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Norwegian Air Gets Guarantee From Norwegian Government

  • Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a guarantee for the required 10 percent for the first tranche of 300 million Norwegian kroner (NOK). Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian Government.

Government measures
On Thursday 19 March, the Norwegian Government proposed a guarantee of NOK 6 billion for the Norwegian airline industry, of which up to NOK 3 billion is directed to Norwegian. The guarantee will be up to 90 percent from the Norwegian Government provided that financial institutions contribute with the remaining 10 percent. The guarantee scheme will consist of three tranches with a maximum two years maturity.

Since Thursday evening Norwegian has worked with banks and financial institutions and is pleased to announce that two Nordic banks have obtained credit committee approval to contribute with the 10 percent required in guarantee for Tranche I and to provide the NOK 300 million in financing backed by the guarantee from the Norwegian Government. The Company is working with the banks and the Norwegian Export Credit Guarantee Agency (“GIEK”), who will administrate the guarantee scheme, on the documentation in order to obtain the NOK 300 million in liquidity as soon as possible.

The Company is now working with GIEK and the Ministry of Trade, Industry and Fisheries to clarify the criteria and terms related to the remaining tranches under the scheme and to obtain further guarantees from financial institutions in order to back such remaining tranches. Norwegian will update the market with its further plan of action and implications for its stakeholders as soon as the criteria and terms have been finalized. The Government guarantee scheme is crucial for the Company as the current state of the capital markets in combination with the challenging times for the airline industry limit the options available. The first NOK 300 million will create necessary headroom to pursue the remaining tranches of the guarantee scheme.

Operational update
Currently, most of the fleet is grounded and Norwegian has reduced its operations to a minimum. The airline will now primarily operate domestically in Norway and Sweden and between the Nordic capitals, in order to deliver on its corporate responsibility of maintaining critical infrastructure so that people and necessary goods and medical supplies can be transported during this unprecedented crisis. The limited schedule will remain in place until further notice. In addition, Norwegian has conducted repatriation flights together with the authorities in order to get citizens of Norway, Denmark and Sweden back home.

In order to reduce cost, Norwegian has temporarily laid off approximately 90 percent of its workforce and will continue to implement additional cost measures going forward.

La Compagnie Takes Measures Due to Coronavirus COVID-19

  • MEASURES TAKEN BY LA COMPAGNIE 

Since the outbreak of the Coronavirus COVID-19, our teams have been doing everything possible to guarantee the safety and health of our passengers and cabin crew.

We regularly consult all relevant international authorities to make sure that we follow – and even surpass – their instructions on health precautions related to the effort to prevent the spread of the Coronavirus.

Aircraft cleaning procedures, which were already of the highest standard given our all-business class offer, have been reinforced to guarantee a safe and relaxing experience for our passengers. Our brand-new A321neo also features a state-of-the-art air circulation system that renews cabin air every 3 minutes.

COMMERCIAL POLICY

In light of President Trump’s recent restrictions on travel between Europe and the U.S., effective March 13th at midnight for a period of 30 days, we have been forced to reassess our flight schedule for the upcoming months.

We must suspend all scheduled flights from March 18th to April 12th, 2020,resuming with one daily flight between Paris and New York from April 13th once the restrictions are lifted.

The launch of the seasonal route from New York to Nice is pushed back to June 1st, 2020.

In the unlikely event that your flight has been cancelled by La Compagnie in light of the Covid-19 situation, you will be notified directly via the contact details provided in your booking and will be offered solutions to modify, postpone or cancel your flights.

Any passengers with a flight scheduled between now and May 31st, 2020 who would like to postpone their departure may do so, regardless of fare conditions and at no charge, or receive a non-refundable but transferrable voucher (valid for 12 months).

Ryanair Suspends All Italian Flights Until Wednesday April 8

– Government extends restrictions to all of Italy

Ryanair today (Tues 10 Mar) announced the suspension of its full flight schedule to/from and within Italy, following the decision of the Italian Government to “lock down” the entire country to contain the spread of the Covid-19 virus.

These additional cuts will be implemented as follows:

  1. From 24:00hrs Weds 11 Mar until 24:00hrs Wed 8 Apr, Ryanair will suspend all Italian domestic flights.
  2. From 24:00hrs Fri 13 Mar until 24:00hrs Wed 8 Apr, Ryanair will suspend all Italian international flights.

All affected passengers have received email notices today informing them of these flight cancellations. Passengers looking for repatriation can obtain a free move to an earlier Ryanair flight operating up until midnight Fri 13  Mar. Affected passengers will be able to choose between a full refund or a travel credit that can be redeemed on Ryanair flights in the next 12 months.

