Bloomberg Travel restrictions brought on by the Covid-19 pandemic continue to slow the re-certification process for Boeing Co’s 737 Max in Europe, even after US aviation regulators moved a step closer to allowing the grounded jet to fly again. The European Union Aviation Safety Agency said it’s still working with Boeing and the US Federal Aviation Administration to find a ...
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EasyJet expands its summer schedule on travel rebound
Bloomberg EasyJet Plc is seeing a stronger than anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights. The stock rose the most in two months after EasyJet said that its aircraft flew 84% full in July. With bookings for late summer ahead of projections the carrier will operate 40% of capacity ...
Read More »Southwest pulls back on jet cleanup to save time
Bloomberg Southwest Airlines Co has scaled back its aircraft-cleaning procedures between flights to prevent reduced staffing and busier operations from keeping aircraft on the ground longer than scheduled. Starting from August 1, Southwest stopped wiping down arm rests and seat belts after every flight, as well as other areas around seats that had been occupied. Tray tables and lavatories, considered ...
Read More »Clock is ticking for Garuda with cash pile thinning fast
Bloomberg Indonesia’s flag carrier needs cash fast as losses soar past a half-billion dollars and unpaid bills pile up, yet negotiations for government aid move slowly and still may not yield enough to cover the shortfall. A first-half loss of $713 million, announced last week, was just the latest piece of bad news for PT Garuda Indonesia. The airline already ...
Read More »Japan Airlines posts its biggest loss since 2012
Bloomberg Japan Airlines Co posted its biggest quarterly net loss in at least eight years and decided to forgo paying an interim dividend as it contends with the devastating impact of the coronavirus. The carrier’s first-quarter loss was 93.7 billion yen ($89 million), the most since it re-listed on the Tokyo stock exchange in 2012 after emerging from bankruptcy. Since ...
Read More »Wizz Air to speed up Airbus jet deliveries following talks
Bloomberg Wizz Air Holdings Plc will accelerate the rate of new-plane deliveries from Airbus SE, taking advantage of deferrals from other customers to feed its own expansion. The Hungarian low-cost airline will receive about 30 A321neo jets in 2021, five more than previously planned, Chief Executive Officer Jozsef Varadi said in an interview. Talks with Airbus included commercial arrangements, he ...
Read More »Air Canada rips Trudeau over rules, may cancel plane orders
Bloomberg Air Canada escalated a fight with the government of Prime Minister Justin Trudeau over the country’s stringent travel rules, threatening to suspend more routes and cancel orders of locally made planes. Chief Executive Officer Calin Rovinescu lambasted the government during the airline’s second-quarter earnings call, saying that current restrictions — especially a mandatory 14-day quarantine for all travellers coming ...
Read More »United pivots to leisure routes in schedule boost
Bloomberg United Airlines Holdings Inc will boost flights modestly in September as it resumes service on more than 25 international routes and begins skewing its network towards leisure traffic. The September schedule will amount to 37% of last year’s level, a slightly higher portion than the plan for August, United said in a statement. Destinations in Mexico and the Caribbean ...
Read More »British Airways pilots take pay cut over job losses row
Bloomberg British Airways pilots accepted a pay cut of 20% in a deal to limit job losses, resolving a bitter dispute at the IAG SA unit as carriers seek to weather the global slump in air travel caused by the coronavirus. Just over one-fifth of the 1,255 redundancies initially planned will now go ahead, and some of those may also ...
Read More »Kenya Air to resume Tanzania flights
Bloomberg Kenya Airways Plc will resume flights to Tanzania after talks by the two nations’ transport ministers, rescinding a decision by the country’s Civil Aviation Authority. The Tanzanian regulator had cancelled plans to allow the airline to resume flights because it said Kenya excluded Tanzanians from the list of nationals allowed into its territory under revised coronavirus restrictions. “We managed ...
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