Aviation

Bloomberg JetBlue Airways Corp is adding flights from the New York area during Thanksgiving week in a bid to tap an uptick in demand amid the coronavirus pandemic, just as Governor Andrew Cuomo is beefing up enforcement of quarantine restrictions. The 25 nonstop flights will operate between November 20 and November 30 from New York’s John F Kennedy International as ...

Bloomberg Ryanair Holdings Plc said losses are set to worsen this winter as a new wave of coronavirus lockdowns frustrates attempts to bring back flights at Europe’s biggest discount carrier. The shortfall in the fiscal second half, which began on October 1, is set to exceed the 197 million-euro ($229 million) loss of the first six months, Ryanair said in ...

Bloomberg Pilot unions and families of those killed in a crash of Boeing Co’s 737 Max are asking for revisions to proposed new training for the grounded jetliner. The Federal Aviation Administration’s (FAA) proposed new training module and emergency checklists for the Max are “clunky at best” and should be streamlined, the Southwest Airlines Pilots Association said in comments filed ...

Bloomberg All airlines are feeling the coronavirus pinch but one that hasn’t flown since April 2019 after collapsing under a pile of debt is the world’s best performing — at least from a share price point of view. Stock in Mumbai-listed Jet Airways India Ltd has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World ...

Bloomberg Spain’s Ciudad Real airport had become almost obsolete before the Covid-19 outbreak, operating mainly as a drop-off point for hunting enthusiasts keen to visit the region’s renowned country estates. The arrival of the coronavirus ended even that trickle of demand, tearing up the growth plans of the owner, CR International Airport SL. But rather than face the prospect of ...

Bloomberg Comair Ltd, the South African partner of British Airways, said it secured financing from banks, paving the way for the resumption of flights in December. The lenders, which weren’t identified, will provide the airline with new debt facilities and defer interest payments on existing debt, according to a company statement. Comair has also reached an agreement with labor unions, ...

Bloomberg Overseas travel from England that’s not related to work will be prohibited to help curb a resurgence of the coronavirus, throwing airlines into a fresh crisis. The new rules, part of a wider partial lockdown by Prime Minister Boris Johnson, will apply from Thursday until December 2 and come as the industry struggles to survive a collapse in demand. ...

Bloomberg South Africa’s National Treasury has defended a controversial 10.5 billion rand ($641 million) lifeline for its bankrupt national airline, saying that setting it on the path to recovery will entice private investors. “Government is not going to want to hold on to South African Airways (SAA) at all costs,” Treasury Director-General Dondo Mogajane said in an interview after the ...

Bloomberg Berlin’s new airport finally opened its doors, welcoming passengers after an eight-year delay just as fallout from the coronavirus hammers travel demand. Planes from Deutsche Lufthansa AG and Easyjet Plc landed at Berlin Brandenburg Willy Brandt Airport — known by its airport code BER — shortly after 2 pm on October 31 to inaugurate the hub. Regular departures started ...

Bloomberg Boeing Co is almost doubling its planned job cuts as the coronavirus pandemic and prolonged grounding of the 737 Max jet dim prospects for a financial recovery next year. With the outlook for aircraft sales still uncertain, executives abandoned a forecast that Boeing would stop burning cash next year and said they would eliminate an additional 7,000 jobs. That ...