Aviation

Philippine Airlines to cut 2,300 jobs

Bloomberg Philippine Airlines Inc, owned by billionaire Lucio Tan, said it will cut 2,300 jobs or about a third of its workforce by mid-March as it continues to take a beating from the pandemic. “This has been an extremely difficult and painful decision,” President Gilbert Santa Maria said. The job cuts, first announced in October, include voluntary and involuntary separations, ...

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Ryanair seeks to shoot down Lufthansa’s rescue at EU court

Bloomberg Ryanair Holdings Plc sought to shoot down Germany’s multibillion euro bailout for Deutsche Lufthansa AG, asking a European Union court to cancel EU approval. Germany’s 6 billion-euro ($7.3 billion) recapitalisation and a state guarantee for a 3 billion-euro loan “discriminates unlawfully between EU airlines,” Ryanair said in an emailed statement. The carrier filed its challenge at the EU’s General ...

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Trudeau cancels flights to curb virus in Canada

Bloomberg Canadian Prime Minister Justin Trudeau is introducing sweeping new restrictions on international travel in a bid to stem the spread of new variants of Covid-19 into the country. The country’s largest airlines have agreed to suspend flights to the Caribbean and Mexico for three months, Trudeau said at a press conference in Ottawa. Travellers coming into Canada will now ...

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US airlines renew job warnings as United Air sees 14,000 at risk

Bloomberg United Airlines Holdings notified 14,000 employees that their jobs will be at risk in April after the second round of federal payroll support expires, saying the coronavirus pandemic still weighs heavily on the travel outlook. The new notices cover every work group except pilots, United said. Last month, US airlines recalled furloughed workers after Congress renewed federal aid for ...

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Covid:19: Cuba to force travellers to quarantine

Bloomberg Cuba will make travellers quarantine under a new set of restrictions announced after coronavirus cases surged this month in the Caribbean’s largest island. Tourists, businesspeople and foreign diplomats are among those who will be forced to isolate at their own expense in government-approved hotels upon arriving, according to a statement on the health ministry’s website. Starting from February 6, ...

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Vaccine rollout misses TSA screeners, air-traffic officials

Bloomberg They’re essential workers performing critical safety work and have been assigned priority designation to receive the coronavirus vaccine. Yet tens of thousands of airport security screeners, air-traffic controllers and federal accident investigators who must report to work in spite of the virus ravaging the US haven’t gotten the shot and aren’t sure how and when they will. “It’s incredibly ...

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Southwest seeks to pare costs with leave offer

Bloomberg Southwest Airlines Co is offering another round of voluntary leave as staffing levels remain too high for a flight schedule hammered by the coronavirus pandemic. Time off for employees accepting the offer begins on March 1, when thousands of workers are set to return from six-month leaves awarded last year, Southwest said. Already, 791 pilots have agreed to take ...

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Britain to bring in hotel quarantine system for highest-risk travellers

Bloomberg The UK government will introduce a limited hotel quarantine system for passengers arriving from the highest-risk countries, according to a person familiar with the matter. The move is aimed at curbing the spread of new variants of coronavirus that could prove resistant to vaccines, but is expected to apply to arrivals from countries with new forms of the virus, ...

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HK’s airport authority mulls $1.5b bond sale

Bloomberg Airport Authority Hong Kong is considering raising as much as $1.5 billion in its second dollar bond offering in two months, according to people familiar with the matter. The airport operator kicked off a series of investor calls on Wednesday for the potential offering, said the people who are not authorised to speak publicly and asked not to be ...

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Delta to activate 400 idled pilots over travel optimism

Bloomberg Delta Air Lines Inc will return 400 pilots to full flying status by this summer, betting that the expansion of coronavirus vaccinations will trigger a rebound in travel demand. The plan is “well ahead” of when the company originally estimated it would restore pilots to full active status, John Laughter, Delta senior vice president of operations, said in a ...

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