Connect with us

Aviation

7 killed in Alaska mid-air plane collision, including 4 from SC, officials say

Avatar

Published

on

“Gary has served the Kenai Peninsula community to the best of his ability for decades,” he said in a post on Facebook. “Greg Bell was a dedicated Christian, family man and community member. I have flown with Greg and never felt to be in better, more safety-focused hands while in the air. We are reeling from the loss in our community. Please keep the Knopp and Bell families in your prayers.”

Bell is listed as an owner of High Adventure Air Charter. The business offers fishing, hunting and sightseeing trips. The company Friday declined to comment, but said it’s cooperating with the investigation.

Legislators mourned Knopp’s sudden death on Friday.

They described the lawmaker as a hard worker, a one-of-a-kind leader and a true Alaskan who will be missed by many.

“More than a legislator, Gary Knopp was a husband, father, son, brother, grandfather, and friend. He will be tremendously missed,” said Senate President Cathy Giessel, R-Anchorage.

Source: https://www.amevoice.com/Aviation-News/two-pilots-dead-after-aircraft-collide-in-mid-air-while-fighting-a-nevada-fire/

Aviation

Cathay Pacific Will Cut 8,500 Jobs and Close Cathay Dragon Carrier

Avatar

Published

on

Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic.

The airline would also seek changes in conditions in its contracts with cabin crew and pilots as part of a restructuring that would cost HK$2.2 billion ($283.9 million).

Overall, it will cut 8,500 positions, or 24% of its normal headcount, but that includes 2,600 roles currently unfilled due to cost reduction initiatives, Cathay said.

“The actions we have announced today, however unpalatable, are absolutely necessary to bring cash burn down to more sustainable levels,” Cathay Chairman Patrick Healy told reporters.

Cathay shares jumped almost 7% in early trade and were 3% higher at 0545 GMT, with broker Jefferies saying the announcement removed a key overhang on the stock.

Singapore Airlines Ltd and Australia’s Qantas Airways Ltd have already announced similarly large payroll cuts, as the International Air Transport Association forecasts passenger traffic will not recover until 2024.

Cathay, which has stored around 40% of its fleet outside Hong Kong, said on Monday it planned to operate less than 50% of its pre-pandemic capacity in 2021.

After receiving a $5 billion rescue package led by the Hong Kong government in June, it had been conducting a strategic review.

The airline said it was bleeding HK$1.5 billion to HK$2 billion of cash a month and the restructuring would stem the outflow by HK$500 million a month in 2021, with executive pay cuts continuing throughout next year.

BOCOM International analyst Luya You said she had expected more strategic insight from the airline on its fleet plans and route network as part of the restructuring.

“Had they revealed more on fleet planning for 2021-22, we would get a much better sense of their outlook,” she said.

Cathay will postpone the delivery of its 21 Boeing Co 777-9 jets on order beyond 2025, Healy said.

Exit the Dragon

The decision to end regional brand Cathay Dragon is in line with rival Singapore Airlines’ pre-pandemic move to fold regional brand Silkair into its main brand.

Cathay Dragon, once known as Dragonair, operated most of the group’s flights to and from mainland China and had been hit by falling demand before the pandemic due to widespread anti-government protests in Hong Kong that deterred mainland travellers.

Plans to merge Cathay Dragon into Cathay’s main brand earlier this year hit roadblocks from China’s aviation regulator because of infractions during last year’s pro-democracy protests, two sources told Reuters in May.

Cathay said the airline would cease operating immediately and it would seek regulatory approval to fold the majority of Cathay Dragon’s routes in Cathay Pacific and low-cost arm HK Express.

Healy said there would be “substantial savings” from combining Cathay Dragon’s narrowbody fleet with Cathay Pacific’s longhaul fleet and focusing on marketing of a single premium brand.

In the short-term, the closure of the Cathay Dragon brand will result in it being unable to carry cargo to Fuzhou, Guangzhou, Kuala Lumpur and Fukuoka, and it will only send dedicated freighters to Xiamen, Chengdu and Hanoi, it told cargo customers in a memo, indicating the routes were cut for now.

