Aviation

  Bloomberg Delta Air Lines will stop assessing a $200 monthly surcharge for employees who have not received a coronavirus vaccination, the latest sign that the travel industry is relaxing its approach to the virus even as the US plans to extend a face-mask requirement. The assessment to cover the added costs of Covid-19 illnesses will end April 30, a ...

  Bloomberg An amendment to European Union sanctions created a potential path for some aircraft financiers to sell jets held in Russia to the airlines now operating them without permission. The measure will allow EU governments to grant permission for entities in their states to keep receiving payments from Russian companies on so-called financial leases signed before February 26. Ownership ...

  Bloomberg American Airlines Group Inc was sued by its pilots union to block a plan that would seek volunteers to help with flight-simulator training amid record hiring. The plan would violate the Railway Labor Act, which prohibits unilateral changes to contracts between airlines and their unions, according to the suit, filed by the Allied Pilots Association (APA) in a ...

Bloomberg Delta Air Lines Inc spurred a rally among airline and leisure stocks as it said a strong rebound in summer travel bookings will help the carrier overcome rising fuel costs and a slow return of business travel. While the airline posted a first-quarter loss, it stood firm with previous projections that it would be profitable for the year’s remaining ...

  Bloomberg Jet fuel supplies on the US East Coast have never been lower, despite producers boosting output amid rising demand. Inventories for the region are at a historic low in government data going back to 1990. Nationally, stockpiles are at their lowest on a seasonal basis since 2004. Meanwhile, implied jet fuel demand based on a four-week average rose ...

Bloomberg Australians traveling for the Easter break are again anticipating hour-long waits as the nation’s largest airports and airlines continue to battle a staffing crisis. Sydney Airport has advised people traveling domestically to arrive more than two hours ahead of their scheduled flight — twice as long as usual — as it braces for 82,000 travellers to pass through its ...

  Bloomberg India barred 90 pilots from flying Boeing Co 737 Max jets after finding problems with a simulator they’d trained on to operate the aircraft, which the country cleared to fly again in August following a global grounding. A routine check of the simulator revealed deficiencies, and an investigation is underway to discover what caused them, Arun Kumar, chief ...

Bloomberg EasyJet Plc reiterated its plan to gear up operations to near pre-pandemic levels through the summer high season, as an easing of travel restrictions unleashes pent-up demand. Europe’s second-biggest discount carrier managed to narrow its estimated loss in a fiscal first half roiled by the rise of the omicron variant of Covid-19, and has now turned its focus to ...

Bloomberg German billionaire Klaus-Michael Kuehne has doubled his stake in his country’s flagship airline Deutsche Lufthansa AG, cementing his position as the carrier’s second-largest shareholder behind the government. KA Logistik Beteiligungen GmbH, controlled by the the 84-year-old Kuehne, doubled its stake in Lufthansa to 10.01%, according to a filing. The investor plans to be a “long-term, stable and reliable partner” ...

Bloomberg Understaffed airports and airlines from Australia to Europe are struggling to cope with a fresh rush of travellers, with long queues and flight disruptions expected to persist as the busy Easter weekend approaches. The aviation industry axed hundreds of thousands of workers to get through the worst of the Covid-19 pandemic. That left airports and airlines short of staff ...