Airbnb will institute a hiring freeze and postpone its marketing as the company deals with the impact of the coronavirus pandemic, a person knowledgeable with the matter said, who asked to remain anonymous, according to CNBC. The founders of the company will also be taking on no salary and its executives will take half salary for the […]
Aviation
All aviation related articles.
Cathay Pacific faces ‘substantial loss’ due to coronavirus
Cathay Pacific Airways, among Hong Kong’s most prominent businesses, warned Wednesday it is dealing with a “substantial loss” in the first half of this year because of the coronavirus outbreak after last year’s profit dropped amid anti-government protests. The Chinese territory’s main airline canceled 90% of its flight capacity to the mainland China at the […]
Coronavirus outbreak could cost airlines $113 billion, says airline industry group
The International Air Transport Association states the coronavirus outbreak that started in China could cost airlines as much as $113 billion in lost revenue because of the collapse of air travel. Representatives of the airline industry group stated Thursday after a working meeting in Singapore that the industry urgently needs assistance from governments in waiving […]
FAA seeks $19.7 million fine against Boeing over sensors
Federal regulators seeks to fine Boeing $19.68 million for setting up sensors that the agency states might not have been compatible with a system pilots use to observe instrument readings. The sensors make it possible for pilots to utilize “heads-up” systems that display altitude, airspeed and other details on a glass screen in front of […]
Airbus defense unit plans to cut over 2,300 jobs
Airbus has announced that its defense and space division prepares to cut 2,362 jobs by the end of 2021, due to “a flat space market and postponed contracts on the defense side”. In a statement, the aircraft maker stated its defense and space unit has entered the consultation process with the firm’s European works council […]
Airbus sees no short-term benefit from Boeing MAX problems
Airbus’ CEO stated Thursday that his company observes no short-term benefit from Boeing’s troubles with its grounded 737 MAX due to the rivaling A320 being sold out years ahead. CEO Guillaume Faury stated that safety has been a major concern in the industry. He made the comments during the company’s earnings news conference after it […]
Cathay Pacific asks staff to take unpaid leave because of coronavirus
Cathay Pacific Airways asked its 27,000 workers last week to take three weeks of unpaid leave as the Hong Kong carrier is having a hard time following plunging revenue because of coronavirus outbreak. In a video message to workers, CEO Augustus Tang stated the situation is as grave as the 2009 financial crisis. On Tuesday, […]
American Airlines and Delta Air Lines suspend flights related to China
American Airlines and Delta Air Lines suspend all flights to and from China as the virus called coronavirus spreads. Delta stated it will suspend flights between the United States and China beginning on Sunday until at least April 30, according to a press release. American Airlines has canceled all flights to mainland China. It confirmed […]
Delta Air Lines fined $50,000 for booting off 3 Muslim passengers
Delta Air Lines is being fined $50,000 for asking three Muslim passengers to get off planes even after the airline’s own security officials had cleared them to travel. Delta rejected that it discriminated against the passengers in two different incidents but agreed it could have managed the situations differently, according to a consent order issued […]
New regulations could bump emotional-support animals from planes
The times of passengers bringing their pets on airplanes as emotional-support animals could be seeing its end soon. The U.S. Department of Transportation on Wednesday proposed that only specially trained dogs eligible as service animals, which must be permitted in the cabin at no charge. Airlines could prohibit emotional-support animals including untrained dogs, cats and […]
Boeing doesn’t expect clearance of Max by federal regulators until summer
Boeing stated Tuesday that it has no expectation if federal regulators will approve its changes to the grounded 737 Max until this summer, several months longer than the company was telling only a few weeks ago. That timetable — the recent of several delays in the plane’s approval process — will cause more troubles for […]
United Airlines increases profit on more revenue, cheaper fuel
United Airlines reported Tuesday that higher revenue and cheaper fuel helped increase its fourth-quarter profit by almost 40%, to $641 million. The airline’s forecast of first-quarter earnings has beaten Wall Street expectations. It is kinda unclear sailing for United, however. The financial report came the same day that United shares fell on the fear that […]
Damage to historic Vietnam-era helicopter hit by car exceeds $6 million
A South Carolina aviation foundation is attempting to raise money to fix a historic Vietnam War-era attack helicopter following the incident in which the State Highway Patrol accused a man of crashing into it while driving drunk. The man behind the wheel was detained for driving under the influence of alcohol, a Highway Patrol community […]
2019 becomes third safest year for commercial aviation, shows data
Preliminary data confirms that 2019 saw less commercial aviation accidents than 2018 and other six years. The total deaths because of commercial aviation accidents in 2019 were 293, according to preliminary data, thus making it the third safest year on record. The Germany-based Jet Airliner Crash Data Evaluation Centre (JACDEC) reports that over a half […]
Civil aviation of Tibet receives over 5 million passengers
The yearly passenger throughput of civil aviation in southwest China’s Tibet Autonomous Region surpassed the figure of 5.72 million in 2019, increasing 7.57 percent year on year, according to the Tibet branch of the Civil Aviation Administration of China (CAAC). The report came on Tuesday. As of December 30, Tibet’s civil aviation experienced 52,631 flights […]
