Aviation

UK reopening lags Europe due to quarantine: EasyJet

Bloomberg EasyJet Plc said a travel restart in the UK is lagging behind the rest of Europe because a 14-day quarantine for people arriving in Britain puts off would-be travellers from flying. The Luton, England-based carrier is seeing strong demand away from its home market, Chief Executive Officer Johan Lundgren said in a Bloomberg TV interview on Monday. EasyJet, which ...

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Germany’s Condor to cut up to 1,000 jobs

Bloomberg German airline Condor will cut about 15% to 25% of its staff in an attempt to slash operating costs amid the ongoing coronavirus crisis, CEO Ralf Teckentrup told Frankfurter Allgemeine Sonntagszeitung. The carrier formerly owned by failed travel firm Thomas Cook Group Plc plans to shed “between 650 and 1,000 jobs,” a move Teckentrup said was in line with ...

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Lawmakers say British Airways job cuts a ‘national disgrace’

Bloomberg UK lawmakers lashed out at British Airways over plans for 12,000 job cuts, saying the carrier had sought to exploit the coronavirus crisis to slash headcount and weaken employment terms for remaining staff. The House of Commons transport committee said in a report on the pandemic’s impact on aviation that while some workforce reductions were inevitable, BA had made ...

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China Eastern announces plan to create new carrier

Bloomberg China Eastern Airlines intends to establish a new airline in Hainan along with a group of other investors to take advantage of planned free-trade area and tourism growth, it says in a filing to the Hong Kong stock exchange. Shanghai-based carrier would be the majority shareholder in Sanya International Airlines. Other backers include the governments of Hainan province and ...

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Portugal wants more power over TAP

Bloomberg The Portuguese government wants more control over the stricken airline TAP SGPS SA in exchange for a rescue loan of as much as 1.2 billion euros ($1.4 billion), Expresso reported. The government, which already controls 50% of TAP, is in talks with private shareholders about the loan and should get a response early next week, the weekly newspaper said, ...

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Johnson faces fury of Europe’s three biggest airlines in court

Bloomberg It’s not often rival carriers join forces on anything in the competitive aviation industry. But last week, three of Europe’s biggest airlines teamed up to sue the UK government over plans to force visitors to self-isolate for 14 days. British Airways, EasyJet Plc and Ryanair Holdings Plc said they asked for London judges to hear a case against the ...

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Air Namibia’s future in doubt as leader runs out of patience

Bloomberg Air Namibia grounded all international flights not already wiped out by the coronavirus after the country’s president, Hage Geingob, said the state carrier should be liquidated. The southwest African nation’s carrier has received about 8.3 billion Namibian dollars ($485 million) in government funding over the past two decades and Geingob said earlier this month the country “cannot afford to ...

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Inside $5bn ‘Apollo’ deal to salvage Hong Kong’s Cathay

Bloomberg The code name was “Apollo.” Its mission was to keep Cathay Pacific Airways Ltd alive. Hong Kong’s dominant airline had been in financial strife for months, its strong start to 2019 a distant memory. Social unrest in the city triggered a slump in passengers through the second half of last year. Then came the coronavirus pandemic, which forced Cathay ...

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UK unveils ‘jet zero’ plan on aviation emissions

Bloomberg The UK aims to drive down greenhouse gas emissions from aviation to make carbon-free transatlantic flights possible within a generation, Transport Secretary Grant Shapps said. Shapps said he has formed a group bringing together leaders from aviation, environmental groups and government to form the “Jet Zero Council,” as he seeks to rebuild the industry in the wake of the ...

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Boeing nears milestone for Max with key flight in June

Bloomberg Boeing Co is closing in on a key milestone towards returning its beleaguered 737 Max to the commercial market, targeting later this month for hosting US regulators on a flight to test the jet’s upgraded systems. The company separately is notifying airlines of an important fix to the grounded jetliner’s wiring, said two people familiar with the planning who ...

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