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June 6, 2020
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U.S. will allow Chinese passenger carriers two flights per week

Reuters
WASHINGTON (Reuters) – The United States will permit Chinese passenger air carriers to operate two flights per week after Beijing said it would ease coronavirus-related restrictions to allow in more foreign carriers, the U.S. Transportation Department said on Friday. FILE PHOTO: A China Eastern Airlines aircraft and a Shanghai Airlines......
Reuters - Business

United Airlines closing three of four international bases for flight crew

Reuters
FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo CHICAGO (Reuters) – United Airlines Holdings Inc (UAL.O) is closing three out of four international bases for flight attendants, according......
Reuters - Business

U.S. will allow Chinese passenger carriers two flights per week

Reuters
FILE PHOTO: Men wearing face masks speak in front of an information counter at Beijing Capital International Airport as the country is hit by an outbreak of the novel coronavirus, in Beijing, China March 16, 2020. REUTERS/Carlos Garcia Rawlins WASHINGTON (Reuters) – The U.S. Transportation Department said on Friday it......
Reuters - Business

British Airways parent company considering legal challenge to UK quarantine rules

Reuters
LONDON (Reuters) – The owner of British Airways is considering launching a legal challenge against the UK’s looming quarantine plan, its chief executive said, warning that the new rules would torpedo its return to flying in July. FILE PHOTO: Tail Fins of British Airways planes are seen parked at Heathrow......
Reuters - Business

U.S. to revise Chinese passenger airline ban after Beijing move: sources

Reuters
WASHINGTON (Reuters) – The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said. A China Eastern Airlines aircraft is seen at Hongqiao International Airport in Shanghai, following the coronavirus......
Reuters - Business

U.S. airlines gain final approval to drop services to 75 domestic airports

Reuters
FILE PHOTO: Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. REUTERS/Elijah Nouvelage/File Photo WASHINGTON (Reuters) – Fifteen U.S. airlines were granted final government approval on Wednesday......
Reuters - Business

U.S. finalizes order allowing 15 passenger air carriers to suspend service to 75 airports

Reuters
FILE PHOTO: Empty flight departure screens are seen as the coronavirus disease (COVID-19) continues, at New York’s JFK International Airport in New York, U.S., May 19, 2020. REUTERS/Shannon Stapleton/File Photo WASHINGTON (Reuters) – The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt......
Reuters - Business

Amazon leases 12 aircraft to bolster air cargo fleet

Reuters
FILE PHOTO: Signage is seen at an Amazon facility in Bethpage on Long Island in New York, U.S., March 17, 2020. REUTERS/Andrew Kelly (Reuters) – Amazon.com Inc (AMZN.O) said on Wednesday it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group Inc (ATSG.O), bringing its total fleet......
Reuters - Business

Trump administration to bar Chinese passenger carriers from flying to U.S.

Reuters
WASHINGTON (Reuters) – President Donald Trump’s administration on Wednesday barred Chinese passenger carriers from flying to the United States starting on June 16 as it pressures Beijing to let U.S. air carriers resume flights amid simmering tensions between the world’s two largest economies. FILE PHOTO: A passenger aircraft of China......
Reuters - Business

Exclusive: Trump administration to bar Chinese passenger carriers from flying to U.S., sources say

Reuters
FILE PHOTO: A passenger aircraft of China Eastern Airlines takes off at Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau/File Photo WASHINGTON (Reuters) – President Donald Trump’s administration plans to bar Chinese passenger carriers from flying......
Reuters - Business

Airlines cut fares to help boost May traffic: IATA

Reuters
FILE PHOTO: A view of the economy class cabin inside an Emirates Airline Boeing 777-200LR plane following its arrival at Mexico City International Airport during its first route from Dubai via Barcelona to Mexico City, Mexico, December 9, 2019. REUTERS/Henry Romero/File Photo PARIS (Reuters) – Airlines cut domestic fares by......
Reuters - Business

Ryanair must face U.S. shareholder lawsuit over unionization comments

Reuters
NEW YORK (Reuters) – Ryanair Holdings Plc (RYA.I) and Chief Executive Michael O’Leary failed to persuade a U.S. judge to dismiss a securities fraud lawsuit accusing Europe’s largest budget airline of defrauding them by downplaying its willingness to recognize labor unions. FILE PHOTO: A Ryanair Boeing 737 is seen at......
Reuters - Business

U.S. companies issue shares at fastest rate ever, selling the rally

Reuters
NEW YORK (Reuters) – U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding. FILE PHOTO: Traders wear masks as they work on the floor of......
Reuters - Business

Emirates president says could take four years to rebuild network from virus hit

Reuters
FILE PHOTO – Members of cleaning staff in protective suits board an Emirates Airbus A380 to disinfected it against the coronavirus, in Dubai, United Arab Emirates March 5, 2020. Picture taken March 5, 2020. Emirates Airline/Handout via REUTERS DUBAI (Reuters) – Emirates President Tim Clark said on Monday it could......
Reuters - Business

Delta, union working to avoid furloughs of 2,300 pilots

Reuters
FILE PHOTO: A Delta Airlines plane is parked at a gate as the novel coronavirus outbreak continues, with luggage handlers working at Hartsfield–Jackson Atlanta International Airport in Atlanta, Georgia, U.S., May 19, 2020. REUTERS/Shannon Stapleton (Reuters) – Delta Air Lines Inc (DAL.N) and its pilots union said on Sunday they......
Reuters - Business

Embraer negotiating $600 million bank financing for exports

Reuters
FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA), the world’s third largest commercial jet builder, should obtain $600 million in credit......
Reuters - Business

Lufthansa accepts tweaked demands by Brussels over state bailout

Reuters
BERLIN/FRANKFURT (Reuters) – Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, paving the way for its rescue. FILE PHOTO: Airplanes of German carrier Lufthansa are......
Reuters - Business

Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels

Reuters
BERLIN/FRANKFURT (Reuters) – Lufthansa’s (LHAG.DE) management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, paving the way for its rescue. FILE PHOTO: Airplanes of German carrier Lufthansa......
Reuters - Business

United Airlines cutting 13 top jobs, adding international flights in July

Reuters
(Reuters) – United Airlines Holdings Inc (UAL.O) said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic. FILE PHOTO: A United Airlines passenger jet takes off......
Reuters - Business

Southwest Airlines CEO sees low-fare environment when traffic returns

Reuters
FILE PHOTO: Southwest Airlines jets are parked on the tarmac during the coronavirus disease (COVID-19) outbreak at Baltimore Washington International Airport in Baltimore, Maryland, U.S., May 25, 2020. REUTERS/Joshua Roberts (Reuters) – Southwest Airlines Co (LUV.N) Chief Executive Officer Gary Kelly said on Friday he expects a “brutal low-fare” environment......

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