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South Korea KT to develop in-flight VR service

airBaltic resumes flights between Riga and Budapest

Starting on August 11 Latvian airline airBaltic will resume direct flights between Riga and Budapest in Hungary. The flights will be performed two times a week on an Airbus A220-300 aircraft. Martin Gauss, CEO of airBaltic: “We are glad to offer our pass...

Austrian Airlines calls for comprehensive COVID-19 testing to replace general landing and entry bans

Last Friday the Austrian Federal Government allowed landing bans for flights from 18 countries to expire. These bans did not apply in other EU member states. Nevertheless, the many different travel regulations in the European Union make it more difficult for people to travel freely and for airlines...

AviaAM Leasing racquired Boeing 747-400F nose-loader liveried and operational on behalf of Magma Aviation

AviaAM Leasing announced the purchase of a Boeing 747-400F nose-loader aircraft which has already started commercial operations on behalf of Magma Aviation. The aircraft – which is a part of the Magma Aviation fleet – has been recently painted in the Magma Aviation livery with the new addition of the Avia Solutions Group logo.The aircraft has already accomplished its first co...

Corona pandemic considerably impacted Lufthansa result

The collapse in demand for air travel due to the Corona pandemic led to an 80 percent drop in revenue for the Lufthansa Group in the second quarter to 1.9 billion euros (previous year: 9.6 billion euros). Most of the revenue (1.5 billion euros) was generated by Lufthansa Cargo and Lufthansa Technik. The Lufthansa Group Adjusted EBIT in the quarter under review amounted to minus 1.7 billion euro...

SAS Traffic figues for July 2020

SAS capacity was down by 76% and total number of passengers were 75% lower compared to same period last year. Number of passengers remains low due to limited demand in the light of the ongoing COVID-19 pandemic. SAS continues to resume flights to its destinations as demand returns and travel restrictions are easing. Compared to June, the number of passengers increased by nearly 300 thousand but...

Ryanair restores 60% of scheduled flights in August

Ryanair announced it has restored over 60% of normal flight schedules from 1st August, following the successful resumption of its services at the end of June. Throughout July, Ryanair have flown 4.4 million customers to destinations across Europe, reuniting friends and family, allowing commuters to get back to work, as well as jetting tourists off for post-lockdown breaks to some of...

Eurowings extends flight programme by 26 new holiday destinations

The longer the corona crisis lasts, the more people's longing for a holiday from the crisis grows. Eurowings is serving the reawakening desire to travel from its main German airports with 26 additional holiday destinations, which are now being added to the range of the largest German holiday airline. The large Eurowings locations in Düsseldorf, Hamburg, Stuttgart, Cologne/Bonn and Berlin...

Cathay Pacific to half Single-Use plastic footprint by 2022

The Cathay Pacific Group has released its 2019 Sustainable Development Report, providing a comprehensive overview of Cathay Pacific’s and its subsidiaries’ approach to and performance in the areas of environmental, social and governance that are of great importance to our stakeholders. In his message in the report, Cathay Pacific Chief Executive Officer Augustus Tang writes: “...

Temporary Change of Flight Destination Policy by airBaltic

To provide additional flexibility to its customers, Latvian airline airBaltic has introduced a new temporary policy, by allowing passengers, whose flights have been cancelled less than 14 days before planned departure due to changing travel restrictions, to change the planned destination without any additional charge. Martin Gauss, CEO of airBaltic: “Throughout the last f...

First airBaltic bond coupon is paid

In accordance with the bond calendar outlined in the final prospectus of the bond issue, the Latvian airline airBaltic on July 23, 2020 has made the first bond coupon payment to its investors in the amount of EUR 13.5 million. Martin Gauss, Chief Executive Officer of airBaltic said: “Last summer we issued the largest bond in the history of Latvia to support our futur...

15 additional destinations: Austrian Airlines expands summer flight schedule

On Wednesday evening, the Austrian federal government announced that the landing bans for flights from Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Montenegro, Egypt, Northern Macedonia, Romania, Serbia as well as Great Britain, Sweden and Ukraine will expire on July 31. This makes it possible to reintroduce these destinations into the flight program of Austrian Airlines. The new entry regul...

Pegasus signs up to the EASA COVID-19 Aviation Health Safety Protocol

Pegasus Airlines has signed up to the COVID-19 Aviation Health Safety Protocol published jointly by the European Union Aviation Safety Agency (EASA) and the European Centre for Disease Prevention and Control (ECDC). This protocol, which is an operational guide for the management of air travellers and aviation personnel in relation to the COVID-19 pandemic, includes the measures defined by EAS...

Pratt & Whitney and JetBlue sign long-term service agreement for 230 V2500 engines

JetBlue Airways and Pratt & Whitney announced that the airline has signed a 13-year EngineWise fixed-price agreement for 230 V2500 engines that power the airline's A320ceo family fleet. "The V2500 engine has been the workhorse of the JetBlue fleet since the airline's inception," said Steve Priest, Chief Financial Officer at JetBlue. "This agreem...

New destination with airBaltic - Rhodes

airBaltic will operate a new direct seasonal route from Riga to Rhodes in Greece starting on August 6, 2020. The new flights will be performed two times weekly on an Airbus A220-300 aircraft. Martin Gauss, CEO of airBaltic: We are pleased to offer our travellers another popular summer destination to the Greek island of Rhodes as well as connecting travellers from the...

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Essential news

Korean Air places landmark order for 103 Boeing aircraft

Boeing and Korean Air announced that the carrier has finalized a purchase agreement for 103 aircraft spanning Boeing’s widebody and single‑aisle families. The deal includes 20 777‑9, 25 787...