SAO PAULO (Reuters) – Passenger revenue at Latin America’s No. 2 airline, Avianca Holdings AVT_p.CN, has fallen 51% for the year as of early June compared with a year ago, the carrier said, in a look into the dire financial toll that the coronavirus has taken ... More »
(Reuters) – Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett said Berkshire Hathaway (BRKa.N) offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry. U.S. airline... More »
LONDON (Reuters) – Britain’s airlines want the government’s coronavirus wage support scheme to be extended beyond June, maintaining the assistance for longer with a only slow recovery in air travel expected. Airlines UK, the industry’s representative body, wro... More »
BANGKOK (Reuters) – Thai Airways International Pcl (THAI.BK) may permanently reduce the number of aircraft types it deploys once the coronavirus outbreak that has caused the company to ground most of its fleet ends, said a senior government official on Monday.... More »
WASHINGTON (Reuters) – Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money. In a letter dated Saturday and seen by Reuters, carriers wrote that... More »
BRUSSELS (Reuters) – The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots in order to keep them the following year until Oct. 24 due to the aviation industry crisis unleashed by coronaviru... More »
WASHINGTON (Reuters) – A Republican proposal introduced in the U.S. Senate on Thursday would grant up to $58 billion in secured loans to help passenger and cargo airlines hit by the coronavirus crisis, but bar cash grants and could result in the government get... More »
SYDNEY/CHICAGO (Reuters) – Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions because of the fast spreading coronavirus. The owner ... More »
SYDNEY (Reuters) – Several Asian airlines have cut flights to Hong Kong over the coming weeks, an industry scheduling publication showed, as anti-government protests in the city grow increasingly violent and disrupt daily life. Routes Online said the latest sc... More »
BRASILIA (Reuters) – Brazil is determined to lure airlines to operate domestic flights in Latin America’s largest aviation market, and is taking meetings with at least three carriers, a senior government official told Reuters. “We are going to talk with Jet Bl... More »
(Reuters) – Qantas Airways (QAN.AX) and Virgin Australia Holdings Ltd (VAH.AX) were awarded one slot each to operate flights at Tokyo’s Haneda Airport, according to a draft decision by Australia’s International Air Services Commission (IASC). The opening at Ha... More »
SINGAPORE (Reuters) – Scores of airlines wrote jointly to the Hong Kong government earlier this month to seek airport fee waivers as they struggle to deal with the financial fallout from anti-government protests that have led to a sharp drop in traveler demand... More »
WASHINGTON (Reuters) – The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday. The department is ex... More »
SEOUL (Reuters) – Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India’s once-largest international airline. Jet, which ... More »
BEIJING/SHANGHAI (Reuters) – China’s aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft operated by its airlines, more than a quarter of the global fleet of the jets, after a deadly crash of one of the planes in Ethiopia. An Ethiopia... More »
BEIJING (Reuters) – China’s civil aviation regulator said on Monday that it has asked domestic airlines to suspend the commercial operations of all Boeing 737-8 planes by 6:00 p.m. local time (5.00 a.m. ET), a day after a deadly crash of a 737 MAX 8 by Ethiopi... More »
SYDNEY (Reuters) – Airlines are locking in fuel hedges, lowering capacity, raising fares and retiring older jets to cope with rising costs alongside the highest oil prices since 2014, industry executives say. The squeeze from fuel costs, which have risen much ... More »
SYDNEY (Reuters) – Japan Airlines Co Ltd (9201.T) hopes to expand the fleet of a new low-cost carrier by two jets a year after it launches in mid-2020, a director of the airline said on Monday, as it takes on rival ANA Holdings Inc’s (9202.T) budget arm Peach.... More »
SYDNEY (Reuters) – More restructuring is needed at French flag carrier Air France, the head of Dutch sister airline KLM said on Monday. The two national airlines merged to form Air France-KLM (AIRF.PA) in 2004 but Air France’s economic performance has broadly ... More »
SYDNEY (Reuters) – Australia’s Qantas Airways Ltd said it plans to change its website to refer to Taiwan as a Chinese territory, not an independent nation, but that it needed extra time to comply with the request from Beijing. China’s aviation regulator in Apr... More »
SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Ass... More »
WASHINGTON (Reuters) – The U.S. Department of Transportation told Congress it opposes a Senate bill that would require new rules prohibiting airline fees that are not “reasonable and proportional,” along with many other new consumer protections that the admini... More »
SINGAPORE (Reuters) – Malaysia Airlines has launched a fresh tender process for 20-30 widebody jets that could supersede a deal with Boeing Co (BA.N) agreed during a high-profile U.S. visit by the country’s prime minister last year, a source with knowledge of ... More »
