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Chapter 11

Latam files for bankruptcy protection

Latam files for bankruptcy protectionSANTIAGO - LATAM Airlines Group SA filed for U.S. bankruptcy protection, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis. Latin America's largest airline follows rival Avianca Holdings of Colombia in seeking U.S. bankruptcy protection.»
Yesterday, 06:56

Bond holders put Etihad Airways on notice

Bond holders put Etihad Airways on noticeDUBAI - Owners of $1.2 billion in debt issued by Etihad and other airlines it partly owned have given the struggling Abu Dhabi carrier an ultimatum to agree to a restructuring or potentially face legal action, two sources close to the situation said.»
3 days ago
Empty middle seat?

Depends on which country you are flying in

Depends on which country you are flying in SYDNEY - In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it's not mandatory for airlines to leave the middle seat open. Travellers, airlines and airports are grappling with a hodgepodge of rules put in place.»
4 days ago

Easyjet founder loses bid to oust management

Easyjet founder loses bid to oust managementLONDON - Easyjet said founder Stelios Haji-Ioannou had failed in his attempt to oust key management including the CEO, according to the initial results of a shareholder vote brought over the airline's plan to buy new Airbus planes. Easyjet looks beyond the crisis and wants to maintain all orders.»
4 days ago
Flight PK8303

Airbus A320 crashed in Pakistan

Airbus A320 crashed in PakistanKARACHI - A Pakistan International Airlines Airbus jet with 99 people aboard crashed into a crowded residential district of the city of Karachi on Friday afternoon while approaching the airport. 97 of the 99 on bord people were confirmed to have died, hospital officials told Reuters.»
4 days ago

Air France axes A380, Emirates seen cutting deliveries

Air France axes A380, Emirates seen cutting deliveriesPARIS - The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries. The global A380 fleet nears its end of operation.»
4 days ago
Alan Joyce

Qantas set to ramp up domestic flights without social distancing

Qantas set to ramp up domestic flights without social distancingSYDNEY - Qantas Airways Ltd could restart 40-50% of its domestic capacity in July if states relax border controls, and expects to offer low and flexible fares without social distancing measures to stimulate travel demand, its chief executive said on Tuesday. There are no plans to leave middle seats empty.»
5 days ago

Easyjet to resume flight operations in June

Easyjet to resume flight operations in JuneLONDON - British low-cost airline Easyjet said it would restart a small number of flights on June 15, becoming the latest airline to plan for the return of European travel by making face masks mandatory onboard. Easyjet's planes have been grounded since late March when the novel coronavirus spread across Europe.»
6 days ago

China's BOC to take share of Norwegian Air

China's BOC to take share of Norwegian AirOSLO - Lessors including China's BOC Aviation are now the biggest shareholders in Norwegian Air after the budget carrier completed a debt restructuring and secured a long-sought credit guarantee from Norway's government. BOC Aviation is ultimately owned by the Chinese government, via a series of other companies.»
6 days ago
Audit office

Government's purchase of Air France-KLM shares "irregular"

Government's purchase of Air France-KLM shares AMSTERDAM - A 2019 move by the Dutch government to buy a 14% stake in Air France-KLM was not in accordance with the country's laws, the Netherlands' Court of Audit ruled on Wednesday. Finance Minister Wopke Hoestra paid 774 million euros for the Air France stake in February 2019. The stake is now worth about a third of that.»
6 days ago
Air travel slump

Britain's Rolls-Royce to cut 9,000 jobs

Britain's Rolls-Royce to cut 9,000 jobsLONDON - Britain's Rolls-Royce said it would cut at least 9,000 jobs from its global staff of 52,000 and could shut factories to adapt to the much smaller aviation market that will emerge from the coronavirus pandemic. Rolls-Royce supplies engines for large aircraft such as the Boeing 787 and the Airbus A350.»
6 days ago
United States

Passenger ticket cancellations ease

Passenger ticket cancellations easeHOUSTON - Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more trip reservations than cancellations so far this month. Both companies continue to focus on cutting costs.»

Short News

SAA to resume some flights by June

JOHANNESBURG - South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June as lockdown restrictions aimed at curbing the spread of the coronavirus ease, spokesman Tlali Tlali said on Tuesday.»

Global airlines slam tit-for-tat quarantine rules

PARIS - Global airlines have urged governments to keep politics out of coronavirus border controls after Britain and France became embroiled in a row over reciprocal quarantine rules.»

