SQUAWK

Troubled Nok given extension to submit rehabilitation plan

Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.  Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.  In a 15 March...

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CALC’s 2020 operating profit steady as fundamentals ‘unscathed’

China Aircraft Leasing reported steady operating profit and revenues in 2020, as the key fundamentals supporting its operations for the long term “remain unscathed”, despite a massive hit to its bottom line. China Aircraft Leasing reported steady operating profit and...

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SkyWorks offers 17 LATAM aircraft for auction

Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. The aircraft are currently in storage in Victorville, California, and are being sold on...

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US Air Force looks at ‘cognitive electronic warfare’ for F-15

The US Air Force is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. The US Air Force (USAF) is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. In particular, the service is looking for...

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US airlines giddy about recovery

US airline executives are finding it difficult to contain their excitement as the industry hovers on the verge of a sharp rebound in travel demand with customers beginning to plan forward travel in numbers that air transport has not seen...

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Southwest sees break-even by June

Southwest Airlines hopes to break even by mid-2021 as air travellers return in greater numbers. Southwest Airlines hopes to break even by mid-2021 as air travellers return in greater numbers. Gary Kelly, the Dallas-headquartered airline’s chief executive, says on 15 March...

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Air Baltic to resume non-EU flights

Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to the Ukraine capital Kiev. Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to...

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New airline plans Norwegian-style transatlantic flights with 787s

A new airline backed by the founder of Norwegian is seeking to launch transatlantic flights with Boeing 787s later this year, as it aims to fill the long-haul low-cost gap left by the latter’s recent withdrawal from Europe-USA market. A new carrier...

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American’s Parker says recovery imminent

American Airlines is optimistic that a sustainable post-coronavirus rebound has begun as customers start to return in greater numbers. American Airlines’ chief executive thinks the post-coronavirus rebound may have begun, noting that customers are returning in great numbers to air...

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JetBlue-American deal on track despite JetBlue’s pilot tiff: CEO Hayes

JetBlue Airways remains able to implement a business partnership with American Airlines despite JetBlue’s pilots recently voting down new contract terms. JetBlue Airways remains able to implement a business partnership with American Airlines despite JetBlue’s pilots recently voting down new...

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