Abu Dhabi / WAM The first Etihad Airways flight to use sustainable aviation fuel (SAF) supplied by ITOCHU Corporation and Neste took off from Tokyo Narita airport on Thursday. The pioneering flight, EY871 departed Tokyo Narita, was the result of a partnership in which ITOCHU provided Neste MY Sustainable Aviation Fuel to Etihad, the UAE national airline, making Etihad the ...
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The private jet boom is ripe for scrutiny
Chris Bryant Fed up with having his private jet tracked by climate activists typing on Twitter, Bernard Arnault has sold the capacious Bombardier 7500 aircraft belonging to his luxury goods company LVMH Moet Hennessy Louis Vuitton SE. But the world’s third-richest man isn’t about to join the masses flying commercial (quelle horreur!). Instead, Arnault plans to rent private aircraft: “The ...
Read More »Boeing slides after cutting 737 delivery goal on supply woes
Boeing Co. falls the most in four months after the planemaker pared its annual forecast for deliveries of its 737 narrowbody jets and disclosed that it may discontinue the smallest and largest “Max†versions of the workhorse aircraft. In a securities filing, Boeing said it could choose to cancel the 737 Max-7 and -10 variants if a looming deadline for ...
Read More »China to increase international flights from this weekend
China plans to increase the number of international flights operated by domestic and foreign airlines to 840 a week from October 30 to March 25. That’s a jump of 106% from October 2021 to late March this year, but still way below pre-pandemic levels. The announcement, made at a Civil Aviation Administration of China (CAAC) briefing, follows the country’s major ...
Read More »Heathrow goes on hiring spree, says it will take years to recover
London’s Heathrow Airport said businesses at the hub need to embark on a massive hiring spree to rebuild depleted staffing ranks that contributed to a chaotic travel season across much of Europe this past summer, even as passenger numbers will need at least until the middle of the decade to return to pre-pandemic levels. Heathrow served 81 million passengers in ...
Read More »Hong Kong Airlines bondholders to oppose $6.2b debt restructuring
Some bondholders of Hong Kong Airlines are seeking to block a $6.2 billion debt restructuring plan, which they say treats them unfavorably compared with the company’s owner and its affiliates. The ad-hoc group, representing some holders of perpetual notes and advised by law firm Allen & Overy, will vote down a proposal to reduce the debt of the embattled carrier ...
Read More »Air Canada agrees to add more A220 planes to Airbus order
Air Canada agreed to expand a plane order from Airbus SE as the carrier looks to enlarge bits fleet amid the post-Covid rebound in air travel. The carrier said it’s adding 15 A220-300 jets by converting options into firm orders, according to a statement that confirmed an earlier report by Bloomberg News. The order follows a deal closed in 2016 ...
Read More »Flair Airlines in talks to merge with former Boeing CEO’s SPAC
Flair Airlines Ltd, a low-cost Canadian airline, is in talks to go public through a merger with New Vista Acquisition Corp., a blank check-firm backed by a former Boeing Co. chief executive officer. New Vista may seek to raise additional financing to support a transaction. The special purpose acquisition company is led by Dennis Muilenburg, Boeing’s CEO from 2015 to ...
Read More »Singapore Airlines not to fire pregnant flight attendants
Singapore Airlines Ltd said pregnant cabin crew can remain employees, reversing a longstanding and much-criticised rule that they leave the airline. Responding to a Straits Times article, Singapore Air said pregnant cabin crew “may choose to work in a temporary ground attachment†and can resume flying duties after maternity leave. Before the new rules, which took effect on July 15, ...
Read More »Philippines shuts No 2 airport after Korean Air plane overshoots runway
The second-biggest airport in the Philippines has been closed after a Korean Air Lines Co. plane overshot the runway when trying to land in poor weather. While no one was injured in the incident that occurred, and the 162 passengers on board were safely evacuated, the runway at the Mactan-Cebu International Airport has been closed to allow the badly damaged ...
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