Ryanair vows to appeal against Lufthansa aid package

DUBLIN - Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday.»

Uzbekistan may hand national airline to foreign firm

TASHKENT - Uzbekistan is considering letting a reputable foreign company manage Uzbekistan Airways, its flagship carrier which has been hit hard by the coronavirus lockdown, President Shavkat Mirziyoyev's office said on Monday.»

Germany and EU clash on Lufthansa

BERLIN - Chancellor Angela Merkel told senior members of her party that the German government would not allow the European Commission to deprive Lufthansa of valuable take-off and landing slots at Frankfurt and Munich airports, Handelsblatt reported.»

India domestic flights to resume

MUMBAI - Domestic flights will resume across India after a day of "hard negotiations", the federal civil aviation minister said, after some states sought to limit the number of flights.»

Brussels to fly 30% of planned European summer schedule

BRUSSELS - Brussels Airlines, a subsidiary of Germany’s Lufthansa, said on Monday it would offer 30% of its original planned summer schedule.»

China says opposes all U.S. restrictions on Chinese airlines

BEIJING - China said it opposes all U.S. restrictions imposed against Chinese airlines, responding to a report that the U.S. Transportation Department has demanded Chinese carriers file their schedules and other flight details by May 27.»

Volotea launches 40 new routes

BARCELONA - Voloteahas launches 40 new routes in all the countries where it is based. In Italy, France, Spain and Greece, Volotea is now offering new domestic flights with 15 exclusive connections. »

Stansted tribute to NHS

LONDON - Stunning visuals lit up the 63 metre NATS Air Traffic Control tower at London Stansted in appreciation to the NHS and key workers.»

Air France must slash domestic traffic

PARIS - Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday.»

Poland to extend ban on international flights until June 6

WARSAW - Poland plans to extend a ban on international flights by two weeks until June 6 due to the coronavirus pandemic, state-run news agency PAP said on Friday citing infrastructure ministry documents.»

Southwest to limit seats sold on each flight through July

DALLAS - Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders.»

FAA to mandate new safety management tools

WASHINGTON - The Federal Aviation Administration said Tuesday it will require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.»

Spain lifts ban on flights from Italy

MADRID - Spain lifted on Tuesday a ban on direct flights and ships from Italy imposed since March 11 to curb the coronavirus, but tourism restrictions and a 14-day quarantine for inbound travellers remained in place.»

South Africa's Comair can be saved

JOHANNESBURG - Administrators in charge of South African aviation company Comair believe there are "reasonable prospects" of saving the company.»

Etihad Airways to cut jobs

ABU DHABI - Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced it to ground flights, according to industry and company sources.»

Thai Airways goes to bankruptcy court restructuring

BANGKOK - Thailand's cabinet approved a plan to bring Thai Airways International Pcl to bankruptcy court for debt restructuring, the prime minister said on Tuesday.»

Delta caps load factors and adds flights

NEW YORK Delta Air Lines will keep planes no more than 60 percent full through at least July, adding more flights to its schedule than demand would usually justify, people familiar with the matter said.»

Airport operator seeks state guarantees for new debt

CAPE TOWN - South African airports operator ACSA needs treasury support to finance up to 11 billion rand ($594 million) of new debt by 2025, the state-owned company said on Monday.»

Delta to resume flying several major routes in June

ATLANTA - Delta Air Lines said on Monday it would resume flying several major routes in June that were suspended due to the COVID-19 pandemic.»

Ryanair CEO: "idiotic" UK mismanaging coronavirus crisis

LONDON - Ryanair Chief Executive Michael O’Leary said the British government had mismanaged its response to the novel coronavirus outbreak for many weeks and its policy on a 14-day quarantine for international travellers was idiotic.»

Air Canada to cut workforce by up to 60 percent

MONTREAL - Air Canada said on Friday it has decided to reduce its workforce by up to 60 percent as the airline tries to save cash amid the pandemic and right size its operations to the level of traffic expected in the mid-to-longer term.»

Air Arabia first quarter profit sinks 45%

DUBAI - Middle East budget carrier Air Arabia reported a 45% fall in first quarter profit on Thursday, blaming the coronavirus pandemic that has crushed travel demand.»

Lufthansa restores routes, targets 1,800 weekly flights

FRANKFURT - Lufthansa plans to resume flights to destinations including Los Angeles and Mumbai next month as it begins to restore some of the capacity grounded by the coronavirus crisis.»



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