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June 4, 2020
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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

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

U.S. FAA chief to testify at Senate hearing on Boeing 737 MAX

Reuters
WASHINGTON (Reuters) – U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved in two fatal crashes in five months that killed 346 people. FILE PHOTO: Steve Dickson, Administrator of the Federal Aviation Administration,......
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

U.S. pipeline operator Energy Transfer warns of coming job cuts

Reuters
FILE PHOTO: Construction work continues on Sunoco’s Mariner East II natural gas pipeline near Morgantown in Chester County, Pennsylvania, August 1, 2017. REUTERS/Charles Mostoller/File Photo (Reuters) – U.S. pipeline operator Energy Transfer LP (ET.N) will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak......
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

Exclusive: Brazil’s Embraer draws foreign interest after Boeing rift – sources

Reuters
SAO PAULO/NEW DELHI/PARIS (Reuters) – Aircraft makers are circling Brazil’s Embraer (EMBR3.SA) weeks after Boeing (BA.N) ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos,......
Reuters - Business

Uber launches hourly ride booking option in some U.S. cities

Reuters
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid (Reuters) – Uber Technologies Inc on Friday said it would offer rides by the hour in......
Reuters - Business

EU’s Vestager denies making Lufthansa bailout more difficult

Reuters
BRUSSELS (Reuters) – EU antitrust chief Margrethe Vestager denied on Friday that she was putting hurdles in the way of Lufthansa’s (LHAG.DE) $10 billion government rescue, saying companies getting big capital injections from the state have to offset their competitive advantage. FILE PHOTO: European Competition Commissioner Margrethe Vestager presents the......
Reuters - Business

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Reuters
WASHINGTON (Reuters) – Boeing Co (BA.N) said Wednesday it was eliminating more than 12,000 U.S. jobs, including involuntary layoffs of 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic. FILE PHOTO: A Boeing logo is seen at the company’s facility in Everett, Washington,......
Reuters - Business

Boeing laying off 6,700 U.S. workers with thousands more planned

Reuters
FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – Boeing Co said Wednesday it will notify 6,770 U.S. workers they are being laid off with “several thousand remaining layoffs”......
Reuters - Business

Administrators deny South African Airways set to start flying

Reuters
FILE PHOTO: A South African Airways (SAA) plane taxis after landing at O.R. Tambo International Airport in Johannesburg, South Africa, January 18, 2020. REUTERS/Rogan Ward JOHANNESBURG (Reuters) – Administrators for state-owned South African Airways (SAA) said on Wednesday the airline is not aiming to resume domestic flights from mid-June, rejecting......
Reuters - Business

Boeing set to announce significant U.S. job cuts this week: union

Reuters
WASHINGTON (Reuters) – Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union said. FILE PHOTO: A Boeing logo is seen at the company’s facility......
Reuters - Business

Amtrak needs $1.5 billion bailout, prepares to cut up to 20% of workforce

Reuters
WASHINGTON (Reuters) – U.S. passenger railroad service Amtrak said on Tuesday it needs a further $1.475 billion bailout and disclosed plans to cut its workforce by up to 20% in the coming budget year. FILE PHOTO: An Amtrak passenger train sits in New York City’s Pennsylvania Station, U.S. April 27,......
Reuters - Business

COVID-19 lawsuit takes on McDonald’s like it was a rowdy bar

Reuters
(Reuters) – As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers and their families at McDonald’s Corp’s Chicago restaurants have filed a......
Reuters - Business

LATAM becomes largest airline yet driven to bankruptcy by coronavirus

Reuters
(Reuters) – Chile’s LATAM Airlines Group (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November......

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