FILE PHOTO: Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah September 28, 2013. REUTERS/Lucas Jackson/File Photo (Reuters) – European planemaker Airbus SE and U.S.-based Delta Air Lines Inc have formed an... More »
State-owned Saudi Arabian Airlines said it will start flying regularly to Iraq on Monday after a 27-year halt, state news agency SPA said. More »
New security measures including stricter passenger screening take effect on Thursday on all U.S.-bound flights to comply with government requirements aimed at responding to threats of hidden explosives, airlines said. More »
Boeing Co (BA.N) had pumped in more than 100 million pounds ($130 million) into Britain's Monarch Airlines [MONA.UL] which collapsed last week, the Financial Times reported on Monday. More »
The boss of Monarch Airlines said he was "absolutely devastated" by the failure of Britain's fifth largest carrier which wrecked the holiday plans of hundreds of thousands of tourists and left most of its staff out of work. More »
The captain of the Malaysian Airlines aircraft that vanished somewhere in the southern Indian Ocean with 239 people on board had flown a route on his home flight simulator six weeks earlier that was "initially similar" to the one actually taken, Australian aut... More »
Asia's second-biggest aircraft lessor, BOC Aviation Ltd (2588.HK), said on Tuesday it was working to find new homes for 13 Boeing Co (BA.N) 737 MAX 8 aircraft it had planned to lease to collapsed British carrier Monarch Airlines. More »
Britain's Monarch Airlines [MONA.UL] collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound. More »
A traveler walks past a sign for Royal Jordanian airline at JFK International Airport in New York, U.S., March 21, 2017. REUTERS/Lucas Jackson Royal Jordanian and Kuwait Airways are the latest Middle East carriers to be exempted from an in-cabin ban on laptops... More »
FILE PHOTO: Emirates aircraft are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File Photo Emirates [EMIRA.UL], the Middle East’s largest airline, said on Wednesday the in-cabin ban on laptops and other large e... More »
A Lion Air plane taxis after landing at Denpassar international airport in Bali March 23, 2017. REUTERS/Thomas White Indonesian budget carrier Lion Air may be an inaugural customer for a new Boeing Co (BA.N) plane that will become the largest member of its 737... More »
Oscar Munoz, chief executive of United Airlines, attends a meeting of the International Air Transport Association (IATA) in Cancun, Mexico June 5, 2017. REUTERS/Victor Ruiz Garcia U.S. officials are concerned that explosives disguised as laptops could be direc... More »
Lufthansa Chief Executive Officer Carsten Spohr delivers his speech at the annual shareholders meeting in Hamburg, Germany May 5 2017. REUTERS/Fabian Bimmer Demand for Lufthansa (LHAG.DE) flights is better than expected this year, with traffic from the United ... More »
FILE PHOTO – A TSA worker loads suitcases at the checked luggage security screening station at Los Angeles International Airport in Los Angeles, California, U.S. on September 7, 2011. REUTERS/Jonathan Alcorn/File Photo The United States might ban laptops from ... More »
Europe’s aviation regulator voiced concern on Wednesday over the risk of battery fires in the cargo holds of passenger planes after U.S. and British authorities banned certain electronics from passenger cabins despite U.S. assurances that its agency had been t... More »
Transport Minister Ahmet Arslan attends an interview with Reuters in front of the Yavuz Sultan Selim Bridge, the third Bosphorus bridge linking the European and Asian sides of Istanbul, Turkey, August 23, 2016. REUTERS/Osman Orsal Turkey is negotiating with in... More »
U.S. President Donald Trump speaks during a meeting with Chief Executive Officer of Intel Brian Krzanich in the Oval Office of the White House in Washington, U.S., February 8, 2017. REUTERS/Joshua Roberts U.S. aviation executives will discuss the industry’s ag... More »
Qatar Airways Chief Executive Akbar Al Baker gestures as he tours the exhibition stand of the company at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. REUTERS/Fabrizio Bensch Qatar Airways Chief Executive Akbar Al Baker on Tuesd... More »
Japan Airlines Co (9201.T) said on Monday it has begun screening passengers from the seven Muslim-majority countries affected by the President Donald Trump’s travel ban before their departure for the United States. More »
Malaysia’s transport minister Liow Tiong Lai speaks at a news conference about debris found on a beach in Mozambique that may be from missing Malaysia Airlines flight MH370, in Kuala Lumpur, Malaysia, March 3, 2016. REUTERS/Olivia Harris Malaysia’s transport m... More »
BEIJING/SINGAPORE Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines (601021.SS) after China’s first low-cost carrier took off in 2010. Her company has since made it mandatory for staff to use budget a... More »
DUBAI Emirates Airline [EMIRA.UL] said Tuesday that state-owned Gulf Arab airlines were not to blame for overcapacity on services between the United States and Dubai, rejecting criticism by U.S. carrier Delta Air Lines (DAL.N). Delta said Sunday it had reduced... More »
SYDNEY Barnacles encrusted on a piece of plane debris that washed up on the French island of Reunion might help unravel the mystery of missing Malaysia Airlines (MLYAF.PK) flight MH370 that disappeared last year with 239 passengers and crew on board. Malaysia ... More »
