Airline companies - updates

Rappler's latest stories on Airline companies

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Air France, Hop! to shed 7,580 jobs

Jul 04, 2020 - 7:50 AM

The planned job cuts amount to 16% of Air France's staff and 40% of those at Hop! – part of measures 'on an unprecedented scale'

AIR FRANCE. An Airbus A330 of the airline. Photo from Air France website

U.S. Treasury agrees on loan terms with 5 airlines

Jul 03, 2020 - 11:00 AM

The United States Treasury says American Airlines, Frontier Airlines, Hawaiian Airlines, Sky West Airlines, and Spirit Airlines agreed to the government's terms

Image from American Airlines website

Africa airline industry lost $55 billion from virus shutdowns

Jul 03, 2020 - 10:45 AM

The African Union says 'there are airlines that may not survive COVID-19'

CRUCIAL CARGO. A consignment of masks, testing kits, and protective gear, a donation from Chinese billionaire Jack Ma, are unloaded from an Ethiopian Airlines cargo plane on March 24, 2020, after it arrived in Nairobi, Kenya. Photo by Tony Karumba/AFP

Quarantines hurting Middle East aviation recovery – IATA

Jul 02, 2020 - 10:00 PM

(UPDATED) The International Air Transport Association urges governments to 'implement alternatives to quarantine on arrival,' warning of the policy's impact on the aviation industry

ETIHAD. An Etihad Airways Boeing 787-9 Dreamliner. Photo from airline's website

Slow takeoff for aviation in Europe

Jul 02, 2020 - 12:00 PM

The International Air Transport Association fears 'the worst may be yet to come' in the European aviation industry, with millions of jobs at risk

A passenger waits at the boarding gate at Brussels Airport, in Zaventem, on June 15, 2020 as Brussels Airport reopens for travels within Europe and the Schengen zone, after a months-long closure aimed at stemming the spread of the COVID-19 pandemic, caused by the novel coronavirus. (Photo by Kenzo TRIBOUILLARD / AFP)

Pakistan Int'l Airlines suspended in Europe over fake pilot license scandal

Jul 01, 2020 - 11:15 PM

The European Union Aviation Safety Agency tells Pakistan International Airlines 'they have lost their confidence' in the carrier

PLANE. A man looks on as a Pakistan International Airlines (PIA) plane taxis on the runway at the airport in Islamabad. Photo by Farooq Naeem/AFP

Mexico's Aeromexico files for bankruptcy in the U.S.

Jul 01, 2020 - 9:45 AM

Aeromexico is the latest Latin American airline to seek Chapter 11 relief after Chilean-Brazilian LATAM and Colombia's Avianca

AEROMEXICO. A plane of the Mexican carrier. Photo from Wikimedia Commons

Airline SAS seeks $1.3 billion to handle virus fallout

Jun 30, 2020 - 10:50 PM

SAS will convert some existing bonds into equity as it struggles with the impact of the coronavirus pandemic

SAS. An aircraft of the Scandinavian airline. Photo from SAS website

Norwegian Air Shuttle cancels order for 97 Boeings

Jun 30, 2020 - 12:40 PM

Norwegian Air Shuttle will no longer buy 92 Boeing 737 MAX aircraft and 5 Dreamliners

AIRCRAFT. A Norwegian Air Shuttle plane in New York City. Photo from Norwegian Air Shuttle website

KLM gets 3.4-billion-euro Dutch bailout

Jun 26, 2020 - 11:20 PM

The Dutch government says it will provide KLM with a guarantee for bank loans of up to 2.4 billion euros and a direct loan from the state of up to one billion euros

KLM. Aircraft of the Dutch carrier. Photo from KLM Royal Dutch Airlines' Facebook page

Bain wins bid to buy ailing Australian airline Virgin

Jun 26, 2020 - 10:45 PM

United States private equity giant Bain Capital is buying Virgin Australia and commits to 'the retention of thousands of jobs'

VOLUNTARY ADMINISTRATION. An aircraft of Virgin Australia. Photo from Virgin Australia's Facebook page

Billionaire investor a new force to reckon with at Lufthansa

Jun 26, 2020 - 3:55 PM

Rail industry tycoon Heinz Hermann Thiele, one of the richest men in Germany, is the top Lufthansa shareholder

A handout photo dated June 2020 and released by Knorr-Bremse AG on June 25, 2020 shows majority shareholder and Honorary Chairman of the Supervisory Board at Knorr-Bremse AG, Heinz Hermann Thiele, who owns 15.5 percent of Lufthansa's stock. - German airline Lufthansa's biggest shareholder, German rail industry tycoon Heinz Hermann Thiele, said on June 25, 2020, he would back the plan that will dilute his shareholding in order to avoid insolvency and mass job losses. (Photo by Handout / Knorr-Bremse AG / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /Knorr-Bremse AG" - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Shareholders back bailout to rescue Lufthansa

