Airlines
20,163 news found
AirlinesAlitalia: will not expire the return of the bridge loan?
Norm contained in the draft of the "decreto legge Crescita"
After three extensions granted to the Alitalia carrier for the return of the 900 million Euro bridge loan (plus interest) granted by the Ministry of Economy and Finance (MEF) following the commissioner,... more
AirlinesJet Airways: airport slots will be temporarily assigned
Move to avoid creating an unmanageable situation
To avoid chaos in the aircraft transport sector due to the cessation of all Jet Airways activities, the Indian government will in the next few days form a commission of experts to temporarily assign to... more
AirlinesJet Airways: all the aircraft fleet grounded
Without an investor, soon the end of the company
Jet Airways aircraft will remain grounded from today until it will be found an investor to take over the majority of the shares of the Indian airline, capable also to inject new funds into the cash necessary... more
AirlinesJet Airways: all aircraft grounded from tomorrow
Flight operations will be suspended
According to what was reported by the Indian press the credit institutions would have rejected the request of the air carrier Jet Airways for a new loan, which will probably cause the company to stop all... more
AirlinesEtihad Airways: Chief Financial Officer Mark Powers resigns
New problems for the carrier?
For Etihad Airways there are not only problems related to the economic situation, since yesterday the Chief Financial Officer (CFO) Mark Powers resigned after about a year of work in the Abu Dhabi carrier.... more
AirlinesAviation report (2). Ryanair welcomes EC Group recommendations on reform of European ATC
The note issued by the Irish low-cost carrier
The Irish low-cost carrier Ryanair issued the following note regarding the publication of the recommendations by the EC:"Ryanair welcomed yesterday (April 15) the publication of the 10 recommendations... more
AirlinesAsiana Airlines: soon the sale of the low-cost Air Busan and Air Seoul?
It could be a prerequisite for new financing
Asiana Airlines' creditors are evaluating a plan to maintain financial support for the Korean carrier, which due to the debts accumulated in recent years is about to face a period of corporate restructuring... more
AirlinesJet Airways: proposal to suspend all operations
Block to intercontinental flights extended to Thursday
The management of Jet Airways during yesterday's board meeting -according to "ET Now"- proposed to suspend all operations of the air carrier until a buyer is found for the majority of the shares. Furthermore,... more
AirlinesAvianca Brasil: 179 flights cancelled due to lack of aircraft
First victory of a leasing company in court
The problems continue for Avianca Brasil which on Friday announced the cancellation of 179 connections scheduled until Wednesday. A decision taken after a judge from San Paolo rejected the airline's request... more
AirlinesAsiana Airlines: will the Kumho Group sell a third of the shares?
Possible sale for 315 million dollars
Attempts by Kumho Asiana Group to save the South Korean carrier Asiana Airlines, which in recent years has recorded an excessive increase in expenses, increasing its debt almost uncontrollably, continue.... more
AirlinesJet Airways: meeting between banks today for a new loan
From tomorrow there may be no more cash on hand
More than a thousand of Jet Airways pilots who have not received their salaries in the last three months should have been on strike today, in a move that would have caused a total blockage of the airline's... more
AirlinesJet Airways (2): an urgent meeting called by the Indian Prime Minister
Is it ready a new attempt to save the carrier?
The office of the Prime Minister of India has called -according to the local press- an urgent meeting with the State Bank of India (SBI), with the minister of Transportation and the once of the Economy... more
AirlinesHong Kong Airlines: shareholders ask to see the last balance sheet
Condition for the financing of flight operations
Hong Kong Airlines shareholders asked to the HNA Group to present the 2018 balance sheet as a basic condition to obtain a $ 255 million loan, necessary to allow the company to remain operational and not... more
AirlinesJet Airways: all international flights temporarily cancelled
Aircraft fleet reduced by almost 80%
The number of Jet Airways aircraft that are grounded by leasing companies continues to increase, so much so that the size of the fleet has been reduced by 80% and should be below the 20 usable planes.... more
AirlinesAlitalia. Jacobs: "Ryanair always interested in a feeder"
"In the future? In Europe there will be only 5 carriers"
"Alitalia cannot survive alone and will need a partner in the future, we as Ryanair remain interested in a collaboration for the federation of domestic flights", so the Chief Marketing Officer of the low-cost... more
AirlinesJetBlue Airways: first connections to London from 2021
