SQUAWK

Chinese carriers poised to recapture international travel market share: HSBC report

With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market. With many...

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IHI sees profitable aftermarket for engine spares dry up

Japanese firm IHI continues to see weakness in its civil aircraft engines business owing to the coronavirus pandemic. “Sales of engines and spare parts in the civil aero engines business is greatly decreasing owing to the drastic decline in demand...

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SpiceJet Q2 losses narrow on cargo revenue growth

A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic. A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet...

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SMBC Aviation Capital sues Garuda over unpaid rent

SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals. SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals. The Indonesian...

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New Zealand 787 engine inquiries closed after Rolls-Royce blade fix

New Zealand investigators have closed an inquiry into two incidents involving engine problems on Rolls-Royce-powered Boeing 787-9s operated by Air New Zealand. The country’s Transport Accident Investigation Commission states that the incidents involved fracture of intermediate-pressure turbine blades on Trent...

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Lufthansa reaches savings deal with ground staff for 2021

Lufthansa has reached a preliminary €200 million ($237 million) savings deal with the Verdi union which provides employment protection for ground staff next year in return for concessions. Lufthansa has reached a preliminary €200 million ($237 million) savings deal with...

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Covid testing at airports ‘a waste of time’: Ryanair chief

Pre-flight testing for coronavirus only makes sense if it is delivered before passengers arrive at airports, in the view of Ryanair group chief executive Michael O’Leary. Pre-flight testing for coronavirus only makes sense if it is delivered before passengers arrive...

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Swiss removes 28 A320s from service for winter

Lufthansa subsidiary Swiss is temporarily withdrawing 28 older Airbus A320-family aircraft from service for the winter timetable to save costs, and instead deploying “more efficient” Airbus A220s, A320neos and A321neos across its short- and medium-haul network. Lufthansa subsidiary Swiss is temporarily withdrawing...

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Variety of Covid-19 entry requirements baffles US travellers

US airline customers tend to get confused about region-by-region and state-by-state Covid-19 entry requirements when searching for flights to leisure destinations, often leading them to take the path of least resistance and book flights to Florida beaches, American Airlines’ chief revenue...

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JetBlue chief views 2021 as ‘perfect time’ for London launch

JetBlue Airways plans to launch transatlantic services in the second half of 2021 amid what it expects to be a resurgence in demand for air travel, according to the airline’s chief executive Robin Hayes. JetBlue Airways plans to launch transatlantic...

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