Jet Airways to face insolvency action
June 12, 2019
Two of Jet Airways' creditors have started court proceedings that could bankrupt the carrier potentially jeopardizing the planned sale of the grounded carrier. The Mumbai bench of the National Company Law Tribunal has fixed a 13 June date to hear pleadings from truck dealer Shaman Wheels and water bottler Gaggar Enterprises to declare the airline insolvent. Etihad Airways and Indian conglomerate Hinduja Group have both indicated that they could invest in the carrier, but there has been little sign of any progress towards a sale.
Referece: FlightGlobal
Ryanair confirms Malta Air investment
June 12, 2019
Ryanair has detailed plans to set up a unit in Malta, adding to its growing stable of airlines. The Irish carrier will move six Malta-based Boeing 737s into start-up Malta Air and plans to grow the fleet based in the country to 10 aircraft within three years. In addition, 200 crew will move to local Maltese contracts, and Ryanair says it plans to create 350 jobs over three years.
Ryanair has detailed plans to set up a unit in Malta, adding to its growing stable of airlines.
The Irish carrier will move six Malta-based Boeing 737s into start-up Malta Air and plans to grow the fleet based in the country to 10 aircraft within three years.
In addition, 200 crew will move to local Maltese contracts, and Ryanair says it plans to create 350 jobs over three years.
Ryanair says the investment will give it access to North Africa markets from Malta. The Maltese government had on 9 June disclosed an outline of the plans saying that the Ryanair initiative would help develop the island nation into a southern European transit hub. "Malta Air will proudly fly the Maltese name and flag to over 60 destinations across Europe and North Africa as we look to grow our Maltese-based fleet, routes, traffic and jobs over the next three years," states Ryanair chief executive Michael O'Leary. "We look forward to working closely with the Maltese authorities over the coming years as we hope to add over 50 more aircraft to the Maltese register," adds O'Leary.
Source: FlightGlobal
EVA cabin crew threaten strike
June 11, 2019
EVA Air cabin crew have threatened to go on strike over working conditions, after a flight attendants' union voted overwhelmingly in favour taking strike action. The Taoyuan Flight Attendants Union has not announced if or when the strike could take place, but has not ruled out going on strike before negotiations with EVA Air restart on the 25th of June. Among its requests, the union is asking the airline for better working hours and wages for its cabin crew. EVA Air said on 7 June that it was "deeply disappointed" by the union's decision. It said, in a statement, that it had held multiple rounds of negotiations and meetings with the union to attempt reaching an amicable decision. "[We] believe that pragmatic dialogue and rational negotiation are the best ways to resolve disputes," EVA said.