Ryanair continues to comply fully with WHO and national Government guidance and travel bans. The situation is changing on a daily basis, and all passengers on flights affected by travel bans or cancellations, are receiving emails and are being offered flight transfers, full refunds or travel credits.

Ryanair apologises sincerely to all customers for these schedule disruptions, which are caused by national Government restrictions and the latest decision of the Italian Government to lock down the entire country to combat the Covid-19 virus.

Norwegian to Cancel Approximately 3000 Flights and Implement Temporary Layoffs Due to COVID-19

Due to the COVID-19 situation, Norwegian is preparing to cancel approximately 3000 flights between mid-March and mid-June. This represents approximately 15 percent of the total capacity for this period. The company has also put several other measures in place, including temporary layoffs of a significant share of its workforce.

The past week, Norwegian has experienced reduced demand on future bookings. The company will cancel about 3000 flights to meet the change in demand. The cancellations represent approximately 15 percent of the total capacity for the period mid-March to mid-June. It will affect the entire network and more details will be shared as soon as they are ready to be implemented. Affected customers will receive information about these changes as soon as they take place.

“This is a critical time for the aviation industry, including us at Norwegian. We encourage the authorities to immediately implement measures to imminently reduce the financial burden on the airlines in order to protect crucial infrastructure and jobs,” said CEO Jacob Schram of Norwegian.

“Unfortunately, cancellations will affect a significant share of our colleagues at Norwegian. We have initiated formal consultations with our unions regarding temporary layoffs for flying crew members as well as employees on the ground and in the offices. We will continue to engage in constructive dialogue with unions and employees to work through this difficult situation together,” said Schram.

Norwegian will continue to share updates with its customers, the financial market and the media once new measures are implemented.

Delta Reduces Japan Flight Schedule Due To COVID-19

  • Customers with affected travel plans can go to the My Trips section of delta.com to help them understand their options.

Delta will reduce its weekly flying schedule to Japan through April 30 and suspend summer seasonal service between Seattle and Osaka for 2020 in response to reduced demand due to COVID-19 (coronavirus).

The health and safety of customers and employees is Delta’s top priority. The airline maintains an ongoing relationship with the Centers for Disease Control and Prevention and the World Health Organization, the world’s foremost experts on communicable diseases, to ensure training, policies, procedures, and cabin cleaning and disinfection measures meet and exceed guidelines. The latest information about Delta’s response to COVID-19 is here: news.delta.com/coronavirus

Flight schedule changes

Beginning March 7 for U.S. departures to Japan and March 8 for Japan departures to the U.S., the airline will operate the following schedule:

MarketPeak FrequencyFrequency March 7-April 30
Tokyo-DetroitDailyDaily
Tokyo-Los AngelesDailyDaily
Tokyo-HonoluluDailyDaily
Tokyo-SeattleDailyDaily
Tokyo-PortlandDaily3x weekly
Tokyo-AtlantaDaily5x weekly
Tokyo-MinneapolisDaily5x weekly
Nagoya-DetroitDaily3x weekly
Nagoya-HNLDaily3x weekly
Osaka-SeattleDailySuspended
Osaka-HonoluluDaily3x weekly
Tokyo-ManilaDailyDaily*

*ends March 27

Delta’s planned consolidation of Tokyo flights at Haneda Airport beginning March 28 will happen as planned. Flights between Seattle, Detroit, Atlanta, Honolulu and Portland will transition from Narita to Haneda beginning March 28 for departures from the U.S. to Tokyo, and March 29 for departures from Tokyo to the U.S. Delta’s Tokyo-bound flights from Minneapolis and Los Angeles already fly into Haneda and will continue to do so.

Delta’s service between Narita and Manila will continue to operate daily until March 27, after which the flight will be suspended as part of the carrier’s previously-announced consolidation at Haneda.  The airline’s new service from Incheon to Manila, previously scheduled to begin March 29, will now start on May 1.

The airline’s seasonal summer service between Seattle and Osaka will be suspended for the summer of 2020, with a planned return in summer 2021. Delta will continue to serve Osaka from Honolulu.

Full schedules will be available on delta.com beginning March 7. The airline will continue to monitor the situation closely and may make additional adjustments as the situation continues to evolve.

Atlas Air Lands El Al As New Customer

El Al Israel Airlines is outsourcing operation of its main freighter route between Tel Aviv and Liege, Belgium, to Atlas Air Inc. under an extended charter arrangement.

Atlas, an aviation services company headquartered in Purchase, N.Y., said Tuesday it is leasing El Al a Boeing 747-400 all-cargo aircraft, operating it with its own crew and providing maintenance and insurance (ACMI) beginning this month. 

