Aviation

Bloomberg The pandemic aid package negotiated by Congressional leaders includes $15 billion to reinstate payroll reimbursements to airlines that expired two months ago, according to two people familiar with the legislation. The legislation is similar to provisions in an earlier pandemic aid package that expired on October 1, which barred layoffs and came with other restrictions. The tentative agreement also ...

Bloomberg A Federal Aviation Administration (FAA) test to gather data on returning the Boeing Co 737 Max to service was improperly influenced by the company, according to a US Senate investigative report. The 101-page report, based on a whistle-blower account, alleged that the FAA and Boeing officials were attempting to create “a pre-determined outcome” by essentially coaching pilots before testing ...

Bloomberg Ireland’s Ryanair Holdings Plc has cancelled some UK domestic services after it said the country’s Civil Aviation Authority (CAA) imposed rules that made the operation of those flights impossible. The CAA said the rules weren’t new. The CAA said that it was incorrect for Ryanair to state that the authority has changed its policy at short notice, saying that ...

Bloomberg British Airways and Virgin Atlantic Airways Ltd aren’t offering refunds to passengers who cancel year-end trips because of new UK coronavirus rules, even as regulators investigate airlines’ earlier refusal to hand cash back to customers caught in lockdown. IAG SA-owned BA will grant ticket holders a voucher or let them switch to a later date, it said in an ...

Bloomberg The rollout of vaccines against Covid-19 has intensified debate about whether they should be made mandatory, with the head of a major tourism lobby saying that doing so would cause irreparable harm to the struggling sector. “I don’t think governments will require vaccination next year” for travel, Gloria Guevara, head of the World Travel and Tourism Council, said at ...

Bloomberg Canadian transportation authorities validated changes to Boeing Co’s 737 Max ordered by US regulators, putting the jetliner a step closer to flying again in the northern nation. In a statement, Transport Canada said it has completed its review of design fixes mandated by the Federal Aviation Administration in November — calling it “an important first step” towards re-certification. The ...

Bloomberg Cathay Pacific Airways Ltd carried just 37,815 passengers in November, down 98.6% from a year earlier, and warned that its second-half losses will be significantly worse than the HK$9.9 billion ($1.3 billion) hemorrhage in the first six months. Average passenger capacity in the second half is only likely to be 8.4% of pre-pandemic levels, compared with 34.3% in the ...

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said a UK split from the European Union without a trade deal could threaten the planemaker’s investment plans in the country. Decisions would be made based on how easy it is to conduct business after Brexit, he said at the Conference of Montreal. In the meantime, the company has no plans to ...

Bloomberg Qantas Airways Ltd’s low-cost carrier Jetstar said it will operate a record number of flights in Australia early next year as demand rebounds to higher than pre-pandemic levels. With fewer than 50 active Covid-19 cases, Australia is experiencing a domestic holiday boom as internal travel restrictions ease. The scale of the recovery suggests air passenger traffic, which has been ...

Bloomberg Air India Ltd has received early bids from the Tata Group and a cohort of its own employees as the government tries to rescue its loss-making flag carrier. Tata Sons Ltd, the holding company of the conglomerate that controls Jaguar Land Rover and part-owns Air Asia Co’s Indian unit, has submitted an expression of interest, according to people with ...