Airlines

Airlines
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.
Airlines
3 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.
Fleets
3 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.
Airlines
4 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.
United States
5 days ago

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.
Airlines
6 days ago

Easyjet hit by cyber attack

Easyjet hit by cyber attackLONDON - British budget airline Easyjet said on Tuesday hackers had accessed the email and travel details of around nine million customers, as well as the credit card details of more than 2,000 of them, in a "highly sophisticated" attack. The news means the airline could face a hefty fine.
Airlines
7 days ago

Ryanair cuts 2021 traffic target

Ryanair cuts 2021 traffic targetDUBLIN - Ryanair on Monday reported a profit after tax of 1 billion euros ($1.08 billion) for the year to March 31, but said it was unable to provide a forecast for the current year due to COVID-19 and cut its annual passenger traffic target by a further 20 percent.
Covid-19
7 days ago

Emirates flags job and fleet cuts

Emirates flags job and fleet cutsDUBAI - Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30% from more than 105,000 at the end of March, Bloomberg News reported on Sunday.
Quarantine requirements
7 days ago

Virgin Atlantic unlikely resume flights until August

Virgin Atlantic unlikely resume flights until AugustLONDON - Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14-day quarantine for travellers, according to a source at the airline. The introduction of a quarantine on travel into the UK would add further pressure on its finances.
Covid-19
Older than 7 days

Wizz Air tells UK: we need more detail on quarantine

Wizz Air tells UK: we need more detail on quarantineLONDON - Wizz Air needs more details on British plans to quarantine travellers before it can assess their impact after seeing strong demand for the routes it has started operating during the coronavirus crisis, its chief executive told Reuters. The British aviation community warns of further damage.
Airlines
Older than 7 days

Ryanair weights July reopening of flight schedule

Ryanair weights July reopening of flight scheduleDUBLIN - Ryanair is to recommend that all passengers wear face masks on board when it reopens 40 percent of its flight schedule and 90 percent of its route network on July 1 and customers will be required to ask crew to use the toilet, Europe's largest low-cost carrier announced on Tuesday.
Qatar Airways
Older than 7 days

"There will be demand"

DOHA - Global travel demand will take years to recover from the coronavirus pandemic and many business travellers may never return to the skies, the head of Qatar Airways said on Monday. State-owned Qatar Airways has been one of few airlines to continue regular flight to around 30 destinations.
Airlines
Older than 7 days

Avianca driven to bankruptcy by coronavirus

Avianca driven to bankruptcy by coronavirusBOGOTA - Avianca Holdings, Latin America's second-largest airline, filed for bankruptcy on Sunday, after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia's government have so far been unsuccessful. The airline ranks among the oldest carriers in the world.
Bill Franke
Older than 7 days

Low air fares no panacea for Covid-19 crisis

Low air fares no panacea for Covid-19 crisisLONDON - Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown. Franke is mulled to prepare a crisis investment.
Covid-19
Older than 7 days

IAG to restructure across the board

IAG to restructure across the boardLONDON - Smaller post-pandemic market: IAG, the owner of British Airways, Iberia, Vueling and Aer Lingus, must cut costs across the board to weather the coronavirus crisis as air travel won't return to normal until at least 2023, its chief executive Willie Walsh said on Thursday.
Covid-19
Older than 7 days

Heathrow expansion plans face 5 year setback

Heathrow expansion plans face 5 year setbackLONDON . Britain risks destroying its aviation sector and smothering any broader economic recovery after it failed to follow the likes of the United States and France in propping up its airlines, the head of London Heathrow Airport warned as airport expects a significant delay in the construction of a third runway.
Covid-19
Older than 7 days

IAG says CEO Willie Walsh to stay until September

IAG says CEO Willie Walsh to stay until SeptemberLONDON - IAG said that chief executive Willie Walsh would stay on until September to steer it through the crisis, and that it was planning for flights to return to service in July. Walsh had been planning to retire in March but would now leave on September 24, the group said, when Luis Gallego will succeed him.
Shortage turns to surplus
Older than 7 days

Cadet pilots face uncertain future

Cadet pilots face uncertain futureLONDON - Mark, 34, quit his job as a town planner in London last year to start flight-training school, buoyed by a conditional offer of employment with budget carrier Easyjet at a time when the airline industry was desperately short of pilots. The coronavirus pandemic has changed all that.
"No foreseeable outlook"
Older than 7 days

Qatar Airways planning substantial job cuts

Qatar Airways planning substantial job cuts DOHA - Qatar Airways is planning to cut a significant number of jobs because travel has been disrupted by the coronavirus pandemic, and told cabin crew to prepare for redundancies, according to a company notice seen by Reuters. Peers of the airline also put their employess on notice.
Covid-19
Older than 7 days

Virgin Atlantic to cut 3,150 jobs

Virgin Atlantic to cut 3,150 jobsLONDON - Virgin Atlantic said on Tuesday it planned to cut 3,150 jobs and would move its flying programme from London Gatwick to Heathrow airport as it counts the cost of the Covid-19 pandemic. The spread of coroanvirus has virtually brought airports around the globe to a standstill, leaving airlines taking drastic steps to make savings.

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