Jun 26, 2020 - 8:50 AM

Over 98% of shareholders accounting for 39% of Lufthansa stock vote in favor of the German government's rescue package in a special online meeting

Emplayees of German airline Lufthansa demonstrate during a rally at the airport in Frankfurt am Main, western Germany, on June 25, 2020. - Lufthansa's top shareholder on Wednesday, June 24, 2020 said he would back a nine billion euro government rescue package, removing the threat of a last-minute veto that could have plunged the German airline into bankruptcy. (Photo by Daniel ROLAND / AFP)

EasyJet losses deepen as virus impact felt

Jun 25, 2020 - 12:10 PM

British airline EasyJet posts a net loss of 324 million pounds ($403 million, 357 million euros) in the 1st half of its fiscal year

EASYJET. An Airbus A321 of low-cost passenger carrier EasyJet is pictured in France on November 24, 2016. File photo by Pascal Pavani/AFP

Relief for Lufthansa after top shareholder backs rescue deal

Jun 25, 2020 - 11:45 AM

German billionaire Heinz Hermann Thiele says he will support the 9-billion-euro government rescue package for Lufthansa

LUFTHANSA. Parked planes of the German carrier. Photo by Oliver Roesler/Lufthansa

Australia's Qantas cuts 6,000 jobs over coronavirus impact

Jun 25, 2020 - 9:15 AM

(UPDATED) The 6,000 job losses will hit both Qantas and its budget subsidiary Jetstar. More than half of staff will also remain on leave for months.

QANTAS. An Airbus plane of the Australian flag carrier. Photo from Qantas website

Cebu Pacific to lay off more employees

Jun 24, 2020 - 3:55 PM

It is still unclear how many more Cebu Pacific employees will lose their jobs, but the layoffs will be 'across functions, roles, and departments'

'DOWNSIZING'. The first of 32 A321neo aircraft ordered by Cebu Pacific takes off from Hamburg, Germany. Photo by Cebu Pacific

1,200 jobs to go at slashed Lufthansa subsidiary

Jun 24, 2020 - 12:05 AM

'Flight operations by SunExpress Germany...will be ended shortly,' says a SunExpress spokesman

SUNEXPRESS. The airline is a joint venture between Lufthansa and Turkish Airlines. Photo from SunExpress website

German government moves to rescue Lufthansa bailout

Jun 23, 2020 - 9:45 AM

The German government holds crunch talks with Lufthansa representatives and rail industry tycoon Heinz Hermann Thiele, the company's top shareholder

LUFTHANSA. The German airline's planes parked at the Munich Airport on November 29, 2016. File photo by Christof Stache/AFP

Austrian low-cost airline Level Europe files for insolvency

Jun 18, 2020 - 11:55 PM

An Austrian court will appoint an administrator, says IAG-owned Level Europe

LEVEL. A plane of the Austrian low-cost airline. Photo from International Airlines Group website

Qantas cuts international flights until October 2020

Jun 18, 2020 - 10:00 PM

'With Australia's borders set to remain closed for some time, we have canceled most international flights until late October,' says Qantas

QANTAS. The airline feels the impact of the novel coronavirus outbreak. File photo from Qantas website

Qatar Airways says no new planes in 2020 or 2021

Jun 18, 2020 - 9:50 PM

Qatar Airways says it already notified both Boeing and Airbus of its decision

QATAR AIRWAYS. A cargo plane of the airline. Photo from Shutterstock

Lufthansa warns rescue threatened as billionaire weighs in

Jun 17, 2020 - 6:20 PM

Lufthansa points to 'the latest public statements by the company's largest single shareholder, Heinz-Hermann Thiele'

LUFTHANSA. Parked planes of the German carrier. Photo by Oliver Roesler/Lufthansa

Sweden and Denmark fly to the rescue of SAS airline

Jun 15, 2020 - 7:00 PM

The Swedish government is willing to inject up to $534 million into SAS. The Danish government will also contribute to the recapitalization, says the airline.