El Al, a new customer for Atlas, is experiencing strong growth in demand across its freight network, according to the announcement. The Israeli carrier sells the space on the plane and covers expenses such as ground handling, landing fees and fuel. 

No terms of the commercial cooperation were disclosed, but ACMI deals typically run for one to three years.

Click the link for the full story!

https://finance.yahoo.com/news/atlas-air-lands-el-al-164407972.html

Image from Pixabay

New Flights from Austin to Boston and San Jose Start this Spring

Airline also adds service for special events next year

FORT WORTH, Texas — American Airlines is giving customers a treat this holiday season with the announcement of two new routes from the vibrant and eclectic city of Austin, Texas (AUS), to the capital of Silicon Valley, San Jose, California (SJC), and to the historical city of Boston (BOS). These new routes will operate twice daily beginning in April. 

The airline is also introducing unique service in support of special events like golf tournaments in Augusta, Georgia (AGS), music festivals in Palm Springs, California (PSP), and the annual visit to one of the nation’s biggest shareholder meetings with increased service to Omaha, Nebraska (OMA). Austin flights will be available for purchase starting Dec. 16 and special events flights will be available for purchase starting Dec. 22.

New Austin flights takeoff in April

American’s newest service is in response to strong demand from customers who need to travel between one of the nation’s largest tech cities, Austin, to the tech centers in San Jose and Boston.

“Our customers have expressed the desire for more routes between major tech cities, and we’re pleased to respond to their needs by helping them reach these important destinations with ease,” said Alison Taylor, Senior Vice President of Global Sales and Distribution. “These new routes reflect our commitment to partnering with customers to seamlessly support their travel needs.” 

Flights will operate twice daily, Monday through Friday, on a Boeing 737-800, year-round. The aircraft features high-speed Wi-Fi, access to power at every seat and 16 first class seats, providing additional comfort while commuting. With convenient flight times, customers flying the new service can get to meetings early and get back home in time for dinner. The airline has also recently renovated the Admirals Club to relax before flights, and, by the end of the year, American will have five contiguous gates at AUS.

“We added these routes with our customers top of mind to bring them closer to the places they value the most when conducting business,” said Vasu Raja, Senior Vice President of Network Strategy. “While it’s not our traditional hub and spoke routing, we understand the importance of travel for the tech community and look forward to offering these new flights to our loyal customers.”

And, for a quick weekend beach escape from the capital of Texas, American will also introduce the only service from AUS to Los Cabos, Mexico (SJD) on Saturday and Sunday, starting May 9.

Special flights for special events

In addition to the yearly increase in service for special events, American is also adding more unique flights that will make it easier than ever to attend must-see special events such as sports tournaments, concerts and meetings. American is adding direct service from Los Angeles (LAX) to PSP in April, for a faster way to get to one of the biggest music festivals of the year. The airline is also adding new service to AGS from BOS on an Embraer E175, and upgauging existing service from Chicago (ORD) to Augusta on a 737-800 to help customers who want a front row seat to golf’s biggest championship tournament. And in May, American will have the most seats to Louisville, Kentucky (SDF), for one of the most unique sporting events under the Twin Spires at Churchill Downs, from BOS, CLT, DCA, DFW, LAX, LGA, MIA, ORD and PHL. American also has customers covered who care more about investing with the only service from BOS to OMA, as well as new flights from New York City (LGA) and Ronald Reagan Washington National Airport (DCA) to OMA on an E175 on May 1.

“It’s important to spend time and resources on memorable experiences, and we want to make sure our customers have options when it comes to the most important events around the country throughout the year,” Raja said. “We’re adding more seats, introducing new routes and making sure that our customers are taken care of throughout their travel journey.”

Flight times are subject to change.

Alstom Avelia AGV Reaches 100 Million Kilometres Milestone in Italy

Train NTV a Savigliano. Mars 2011.

Alstom’s fleet of 25 Avelia AGV very-high-speed trains operating in Italy has travelled a total of more than 100 million kilometres since entering service in April 2012, owned and operated under the service name Italo by Italo-Nuovo Trasporto Viaggiatori, the first private high-speed operator in Europe. 

Italo, with its fleet composed of Avelia AGVs and Avelia Pendolinos, covers the entire national area served by high speed line, connecting a total of 25 Italian cities and 30 railway stations with 116 daily services. 

