Tag: Airlines (TRBC)

Airbus jobs on wire as underlying output falls 40%: sources

PARIS (Reuters) – Airbus (AIR.PA) is looking to hold underlying jet output at 40% below pre-pandemic plans for two years, an approach which adds new...

Lufthansa, German government agree on $9.8 billion rescue package: sources

FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached...

U.S. agencies ask FCC to rescind Ligado spectrum decision

FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – A group of U.S....

U.S. senators urge Delta, JetBlue to restore employee hours

(Reuters) – A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees’...

Britain’s Rolls-Royce to axe 9,000 jobs in air travel slump

LONDON (Reuters) – Rolls-Royce (RR.L) plans to cut at least 9,000 jobs, or more than a sixth of its workforce, in the latest blows to...

Exclusive: Delta will add flights to keep planes no more than 60% full as demand rises – sources

(Reuters) – Delta Air Lines Inc (DAL.N) will keep planes no more than 60% full through at least July, adding more flights to its schedule...

China asks United States to stop ‘unreasonable suppression’ of Huawei

FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo BEIJING/HONG...

Canada’s Trudeau to look at possible further aid for airlines, after Air Canada layoffs

WINNIPEG, Manitoba (Reuters) – Canadian Prime Minister Justin Trudeau said on Saturday he would look at possible ways to help airlines further, but laid out...

32 U.S. senators urge FCC to reconsider Ligado spectrum order

WASHINGTON (Reuters) – A bipartisan group of 32 U.S. senators on Friday urged the Federal Communications Commission to reconsider a decision to allow Ligado Networks...

Temperature checks, masks the new normal for air travel, says Dubai airport CEO

DUBAI (Reuters) – Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing...

Brazil’s Gol values Boeing’s 737 MAX compensation at up to $412 million

SAO PAULO (Reuters) – Brazil airline Gol Linhas Aereas Inteligentes (GOLL4.SA) said on Wednesday it will receive up to 2.4 billion reais ($412 million) from...

Mitsubishi slashes SpaceJet budget, drops variant

(Reuters) – Mitsubishi Heavy Industries (7011.T) (MHI) said it was more than halving the annual development budget for its SpaceJet regional jet as the coronavirus...

Contact tracing, temperature checks and masks: airline industry outlines new norms

MONTREAL/SYDNEY (Reuters) – Airlines and airports are recommending a layered approach to temporary safety measures as air travel restarts, warning that no single measure can mitigate...

EasyJet founder offers $6 million reward for help in cancelling Airbus order

LONDON (Reuters) – EasyJet (EZJ.L) founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its...

Britain’s embattled aviation industry demands alternative to quarantine

LONDON (Reuters) – Britain’s aviation industry called on the government to find an alternative to quarantine plans for international arrivals, or risk seeing airlines and...

Emirates to raise debt as it doesn’t see travel recovering for at least 18 months

DUBAI (Reuters) – Emirates, one of the world’s biggest long-haul airlines, will raise debt to help it through the coronavirus pandemic that has shattered global...

Major U.S. airlines endorse temperature checks for passengers

WASHINGTON (Reuters) – A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers...

Planemakers delay deliveries as crisis hits manufacturing: Air France-KLM CEO

PARIS (Reuters) – Planemakers Airbus (AIR.PA) and Boeing (BA.N) have asked Air France to delay taking some wide-body jets after a manufacturing slowdown caused by...

United Airlines to cut 30% of management in October, preparing pilot changes too: company memos

(Reuters) – United Airlines Holdings Inc (UAL.O) plans to cut at least 3,400 management and administrative positions in October as the coronavirus pandemic crushes air...

Norwegian Air shareholders back rescue plan: reports

OSLO (Reuters) – Norwegian Air (NWC.OL) shareholders backed key elements of its financial survival plan on Monday, local media reported, with about 95% of votes...

U.S. airlines now requiring masks, promise more safety measures

(Reuters) – With the largest U.S. airlines now set to mandate – and provide – facial coverings for all passengers over the next two weeks,...

Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

(This May 2 story has been refiled to correct the spelling of “towel” in second paragraph) Warren Buffett addresses shareholders at the annual meeting of...

Berkshire sells entire stakes in U.S airlines: Buffett

(Reuters) – Berkshire Hathaway Inc (BRKa.N) sold its entire stakes in the four largest U.S. airlines in April, Chairman Warren Buffett said Saturday at the...

Buffett’s Berkshire posts nearly $50 billion loss as coronavirus causes pain

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion...

AirAsia to halt Airbus deliveries and review orders

KUALA LUMPUR/SYDNEY/PARIS (Reuters) – AirAsia Group (AIRA.KL), one of Europe’s top five corporate export customers, will stop taking deliveries of Airbus (AIR.PA) jets this year...