SQUAWK

El Al survival remains in balance as losses top $400m

Israeli flag-carrier El Al has unveiled a pre-tax loss of $148 million for the third quarter alone, after revenues for the period sank by 94% to less than $40 million. El Al’s performance under the weight of the pandemic crisis...

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No one-size-fits-all answer to testing airline passengers: WHO chief

The testing of international travellers for Covid-19 must not take resources away from higher-priority areas and should be tailored to each country’s need, in the view of World Health Organization director general Tedros Adhanom Ghebreyesus. The testing of international travellers for Covid-19 must not...

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Further consolidation in Asia-Pacific ‘highly likely’: IATA

IATA has warned that more airline consolidation in the Asia-Pacific region is “highly likely”, if circumstances remain dire for airlines amid closed borders and a slow restart to international travel. At a regional briefing a day after its virtual annual...

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Russian government to create United Leasing with GTLK and VEB merger

Russian state leasing company GTLK is to be merged with state investment corporation VEB’s leasing arm to create a single entity. The plan has been disclosed by Russian prime minister Mikhail Mishustin during a 23 November meeting with deputy ministers...

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Lion A330 excursion prompts new guidance on crew proficiency

Indonesia’s National Transportation Safety Committee (NTSC) has advised the country’s civil aviation body to develop guidelines surrounding proficiency and training exemptions in light of the coronavirus outbreak, following a runway excursion involving a Lion Air Airbus A330-300. Indonesia’s National Transportation...

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Tokyo to retire iconic F-4 in March 2021

Tokyo will operate its McDonnell Douglas F-4EJ Phantom IIs until the end of March 2021, at which point the type will be retired. The final flight schedule has yet to be determined, says the Japan Air Self Defense Force (JASDF). The...

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SIA raises S$500 million from privately placed 10-year bonds

Singapore Airlines has raised S$500 million ($373 million) from a private placement of new 10-year, 3.5% bonds. The offer was launched at S$300 million and upsized to S$500 million, “after a strong appetite was apparent from a select group of...

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Mesa will operate 40 CRJ-900s for American Airlines

Mesa Air Group, the parent company of Mesa Airlines has signed a new five-year contract with American Airlines to operate 40 Bombardier CRJ-900 aircraft for the Fort-Worth-based carrier beginning on 1 January. Mesa Air Group, the parent company of Mesa...

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Pandemic’s effect on converted freighters led Boeing to trim 20-year cargo outlook

A pandemic-caused surge in conversions of younger passenger jets to freighters is among reasons why Boeing cut its 20-year cargo-jet forecast. A pandemic-caused surge in conversions of younger passenger jets to freighters is among reasons why Boeing cut its 20-year...

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FAA to Hold Dec. 2 Public Meeting for Space Florida Shuttle Landing Facility

The Federal Aviation Administration (FAA) will hold a virtual public meeting to receive public comment on a draft Environmental Assessment (EA) for the Shuttle Landing Facility (SLF) at the Cape Canaveral Spaceport in Titusville, Fla. The meeting is Wednesday, Dec....

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