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March 31, 2020
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Britain-based airlines seek industry tax breaks in coronavirus battle

Reuters
FILE PHOTO: An easyjet aeroplane at Luton Airport as the number of coronavirus cases grow around the world. Luton, Britain, March 17, 2020. REUTERS/Peter Cziborra LONDON (Reuters) – A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays......
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Airlines beg for rescue as coronavirus hit soars to $250 billion

Reuters
LONDON/PARIS (Reuters) – Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion. FILE PHOTO: The International Air Transport Association (IATA) logo is seen at the......
Reuters - Business

Emirates asks pilots to take unpaid leave, Qatar Airways lays off staff

Reuters
MANILA/DUBAI (Reuters) – Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as the coronavirus outbreak hammers demand for travel. FILE PHOTO – A Qatar Airways Airbus A350-1000 is pictured at the Eurasia Airshow in......
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British Airways due to make pilot redundancies: union

Reuters
FILE PHOTO: A British Airways plane taxis past tail fins of parked aircraft to the runway near Terminal 5 at Heathrow Airport in London, Britain March 14, 2020. REUTERS/Simon Dawson/File Photo LONDON (Reuters) – British Airways is due to make an unspecified number of pilots redundant according to UK pilot......
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Abu Dhabi’s Etihad adds cargo flights as coronavirus batters passenger demand

Reuters
FILE PHOTO: Etihad Airways Airbus A340-600 plane is seen parked at Abu Dhabi International Airport in United Arab Emirates, December 16, 2017. REUTERS/Amr Abdallah Dalsh/File Photo DUBAI (Reuters) – Abu Dhabi’s Etihad Airways said on Tuesday it was expanding its cargo network to markets where passenger operations have decreased due......
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‘Single biggest shock’: Aviation battles coronavirus cash crunch

Reuters
SYDNEY/PARIS (Reuters) – Boeing and other U.S. aviation companies are seeking billions of dollars in aid as they battle to survive a plunge in demand caused by the coronavirus pandemic, while Airbus is pausing production at two sites to bolster health and safety measures. FILE PHOTO: An Air New Zealand......
Reuters - Business

‘Single biggest shock’: Airlines, airports battle coronavirus cash crunch

Reuters
SYDNEY (Reuters) – Airlines and airport operators said they are taking steps such as suspending dividends, selling and leasing back airplanes and flying cargo on empty passenger jets as they grapple with a cash crunch and plunging demand caused by the coronavirus outbreak. FILE PHOTO: An Air New Zealand aircraft......
Reuters - Business

Brought to the brink by coronavirus, airlines seek emergency aid

Reuters
LONDON/PARIS (Reuters) – Airlines made unprecedented cuts to flights, costs and staffing on Monday, stepping up calls for emergency aid as coronavirus lockdowns and new travel restrictions hit more major routes. Already battered shares in British Airways parent IAG (ICAG.L), easyJet (EZJ.L) and Air France-KLM (AIRF.PA) plunged again as they......
Reuters - Business

Airlines seek emergency aid as coronavirus brings industry to near-halt

Reuters
LONDON/PARIS (Reuters) – Airlines made unprecedented cuts to flights, costs and staffing on Monday, and stepped up calls for emergency government aid, as coronavirus lockdowns and new travel restrictions hit more major routes. FILE PHOTO: Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, November......
Reuters - Business

Airlines slash schedules, jobs and pay after new travel restrictions

Reuters
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 due to the fast spreading coronavirus. FILE PHOTO: Qantas aircraft are seen on the tarmac at Melbourne International Airport in......
Reuters - Business

British Airways-owner to cut capacity by 75%, CEO Walsh staying on

Reuters
FILE PHOTO: A British Airways plane taxis past tail fins of parked aircraft to runway near Terminal 5 at Heathrow Airport in London, Britain March 14, 2020. REUTERS/Simon Dawson LONDON (Reuters) – The owner of British Airways said it would cut its flying capacity by at least 75% in April......
Reuters - Business

Airlines seek cost cuts and aid to survive coronavirus

Reuters
LONDON/OSLO (Reuters) – British Airways warned of job losses and Norwegian Air said it had “weeks not months” to avert collapse, as airlines look for cost cuts and government help in the face of a crippling travel slump brought on by the coronavirus. The International Air Transport Association (IATA) Director......
Reuters - Business

Travel industry under siege as coronavirus contagion grows

Reuters
SYDNEY/CHICAGO (Reuters) – The fallout from the coronavirus spread across the Pacific on Friday, with travel companies in Australia and New Zealand issuing profit warnings as U.S. airlines rushed to cut flights to Europe in the wake of new U.S. travel restrictions. FILE PHOTO: People wearing protective masks are seen......
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European airline stocks in tailspin after Trump travel ban

Reuters
FILE PHOTO: People wearing protective masks walk in Malpensa airport near Milan, Italy, March 9, 2020. REUTERS/Flavio Lo Scalzo/File Photo LONDON (Reuters) – European airline stocks plunged as much as 20% on Thursday after U.S. President Donald Trump said he would restrict travel from Europe to the United States for......
Reuters - Business

Airport passenger traffic in Asia-Pacific set to plunge 24% in first quarter – industry group

Reuters
FILE PHOTO: South Korean soldiers carry out disinfection work at the international airport amid the rise in confirmed cases of coronavirus disease (COVID-19) in Daegu, South Korea, March 6, 2020. REUTERS/Kim Kyung-Hoon SYDNEY (Reuters) – Airport passenger traffic in the Asia-Pacific region is expected to take a 24% hit in......
Reuters - Business

British airline Flybe collapses as coronavirus deals final blow

Reuters
LONDON (Reuters) – British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the coronavirus outbreak. FILE PHOTO: A Flybe plane takes off from Manchester Airport in Manchester, Britain, January 13 2020. REUTERS/Phil Noble/File Photo......
Reuters - Business

Coronavirus hit to airlines could top $100 billion, Flybe collapses

Reuters
LONDON/SINGAPORE (Reuters) – The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, more than three times a projection it made just two weeks ago as the virus continues to spread around the world. The warning from the......
Reuters - Business

British regional airline Flybe collapses after coronavirus blow

Reuters
LONDON (Reuters) – British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry’s first big casualty of the coronavirus outbreak. FILE PHOTO: A Flybe plane takes off from Manchester Airport in Manchester, Britain, January 13 2020. REUTERS/Phil Noble/File Photo The failure......
Reuters - Business

British regional airline Flybe says enters into administration

Reuters
LONDON (Reuters) – British regional airline Flybe said early on Thursday it entered into administration, as the already struggling carrier failed to withstand the plunge in travel demand caused by coronavirus. FILE PHOTO: A Flybe plane takes off from Manchester Airport in Manchester, Britain, January 13 2020. REUTERS/Phil Noble/File Photo......

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