The low-cost will convert the order to Airbus in A-321LR
On intercontinental flights between the United States and Europe, the low-cost JetBlue Airways will also enter by 2021 aiming to open the New York-London and Boston-London flights, offering low-cost fares... more
AirlinesUnited announces additional service from Washington
Flights will be launched in fall 2019
Washington-Dulles International Airport (IAD) announced Wednesday that United Airlines will add two daily non-stop flights to Fort Myers and Sarasota, Florida, beginning October 27, 2019, providing new... more
AirlinesNorwegian Air: delivery of Airbus aircraft delayed
Decision taken to save capital in 2019
Norwegian Air has agreed with Airbus -via Irish leasing company Arctic Aviation Assets- to postpone deliveries of the A-320neo and A-321LR aircraft to next year in order to save about 570 million dollars... more
AirlinesAsiana Airlines: 3 years to restructure the carrier
A € 390 million loan is requested
If Asiana Airlines will fail to complete its restructuring plan over the next three years, which would allow it to return to positive operations, the main shareholder of the carrier -Kumho Asiana Group-... more
AirlinesRolls-Royce: new inspections on all Trent 1000 TEN engines
An improved version should be presented by 2020
After Singapore Airlines grounded two Boeing B-787/10 Dreamliner aircraft powered by Rolls-Royce Trent 1000 TEN engines, on which it was verified that the turbine blades were consuming faster than expected,... more
AirlinesEtihad Airways: Dreamliner plane on the Abu Dhabi-Milan route
It will replace the obsolete A-330s used so far
Short from the world. Etihad Airways will introduce the B-787/9 Dreamliner aircraft to operate flights between Abu Dhabi and Milan starting from next September 1, 2019. The new planes will replace the... more
AirlinesEtihad: seeks lenders for 600 million dollars
Required annual loans to pay for ordered aircraft
Etihad Airways is trying to find a loan of around 600 million dollars to allow the management to proceed with the payment of the ordered aircraft, and to do this -according to the local press- it would... more
AirlinesJet Airways: 2 days to submit offers for the majority
Does the Delhi government study Plan B?
The future of Jet Airways will be decided by April 10, the deadline set by the State Bank of India (SBI) to present initial offers to take 75% of the airline's shares in poor financial conditions. The... more
AirlinesKorean Air: the president and CEO Cho Yang-ho passed away
Two weeks ago he was disheartened by the board of directors
After a long lung disease, the owner, president and CEO of Korean Air Cho Yang-ho passed away today, after a few weeks of struggles with the shareholders who had managed to end his mandate on the board... more
AirlinesTap Air Portugal receives the first A-321LR aircraft
The aircraft will be operated on the Lisbon-Tel Aviv route
Lisbon-based TAP Air Portugal has taken delivery of its first of twelve A-321LRs on order, becoming one of the first airlines to operate a combined A-330neo and A-321LR fleet. The A-321LR is the large... more
AirlinesEthiopian Airlines: declarations concerning aircraft accident report
The carrier takes note of the preliminary report and appreciates the investigative team's work
Ethiopian Airlines Aviation Group would like to acknowledge the preliminary report of the accident of ET302/10 March, 2019 and would like to appreciate the hard work of the investigation team.The preliminary... more
AirlinesAlitalia: most punctual airline in the world in March
According to FlightStats certified data
In March 2019, Alitalia has confirmed itself as the most punctual airline in the world with 89.31 per cent of flights landed on schedule. The Italian carrier is at the top of the ranking even considering... more
AirlinesAvianca Brasil will be divided into seven parts that will be sold at auction
Offers will come from LATAM and GOL
The bankrupt airline Avianca Brasil will be divided into seven parts that will be sold separately at auction. Regional rivals LATAM Airlines and GOL Linhas Aereas Intelligentes announced yesterday that... more
AirlinesJet Airways: operating only less than 30 aircraft
The debts with the leasing companies are still not paid
The number of Jet Airways aircraft landed by leasing companies continues to increase and of the 119 fleets in the fleet only 26-28 are usable. 69 were stopped due to delays in payment of installments to... more
AirlinesNorwegian Air. Kjos: "Positive meeting with Boeing for B-737 MAX aircraft"
No mention of discussions about compensation
The meeting between Norwegian Air's CEO Bjørn Kjos and the executives of the aerospace company Boeing would have been positive because it would have been clarified most of the nodes on the B-737 MAX grounded... more
AirlinesAirbus: Chinese order for 300 aircraft brings together various agreements
Move to reduce trade surplus?
