05.03.2020 – 06:03 UTC
flybe. (BE, Exeter) has ceased flight operations following its entry into administration on Wednesday, March 4. The move follows the UK regional carrier’s failure to secure a critical GBP100 million pound (USD129 million) loan from the UK government needed to remain solvent.
According to The Financial Times, executives reportedly told ministers flybe. could collapse imminently without state assistance.
ITV media reports indicate that lessors began repossessing their aircraft around mid-evening with…
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05.03.2020 – 04:29 UTC
Activist hedge fund Korea Corporate Governance Improvement (KCGI) has acquired additional shares in Korean Air (KE, Seoul Incheon) parent Hanjin KAL amid increasing sabre-rattling ahead of a boardroom showdown later this month that will determine the conglomerate’s future leadership.
KCGI subsidiary Grace Holdings raised its stake in Hanjin KAL to 17.68% after buying 0.54%, it said in a stock market disclosure on March 3.
The fund has teamed up with Hanjin heiress and former Korean Air vice president Cho…
05.03.2020 – 03:33 UTC
Azul Linhas Aéreas Brasileiras (AD, Sao Paulo Viracopos) shareholders have approved the sublease up to twenty-eight E195s to Breeze Airways (Salt Lake City), a US start-up backed by the Brazilian carrier’s founder and chairman David Neeleman.
Azul said in a press release that 97% of its shareholders voted in approval of the transaction. David Neeleman, who owns a 5.8% stake in the airline, abstained from the vote in accordance with related-party transaction policy.
The final scope of the…
05.03.2020 – 01:43 UTC
5N-DNA (msn 28400) operated its first revenue flight as 9J335 from Lagos to Abuja, Flightradar24 ADS-B data shows. The 22.5-year-old ex-Southwest Airlines (WN, Dallas Love Field) aircraft was ferried to Nigeria from Naples Capodichino in mid-September 2019.
Dana Air is planning to induct another B737-300, 5N-DNB (msn 27721),…
05.03.2020 – 00:47 UTC
“So far, we didn’t revisit that IPO right now. It’s still there in the planning but the more pressing matter is how to recover immediate losses from China,” Chief Executive Ricardo Isla told The Inquirer newspaper.
The Filipino unit of AirAsia Group was hoping to raise as much as USD200 million from the listing which it had planned to hold in…
04.03.2020 – 23:52 UTC
The new-build jet was ferried directly from the Airbus assembly plant at Tianjin in China to Kathmandu, Flightradar24 ADS-B data shows. Local media reports indicate it still features the livery of Tibet Airlines (TV, Lhasa). However, once repainted it will be used to reinforce service to Chinese destinations.
“The just-arrived aircraft will not only be able to fly to…
04.03.2020 – 22:01 UTC
The European Commission has opened an in-depth investigation to assess whether operating aid granted to Beziers airport, as well as marketing and airport services agreements concluded between Ryanair (FR, Dublin Int’l) and the French regional airport operators are in line with EU state aid rules, according to a press release.
The commission received a complaint concerning operating aid granted to the successive operators in Béziers from 2007 to today. The airport was owned and managed from 2007 to 2011 by the Chamber of…
04.03.2020 – 19:11 UTC
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) said in a statement on February 28 that it had cut its workforce by about 300 employees due to continued losses. The job reductions complete a retrenchment process involving ground-based administrative and management personnel.
“The streamlining will strengthen the company in the wake of losses sustained in 2019, aggravated by the ongoing travel restrictions and flight suspensions to areas affected by Covid-19,” the carrier said, adding that the job cuts involved a “voluntary…
04.03.2020 – 18:16 UTC
American Airlines (AA, Dallas/Fort Worth) announced on February 28 that it will invest USD550 million at its base maintenance facility at Tulsa Int’l. This is the most significant investment ever made at a maintenance location in the carrier’s history and will take seven years to complete.
Already the world’s largest commercial aircraft maintenance facility, the new project includes the construction of a new widebody-capable hangar and base support building. The new 18,000sqm hangar will be able to hold two widebody aircraft — or…
04.03.2020 – 17:20 UTC
The High Court in Johannesburg has denied Airlink (South Africa) (4Z, Johannesburg O.R. Tambo) the right to sue South African Airways (SAA). The regional airline had been seeking to recover funds from ticket sales under the terms of its franchise agreement with the embattled flag carrier, but on March 2 the court dismissed the application saying Airlink must wait in line like all other creditors.
As previously reported, Airlink wanted special permission from the court to order SAA and its business rescue…
04.03.2020 – 14:51 UTC
Berjaya Air (J8, Kuala Lumpur Subang) started flights from Kuala Lumpur Subang to Pulau Redang on February 20, utilising the carrier’s sole ATR42-500 9M-JOG (msn 564), Berjaya Hotels and Resorts (BHR), part of the Berjaya Group which also owns the airline, said in a social media post.
The 188-nautical mile (333-kilometre), hour-long sector will serve BHR’s two resorts on the island, namely The Taaras Beach and Spa Resort and Redang Island Resort. Initially operating 2x weekly, the year-round service will offer 6x weekly rotations…
04.03.2020 – 13:21 UTC
Aleppo Airport reopened to civilian traffic in mid-February, after the Syrian Arab Army (SAA) took control of the area around the city, Minister of Transport Ali Hammoud said. The last commercial flights to the city were in 2012.
The opening of the airport, which serves Syria’s second-largest city and its former economic capital, was made possible after the SAA took control of the entire Aleppo-Damascus M5 highway, which is in the southwest of the city. The airport is located to the east of the city….
04.03.2020 – 11:51 UTC
Key Lime Air (KG, Denver Centennial) will commence Essential Air Service (EAS) flights on the Thief River Falls to Minneapolis/St. Paul route from June 1, 2020, replacing the existing turboprop service operated by Boutique Air (4B, San Francisco, CA). The current EAS contract with Boutique Air, which operates from Thief River Falls 18x weekly with its PC-12 fleet, is set to end on May 31 and no service hiatus is expected.
The new two-year contract, awarded by the US Department for Transportation (DOT),…
04.03.2020 – 07:19 UTC
Wimpie van Vuuren, acting general manager for commercial services; Johannes Blaauw, manager for cargo sales; and Abraham Nasab, manager for cargo operations, were named as the three suspended employees.
“The suspensions are to allow the airline to conclude pending investigations. The airline holds instructions that…
04.03.2020 – 06:19 UTC
A growing number of airlines have unveiled measures to combat the effects of the COVID-19 epidemics, including grounding aircraft, cutting capacity, and furloughing staff.
Cathay Pacific (CX, Hong Kong Int’l) together with its subsidiaries Cathay Dragon, HK Express, and Air Hong Kong has grounded around 120 out of its 237 aircraft, the South China Morning Post reported. While actual aircraft on the ground are rotated, the number of parked units remains relatively stable. The group has also slashed 75% of its total number of flights…
04.03.2020 – 03:19 UTC
The ch-aviation fleets advanced module shows that there are four more completed, albeit undelivered, A330-300s, namely msn 1863, 1865, 1874, and 1940. The quartet was initially destined for…