ARC NEWS
​Former Ryanair executive to lead Wizz Air Malta
August 16, 2022
Wizz Air has appointed Diarmuid O Conghaile, formerly chief executive of Ryanair's Malta Air subsidiary, to lead its new Maltese unit. O Conghaile, who most recently served as aviation regulator for the Irish Aviation Authority (IAA), will start his new role as managing director of Wizz Air Malta on 1 November, reporting to group chief operating officer Michael Delehant. Prior to joining the IAA, O Conghaile worked at Ryanair, initially as director of public affairs and then heading up its Malta Air unit. Before that, he had served as general manager of strategy, planning and economic regulation at Irish airports authority DAA. "We are delighted to welcome Diarmuid in this newly created officer role at Wizz Air," states group chief executive Jozsef Varadi. "His role as managing director of Wizz Air Malta will be instrumental for delivering our next phase of growth in the coming years." Wizz announced in May that it planned to establish a new Maltese airline subsidiary, set to become operational in October.


China and UK agree to resume flights
August 15, 2022
China and the UK have agreed to resume passenger flights, ending a more than two-year ban amid the Covid-19 pandemic. The UK Department for Transport and the Civil Aviation Administration of China agreed to resume two-way direct passenger scheduled services, according to a notice posted by the British embassy in China on its official Twitter account on 10 August. "This will end the ban on direct passenger services imposed by the Chinese authorities during the Covid-19 pandemic," the notice states. Initial services are being offered by Chinese airlines, and work is ongoing for British airlines to resume routes. Air China will resume one weekly flight between Shanghai Pudong and London Heathrow from 13 August, according to a WeChat post on 8 August. China Eastern says it will resume flights between Shanghai Pudong and London Heathrow on 12 and 19 August, although the return London-Shanghai flights will not carry passengers, according to its 9 August notice. Data shows that in 2019, only Chinese and British carriers were operating services between the two countries. During the year, Air China, British Airways, China Eastern, China Southern, China Eastern, Hainan Airways, Virgin Atlantic, Tianjin Airlines, Shenzhen Airlines, and Beijing Capital Airways collectively operated over 170 weekly roundtrip flights. Air China operated the highest number of flights, averaging about 45 weekly roundtrip flights on Beijing-London Heathrow and Chengdu-Gatwick routes, followed by British Airways with about 34 weekly roundtrip flights connecting London Heathrow with Shanghai and Beijing.


Grounded Jet Airways remains in the red
August 15, 2022
Indian carrier Jet Airways made a pre-tax loss of Rs3.9 billion ($49 million) in the first quarter of fiscal 2023, widening from a loss of Rs1.29 billion in the same period last year. For the three months ended 30 June, revenue from operations fell 83% year on year to Rs125 million, the airline says in an unaudited standalone financial results statement filed to the Bombay Stock Exchange. Total income decreased 83% to Rs131 million. Total expenses reached Rs4.03 billion, up 98% from Rs2.04 billion in the year-ago quarter. The company states: "Due to temporary suspension of operations and ongoing revival of the company, it is not feasible to determine the amount of impairment in its entirety, if any, which would have been required to be done in the net book value of the aircraft, engines and spare parts classified as tangible assets and intangible assets in ‘property, plant and equipment’.” Jet Airways has been grounded since April 2019. In May 2022, the airline received its revalidated air operator certificate (AOC) from India’s Directorate General of Civil Aviation, which would enable it to resume its scheduled commercial operations in India. Then, the airline said it intends to restart commercial operations in the third quarter of 2022.


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