SQUAWK

Hong Kong and Singapore agree to set up travel bubble

Hong Kong and Singapore have reached an in-principle agreement on an air travel bubble to help boost traffic between the two aviation hubs, ministers said today. Under the plans, travellers will be required to return a negative Covid-19 polymerase chain...

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Air New Zealand outlines ‘safe travel zone’ ops to Australia

Air New Zealand has outlined its operations under a bilateral “safe travel zone” arrangement that allows one-way quarantine-free travel from New Zealand to Australia, starting 16 October. The carrier currently operates eight return flights between Auckland and Sydney each week,...

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Khazanah banking on Firefly if MAB restructuring fails: report

Malaysia’s regional turboprop operator Firefly could replace its parent as national carrier should Malaysia Airlines fail to reach an agreement with creditors on restructuring plans, the managing director of the country’s sovereign wealth fund Khazanah Nasional has said. “Among the...

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United Airlines reports $1.8bn Q3 loss as revenue falls 78%

United Airlines reported a $1.8 billion loss for the third quarter as it restructured its operations to reflect lower demand following the near-collapse of the passenger aviation industry earlier this year. United Airlines reported a $1.8 billion loss for the...

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Sikorsky Boeing SB-1 Defiant reaches 211kt

The Sikorsky Boeing SB-1 Defiant compound helicopter reached 211kt (391km/h) using about two-thirds propeller torque and engine power during a straight and level flight on 12 October. The Sikorsky Boeing SB-1 Defiant compound helicopter reached 211kt (391km/h) using about two-thirds...

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Pratt & Whitney Canada cuts staff due to Covid downturn

Pratt & Whitney Canada has implemented more layoffs in response to the troubled state of aerospace industry. Pratt & Whitney Canada has implemented more layoffs in response to the troubled state of aerospace industry. The company says on 14 October...

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Jayne Hrdlicka to replace Scurrah as Virgin Australia boss

Virgin Australia chief executive Paul Scurrah will step down from his position following the conclusion of the airline’s sale to Bain Capital. “Over the last 18 months, I have had the great privilege of being the CEO and Managing Director...

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Vaccine key to full travel recovery: Singapore transport minister

Singapore Transport Minister Ong Ye Kung has offered a cautious outlook for air travel amid the coronavirus pandemic. In an interview with Bloomberg television, Ong described the tradeoff leaders faced in March, when covid-19 was less understood and there was...

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Eastar Jet seeks new buyer with job cuts, restructuring: reports

South Korea’s Eastar Jet is going ahead with plans to cut 605 jobs as part of its efforts to attract a new investor, according to local media reports. Further job cuts are expected following additional restructuring measures, broadcaster KBS World...

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Traffic down 80% at major European hubs in September

September figures for Europe’s biggest hub airports show passenger traffic down more than 80% on previous year levels, data for London Heathrow, Frankfurt Airport and Paris Charles de Gaulle reveals. Heathrow, Europe’s busiest airport, on 12 October disclosed its passenger...

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