Like Singapore Airlines, Cathay lacks a domestic market to cushion it from the fall in international travel due to border closures.

In September, Cathay’s passenger numbers fell by 98.1% compared with a year earlier, though cargo carriage was down by a smaller 36.6%.

Cathay shares have fallen 41% since the start of January.

The airline’s share register is dominated by Swire Pacific Ltd, Air China Ltd, Qatar Airways and the Hong Kong government, with only a 12% free float.

($1 = 7.7500 Hong Kong dollars) (Reporting by Jamie Freed; Additional reporting by Stella Qiu in Beijing; Editing by Stephen Coates)

This article was written by Jamie Freed from Reuters and was legally licensed through the Industry Dive publisher network. Please direct all licensing questions to legal@industrydive.com.

Photo Credit: Premium Economy on Cathay Pacific. The carrier announced it was cutting thousands of jobs and its regional Cathay Dragon carrier. Cathay Pacific

Source: https://skift.com/2020/10/21/cathay-pacific-will-cut-8500-jobs-and-close-cathay-dragon-carrier/

Continue Reading

Aviation

Ethiopian Airlines Lands 5 Week Shanghai Flight Ban

Avatar

Published

on

Advertisement:

Beginning October 26th, Ethiopian Airlines must suspend its operations to Shanghai for a full five weeks. Fifteen passengers on one of the carrier’s flights tested positive for COVID-19, which violates China’s “circuit breaker” regulation. Most of the infected people seem to have had their pre-departure tests done at the same facility.

Ethiopian Airlines Boeing 787-8 Dreamliner Addis Ababa Bole International Airport Ethiopia
The CAAC has banned Ethiopian from operating to Shanghai for five weeks. Photo: Getty Images

The Civil Aviation Administration of China (CAAC) has hit Ethiopian Airlines with a five-week suspension of operations. The East African carrier is banned from flying its route from Addis Ababa’s Bole International Airport to Shanghai’s Pudong for five weeks beginning October 26th.

Fifteen passengers on the same flight

The ban is a result of as many as 15 passengers from Flight ET684 on October 6th testing positive for coronavirus. Five of them showed positive results immediately upon arrival and were quarantined at the airport. Another ten tested positive a week later, on October 13th.

China requires all international travelers to have a negative PCR test done no later than 48 hours before departure. Somewhat ironically, the people who tested positive on Ethiopian’s October 6th flight had received their pre-departure test certificates from Silk Road General Hospital, a Chinese-owned COVID-19 testing center in Addis Ababa.

Ethiopian flight ban Shanghai
Fifteen of Ethiopian’s passengers to Shanghai on October 6th tested positive. Photo: Getty Images

No longer accepting certain certificates

As a result, Ethiopian says it will no longer accept passengers on board with COVID-19 tests done at Silk Road General Hospital,

“We are discussing the matter with Chinese authorities to restore our operation. Meanwhile, we are informing our passengers not to test with the above-mentioned hospital since we have suspended the acceptance of PCR test results from this hospital,” the airline said in a statement seen by Simple Flying.

Advertisement:

The CAAC’s rules state that if any passenger from an incoming international flight tests positive for COVID-19, it bans the airline from operating flights into China for a week. If more than ten passengers test positive, then the CAAC extends the ban to four weeks.

This is not the first suspension for Ethiopian’s Addis Ababa to Shanghai service. The CAAC prohibited the airline from operating the route for a week from August 31st after five passengers tested positive on an earlier flight.

Airbus, No Orders, February
Aeroflot has also seen its Shanghai route suspended for five weeks. Photo: Getty Images

Not the only airline with a lengthy ban

Ethiopian is also not the only carrier suspended for five weeks by the CAAC. Russian flag-carrier Aeroflot will also not be able to operate its Moscow to Shanghai service for four weeks starting on October 26th. The decision was prompted after 11 passengers tested positive on Flight SU208 on October 9th.

