Bloomberg Delta Air Lines Inc said a fifth of its unvaccinated employees received a Covid-19 shot in the two weeks since the airline announced that they would be subject to a $200 monthly surcharge, providing support for companies that are hesitant to impose mandates. The carrier also hasn’t seen a rise in employee turnover, Chief Health Officer Henry Ting said ...
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Boeing board to face investors’ suit over 737 Max jet crashes
Bloomberg Boeing Co’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion. Delaware Chancery Judge Morgan Zurn threw out some claims against Boeing’s board, but said Boeing shareholders produced enough evidence to justify pursuing claims ...
Read More »BA invites passengers to pay for sustainable fuel
Bloomberg British Airways (BA) introduced a mechanism allowing customers to buy so-called sustainable aviation fuel to reduce their carbon footprints. The carrier said it will also source enough SAF from BP Plc to power all flights between London and Scotland’s two busiest airports during the COP26 climate summit to be held in Glasgow. Payments for SAF will be offered to ...
Read More »London City flights return in sign of pickup in banking trips
Bloomberg London City Airport, a favourite of regional business travellers, is seeing a tentative reawakening as British Airways and Deutsche Lufthansa AG restore flights to key financial centers. Services to Zurich, Frankfurt and Rotterdam are resuming this month, the airport’s chief operating officer, Alison FitzGerald, said in an interview. “We’re seeing some early signs of good load factors, some early ...
Read More »Lufthansa seeks bailout deal before Merkel exits office
Bloomberg Deutsche Lufthansa AG is seeking to secure a deal on how Germany will wind down its investment in the airline before Angela Merkel’s government leaves office, a moment that could see a less sympathetic coalition sweep to power. The comments by Chief Executive Officer Carsten Spohr amount to an admission that his previous deadline of repaying the remainder of ...
Read More »Qantas to test new routes as countries reopen again
Bloomberg Qantas Airways Ltd is likely to fly to several new overseas destinations next year after pushing ahead with plans to resume international flights from December. “We’ll probably try a lot of new routes internationally as certain borders open up,†Chief Executive Officer Alan Joyce said at a virtual business conference on Tuesday, without giving any specific destinations. Prior to ...
Read More »Ryanair ends talks with Boeing on 737 Max order over price
Bloomberg Ryanair Holdings Plc ended negotiations with US planemaker Boeing Co on a major follow-on order for 737 Max aircraft after failing to agree on pricing. Talks on the higher-capacity Max 10 single-aisle jets ended after 10 months, Ryanair said in a statement. Europe’s largest low-cost carrier has ordered 210 of the smaller Max-8200 already, with deliveries spanning the next ...
Read More »Philippine Air aims to complete restructuring this year
Bloomberg Philippine Airlines Inc expects to emerge from Chapter 11 bankruptcy before the end of the year, with a leaner fleet and fewer destinations as a recovery in travel demand isn’t likely in the next few years, President Gilbert Santa Maria said. Majority owned by billionaire Lucio Tan, the carrier filed for Chapter 11 bankruptcy in New York on Septmber ...
Read More »Airbus plane deliveries slide in August
Bloomberg Airbus SE jetliner deliveries declined last month, according to people familiar with the matter, as an annual summer manufacturing lull impacted build rates. Toulouse, France-based Airbus handed over about 40 aircraft in August, down from 47 in July, according to the people, who asked not to be named before official figures are made public. The tally would take the ...
Read More »Philippine Air files bankruptcy in New York over travel fallout
Bloomberg Philippine Airlines Inc filed for Chapter 11 bankruptcy in New York with a lender-supported plan that helps the country’s main carrier recover after the pandemic devastated global travel. The company aims to cut $2 billion in borrowings through a proposed restructuring plan, which needs court approval, it said. Philippine Airlines will also get $505 million in equity and debt ...
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