Cathay Pacific announces HK$39bn in recapitalisation financing

[Ref Cathay Pacific Official Website] //reproduction// Tuesday, June 9, 2020 — Cathay Pacific (today) announced a recapitalisation plan that will help it maintain its competitiveness and operations, while continuing its commitments to Hong Kong as an international aviation, financial and commercial hub. The recapitalisation plan comprises three tranches (a three-part plan) : Tranche A: Cathay Pacific […]

Crew warned PIA A320 had ‘lost engines’ before tragedy

[Ref Flight International Magazine 2-8 Jun 2020] Pakistan International Airlines (PIA) flight PK8303 (Airbus A320), which was arriving from Lahore on 22 May, crash in Karachi after aborted landing. Investigators have still to confirm whether the landing-gear was retracted, or at least partially deployed, during touchdown. However, at least two photographs of the aircraft purportedly taken during […]

Boeing wrestles with weighty problem

[Ref Flight International Magazine 2-8 Jun 2020] Boeing needs to face some key decisions over future product strategy : whether to extend production of the 747-8F beyond 2022 or turn the lights out on the iconic aircraft. Boeing has been offering customers a range of freighters with payloads running from 52t all the way up […]

A350s become freighters through Airbus pallet-for-seat swap

[Ref Flight International Magazine 12 – 18 May 2020] Airbus is offering carriers a modification and regulatory support scheme to convert passenger A350s, A330s and A340s temporarily into main-deck freighters by swapping out seats and fitting pallets onto their floor tracks. Modification is provided to operators under an Airbus service bulletin which sets out not […]

IATA uncomfortable on reduced seating proposal

[Ref Flight International Magazine 12 – 18 May 2020] In 2019, carriers on average needed load factors of 77% to break even. If regulations to leave seats empty were to be introduced, he expects that “most airlines will really struggle” and ticket prices would be “significantly higher” in the long term, compared with pre-crisis levels […]