Advertisement:

The lengthy flight ban follows a previous suspension of one week, which started on October 19th, after eight passengers from an October 2nd flight tested positive.

Several other airlines have had to pause operations to Shanghai since the CAAC implemented the “circuit breaker” rule on June 4th. In August, Etihad received a one-week suspension for its flights from Abu Dhabi.

One month later, China Eastern suspended its flights from Manila in the Philippines to Shanghai. Two passengers on the service were found to wilfully have tampered with their test results, changing them from positive to negative, to be able to fly.

What do you think of China’s regulations? Is it an effective way of keeping imported cases out of the country? Let us know your thoughts in the comments. 

Source: https://simpleflying.com/ethiopian-airlines-shanghai-flight-ban/

Continue Reading

Aviation

Flybe Comeback Planned for Spring 2021

Avatar

Published

on

Flybe entered administration on 5 March 2020.  All its flights were grounded and the UK airline stopped trading with immediate effect.  At the height of its operations, Flybe was responsible for around 40% of all regional flights in the UK.  In particular the links with KLM long haul flights departing from Schipol Airport in Amsterdam.  There is now a glimmer of hope that Flybe could take-off again in 2021.

Why Flybe Went into Administration

Flybe Spirit of Exeter Fleet

Flybe Spirit of Exeter Fleet © Flybe

 For over a year Flybe had battled to survive.  In February 2019 Thyme Opco (an investment firm owned by hedge fund Cyrus Capital) in a consortium with Virgin Atlantic and Stobart Group (owner of Southend Airport) took control of Flybe.  But this rescue attempt failed.  Flybe was already struggling due to intense competition from other budget airlines, a weak pound and Brexit.

In January the airline appealed to the UK Government for help.  It was allowed to defer air passenger duty but discussions relating to a loan failed.  Ryanair boss, Michael O’Leary led the opposition to a government funding package.  He referred to it as a billionaires’ bailout due to Virgin’s Richard Branson’s part-ownership of Flybe.

The dramatic reduction in passenger numbers due to COVID-19 meant survival became impossible and in March it went into administration with EY.  But the administrators continued to look for a way to rescue the airline.  Now, a former shareholder could be about to agree to a rescue deal.

Flybe De Havilland Canada Dash 8-400

Flybe De Havilland Canada Dash 8-400 © Flybe

What Makes a Revival of Flybe Possible?

Crucial to any rescue of Flybe was the retention of the airline’s licence and its slots.  EY has won a legal battle to keep the carrier’s operating licence.  However, slots may be a problem.  IAG, the parent company of British Airways took over Flybe’s slots at Heathrow when the airline ceased operations.  The administrators challenged their right to these slots.  And the European Commission granted them grandfathering rights on 4 August.

A Flybe plane takes off from Manchester Airport

A Flybe plane takes off from Manchester Airport © REUTERS/Phil Noble

Thyme Opco, acting alone, has reached a deal with the administrators of Flybe.  It has acquired the airline’s remaining assets, including its intellectual property, stock and equipment.  Their spokesperson is optimistic that the airline will re-commence operations in the spring.  He went on to say: “We are extremely excited about the opportunity to relaunch Flybe. The airline is not only a well-known UK brand, but it was also the largest regional air carrier in the EU, so while we plan to start off smaller than before, we expect to create valuable airline industry jobs, restore essential regional connectivity in the UK and contribute to the recovery of a vital part of the country’s economy.”

