Shareholders in International Airlines Group (IAG) gave their backing to a €2.75 billion ($3.25 billion) rights issue during the company’s annual general meeting (AGM) held Sept. 8.
Ryanair Holdings Group CEO Michael O’Leary has said he is now anticipating just 50 million passengers for fiscal 2020-21, two-thirds fewer than the 149 million passengers carried by the Irish LCC in 2019-20.
Oman Air plans to resume limited scheduled services from Oct. 1, the airline said Sept. 9. The carrier has effectively been closed for several months, except for repatriation and cargo flights.
The air navigation service provider of Hong Kong will introduce satellite-based surveillance of aircraft in its flight information region beginning early next year, data provider Aireon announced Sept. 9.
AirAsia has restructured its engineering operations into a wholly owned subsidiary, which will provide MRO services to the group’s airlines and also third-party customers.
Virgin Australia confirmed plans to keep 56 of its Boeing 737s when it exits the administration process, which means it will cut almost 30 aircraft from its narrowbody fleet compared to pre-COVID-19 pandemic levels.
Wary of the current lack of air cargo capacity, IATA has urged the freight industry, governments and public health agencies to work together to prepare the transportation of COVID-19 vaccines around the world if and when they become available.
Finnair has more than halved its capacity plans for October, cutting its schedule from around 200 daily flights to just 70-80, citing a slower-than-expected traffic recovery in light of weak demand and ongoing travel restrictions.
A lack of “clear information” from Boeing on the return of the 737 MAX is hampering Ethiopian Airlines’ ability to make decisions on its future narrowbody fleet as it studies the Airbus A220, according to the flag-carrier’s CEO Tewolde Gebremariam.
The UK government will detail a five-year aviation recovery strategy this fall, including a consultation on air passenger duty (APD) and further considerations on slot reform.
A newly revealed Boeing 787 production issue has been slowing deliveries of the widebody twin, prompting Boeing to hold up completed aircraft for fixes and work with the FAA to determine what ramifications the issue may have for the in-service fleet.