SAS. An aircraft of SAS leaving the Manchester Airport in the United Kingdom. Photo from Shutterstock

Airlines launch legal action against UK over quarantine

Jun 12, 2020 - 7:30 PM

British Airways, EasyJet, and Ryanair say Britain's quarantine policy for arrivals will have 'a devastating effect on British tourism and the wider economy and destroy thousands of jobs'

ARRIVALS. Travelers arrive at Heathrow Airport in London on March 19, 2020, after being flown back from Cuba. Photo by Tolga Akmen/AFP

Pandemic-hit Lufthansa says 22,000 jobs to go

Jun 11, 2020 - 6:00 PM

The Lufthansa group is cutting 16% of its total workforce of 135,000

STOP. A Lufthansa plane is immobilized next to the runway that has been closed at the airport in Frankfurt, Germany, on March 23, 2020. Photo by Arne Dedert/Pool/AFP

Airlines hit wall of debt after coronavirus grounding

Jun 10, 2020 - 8:00 PM

The International Air Transport Association notes that while state aid is 'helping to keep the industry afloat...the next challenge will be preventing airlines from sinking under the burden of debt'

BADLY HIT SECTOR. An American Airlines plane is seen from a terminal of Reagan National Airport in Arlington, Virginia, on March 17, 2020. Photo by Mandel Ngan/AFP

Airlines improvise gradual liftoff as lockdowns ease

Jun 10, 2020 - 4:00 PM

Coronavirus-stricken airlines are developing new procedures for the resumption of flights

An Airbus A350 of the German airline Lufthansa takes off for Los Angeles at the "Franz-Josef-Strauss" airport in Munich, southern Germany, on June 3, 2020 as Lufthansa resumed its air traffic from Munich to the US. - An aircraft of German airline giant Lufthansa flew nonstop to Los Angeles for the first time since March 13, 2020, a day after one flew from Munich to Chicago. Lufthansa said it will undergo "far-reaching" restructuring as it posted a first-quarter net loss of 2.1 billion euros ($2.3 billion) on Wednesday, hammered by the coronavirus pandemic. (Photo by Christof STACHE / AFP)

Airlines headed for $84-billion net loss in 2020 – IATA

Jun 09, 2020 - 9:50 PM

'The losses this year will be the biggest in aviation history.... There is no comparison for the dimension of this crisis,' says International Air Transport Association chief Alexandre de Juniac

AMERICAN AIRLINES. The carrier's planes in Chicago. Photo from Shutterstock

Cathay Pacific unveils US$5-billion bailout plan

Jun 09, 2020 - 4:20 PM

(UPDATED) Hong Kong's government will take a small stake in Cathay Pacific as part of a bailout plan worth HK$39 billion (US$5 billion)

CATHAY PACIFIC. An 777-300ER aircraft. Photo from Cathay Pacific website

Austrian Airlines to get 600-million-euro rescue package

Jun 09, 2020 - 8:00 AM

As the Austrian government announces a rescue package for Austrian Airlines, it also says a minimum ticket price of 40 euros will be introduced for 'sustainable and fair aviation'

AUSTRIAN AIRLINES. An aircraft of the Lufthansa subsidiary. Photo from Austrian Airlines website

U.S. scales back China airline ban to permit 2 weekly flights

Jun 06, 2020 - 9:00 AM

The United States matches the number of flights allowed by China, but says it remains 'troubled' as Beijing disregarded the rights of American carriers

Passengers wear face masks as a preventive measure against the COVID-19 coronavirus as they arrive from an international flight at Beijing Capital Airport in Beijing on March 11, 2020. - China reported an increase in imported coronavirus cases on March 11, fuelling concerns that infections from overseas could undermine progress in halting the spread of the virus. (Photo by GREG BAKER / AFP)

Germany's beleaguered Lufthansa to quit Frankfurt's Dax 30

Jun 05, 2020 - 7:00 AM

Real estate group Deutsche Wohnen will replace Lufthansa on the Dax starting June 22

A display showing the German share index Stock Market Index DAX is pictured at the stock exchange in Frankfurt, Germany, on March 24, 2019. - The German Stock Exchange in Frankfurt rebounded strongly on March 24, with the Dax gaining 10.98% at closing in a market reacting to the extent of monetary support from central banks and state budgets, in the fight against the economic damage caused by the COV-19 coronavirus pandemic. (Photo by Daniel ROLAND / AFP)

China to allow limited U.S. passenger flights

Jun 04, 2020 - 12:05 PM

(UPDATED) China says it will now let foreign airlines operate one international route into the country each week, including American carriers which have been affected by a de facto ban

VIRUS IMPACT. A Delta Air Lines plane. Photo from Shutterstock

U.S. suspends flights by Chinese airlines in new spat with Beijing

Jun 03, 2020 - 11:10 PM

(3rd UPDATE) The move is triggered by China's failure to act on American carriers' requests to resume passenger service

AVIATION. A China Southern employee wears a face mask as she carries a model plane at Beijing Daxing International Airport on the eve of a 5-day national holiday on April 30, 2020. