Bloomberg Airlines are racing to bring parked planes back into service now that post-pandemic travel demand is picking up. But some of those jets are looking a little rough around the edges. Eagle-eyed observers say some aircraft due for a routine grooming at United Airlines Holdings Inc. didn’t get fresh coats before being brought back into its active fleet. ...
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Airlines get relief from Covid rule, but may not be ready for it
Bloomberg Airlines have been petitioning for months to ease a pandemic-era restriction on arrivals from abroad. Now that the White House has lifted mandatory Covid testing for inbound passengers, the industry may rue having its collective wish granted just ahead of the busiest time of year for travel. Travellers by air will join those at land ports of entry ...
Read More »Finnair shifts its focus with Russian airspace shut off
Bloomberg Finnair Oyj, the hardest-hit among European airlines from the closing of Russian airspace, is planning an overhaul of its strategy that would see a smaller operation pivoting westward. “As a first step, the first response when we are reviewing our strategy on the back of the Russian airspace closure, we have pivoted our network to the west, and ...
Read More »Lufthansa cancels summer flights due to staff shortages
Bloomberg Deutsche Lufthansa AG cancelled hundreds of summer flights due to staff shortages, underscoring the challenges facing European aviation as the industry fights to recover from the coronavirus crisis. Germany’s flagship airline scrapped about 900 domestic and European short haul trips for July, including those at its namesake and Eurowings budget brands, a spokesman said. The canceled flights, which were ...
Read More »Garuda Indonesia plans to tackle liabilities with $800m of new debt
Bloomberg PT Garuda Indonesia plans to issue $800 million of new debt as part of a plan to address its liabilities, as the embattled carrier seeks to reverse its fortunes after the pandemic. The airline would also raise $330 million by issuing new equity, according to a restructuring proposal made in a Jakarta court. The carrier also suggested modifying ...
Read More »Cleaning up airline travel seems to be really expensive
Bloomberg We’re probably going to have to fly less. And when we do board a plane, it’s going to cost more — a lot more, one way or another. Those are the conclusions of a new report by the nonprofit International Council on Clean Transportation, which analysed how the airline industry could cut emissions in line with global climate goals. ...
Read More »British Airways’ South African operator poised to be liquidated
Bloomberg Comair, the South African partner of British Airways and owner of low-cost carrier Kulula, is on the brink of collapse after administrators were unable to raise the funds needed to resume flying. The operator of about 40% of domestic air trips in South Africa has been battling with high fuel prices, the aftermath of coronavirus travel bans and ...
Read More »Paris airport scraps flights amid strike
Bloomberg A quarter of flights were cancelled and two runways shut by a strike at Paris-Charles de Gaulle airport, the latest upheaval to hit the European transport industry struggling to meet higher demand for travel. The walkout by a broad range of employees at the French capital’s international hub is also expected to cause delays for passengers whose flights ...
Read More »Garuda’s administrators recognise $8.3b of claims
Bloomberg Administrators for PT Garuda Indonesia have acknowledged claims worth 120.5 trillion rupiah ($8.3 billion) as the beleaguered airline seeks to restructure its debts. Documents posted online showed the biggest claim coming from Airbus SE at more than 7.8 trillion rupiah. Oil company PT Pertamina, which is looking to recover 7.5 trillion rupiah, also featured on the list labeled ...
Read More »Singapore Airlines to start selling sustainable aviation fuel credits
Bloomberg Singapore Airlines Ltd will start selling sustainable aviation fuel credits in July, a move that will help travelers mitigate carbon footprints as businesses and governments work to reach net zero emissions by 2050. The city-state’s flag carrier plans to sell 1,000 SAF credits to travelers and freight forwarders, it said in a joint statement with the Civil Aviation ...
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