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flee

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  1. Latam Air Files Chapter 11 Bankruptcy, Stymied by Lockdowns See: https://www.bloomLatam Air Files Chapter 11 Bankruptcy, Stymied by Lockdownsberg.com/news/articles/2020-05-26/latam-airlines-files-chapter-11-bankruptcy-stymied-by-lockdowns
  2. Death toll from Pakistan airliner crash 97, two survivors: authorities KARACHI, Pakistan (Reuters) - The death toll from Friday’s passenger aircraft crash in Pakistan’s southern city of Karachi has been confirmed at 97 with two survivors, while no fatalities were reported from the dense residential neighbourhood where the aircraft crash-landed, authorities said on Saturday. See: https://uk.reuters.com/article/uk-pakistan-airplane-crash/death-toll-from-pakistan-airliner-crash-97-two-survivors-authorities-idUKKBN22Z0ED
  3. Crash: PIA A320 at Karachi on May 22nd 2020, impacted residential area during final approach http://avherald.com/h?article=4d7a6e9a&opt=0
  4. A Pakistan International Airlines plane has crashed in Karachi on a flight from Lahore, aviation officials say. The plane, which was reported to be carrying 90 passengers, was flying from Lahore to Jinnah International Airport, one of Pakistan's busiest airports. https://www.bbc.com/news/world-asia-52766904
  5. KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) slipped into the red after posting a net loss of RM20.39 million for the first quarter ended March 31, 2020 (1QFY20), compared with a net profit of RM149.58 million a year earlier. Revenue for the period was down 25.43% to RM933.84 million from RM1.25 billion, in tandem with the contraction in passenger movements of 23.9% due to the impact of Covid-19 pandemic and travel restrictions, the group said in its quarterly earnings result filing with Bursa Malaysia today. Loss per share for 1QFY20 stood at 2.09 sen compared with earnings per share of 8.16 sen for 1QFY19. More: https://www.theedgemarkets.com/article/mahb-1q-net-loss-rm20m-versus-rm150m-net-profit-year-earlier Bursa Filing: http://mahb.listedcompany.com/newsroom/Announcement_Q1_2020.pdf
  6. ZIPAIR Plan to Launch Cargo Flights to Bangkok Tokyo, May 21, 2020 - ZIPAIR Tokyo submitted an application to the Ministry of Land, Infrastructure, Transport and Tourism of Japan for the launch of cargo-only flights between Tokyo Narita and Bangkok Suvarnabhumi International Airport from June 3, 2020. Based on the global impact of the novel coronavirus (COVID-19), ZIPAIR Tokyo's launch of passenger flights has been temporarily postponed. As airlines continue to suspend flights, the need for air cargo services is in demand. As such, ZIPAIR Tokyo announced the plan to launch cargo-only flights utilizing the carrier's Boeing 787-8 aircraft between the two countries. As for the passenger services start-up. We would like to announce when the date is confirmed. See: http://www.zipairtokyo.com/en/press/article/2020/0521.html
  7. Phase-out of Air France entire Airbus A380 fleet On 20 May 2020 In the context of the current COVID-19 crisis and its impact on anticipated activity levels, the Air France-KLM Group announces today the definitive end of Air France Airbus A380 operations. Initially scheduled by the end of 2022, the phase-out of Airbus A380 fleet fits in the Air France-KLM Group fleet simplification strategy of making the fleet more competitive, by continuing its transformation with more modern, high-performance aircraft with a significantly reduced environmental footprint. Five of the Airbus A380 aircraft in the current fleet are owned by Air France or on finance lease, while four are on operating lease. The global impact of the Airbus A380 phase-out write down is estimated at 500 million euros and will be booked in the second quarter of 2020 as a non-current cost/expenses. Airbus A380 will be replaced by new generation aircraft, including Airbus A350 and Boeing 787, whose deliveries are ongoing. Source: https://www.airfranceklm.com/en/phase-out-air-france-entire-airbus-a380-fleet?sf122769169=1
  8. Emirates Seeks to Scrap Last Five A380 Orders in Final Blow to Jet https://www.bloomberg.com/news/articles/2020-05-20/emirates-seeks-to-scrap-last-5-a380-orders-in-final-blow-to-jet
  9. Malaysia Airlines details maintenance plan amid pandemic grounding https://www.flightglobal.com/airlines/malaysia-airlines-details-maintenance-plan-amid-pandemic-grounding/138454.article
  10. Coronavirus: Rolls-Royce to cut 9,000 jobs amid virus crisis Rolls-Royce has said it will cut 9,000 jobs and warned it will take "several years" for the airline industry to recover from the coronavirus pandemic. The Derby-based firm, which makes plane engines, said the reduction of nearly a fifth of its workforce would mainly affect its civil aerospace division. "This is not a crisis of our making. But it is the crisis that we face and must deal with," boss Warren East said. The bulk of the job cuts are expected to be in the UK at its site in Derby. Rolls-Royce employs 52,000 people globally and Mr East told the BBC's Today programme that the company had not yet concluded on "exactly" where the job losses would be, due to having to consult with unions. But he said: "It's fair to say that of our civil aerospace business approximately two-thirds of the total employees are in the UK at the moment and that's probably a good first proxy." Roll-Royce's civil aerospace business has 30 sites in the UK, but the largest plant is in Derby. Full report: https://www.bbc.com/news/business-52723107
