Aviation

Bloomberg American Airlines Group Inc cancelled 460 flights after weather conditions affected its staffing needs. The cancellations made up 9% of its mainline and regional flights, it said. With two days of severe weather at its Dallas-Fort Worth hub, its arrival capacity was cut by more than half, it said. The weather conditions also meant it could use just two ...

Bloomberg Argentina’s flagship carrier expects domestic operations to reach pre-pandemic levels by July of next year, according to its top executive. Aerolineas Argentinas President Pablo Ceriani said flights to tourist destinations within the country, from Patagonia in the south to Iguazu Falls in the northeast, are picking up faster than expected as the country emerges from one of the longest ...

Bloomberg Air France-KLM expects a return to profitability for the full year and is adding transatlantic seats as an easing of travel rules revives prospects for the struggling carrier. The shares jumped after the airline group reported positive free cash flow in the third quarter and said it’s offering 70% to 75% of 2019 network capacity during the final three ...

Bloomberg Long haul budget airline AirAsia X Bhd was officially categorised as a financially distressed company, giving the company a year to restructure its finances or risk losing its Malaysian listing. AirAsia X’s external auditor Ernst & Young issued a disclaimer of opinion on the airline’s audited financial statements for the 18-month period ended June 2021, the company said in ...

Bloomberg German delivery firm DHL expects global supply-chain bottlenecks to ease next year as the return of air travel adds cargo capacity and higher vaccination rates keep a lid on Covid-19 infections. A loosening of US borders slated for November 8 will be key, as the added flights provide more space for freight in the holds of passenger jetliners, DHL ...

Bloomberg Ryanair Holdings Plc will introduce electric ground-handling equipment at 11 European airports including Madrid, Amsterdam and Oslo as the Irish airline looks to reduce its emissions. Europe’s biggest discount carrier will introduce electric-powered baggage vehicles and plane push-back tractors with partners Azul Handling and Menzies Aviation, Ryanair said in a statement. Azul will allow it to offer zero emission ...

Bloomberg Air Canada said employees working remotely must gradually return to the office starting from November 15 and be fully vaccinated, as Covid-19 cases ebb across Canada. The country’s biggest airline described its plan as “a balanced approach” that allows employees to keep working some “set days” remotely. In a statement, Chief Executive Officer Michael Rousseau cited Canada’s high vaccination ...

Bloomberg Avianca Holdings SA asked a judge for permission to exit bankruptcy under a plan that the airline says will eliminate about $3 billion in debt and preserve over 10,000 jobs. Latin America’s second-largest airline before the pandemic presented its restructuring plan at a hearing in New York. If approved, the 102-year-old company is eyeing an exit from bankruptcy this ...

Bloomberg London’s Heathrow airport said it saw its first full quarter of passenger growth since 2019 as restrictions eased and travellers returned to flying. Traffic reached 28% of pre-pandemic levels in the third quarter, the airport said as it reported financial results. However, 3.4 billion pounds ($4.7 billion) in losses since the start of the Covid outbreak “underscore the long ...

Bloomberg United Airlines Inc told a federal judge the company is spending millions on paid leave for unvaccinated pilots because their colleagues “refuse to risk their safety” by flying with them. The leave is costing United about $1.4 million every two weeks — money it’s unlikely to recover even if it wins a lawsuit challenging the airline’s vaccine mandate for ...