CAPE TOWN - South African Airways (SAA) said on Wednesday it might never recover if a strike by labour unions goes ahead this week, underscoring how close the state-owned company is to collapse. The airline had to cancel nearly all its schedule for Friday and Saturday in the wake of industrial action.»
BUDAPEST - Wizz Air lifted the bottom end of its annual profit forecast and further raised its capacity growth outlook, as the budget airline flew more passengers and curbed costs in the first-half, while struggling rivals cut expansion plans. The Airline does not suffer delays caused by the 737 MAX Grounding.»
SEATTLE - Boeing took 10 new plane orders last month, but saw some customers swapping the U.S. planemaker's grounded 737 MAX planes in favor of more expensive wide-body planes as doubts lingered about the MAX's return to service, which the manufacturer expects by January 2020.»
CAPE TOWN - South African Airways (SAA) said it had started consultations with its more than 5,000 staff and was talking to labour unions. The airline has not made an annual profit since 2011 and is grappling with severe funding difficulties and an inefficient and ageing fleet of airplanes.»
WASHINGTON - Boeing on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and its shares jumped as investors grew more hopeful the planemaker had addressed software problems at the heart of two fatal crashes.»
KUALA LUMPUR - The U.S. Federal Aviation Administration (FAA) has downgraded Malaysia's air safety rating, restricting the country's airlines from adding flights to the United States, four sources familiar with the matter told Reuters. Malaysia has been downgraded to Category 2, said the sources, who did not want to be identified.»
SYDNEY - Qantas Airways on Monday pledged to slash its carbon emissions to net zero by 2050, joining British Airways owner IAG as the industry's response to climate change activists gathers momentum. The Australian airline will invest in research on biofuels to cap emissions at 2020 levels.»
BRUSSELS - Nine European Union states have called on the bloc's incoming executive Commission to introduce an EU-wide tax on aviation so as to charge a polluting industry more for its emissions and put all member states on level pegging. The industry set itself an ambitious 2050 target.»
LONDON - The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs. The problem fix will extend into 2023.»
JAKARTA - Lion Air has found structural cracks in two Boeing Co 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for checks, Indonesia's aviation safety regulator said on Friday. The issue becomes a widespread concern among 737 operators worldwide.»
OSLO - Norwegian Air's third fundraising from investors in 20 months could be the airline's final chance to prove it can make money from cheap transatlantic air travel, one of its major shareholders said on Wednesday. It said the money would cover its needs "through 2020 and beyond based on the current business plan".»
LONDON - British Airways owner IAG scaled back its forecast for capacity growth for the next three years on Friday, hitting its outlook for earnings per share as the prospects for the global economy remained weak. The airline group braces for a "soft" 2020 macroeconomic environment.»Discussions on current events and developments in the aviation industry
