Aviation

Bloomberg JetBlue Airways Corp expects to avoid involuntary job cuts among at least some employee groups because enough workers have accepted voluntary leave or early-out programs to match the carrier’s scaled-down operations. More than enough volunteers have come forward in the customer support department, the airline said in a memo to workers seen by Bloomberg News. JetBlue also confirmed an ...

Bloomberg Air France-KLM plans to cut more than 7,500 jobs at its French arm, amid warnings that its future is on the line. Europe’s second-biggest airline will eliminate 6,560 positions at its Air France flagship, while its regional carrier Hop! will lose 1,020 posts, the company said in a statement. The cuts will take place over the next three years. ...

Bloomberg Kenya Airways Plc started a three-month round of job cuts as lawmakers debate a bill to nationalise the carrier and its losses mount due to the impact of the coronavirus pandemic. The process is expected to be completed by September 30, Chief Executive Officer Allan Kilavuka said in a memo to employees, without providing the number of workers to ...

Bloomberg British Airways parent IAG SA settled a dispute with the UK over a policy to force visitors to self-isolate for 14 days, agreeing to withdraw the London litigation when the government updated its plan. The agreement came together just four hours after proceedings began in London’s High Court. British Airways attorney Tom Hickman said the carrier agreed to drop ...

Bloomberg Rolls-Royce Holdings Plc, the British jet-engine maker, is exploring options to raise funds that would help fortify the company against a downturn in the aerospace industry. The London-based company is in the early stages of reviewing a range of options to strengthen its balance sheet, it said in a statement, confirming a Bloomberg News report. “No decisions have been ...

Bloomberg Ultra low-cost tickets priced at less than 10 euros ($11.25) each are harming the aviation industry’s reputation, Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said in an interview with Swiss daily Neue Zuercher Zeitung. “Tickets for 9.99 euros are ecologically and economically irresponsible,” Spohr, 53, was quoted as saying. He also said Europe’s largest airline will seek financing ...

Bloomberg American Airlines Group Inc told flight attendants it has as many as 8,000 more of them than it needs, and said it would offer more leave programs and a voluntary separation package to try to minimise the need for furloughs. The airline also will reduce staffing on international and cross-country flights to the minimum required by federal regulations, plus ...

Bloomberg Grupo Aeromexico SAB, Mexico’s second-largest airline, filed for bankruptcy in the US, becoming the latest in a string of Latin American carriers to seek court protection after the Covid-19 pandemic caused a severe downturn in travel. The carrier will “continue operating and use Chapter 11 as a way to strengthen its financial position and liquidity,” according to a statement ...

Bloomberg Testing of the 737 Max jetliner’s revised flight-control systems by US regulators and Boeing Co wrapped up, laying the foundation for the plane’s possible return to service later this year. The tests concluded an important milestone in assessing the grounded aircraft’s safety, the Federal Aviation Administration said in a statement. “During three days of testing this week, FAA pilots ...

Bloomberg Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs as it attempts to steer through the crisis brought on by the coronavirus pandemic. The European planemaker will eliminate more than 10,000 positions across its main bases in Germany and France, part of an 11% reduction in global headcount, according ...