Aviation

Heathrow may cut 2000 jobs on UK rules

Bloomberg London Heathrow airport said it may need to cut one-third of its workforce if the UK government doesn’t indicate soon that it plans to relax a quarantine rule for incoming passengers. Europe’s busiest air hub, which employs 7,000 people, has eliminated a third of operating costs and management posts while resisting permanent job cuts among frontline staff, Chief Executive ...

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US limits China’s airlines to two weekly flights over spat

Bloomberg The Trump Administration, in the latest move ratcheting up tensions in US-China trade, said that the nation had continued to violate airlines’ rights by restricting flights and ordered new limits on its carriers. Responding to a move by China to limit US passenger airlines to one flight per week each, the US Department of Transportation said it would only ...

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Avianca may get aid over ‘state measures’

Bloomberg An emergency measure allowing Colombia’s government to take equity stakes in private companies opens the door for a bailout of the nation’s largest airline, Avianca Holdings SA, which declared bankruptcy last month amid an unprecedented downturn in travel. The new regulation, which permits the government to take minority positions in companies that have been impacted by the sharp economic ...

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Delta to pause flights to 11 cities in reminder of US weakness

Bloomberg Delta Air Lines Inc will drop service to 11 midsize US cities next month amid weak demand because of the Covid-19 pandemic, a reminder of the industry’s fragility after a record stock rally. The service suspensions affecting cities from Aspen, Colorado, to Bangor, Maine, will help lower costs, Delta said in a statement. The affected airports are among 75 ...

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Boeing heads for $35b weekly gain in airline rally’s wake

Bloomberg Boeing Co is heading for its best week in more than two months as surprise job gains and airline bookings signal that demand for air travel — and jetliners — is poised to recover from a historic plunge. The US planemaker’s status among investors has recently flipped to darling from market pariah, although analysts caution that Boeing still faces ...

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China to ease ban on foreign airlines after US retaliates

Bloomberg China will ease its ban on foreign airlines starting from June 8, changing course a day after the Trump administration demanded the country reopen to US airlines or face curbs on its own carriers flying passengers to America. Foreign airlines excluded from an earlier pact will be able to operate one commercial passenger flight to China a week, the ...

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Delta to block middle seats through Sept 30

Bloomberg Delta Air Lines Inc will block middle seats on all its aircraft through September 30, extending the policy for three months to soothe passenger fears about contracting the coronavirus. The carrier will switch to larger planes or add flights on high-demand routes that approach seating limits, Delta said in a statement. The Atlanta-based carrier previously guaranteed empty middle seats ...

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Coronavirus: UK warns British Airways over aggressive job cuts

Bloomberg The UK government warned British Airways (BA) it risks losing valuable airport landing slots after deciding to let go 12,000 staff while claiming government money to protect jobs during the coronavirus pandemic. An aviation debate in parliament was dominated by concerns about the former flag-carrier’s plans to slash its workforce. Transport Minister Kelly Tolhurst, responding to questions from lawmakers, ...

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Spain requests probe into all cancelled airline trips

Bloomberg The Spanish government has found that airlines aren’t complying with European Union rules for reimbursements over cancelled trips, according country’s Consumer Ministr Alberto Garzon. “Airlines aren’t giving travelers the chance to request reimbursements,” Garzon said in an interview with state-tv TVE. Government has made a legal request for a “court to investigate the situation,” he said, adding that he ...

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Rolls-Royce plans 3,000 UK job cuts as aviation contracts

Bloomberg Rolls-Royce Holdings Plc plans to eliminate 3,000 jobs in the UK this year, the first wave of cuts that could ultimately see the jet-engine maker emerge from the downturn a much smaller business. The London-based manufacturer said it expects to trim a total of 8,000 positions from the aviation division. This would make up the bulk of the 9,000 ...

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