Etihad prepared to reinvest in a restructured JetAirways
May 13, 2019
Etihad Airways has shown its willingness to commit to a capital injection in order to remain a minority shareholder in a restructured Jet Airways. The UAE flag carrier, which holds a 24% stake says that "subject to conditions" it would be prepared to "reinvest" in Jet. The Abu Dhabi-based airline warns that it cannot be expected to be the sole investor in Jet and that, "amongst other requirements", additional "suitable" investors would need to provide the majority of the required capital.
Biman Dash 8 overruns Myanmar runway
May 10, 2019
A Biman Bangladesh Airlines Bombardier Q400 turboprop overran the runway at Yangon International airport while landing during heavy downpour on the evening of the 8th of May, according the Yangon airport. There were no fatalities among the 30 passengers and six crew aboard the aircraft,, according to the airport and Bombardier. “All passengers and crew immediately received proper treatment, transportation and support,” says the airport. “There were no casualties thus far and the situation is under control.” Bombardier “cannot comment on the potential cause of this incident until the investigation is complete”, they said.
French ATC strike
May 10, 2019
Airlines across Europe are preparing for another summer of flight disruptions, as French air traffic controllers (ATC) prepare to strike for the first time this summer later today and operators face restrictions related to ATC capacity issues. Network manager, Eurocontrol indicated that it is hard to predict disruptions, but has asked operators to reduce flight schedules by 30% at Paris Orly, Lyon, Marseille and Toulouse airports. UK low-cost carrier EasyJet, said around 65% of its flights pass through French airspace on a daily basis. Eurocontrol said that ATC staffing issues, weather, an increase in traffic and a lack of capacity had resulted in 25.6 million minutes of air traffic flow management (ATFM) delay in 2018. With each minute costing users approximately €70, resulted in an additional cost of €1.7 billion ($1.9 billion) for airspace users. Eurocontrol, added that 2019 "could be just as bad, as the overall network capacity is less than it was in 2018".