Finnair delays Helsinki - Split resumption

GLOBAL AVIATION NEWS

Air Arabia to set up Armenian carrier

UAE-based low-cost carrier Air Arabia is partnering with the Armenian National Interests Fund (ANIF) to launch a new national airline in the southern Caucasian country, adding to a glut of airline launches around the world during the coronavirus pandemic. The two partners are setting up a new joint venture that will operate as a low cost airline using Yerevan’s Zvartnots International Airport as its base. A deal was signed in Yerevan on July 14, witnessed by Armenian Prime Minister Tigran Avinyan and Air Arabia Chairman Sheikh Abdullah Bin Mohammed Al-Thani. ANIF is the government’s foreign direct investment fund. The name of the new carrier has not yet been decided on, but Armenians have been invited to submit ideas by a deadline of August 14. Other details including a launch date, the makeup of the fleet, the destination network and the shareholding structure have also yet to be announced. Air Arabia was set up in 2003 and flies from the UAE emirates of Sharjah and Ras al Khaimah. Over the years it has set up a number of offshoots, including Air Arabia Maroc, Air Arabia Egypt and, most recently, Air Arabia Abu Dhabi, which launched in July 2020. It has also been linked to a possible move into the Algerian market. As with the new Armenian venture, these have all been set up with other investors. Armenia’s local aviation sector is currently very limited. There are five airlines but all of them are small and serve a limited range of nearby countries. Larger international carriers also fly in to Zvartnots, including Air Arabia itself, as well as FlyDubai, Russia’s S7 Airlines and Qatar Airways.
Source: Forbes

Finnair delays Helsinki - Split resumption

NEWS FLASH

Finnish flag carrier Finnair will push back the resumption of its seasonal Helsinki - Split flights as a result of the coronavirus Covid-19 outbreak. The service, which was scheduled to commence on March 29, has now been delayed until April 30. “Due to the impacts of the coronavirus situation, Finnair has already cancelled approximately 1.400 flights from its network and is now further adjusting its operations to meet the decreased demand”, the company said. It added, “Finnair is decreasing the seat capacity of its European traffic in April by over 20%, by cancelling altogether approximately 2.400 flights and by switching to smaller aircraft on certain routes, based on the demand outlook”. At this point, the airline’s other destinations on the Croatian coast, as well as its services to Ljubljana, remain unaffected.

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Finnair delays Helsinki - Split resumption

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