All Airlines articles – Page 318
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NewsTransat to lay off 70% of Canadian staff as it halts flights in April
Canadian leisure carrier Air Transat will suspend all flights on 1 April, while its parent Transat AT is laying off some 3,600 Canadian employees due to the coronavirus crisis.
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NewsUAE halts all passenger flights for two weeks
All inbound, outbound and transit passenger flights to and from the United Arab Emirates – home to one of the world’s busiest hubs – are to be suspended for two weeks.
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NewsSIA grounds almost entire fleet in ‘greatest challenge’ ever
Singapore Airlines will slash schedules and ground almost all aircraft, as the coronavirus pandemic presents “the greatest challenge that the SIA Group has faced in its existence”. Due to the further tightening of border controls globally, SIA will cut 96% of scheduled capacity until end-April and ground 138 of 147 ...
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NewsNew Zealand implements four-week lockdown
New Zealand will go into lockdown for four weeks starting 25 March to halt the spread of the coronavirus. “These decisions will place the most significant restriction on New Zealanders’ movements in modern history,” prime minister Jacinda Ardern stated in a public address today. “This is not a decision taken ...
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NewsAustralian carriers plan capacity cut on domestic travel curb
Virgin Australia and Qantas expect further changes to their schedules after the Australian government advised against domestic travel to slow the spread of the coronavirus. Virgin Australia said in statement to the stock exchange today: “The Virgin Australia Group acknowledges the additional Covid-19 related travel restrictions announced by the ...
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NewsEasyJet cancels 90% of flights from 24 March
EasyJet will ground the majority of its aircraft from 24 March because of the coronavirus-related travel restrictions in force across its network. The carrier will continue to operate rescue flights to repatriate customers, but anticipates this will mostly be complete by 23 March. “These are unprecedented times for the airline ...
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NewsS&P cuts European airlines’ credit ratings
S&P Global has lowered its ratings for EasyJet, Ryanair, Lufthansa, IAG, British Airways, Air Baltic, Turkish Airlines and SAS, and placed them on alert for further downgrades as the coronavirus hurts their liquidity positions. “The pandemic materially threatens the credit quality of European airlines and poses serious challenges for the ...
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NewsAirAsia reinstates Fernandes, Meranun citing independent probe
AirAsia Group reinstated Kamarudin Meranun and Tony Fernandes to their previously vacated positions on 20 March, after the low-cost carrier and its long-haul sister AirAsia X completed an independent probe into Airbus bribery allegations. The was conducted following an investigation into Airbus over corruption allegations. UK court documents list five ...
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NewsA321 uncontained failure spurs urgent V2500 disk measures
Operators of Airbus A320-family jets are being ordered to remove disks from certain International Aero Engines V2500 powerplants after an uncontained failure resulted in an aborted A321 take-off. The incident occurred on 18 March, says the US FAA, and involved a high-pressure turbine first-stage disk failure. While the regulator has ...
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NewsAirline CEOs promise no furloughs if aid flows quickly
US airline chief executives have told Congress that government aid must flow quickly to avoid mass layoffs and furloughs as a result of the coronavirus pandemic, while promising to limit executive pay and stop share buyback programs.
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Airline BusinessWeek of 16 March in review: North American carriers reel from coronavirus fallout
The aviation and aerospace industry in North America experienced the most dramatic week since the days and weeks following the terrorist attacks of 11 September 2001.
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NewsTrump suggests airline aid package could restrict stock buybacks
President Donald Trump supports imposing stock buyback restrictions on companies that receive financial aid as part of the federal government’s coronavirus recovery package.
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NewsAir Canada temporarily lays off 5,100 cabin crew: union
Air Canada is reportedly temporarily laying off 5,100 cabin crew as the coronavirus hits its business, forcing it to ground aircraft and take significant capacity out of its network.
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NewsEuropean flight activity halves under coronavirus onslaught
Flight activity in European airspace has deteriorated by more than 50% compared with the same point last year, the latest data from air navigation organisation Eurocontrol reveals. The average daily number of flights for March 2019 reached 27,362. But the daily figure sank below the halfway point on 18 March ...
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NewsEuropean Council approves plan to waive slot rule until October
The European Council has approved a plan to suspend rules that force airlines to continue operating 80% of flights at certain EU airports in order to maintain slots.
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NewsSpain’s Volotea grounds fleet until 8 April
Volotea has announced the temporary grounding of its entire fleet until at least 8 April, sending home 1,100 of its employees in Spain, France and Italy over this period.
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NewsSouth African Airways suspends all international services
South African Airways is immediately cancelling all international services until the end of May.
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Airline BusinessWhich European carriers are suspending all flights because of coronavirus
European carriers have over the past week been announcing increasingly large cuts to their services, as country’s tighten their border controls. A number have called a halt to flights altogether for the coming weeks - or will just operate a few flights to accomodate returning nationals
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NewsGovernments could offer certainty by taking Airbus deliveries: research note
Governments should buy up to 600 aircraft from Airbus over the next three years, as a measure to sustain the airline and aerospace industries, according to a research note from US financial services firm Jefferies Group. Airbus deliveries might fall to some 600 aircraft per year – compared with 863 ...
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NewsLondon Heathrow operations to ‘shrink’ during outbreak
London Heathrow is to restructure and “shrink” the hub’s operations while the coronavirus situation persists, the airport’s operator has advised. The airport will remain open, enabling vital freight services – as well as a limited number of passenger services – to continue. But the operator warns that its financial performance ...