The carrier will continue to limit the number of people on its planes beyond September. So far Delta Air Lines airline has been capping the amount on board its flights to be less than 60% of capacity. It is intending to limit the spread of coronavirus and impose some form of social distancing. Chief Executive […]
Aviation
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American Airlines seeks $3.5 billion in new financing to improve liquidity
American Airlines Group Inc stated on Sunday it prepares to secure US$3.5 billion in new financing, to improve the airline’s liquidity as it deals with travel restrictions led by the coronavirus crisis. The company prepares to raise $1.5 billion by selling shares and convertible senior notes due 2025, the airline stated. Furthermore, the airline said […]
Britain’s Rolls-Royce to cut 9,000 jobs as air travels decline
Rolls-Royce plans to slash at least 9,000 jobs, or over a sixth of its workforce, in the recent blows to the UK economy and aviation industry has been hit by the ongoing coronavirus crisis. The company makes engines for planes including Boeing 787 and Airbus 350. It said on Wednesday it could also shut down […]
Airbnb freezes hiring and suspends marketing as coronavirus spreads
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 […]
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 […]
