Aviation

Bloomberg Qantas Airways Ltd and Air France-KLM became the latest airlines to announce massive cuts in flights as the coronavirus impedes travel. Qantas cut almost a quarter of its international flights for six months, grounded most of its giant A380 jets and slashed management pay as the outbreak hammers demand for travel. Air France said it plans to cancel 3,600 ...

Bloomberg Federal regulators hit Boeing Co with proposed fines totalling $19.7 million for allegedly installing unapproved cockpit equipment in hundreds of 737 Max and Next-Generation aircraft. The company put the devices into a total of 791 planes even though the aircraft weren’t certified for the devices, the Federal Aviation Administration (FAA) said in a press release. The fine would be ...

Bloomberg Thailand’s aviation regulator said airlines should ask passengers coming from high-risk territories for health certificates to establish they are free of the new coronavirus. Travellers who can’t provide documentation should be prevented from boarding flights to the Asian nation, according to a Civil Aviation Authority of Thailand notice posted. Carriers are liable for treatment costs if they fly in ...

Bloomberg Deutsche Lufthansa AG fell with other airline stocks after saying it was looking into government support amid the “immense” fallout from the coronavirus, which could burden travel demand for months. To avoid layoffs after slashing capacity by as much as 50%, the airline is examining the implementation of so-called short-time work, the company said in an emailed statement to ...

Bloomberg Air traffic in the Asia Pacific is set to plunge 24% in the first three months of this year because of the coronavirus’s impact on travel, erasing $3 billion in revenue for the region’s airports, a regional industry group said. “Unlike airlines, who can choose to cancel flights or relocate their aircraft to other markets to reduce operating costs, ...

Bloomberg Coronavirus has reached UK’s busiest airport, after two British Airways baggage handlers at London Heathrow tested positive for the disease. The affected workers are recovering in isolation at home, British Airways parent IAG SA said in an email. A small number of the luggage handlers’ colleagues are also being tested, a person familiar with the matter said. The outbreak’s ...

Bloomberg One year after losing his wife in the Boeing Co 737 Max crash in Ethiopia, it’s the lack of information about what happened that is prolonging Bayihe Demissie’s grief. More than 500 family members of victims of the disaster will gather at the crash site outside the capital, Addis Ababa, to commemorate the first anniversary of the tragedy. As ...

Bloomberg Airbus SE is considering a cut in A330neo jet production after the wide-body’s biggest customer said a coronavirus-driven slump in travel had forced it to defer deliveries, according to people familiar with the matter. The planemaker may make a decision as soon as this month, the people said, asking not to be identified because the deliberations are private. In ...

Bloomberg The coronavirus outbreak couldn’t have come at a worse time for PT Garuda Indonesia, pummeling demand at the flag carrier just as it faces a debt bill for half a billion dollars. Debt market concern about sagging travel demand and the impact of financial market turmoil has caused Garuda’s $500 million notes due on June 3 to tumble to ...

Bloomberg An outbreak of four coronavirus cases tied to a Vietnam Airlines flight from London to Hanoi triggered hoarding in the Southeast Asian country’s capital, the lockdown of a central city neighbourhood and the home quarantine of an investment minister aboard the aircraft. A growing sense that the virus may be bypassing Vietnam, which hadn’t reported an official case in ...