MNG Airlines has entered into an agreement to become publicly traded on the NYSE through a business combination with US based SPAC, Golden Falcon Acquisition. The US$676 million transaction is expected to close in 1H 2023. https://www.reuters.com/markets/deals/turkeys-mng-airlines-go-public-nyse-202...Jump to post
Hong Kong Airlines creditors have approved the US$6.2 billion debt restructuring plan of the company.
https://www.scmp.com/business/banking-f ... don-courts
Signs MOU with Thai to forge new "strategic partnership"
https://www.singaporeair.com/en_UK/us/m ... 122-221202
Initially seems to be deeper codesharing as carriers explore more wide-ranging commercial collaboration
Per investor update, they plan to draw the second tranche of their USD$700mil DIP financing in Q1 to maintain liquidity.
Separately they expect o take delivery of 15 further A320neos and six E195s for SAS Link in 2023. They continue negotiating with lessor over some existing fleet members.
Turkish Airlines participated at Miami Art Week with this plane mock-up and TK logo by artist Ardan Ozmenoglu. https://idsb.tmgrup.com.tr/ly/uploads/images/2022/12/01/thumbs/800x531/244313.jpg?v=1669883824 https://idsb.tmgrup.com.tr/ly/uploads/images/2022/12/01/thumbs/800x531/244313.jpg?v=1669883824Jump to post
Tokyo Narita starting January 12th with daily service
https://www.greaterbay-airlines.com/hk/ ... -2023.html
HB530 HKG-NRT 0920-1450
HB531 NRT-HKG 1600-2015
These supplemental slots are awarded only a 1-year basis, and are subject to being withdrawn. Currently, the eligible airlines on the supplemental slot waiting list (in priority order) are: 1) Breeze Airways 2) Swoop 3) American Airlines 4) Hawaiian Airlines 5) Southwest Airlines Of this bunch, I on...Jump to post
APA says by temporarily offering double-pay has improved pilot availability and was critical in ensuring smooth operation during Thanksgiving and the upcoming Christmas holiday. https://www.forbes.com/sites/tedreed/2022/12/01/american-airlines-pilots-union-says-deal-with-isom-helped-holiday-ops/?sh=...Jump to post
CNN is catching up on old news.
Airbus early this year announced it would use A380 testbed to trial different hydrogen-powered technologies including new engine design.
New route - Seoul Incheon effective January 16.
https://www.aeroroutes.com/eng/221201-h ... ncheon3icn
Back in Managua
https://aerolatinnews.com/wp-content/up ... aragua.png
New pilot bases
https://pbs.twimg.com/media/Fi1igmmaEAA ... name=large
SAS posted 1.7 billion Swedish kronor (~USD$161mil) quarterly loss on 10.7 billion kronor revenues
https://www.sasgroup.net/files/Main/290 ... q42022.pdf
US airline lounges are first and foremost membership clubs. Just buying a domestic first-class ticket does not entitle one to access. Hi, just sharing my experience as I flew UA out of HNL in May this year, i was in Business class on full revenue ticket without any membership (i am TK Elite but that...Jump to post
Capital A to proceed with plan to combine AirAsia and AirAsia X.
https://www.reuters.com/business/aerosp ... 022-11-29/
UK Competition and Markets Authority said that it is considering various remedies offered by KE/OZ and has until 26 January 2023 to decide.
https://koreajoongangdaily.joins.com/20 ... 09899.html
Norse announced that it closed a private placement that provided the equivalent of US$30 million. Funds to be used for UK subsidiary and requirement to maintain minimum capital base of US $46mil. https://www.flightglobal.com/airlines/norse-atlantic-issues-new-shares-to-raise-funds-for-uk-operation/1...Jump to post
Oneworld, the global airline alliance is in discussions about bringing China Southern Airlines Co. into its ranks, according to people familiar with the matter. China Southern is the nation’s largest airline with dual hubs in the capital Beijing and the southern city of Guangzhou, where it is headqu...Jump to post
Issued RFP for the dry lease of multiple B737-800 or equivalent for 8-12 years period.
https://eproc.garuda-indonesia.com/webc ... 5981692e85
Ticket sales commenced for launch on December 1st.
Initial routes are from Kuala Lumpur to Kota Kinabalu, Kuching and Langkawi.
http://orientaviation.com/articles/8873 ... r-business
This is true, but it’s not because of Covid. Corporate booking always taper off around mid-November and then pick up again in mid-January. It’s relatively par for the course. Not what analysts are saying. Per a note issued last week: Corporate travel transactions have been notably weak in recent we...Jump to post
Per ARC corporate bookings trending downwards over the last month.
No doubt DEN region has grown, however, its not exactly a global city with vast international demand. The largest unserved Europe markets from DEN prepandemic were AMS and FCO with PDEW of about 55 and 42 respectively, though both are quite seasonal. DEN is a great hub as UA has stated, but as LAXdu...Jump to post
Europe connections via DEN really only make sense from Western US. The problem is the biggest markets in the West is California and UA already has two hubs here. Many markets in Southwest and mountain west are rather small, or also have connections to other UA hubs, so DEN does not provide much of u...Jump to post
New CEO announced for TG.
