Bloomberg Singapore has started taking applications for a program that will allow people to enter the island for business and official purposes without having to quarantine for 14 days. The catch? They’ll have to stay in a bubble-like facility near Changi Airport, and can’t leave. The first visitors under the so-called Connect@Changi program are expected to arrive next month, Alan ...
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Cathay crew to work 21-day stints to avoid quarantine
Bloomberg Cathay Pacific Airways Ltd is taking extreme measures to cope with new rules that will require flight crew to quarantine in Hong Kong from Saturday, introducing a rotation policy that puts staff out of action for almost one month at a time after they’ve completed 21-day shifts. Crew who volunteer to take part in the airline’s so-called closed loop ...
Read More »UK airlines urge PM for travel reopening
Bloomberg The UK airline industry stepped up a campaign to persuade Prime Minister Boris Johnson that travel should be included in his plan to reopen the economy, calling for a clear road map to ease travel restrictions ahead of the crucial summer season. In a webinar organised by lobby group Airlines UK, heads of carriers including EasyJet Plc and Virgin ...
Read More »FAA tracking all 737 Max flights around world with satellites
Bloomberg All Boeing Co 737 Max flights around the world are being tracked by US regulators who are keeping watch on the plane after its 20-month grounding. The Federal Aviation Administration (FAA) is using a network of satellites capable of tracking planes in even the most remote regions as if they were under surveillance by local radars, according to the ...
Read More »TSA plans to add 6,000 new airport screeners
Bloomberg The US government wants to hire 6,000 new airport security screeners by the summer as progress in vaccinating people for Covid-19 is projected to lead to an increase in travel. The Transportation Security Administration (TSA) announced a nationwide recruitment effort, even as the coronavirus continues to significantly depress airline passenger levels. Seasonal travel trends — summer is the busiest ...
Read More »Lufthansa, planemakers in talks over smaller aircraft
Bloomberg Deutsche Lufthansa AG is in talks with planemakers about swapping some orders for larger aircraft to smaller long-distance models, helping to adapt its fleet to an enduring slump in intercontinental business travel as the coronavirus crisis upends demand. Europe’s largest airline group is in negotiations with Airbus SE and Boeing Co about existing orders, with the manufacturers showing flexibility ...
Read More »Air France-KLM’s shares risk plunging to one euro
Bloomberg Air France-KLM is the most vulnerable of Europe’s major legacy carriers to an extended slump in passenger traffic and its share price could fall to one euro, according to analysts at Bernstein. The Franco-Dutch airline is in need of another multi-billion euro bailout and “likely has insufficient liquidity to continue into 2022,†the analysts including Daniel Roeska wrote in ...
Read More »Transat plummets with Air Canada takeover in jeopardy
Bloomberg Air Canada’s proposed takeover of Transat AT Inc has been thrown into doubt after European regulators failed to approve the deal by a February 15 deadline. The companies are still talking about “potential amendments†that can keep the deal alive, Montreal-based Transat said in a statement. However, Air Canada won’t agree to extend the deadline, meaning either company now ...
Read More »Air Canada ex-CEO optimistic about government aid deal
Bloomberg Air Canada’s former top executive is growing more optimistic about the chances of a government aid package, as a prolonged travel slump forces the Montreal-based airline to further cut capacity. Canada’s biggest carrier said it expects to burn as much as C$17 million ($13.4 million) in net cash per day this quarter and reported fourth-quarter revenue that trailed analysts’ ...
Read More »Jet2 raises $582m to bridge travel closures
Bloomberg UK leisure airline Jet2 Plc raised 422 million pounds ($582 million) in new equity, adding to its cash reserves with travel virtually shuttered. The new shares, representing about 20% of the carrier’s stock, were sold at 1180 pence each, a 9.1% discount from the closing price, Jet2 said in a statement. “We estimate that Jet2 can now endure a ...
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