Tag: Airline

Wizz Air Cuts Wales Flight Network for the Winter

Reading Time: < 1 minute Wizz Air UK has announced it is looking to wind down operations at Cardiff Airport (CWL) in Wales, naming a ‘challenging macro-economic environment’ as the main reason for this decision. Marion Geoffroy, Managing Director, Wizz Air UK, said, “We are very disappointed to have to suspend several routes from Cardiff Airport for the winter season. […]

Pilots’ Strike Forces SAS to Make Bankruptcy Move

Reading Time: < 1 minute Scandinavian airline SAS has filed for bankruptcy protection in the US because striking pilots have contributed to its existing problems. The move will allow the airline to continue operations and bring forward plans to restructure its finances. “During the weekend, to our great surprise, we have seen that many flights are being deployed to popular […]

Brussels Airlines
Brussels Airlines Integrates an Option For Carbon-neutral Flying

Reading Time: < 1 minute Brussels Airlines now offers its customers the option to choose a carbon-neutral booking with a single click. After flight selection, they can choose one of three options to fly CO2-neutral. The first option is to use SAF which is currently produced from residual biogenic materials and directly reduces CO2 emissions. A second option is to […]

easyJet
EasyJet Offers Generous Bonuses to Recruit Crew

Reading Time: < 1 minute EasyJet will offer new and existing cabin crew a £1,000 bonus at the end of the summer holiday season since the staff shortage continues to grow. According to the airline, “EasyJet will pay its cabin crew a recognition payment at the end of the summer season to recognize their contribution to the operation this summer, […]

Wizz Air
Wizz Air Reports 540% Passenger Increase

Reading Time: < 1 minute Wizz Air reported a considerable rise in passenger numbers for April as air travel continued to recover from the Covid-19 pandemic. The budget airline carried over 3.62mln passengers in April, a surge of 542% from the same month last year, with capacity jumping 355.7% to 4.34mln seats. The load factor that measures the percentage of […]

easyjet
easyJet wants to hire 1,000 new pilots – interested?

Reading Time: < 1 minute The low-cost carrier easyJet wants to hire 1,000 new pilots within the next five years. For the first time since the beginning of the pandemic, easyJet is reintroducing its pilot training scheme and is encouraging everyone to consider a pilot career. Johan Lundgren, CEO of easyJet, said: “We are delighted to be reopening our pilot […]

Beluga_840x470
Airbus is Creating Its Own Cargo Airline called Airbus Beluga Transport

Reading Time: < 1 minute Airbus on Tuesday said it is renting out its giant Beluga aircraft to outside customers. The whale-shaped planes are usually used to transport large aircraft parts for its planes like wings and fuselage sections between its factories in Europe. Airbus is forming a new airline called Airbus Beluga Transport to fly large cargo for space, […]

Air Asia
AirAsia Wants to Pay Off 0.5% Of Its $8 Billion Owed

Reading Time: < 1 minute AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of more than $8 billion of the total debt they are owed. The airline said it is the only way to avoid liquidation and that the subsequent restructuring will allow it to become profitable again. As Bloomberg reports, “To avoid a liquidation and […]

Lufthansa
Lufthansa Has Secured €1 Billion In Liquidity

Reading Time: < 1 minute Lufthansa has raised cash after issuing a bond worth €1 billion. As of March 31, the carrier had around €10.6 billion in cash and cash equivalents at hand. Lufthansa raised the first €500 million due to a series of €100,000 three-year bonds with an annual interest rate of 2.0%. Another €500 million came via eight-year […]

Norwegian Air reports 91% traffic fall

Reading Time: < 1 minute Norwegian Air NORR.OL, which is attempting to secure a second round of financial restructuring, saw a 91% decline in August passenger volume from a year earlier as most of its fleet remained grounded by the coronavirus pandemic. The budget carrier will fly 25-30 of its aircraft in the months ahead, while more than 100 remain […]