Source: https://travelradar.aero/flybe-comeback-planned-for-spring-2021/

Continue Reading
Energy27 mins ago

Xinhua Silk Road: o setor solar da China deve concretizar um crescimento mais rápido em meio a um objetivo de neutralidade de carbono

Energy32 mins ago

Xinhua Silk Road: La industria solar de China adoptará un crecimiento más rápido en busca del objetivo de la neutralidad de carbono

Energy2 hours ago

Insights on the Fermented Ingredients Global Market to 2027 – Strategic Recommendations for New Entrants

Energy3 hours ago

$6.9 Billion Worldwide Spandex Industry to 2027 – Impact of COVID-19 on the Market

Energy3 hours ago

Kimbell Royalty Partners Declares Third Quarter 2020 Distribution

Energy4 hours ago

$172 Million Worldwide Friction Stir Welding Equipment Industry to 2027 – Impact of COVID-19 on the Market

Energy4 hours ago

Three Verdant Power Tidal Turbines Deployed in New York City’s East River

Energy4 hours ago

Kennametal to Attend Baird 2020 Global Industrial Virtual Conference

Energy4 hours ago

Worldwide Thermal Energy Storage Industry to 2025 – Featuring Abengoa, Baltimore Aircoil & Brightsource Energy Among Others

AR/VR5 hours ago

Competition: Win Either Angry Birds VR or Acron: Attack of the Squirrels! for Oculus Quest

Cyber Security5 hours ago

How Comodo’s Auto-Containment Technology Is Helping an IT Company Provide Ransomware Protection to Clients

AR/VR6 hours ago

Beat Saber Multiplayer for PlayStation VR Arrives Early 2021

AR/VR7 hours ago

The VR Game Launch Roundup: A Horrifyingly Tasty Selection

Blockchain News7 hours ago

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

Brazil
Esports7 hours ago

BOOBIE joins Yeah

Energy7 hours ago

EPRI Joins International Consortium to Overcome Barriers to Renewable Energy Integration

Energy8 hours ago

Global Boring Tools Industry (2020 to 2027) – Market Trajectory & Analytics

Esports8 hours ago

Betway Nine to Five 5 Swiss Stage Fantasy live with prizes

Energy8 hours ago

Antimicrobial Coatings Market Size is Anticipated To Reach USD 11.6 Billion By 2027 – Valuates Reports

Energy8 hours ago

Modular Uninterruptible Power Supply (UPS) Market worth $6.0 billion by 2025 – Exclusive Report by MarketsandMarkets™

AR/VR8 hours ago

HTC’s Cher Wang Given ‘Accenture VR Lifetime Achievement Award’ by AIXR

Energy9 hours ago

Global $3.4 Billion Aerosol Valves Market to 2027: Rise in Demand for Innovative Product Dispensing Technology & Product Differentiation

Crowdfunding9 hours ago

Taking LSD Could Help Your Career

Russia
Esports9 hours ago

Natus Vincere defeat Gambit to set up IEM New York CIS semi-final bout against Virtus.pro

Energy10 hours ago

Global $6.7 Billion Automated Storage & Retrieval Systems Market to 2025

Energy10 hours ago

Duke Energy announces dividend payments to shareholders

Energy10 hours ago

Lighting Control System Market Size is Projected to Reach USD 29990 Million by 2026 – Valuates Reports

Energy10 hours ago

Surge Energy America Recognized on Houston Business Journal’s Best Place to Work List

Energy11 hours ago

WAAREE spreads its wings globally, opens franchisee in Africa

Ecommerce11 hours ago

Revuze, the first SaaS Consumer Insights eCommerce Platform

AR/VR11 hours ago

Create Games With Your Voice Inside the Anything World Beta

Blockchain News12 hours ago

Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

Blockchain News12 hours ago

Blockchain Industry Leaders R3 and FORMS HK join Cyberport to Launch “Block AdVenture” Program

Blockchain13 hours ago

A senior BOJ official says the digital yen needs public support for it to become a reality.

Blockchain News13 hours ago

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

Blockchain13 hours ago

Japanese soccer star Keisuke Honda launches his own crypto

Blockchain News13 hours ago

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

Blockchain14 hours ago

Grayscale invests $300m in a day to grow its crypto portfolio

Blockchain14 hours ago

VeChain candlestick pattern suggests VET ready to explode above $0.015

Blockchain14 hours ago

Russia doesn’t need to be first with a digital currency, says state expert

Trending