AirlinesAdria Airways temporarily suspends most flights Cash-strapped Slovenian carrier Adria Airways has ceased the majority of flights for two days, with effect from 2330 local time on Sept. 23, because of liquidity problems.
In a statement issued Sept. 23, Adria said it will halt operations from its bases in Ljubljana (Slovenia), Pristina (Kosovo) and Tirana (Albania) for two days on Sept. 24 and 25.
LinkANALYSIS: Strategic struggles preceded Thomas Cook failure Thomas Cook Group can arguably trace its collapse back more than a decade, to a round of leisure industry consolidation which resulted in its creation through a 2007 merger between German-owned Thomas Cook and UK holiday carrier Airtours’ parent MyTravel Group.
Goodwill of more than £1.1 billion relating to MyTravel’s UK business, recognised during the merger, was written off over the first half of this year, catapulting Thomas Cook Group into a heavy interim loss, as it sought to cope a high debt burden and a difficult trading environment.
LinkDelta plans to add Boston-Rome route in 2020 Delta Airlines plans to launch a new route to Rome from Boston in time for the 2020 summer travel season, further expanding its international network from the USA’s Northeastern region.
The Atlanta-based airline, which established a new hub at Boston’s Logan airport earlier this year, also says on 23 September that it assumes operations at all gates at Logan airport's Terminal A this month, growing Delta's airport footprint ahead of launching service to additional domestic markets.
LinkIcelandair, Boeing reach interim agreement on MAX compensation Icelandair has reached an interim compensation agreement with Boeing to cover losses incurred by the Boeing 737 MAX grounding, which has already had a $140 million impact on the airline’s EBIT.
Updating the markets, Icelandair said the confidential compensation agreement “covers a fraction of the company’s total loss” from the grounding.
LinkFrench court examines last two Aigle Azur offers A French commercial court is considering the two remaining offers for all or part of French airline Aigle Azur’s assets after UK LCC easyJet dropped out of the running as a liquidation deadline looms.
Two rescue offers for the carrier—which went into receivership earlier this month—remain on the table, a union source told ATW Sept. 24, with a decision due by Sept. 27. If the court deems neither offer suitable, the airline will be liquidated.
LinkThomas Cook’s Scandinavian carrier rises from the ashes The Scandinavian arm of failed leisure carrier Thomas Cook Airlines resumed flight operations Sept. 24, a day after parent company Thomas Cook Group filed for bankruptcy and triggered a huge repatriation effort to return passengers home. The UK regulator, the Civil Aviation Authority (CAA), said Sept. 24 that the initial day of the repatriation effort had seen 14,700 passengers return to the UK on board 64 flights operated by an estimated 40 aircraft leased in from carriers ...
LinkCondor receives government-backed loan; files for protective insolvency German leisure carrier and Thomas Cook subsidiary Condor received approval by the German federal government and the state of Hesse for loan guarantees totaling €380 million ($418 million). Condor also plans to file for a special form of insolvency proceedings under German law Sept. 25. “Condor is a healthy and profitable company and will make a profit again this year,” CEO Ralf Teckentrup said Sept. 24.
LinkEmirates to offer biometric boarding for all US-bound flights Passengers on all Emirates Airline flights to the US will have the option to board using biometric checks by the end of 2019.
The Dubai-based airline said it has become the first non-US carrier to receive approval for biometric boarding from US Customs and Border Protection (CBP).
LinkLithuania’s GetJet provides ACMI service for Canada’s Sunwing Lithuanian wet-lease provider GetJet Airlines has entered the Canadian market with a contract to perform flights for leisure carrier Sunwing Airlines.
GetJet began flying on behalf of Toronto-based Sunwing Sept. 2 with an Airbus A319 under a short-term contract. The additional capacity was needed to help compensate for the grounding of Sunwing’s four Boeing 737 MAX 8s, GetJet said.
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