SQUAWK

NordStar-KrasAvia tie-up to support northern Russia network development

Russian carrier NordStar has entered a tie-up with regional operator KrasAvia, a consortium intended to increase air transport access for the area. President Vladimir Putin had supported a proposal to establish a base carrier at Norilsk – a designation which...

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Southwest nears 737 Max 7 order: report

Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from...

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Aeroflot Group impairs Rossiya goodwill and Aurora disposal

Aeroflot Group has disclosed a Rb6.5 billion ($88 million) write-off of goodwill for its subsidiary airline Rossiya in its full-year financial results. The company has also listed a Rb5.07 billion loss from the disposal of another subsidiary, the eastern Russian...

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President Biden to sign bill providing $14bn to airlines

Both houses of the US Congress have now passed a pandemic-relief bill that would make billions of dollars in aid available for the benefit of employees at US airlines. US president Joe Biden intends on 12 March to sign a...

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Southwest set to return Boeing 737 Max to its fleet

Southwest Airlines, the world’s biggest operator of Boeing 737 aircraft, is set to return the 737 Max into its network and schedule, operating several revenue flights on the type for the first time in two years. Southwest Airlines, the world’s...

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Wizz Air UK to have four A321neos by end of May

Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody. Wizz Air’s UK operation will have four new...

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US DOT grants Breeze certificate to operate

The US Department of Transportation (DOT) has given start-up low-cost airline Breeze Airways the green light to begin operations. The US Department of Transportation (DOT) has given start-up low-cost airline Breeze Airways the green light to begin operations. Breeze, headquartered...

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GECAS acquisition is ‘right business at right time’: AerCap chief

AerCap’s proposed $30 billion acquisition of GECAS is about “buying the right business at the right time at the right price”, the Irish lessor’s chief executive has said. AerCap’s proposed $30 billion acquisition of GECAS is about “buying the right...

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Business travel will come back: United Airlines chief

It is a mistake to believe that business travel demand will be fundamentally altered by the Covid-19 pandemic, even if its recovery will lag the return of leisure markets, according to United Airlines chief executive Scott Kirby. It is a mistake...

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Court urges Czech Airlines creditors to file prompt claims

Czech Airlines creditors are being urged to submit claims within two months following the carrier’s filing for insolvency with a Prague court. The municipal court has ruled that an interim creditors’ committee be appointed with Czech Airlines Technics, the Czech...

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