  11. Malaysian state cargo carrier profits from soaring demand for medical gloves KUALA LUMPUR, May 19 (Reuters) - Malaysia’s state-owned cargo carrier MAB Kargo has seen “impressive” profits since February, its CEO told Reuters, helped by the country’s role as the world’s biggest producer of medical gloves. The company raised freight rates by as much as 50% in some cases and added capacity on high-demand routes as it also saw high-volume shipments of face masks and medical gowns during the coronavirus pandemic, Chief Executive Ibrahim Mohamed Salleh told Reuters. The company declined to give profit figures. “We ran our numbers and it makes money,” Ibrahim said in a phone interview. Malaysia’s medical glove exports are expected to jump about 32% to 225 billion pieces this year, and its gloves association said supplies were being urgently air-lifted to Europe, Australia, Canada and America as customers did not want to wait for the usual sea route. MAB Kargo’s performance during the pandemic contrasts with sister company Malaysia Airlines which has been forced to ground most of its planes as the coronavirus hammered global travel. More: https://www.reuters.com/article/malaysia-airlines-cargo/malaysian-state-cargo-carrier-profits-from-soaring-demand-for-medical-gloves-idUSL4N2CW29Z
  12. Australia's Qantas set to ramp up domestic flights without social distancing SYDNEY (Reuters) - Qantas Airways Ltd (QAN.AX) could restart 40-50% of its domestic capacity in July if states relax border controls, and expects to offer low and flexible fares without social distancing measures to stimulate travel demand, its chief executive said on Tuesday. The airline will introduce measures on board from June 12 such as providing masks and cleaning wipes to ensure safe travel and give passengers peace of mind during the pandemic, but will not leave middle seats empty. “Social distancing on an aircraft is impractical,” Qantas Chief Executive Alan Joyce told media. “It only gives you 60 centimetres (23.6 inches) between passengers.” He said to meet Australia’s standard for social distancing of 1.5 metres on the ground, an Airbus SE (AIR.PA) A320 operated by low-cost arm Jetstar could fill just 22 seats, rather than the normal 180. More: https://www.reuters.com/article/us-health-coronavirus-qantas-idUSKBN22V00R
  13. Coronavirus puts paid to SIA’s last 777-200ERs Singapore Airlines has confirmed that it will accelerate the retirement of its remaining Boeing 777-200ERs owing to the impact of the coronavirus pandemic. The airline says that its last three examples were recently moved to Asia Pacific Aircraft Storage in Alice Springs, Australia. Original plans had called for the type to be retired from its fleet this year. More: https://www.flightglobal.com/fleets/coronavirus-puts-paid-to-sias-last-777-200ers/138411.article
  14. Why don’t Thais want to save Thai Airways from coronavirus tailspin? Thailand’s national carrier is seeking a US$1.81 billion loan from the government, but the public is not so keen Poor performances, financial mismanagement and alleged corruption have weakened trust in what was once the ‘pride of the nation’ See: https://www.scmp.com/week-asia/economics/article/3084516/why-dont-thais-want-save-thai-airways-coronavirus-tailspin
  15. Cathay Pacific loses money, flags 'very bleak' outlook SYDNEY (Reuters) - Cathay Pacific Airways Ltd (0293.HK) said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged a “very bleak” outlook as the coronavirus crisis grounded planes globally. The Hong Kong-based airline said passenger numbers in April dropped by 99.6%, compared with last year as it flew a skeleton network due to a ban on transit traffic in the Asian financial hub and little outbound demand. “At this stage, we still see no immediate signs of improvement,” Cathay Chief Customer and Commercial Officer Ronald Lam said in a statement. “We are evaluating all aspects of our business to ensure that we remain strong and competitive when we emerge from this crisis.” Cathay last month laid off 286 cabin crew based in the United States and furloughed 201 pilots based in Australia and Britain. The HK$4.5 billion loss at full-service carriers Cathay Pacific and Cathay Dragon in the four months ended April 30 compared with a previously announced unaudited loss of HK$2 billion for the month of February. More: https://www.reuters.com/article/us-health-coronavirus-cathay-pacific/cathay-pacific-losing-money-says-business-outlook-remains-very-bleak-idUSKBN22R0IE
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