Chai Eamsiri former CFO appointed as CEO as part of rehabilitation.
https://www.flightglobal.com/strategy/t ... 18.article
AI seems like they’re trying to compete w UA more than they partner. Its the way the alliances are loosely set up. Just because you are in Star does not mean United wants to or will work with you. Look at the cold relationships with TAP, SAS, Turkish etc. Instead UA rather focus on its Lufthansa Gr...Jump to post
Air China adding frequencies to Italy, and resuming service to Hungary
https://www.routesonline.com/news/29/br ... n-service/
Fly Atlantic a Belfast based carrier that seeks to launch trans-Atlantic and Europe services for summer 2024 using either 737MAX or Airbus narrowbodies. The carrier which plans to adopt a ULCC model seeks to utilize its Belfast base as scissor hub linking US and Canadian markets with UK and European...Jump to post
SQ will remove A380s from North America. Will replace with 77W on SIN-FRA-JFK route effective May. Will utilize A380s on shorter Far East markets and Australia. MEL A380 service to be reintroduced in May, while an additional SYD service will be upgaged to A380 also. https://www.flightglobal.com/airl...Jump to post
ESAS Holding the primary shareholder of Pegasus has decided to put an additional 7% of its stake on the public market.
https://www.globalcapital.com/article/2 ... c-recovers
The U.S signed an open skies agreement with Ecuador, one of the few remaining bilateral limited countries in South America.
https://www.state.gov/united-states-and ... agreement/
Malaysia Airlines eyes acquiring 25 more MAX's.
CEO says network requires about 50 narrowbodies, so with 25 MAX already on order, the carrier needs to acquire the other 25 soon.
https://www.bloomberg.com/news/articles ... -max-order
Sharp looking retro Horizon E175
https://pbs.twimg.com/media/Fh4NtrEaMAA ... =4096x4096
The UAE government added Turkey to list of countries that no longer have vaccination proof or PCR tests for visitors.
https://www.aa.com.tr/en/world/turkish- ... ts/2739184
Should be good for PC and TK.
Closing arguments were held today.
Case now in hands of the judge.
https://apnews.com/article/travel-busin ... 96ba5ee579
Hopefully one day PIA can regain a decent reputation. Maybe TK can help in that in a turning of tables ! As late as the early 1990s, PK was advising TK, particularly in the area of MRO as TK was working on developing its own capabilities. At the time PK had a good reputation and well-established ma...Jump to post
Looks like deal is off.
https://www.reuters.com/business/aerosp ... 022-11-16/
Surf will seek an IPO on its own.
Air service license granted. Cleared to launch service
http://orientaviation.com/articles/8830 ... ce-licence
- Breeze lost its single slot due dormancy. - AA returned 1 slot - WN picked both up https://www.longbeach.gov/globalassets/city-manager/media-library/documents/memos-to-the-mayor-tabbed-file-list-folders/2022/november-11--2022---long-beach-airport-awards-a-permanent-flight-slot-and-a-supplemental-f...Jump to post
What the heck does that mean? Sounds like they don't know how to label it currently. Dont read much into what AA is doing at AUS. AA900 EZE-MIA 16NOV ETD 21:39 LT was ready for its takeoff roll when it requested authorization to return to the gate, unspecified reason, presumably technical. 77W N730...Jump to post
PIA is finally back to IST. PK plans 6 weekly flights to IST (4 from ISB, 2 from LHE) where passengers will be able to connect onward 28 cities in Europe, UK and USA under TK codeshare. PK expects to carry 150,000 passengers on the services within the first year. A all a bit ironic to me with PK now...Jump to post
Brian Znotins - VP network appeared on a panel had a few comments ○ "For AA network planners, the sexiest thing is profitability" ○ Hopefully 2023 will be a boring year that will largely focus on restoration, not new destinations. ○ AA infrastructure today can support flight volume growth ...Jump to post
Baptism and handover of the second aircraft by LH Technik in Hamburg. https://pbs.twimg.com/media/FhskhdGWQAAhDlp?format=jpg&name=small https://pbs.twimg.com/media/FhskhdGWQAAhDlp?format=jpg&name=large https://pbs.twimg.com/media/Fhskhd5X0AEvsOH?format=jpg&name=small https://pbs.twimg.co...Jump to post
Isom appeared at Skift forum today. Some of his comments. ○ Staffed well for Thanksgiving ○ Thanksgiving bookings more spread out, less peak than typical - part of trend with changes to how many people work now ○ Demand remains robust but mindful of potential economic gyrations ○ Smaller businesses ...Jump to post
Canada and India have expanded their air service agreement giving the airlines unlimited passenger flights between the two countries. As a part of the new agreement, airlines will not have to restrict themselves to a cap of 35 weekly flights and will be able to operate as many passenger flights as t...Jump to post
Frontier today held its Investor Day.
The presentation(pdf) can be downloaded at >> https://ir.flyfrontier.com/static-files ... 5aff126b87
As part of the flood of consumer complaints regarding airlines failing to provide required refunds to customers during the Covid pandemic, the DOT is out today with $7.25 million in civil penalties against six airlines for "extreme delays" in providing refunds. As part of the review, the a...Jump to post