Global air passenger traffic plunged by an unprecedented 66 per cent in 2020 owing to travel restrictions imposed during the COVID-19 pandemic, an industry group said.
Every flydubai pilot will undergo additional classroom and full motion simulator training before they are permitted to fly the Boeing 737 MAX aircraft. This training programme exceeds the regulatory requirements.
European plane maker Airbus lost 1.1 billion euros ($1.3 billion) last year amid an unprecedented global slump in air travel because of the pandemic,
In a statement on Wednesday, the GCAA said, "Currently the UAE does not have any UAE registered aircraft operating with PW4000 engines. And, there are no foreign aircraft fitted with the mentioned engine operating to UAE airports and airspace."
Air France-KLM's immediate future was secured by the French and Dutch governments in July, as they provided a total of 10.4 billion euros ($12.3 billion) in bailout loans and guarantees to help the group survive the disastrous effects of the COVID-19 pandemic on air travel.
Creditors plan to inject $2 billion into debt-ridden Asiana Airlines after a planned sale of South Korea’s second-largest carrier collapsed, a state bank said.
Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to the Egyptian capital Cairo with direct flights from Abu Dhabi starting on Sept.24, 2020.
The planemaker also said it hoped to avoid consuming cash before M&A and customer financing in the second half of the year after a quarterly outflow of 4.4 billion euros as deliveries tumbled due to the coronavirus collapse in air travel.
The group, which had posted a year-earlier net profit of €806 million, also unveiled plans for a capital increase of up to €2.75 billion in a results statement, as it seeks to navigate fallout from the deadly COVID-19 crisis.