The order for 300 Airbus planes signed by France and China during the visit of Xi Jinping to Paris would be -according to some rumors reported by the press- in reality decidedly more limited, since other... more
AirlinesSingapore Airlines: 2 B-787/10 aircraft grounded
Another problem with the Rolls-Royce Trent 1000 engine blades
Two of the 8 Boeing B-787/10 Dreamliner aircraft in the Singapore Airlines fleet, powered by the Rolls-Royce Trent 1000 TEN engine, were grounded by the carrier because it was detected an early deterioration... more
AirlinesBritish Airways: increases the risk of strikes
The unions reject the latest proposal for an agreement
The main carrier of the IAG Group, namely British Airways, risks to entrance in a long and complicated trade union dispute that could lead to a series of strikes. The idea of the workers (pilots, on-board... more
AirlinesJet Airways: will be paid only salaries of December
Still cash flow problems for the carrier
Despite the rescue by the State Bank of India (SBI) of Jet Airways will only be able to pay December salaries to pilots and maintenance technicians, while the balance of the most recent ones will be postponed... more
AirlinesNorwegian Air: Fiumicino airport hub permanently closed
Steps towards the restructuring of the low-cost
With the IBK8810 and IBK8812 flights, operated yesterday, the experience of the Norwegian Air hub at the Rome-Fiumicino airport was concluded, because the two Boeing B-737/800 aircraft were transferred... more
AirlinesJet Airways: temporary rescue that does not give certainty about the future
It necessary to find a potential investor
The rescue of Jet Airways last Monday from the State Bank of India (SBI) could have only a temporary effect, because the future of the airline is closely linked to the individualization of a new investor... more
AirlinesAsiana Airlines: concrete doubts about the real financial stability
One of the two CEO resigned
The co-CEO of Asiana Airlines -also president of the Kumho Industrial Group which controls the carrier- Park Sam-koo has resigned following the decision of an independent advisor to not sign the 2018 budget,... more
AirlinesWow Air: new failure for an European carrier
Flight operations ended today
The restructuring and rescue plan for Wow Air was a failure: this morning, with a notice on the site, the company announced that it had ceased all flight operations, also cancelling all the flights scheduled... more
AirlinesJet Airways: declaration on its situation
The flights operated as scheduled and those cancelled
Jet Airways intends to specify in a note that "it wishes to clarify and assure its passengers that flights from Amsterdam and Paris continue to operate as scheduled. In partnership with Air France/KLM,... more
AirlinesEthiopian Airlines "is the new spirit of Africa"
The press release signed by the CEO of the Group
We receive and publish the press release signed by Tewolde Gebre Mariam, Group CEO, Ethiopian Airlines, on the situation following the plane crash."It has been more than two weeks since the tragic crash... more
AirlinesAsiana Airlines: the economic situation of the carrier worsens
Profits decreased and net loss increased in 2018
After one of the independent auditors had not signed the Asiana Airlines 2018 budget, the same South Korean carrier revised its accounts and explained that the annual loss for the past year has increased... more
AirlinesJet Airways: the solution for the carrier within this week
The president and founder should resign from any office
Jet Airways president and founder Naresh Goyal should resign from his office in these days and also leave the airline's Board of Directors to try to pave the way for a bailout by the State-owned State... more
AirlinesAsiana Airlines: 2018 budget not signed by one of the auditors
It could open up scenarios of uncertainty for the carrier
The second South Korean carrier for the number of passengers carried, Asiana Airlines, explained that one of the independent auditors (Asiana Samil PwC) did not sign the 2018 financial statements due to... more
AirlinesB-737 MAX 8: Garuda in negotiations with Boeing to cancel the order
It would be practically impossible for several reasons
Garuda Indonesia -according to the US press- wrote to Boeing to explaine the willingness to cancel the order made for 49 B-737 MAX 8 worth $ 4.9 billion. Of these, only one was delivered by the aerospace... more
AirlinesAlitalia: partners are sought for 45% of shares
Losses in 2018 would have been limited, but EBIT still negative by 400 million
If Delta Air Lines' willingness to take 10% of the shares of the Alitalia carrier is confirmed, Ferrovie dello Stato and the Government will need to find other partners who can acquire the remaining 45%... more
AirlinesAlitalia. China Eastern the possibile new shareholder name
Delta's CEO would be in Beijing to try to involve the carrier
There is a new name for the possible future composition of the Alitalia shareholder, because -according to "La Stampa"- the Chief Executive Officer (CEO) of Delta Air Lines Ed Bastian in these days should... more
AirlinesANA receives first A-380 airplane
Ceremony held in Toulouse
All Nippon Airways (ANA) has received the first of its three A-380 aircraft. The airline and Airbus held a ceremony in Toulouse, France to mark the handover of the plane as well as acknowledge the importance... more
AirlinesJet Airways: criticism to the Government for the use of public money
The State bank opens a bailout plan
"Bankruptcy is the last of the options on the table for Jet Airways". So this morning the president of the State Bank of India (SBI) Rajnish Kumar speaking to the press, with which he also specified that... more
AirlinesAircraft. Malaysia Airlines receives expressions of interest
The premier ensures that "the government will evaluate every proposal"
The Malaysian government -according to what Prime Minister Mahathir Mohamad declared- received several expressions of interest for the acquisition of Malaysia Airlines, after the same executive representative... more
AirlinesNorwegian Air Shuttle ASA: Bjorn Halvor Kise leaves the carrier
Chairman of the Board resigns following AGM in May
Bjørn H. Kise has notified the election committee that he will resign as Chairman of the Board of Norwegian Air Shuttle ASA following the Annual General Meeting (AGM) on May 7, 2019. The Election Committee... more