“We are immensely proud that our trains have covered such a distance and transported so many passengers since beginning service. Add to that the Avelia Pendolino trains more recently delivered to NTV, and we have proof of the importance of high-speed rail services and Alstom’s unique ability to accompany its customers in the domain,” said Laurent Jarsalé, Vice-President of Alstom’s Mainlines Platform. 

The Avelia AGV trains themselves run at speeds of 300km/h with the highest level of safety and comfort, thanks to an articulated architecture designed for very high speeds. The eleven-car configuration results in trains that are over 200 metres in length.

Passenger experience is at the centre of the Avelia AGV design. The train offers 100 mm of additional interior body width compared to conventional non-articulated very-high-speed trains and a bright interior thanks to the largest windows on the very high speed market. Passengers experience quiet and smooth travelling conditions – a result of bogies being placed between the cars. 

The train also boasts long-term operational and financial benefits for the operator. This includes 15 to 30% less energy consumption compared to conventional non-articulated very-high-speed trains thanks to its lightweight, aerodynamic design and braking energy recovery. Maintenance costs are also up to 10% lower than non-articulated trains. The Avelia AGV is fully adaptable to operating needs: flexible configurations from 7 to 14 cars, and trainsets designed like a hollow tube that can be effortlessly fitted and refitted according to changing passenger requirements throughout the train’s 30-year lifespan.

Delta Increases Service Between Atlanta and Key Regional Airports Throughout Georgia

​​Delta is deepening its investment in communities throughout its hometown state of Georgia with more flying from Albany, Brunswick, Columbus and Valdosta to the airline’s Atlanta hub. Each market will see one additional daily frequency to Hartsfield-Jackson Atlanta International Airport beginning next spring, increasing seat capacity to and from these Georgia communities by 35 percent in 2020.

“With more than 200 destinations served from Hartsfield-Jackson, including recently added nonstop service to destinations including Havana, Seoul and Shanghai, these communities now have even more connections across the globe while supporting economic development here at home,” said Joe Esposito, Senior Vice President — Network Planning.

Delta will add a fourth peak-day round-trip from Albany, Brunswick and Valdosta and a fifth peak-day round-trip from Columbus.

The additional Brunswick flight will begin on May 22, 2020; while the increased flying to and from Albany, Columbus and Valdosta will start on June 8, 2020. Delta Connection carrier SkyWest will operate the Albany and Valdosta flights and three of the four Brunswick frequencies, all on Canadair regional jet aircraft. Delta Connection carrier Endeavor Air will operate the Columbus flights as well as the remaining Brunswick frequency, which will upgrade to a 2-class CRJ-900 aircraft.

“With roots in Georgia dating back to 1924, Delta Air Lines has helped put our state on the map as a gateway to the global economy,” said Georgia Governor Brian P. Kemp. “Delta serves 80 percent of key U.S. destinations within a two-hour flight from Atlanta, and as these new flights begin operating, they will open new doors for economic growth in every corner of our state. I am grateful for Delta’s partnership and their continued investment in Georgia.”

Delta has long called Atlanta home and today operates more than 1,000 peak-day departures from its ATL hub. The airline employs tens of thousands of Georgians – it’s among the state’s top private employers – and contributes millions of dollars and countless volunteer hours to charities and organizations throughout the metro area.

Flight schedules are as follows:

Philippine Cebu Air Signs Airbus Aircraft Deal for $4.8 Billion

  • Cebu Air finalises order for 16 Airbus jets
  • Expected to cut cost per seat, fuel emission
  • A330neo’s to be delivered between 2021 and 2024

Nov 4 (Reuters) – Philippines’ Cebu Air Inc has finalised the purchase of 16 long-range Airbus A330 neo jets worth $4.8 billion at list prices, the airline said on Monday.

The budget carrier, which operates 74 aircraft, mostly Airbus A320s, under the brand Cebu Pacific, is turning to larger and fuel-efficient jets for expansion, despite limited slots at the main gateway in the Philippine capital.

Scheduled to be delivered between 2021 and 2024, the 16 A330neo aircraft will be deployed on routes in the Philippines, Asia, Australia and the Middle East, Cebu Air said in a statement.

Reuters first reported that Cebu Air was close to buying A330neo or Boeing 787 aircraft in May.

In June, Cebu Air signed a signed a memorandum of understanding to acquire 16 A330neos, 10 A321XLRs and five A320neos, worth about $6 billion in total at list prices, during the Paris Air Show.

The new Airbus aircraft will cut fuel emissions and costs per seat, said Cebu Air Chief Executive Lance Gokongwei, adding that it would also help maximise seating capacity and the airline’s valuable slots in Manila and other major Asian cities.

(Reporting by Neil Jerome Morales; Editing by Clarence Fernandez)

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