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March 9, 2021

Airlines (NEC) (TRBC level 5)

Air France flight made emergency landing in Bulgaria over disruptive passenger

Reuters
FILE PHOTO: The first Air France airliner’s Airbus A350 prepares to take off after a ceremony at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo SOFIA (Reuters) – An Air France flight en route from Paris to New Delhi made an emergency landing......

Malaysia’s AirAsia Group plans air taxi, drone delivery service

Reuters
KUALA LUMPUR (Reuters) – Malaysia’s AirAsia Group Bhd plans to launch an air taxi service and the country’s first drone delivery service as the budget carrier seeks to diversify amid the coronavirus pandemic, the company’s CEO said on Saturday. FILE PHOTO: Tail of AirAsia X plane as seen at the......

Airline CEOs urge White House support for greener aviation fuel

Reuters
By David Shepardson, Tracy Rucinski FILE PHOTO: Delta Air Lines passenger planes are seen parked at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. REUTERS/Elijah Nouvelage WASHINGTON (Reuters) – The CEOs of American Airlines, United Airlines and Delta Air Lines and other airline officials met virtually with White......

Pandemic pushes BA-owner IAG to a 4.4 billion euro loss in 2020

Reuters
LONDON (Reuters) – British Airways-owner IAG posted a loss of 4.37 billion euros ($5.31 billion) for 2020 after a year of minimal flying and burning through cash, and it warned on Friday it could not say what would happen in 2021. FILE PHOTO: British Airways aircraft are seen at Heathrow......

Egyptair grounds four Boeing 777-200 planes – statement

Reuters
FILE PHOTO: The company logo is displayed at the Egyptair desk at Charles de Gaulle airport, after an Egyptair flight disappeared from radar during its flight from Paris to Cairo, in Paris, France, May 19, 2016. REUTERS/Christian Hartmann CAIRO (Reuters) – Egyptair grounded four Boeing 777-200 planes with Pratt& Whitney......

Air Canada refuses to extend deal deadline for Transat buyout

Reuters
FILE PHOTO: Air Canada airplanes are pictured at Vancouver’s international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms//File Photo (Reuters) – Canadian tour operator Transat A.T. Inc said on Tuesday Air Canada refused to extend the deadline for its C$188.7 million ($148.73 million) deal beyond Feb. 15,......

Southwest sees slower cash burn as bookings improve in February

Reuters
FILE PHOTO: A Southwest Boeing 737-700 plane arrives at William P. Hobby Airport in Houston, Texas, February 20, 2019. REUTERS/Mike Blake (Reuters) – Southwest Airlines said on Tuesday it expects cash burn in the first quarter to slow as bookings improve in February. The airline now expects its average core......

French border curbs halve air passenger numbers in a week – minister

Reuters
PARIS, Feb 7 (Reuters) – Border restrictions introduced by France to curb the spread of coronavirus variants have halved air passenger numbers in the past week, the transport minister said on Sunday, defending the government’s avoidance of a new lockdown. The French government has so far resisted calls from health......

Boeing says 118 orders for 777X no longer firm under accounting rules

Reuters
FILE PHOTO: A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, U.S. January 25, 2020. REUTERS/Terray Sylvester (Reuters) – Boeing Co said on Monday that 118 orders for its 777X widebody plane under development are no longer seen as firm under......

Three listed units of China’s HNA disclose embezzlements of nearly $10 bln

Reuters
BEIJING, Jan 31 (Reuters) – Three units of HNA, once China’s most acquisitive conglomerate, said nearly $10 billion had been embezzled by shareholders, in disclosures to stock exchanges that come amid a government-led probe into the deeply indebted group. A total of 61.5 billion yuan ($9.57 billion) had been embezzled......

U.S. airlines, unions oppose requiring COVID-19 tests for domestic flights

Reuters
FILE PHOTO: Passengers arrive on a flight from London amid new restrictions to prevent the spread of coronavirus disease (COVID-19) at JFK International Airport in New York City, U.S., December 21, 2020. REUTERS/Eduardo Munoz WASHINGTON (Reuters) – A coalition of groups representing the airline, travel and aerospace industries and union......

More than half of world’s airline pilots no longer flying – survey

Reuters
FILE PHOTO: Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Fort Worth International Airport February 14, 2013. REUTERS/Mike Stone (Reuters) – More than half of the world’s airline pilots are no longer flying for a living amid the plunge in demand during the coronavirus......

Indonesia probing whether faulty system contributed to Sriwijaya Air crash

Reuters
By Agustinus Beo Da Costa JAKARTA (Reuters) – Indonesia’s air accident investigator is probing whether a problem with the autothrottle system, that controls engine power automatically, contributed to the Sriwijaya Air crash on Jan. 9 that killed all 62 people on board, an official said on Friday. National Transportation Safety......

AirAsia Group to raise up to $112.84 million via private placement

Reuters
FILE PHOTO: AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (COVID-19), in Sepang, Malaysia April 14, 2020. REUTERS/Lim Huey Teng/File Photo (Reuters) – Malaysian budget carrier AirAsia Group said on Thursday it planned to......

IndiGo tightens grip in India and targets growth abroad

Reuters
By Aditi Shah, Jamie Freed NEW DELHI/SYDNEY (Reuters) – India’s IndiGo has emerged as one of the world’s biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle. FILE......

Indonesia air crash investigator hopes for recovery of cockpit voice recorder

Reuters
JAKARTA (Reuters) – Indonesia’s air accident investigator is still hoping to recover the cockpit voice recorder (CVR) from a crashed Sriwijaya Air jet to better understand information obtained from the flight data recorder (FDR), an official said on Tuesday. The 26-year-old Boeing Co 737-500 plane crashed into the Java Sea......

Exclusive: Trump lifting COVID-19 travel restrictions on Europe, UK, Brazil – sources

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday rescinded entry bans imposed because of the coronavirus on most non-U.S. citizens arriving from Brazil and much of Europe effective Jan. 26, two officials briefed on the matter told Reuters. Reuters first reported in November that the administration had been considering......

Breakingviews – Corona Capital: Indian banks, LBOs, Stellantis

Reuters
By Breakingviews columnists MUMBAI/LONDON/MILAN (Reuters Breakingviews) – Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. The logo of Stellantis, the world’s fourth-largest automaker, which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised......

Emirates airline offers COVID-19 vaccines to staff

Reuters
FILE PHOTO: Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. REUTERS/Abdel Hadi Ramahi DUBAI (Reuters) – Emirates airline on Monday started offering employees vaccinations against the COVID-19 disease with priority given to front-line workers such......

U.S. airlines back Biden plan to mandate masks for passengers

Reuters
By David Shepardson, Tracy Rucinski FILE PHOTO: A traveler wearing a protective face mask and a face shield to prevent the spread of the coronavirus disease (COVID-19) goes through security to board a flight at the airport in Denver, Colorado, U.S., November 24, 2020. REUTERS/Kevin Mohatt/File Photo WASHINGTON/CHICAGO (Reuters) –......

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