The decision, the Treasury said, would see the creation of 1,600 new jobs and potentially add £1.5bn to the UK economy by 2025.
The decision was take against the backdrop of local opposition on environmental grounds and furious debate over airport expansion in the South East.
While this investment will allow for more flights, the government is under pressure to make a decision on which major airport, between Heathrow and Gatwick, is to get a new runway,
The plans for the Docklands airport will allow for an extended terminal, a new aircraft taxiway and additional parking spaces at what the government call “one of the capital’s fastest growing airports”.
The Chancellor, Philip Hammond, made it clear that the Brexit vote was a factor behind this decision.
The Lufthansa Group has opened talks with rival carrier and Etihad Airways equity partner, Air Berlin, over the possible transfer of an undisclosed number of the latter’s routes to Eurowings.
The German Daily Handelsblatt says Lufthansa has focused on the acquisition of forty leased aircraft as well as routes that do not originate at either of Air Berlin’s main hubs (Düsseldorf and Berlin Tegel).
The talks are slated to end by October.
Air Berlin’s financial woes are no secret with it having reported a EUR446.6 million loss in 2015, deepened from a EUR376.7 million loss the year before. For the first quarter of this year, Air Berlin reported an improved financial net loss of EUR182.3 million (USD206.2 million), narrowed from a EUR210.1 million loss for the same period last year.
Delta Air Lines says it has partnered with the Port Authority of New York and New Jersey (PANYNJ) to replace La Guardia’s Terminals C and D with a new state-of-the-art facility.
The project, approved last week by the PANYNJ, is part of a new lease agreement to be negotiated at the airport through 2050. As a part of this agreement, the PANYNJ has committed US$600 million to facilitate construction of the terminal and other supporting infrastructure.
“Replacing these outmoded terminals is a major step forward in our reimagining of La Guardia into a 21st-century, world-class airport worthy of the Empire Stare.” New York Governor Andrew Cuomo said.
La Guardia is a major hub for Delta, which has approximately 275 daily departures from terminals A, C and D.
As such, the carrier’s new terminal will consist of 36 gates located on four concourses connected by a centralized check-in lobby, security checkpoint and baggage claim.
Of the 37 gates, 33 will have access to dual taxi lanes, which will improve efficiency, reducing taxi time.
The terminal will feature a new, larger Delta Sky Club with a Sky Deck, wider concourses, larger gate hold rooms and more seating, as well as 30% more concessions space than the existing Terminals C and D. The facility will also offer direct access between the parking garage and terminal, improved roadways and drop-off/pick-up areas, and a curbside check-in bypass leading directly into the security checkpoint.
Construction will start once all regulatory approvals and final lease negotiations have been concluded.
Singapore Airlines has announced it will switch the stopover on its Singapore-Houston service from Moscow Domodedovo to Manchester Int’l with effect from October 30 this year. The route will still be operated 5x weekly.
The carrier said in a statement that with the launch of the new service, its existing Moscow-Houston and Munich-Manchester flights will be suspended, with effect from October 30 2016.
“Both Munich and Moscow will continue to be served, however, on a non-stop basis to and from Singapore,” it said. “Services to Munich will be operated daily, while services to Moscow will be operated 4x weekly.”
PIA – Pakistan International Airlines says it plans to use wet-leases A330-300s to launch its new premium service operation on August 14 with flights to London Heathrow.
Airline CEO Bernd Hildenbrand was recently in Colombo to discuss the previously reported move to source the aircraft from SriLankan Airlines, which has been struggling with surplus wide body capacity for a long time.
“With new aircraft, more professional crew and improved service standards, the new service aims at providing a different experience to passengers,” PIA said. “This service will go a long way in helping PIA regain its market share, both domestically and internationally.”
In the wake of a series of strikes related to the planned privatization of the troubled national carrier, the Pakistani government announced the plans to launch a new premium airline, Pakistan Airways, whose focus will be on international flights.
The Pakistani government is obligated to privatize the national carrier because of a US$6.67 billion Extended Fund Facility (EFF) signed with the International Monetary Fund (IMF) in 2013.
The plan was to dispose of at least 26% of the loss-making airline by Mary, but the date has now been pushed back to further on this year.
A local paper, The Nation, reports that PIA officials this week approached Prime Minister Nawaz Sharif over the possibility of an injection of PRK160 billion (US$1.5 billion) into the carrier to pay off debts owed to the Pakistan Civil Aviation Authority (PkCaa), fuel suppliers and airports in Jeddah and Riyadh.
The approach to the PM came after the government reportedly rejected the airline’s initial request for assistance,
On July 19th 2016, Pegasus Airlines has taken delivery of its first A320neo, TC-NBA (CN 7140) despite earlier reports claiming that it had chosen to defer the even in the wake of the failed military coup in Turkey.
In a low key event in Toulouse, the twin jet was handed over to the Turkish leisure specialist before heading off to its Istanbul Sabina Gökcen home base.
The aircraft is the first of 5 A320neos Pegasus Airlines has an order from Airbus.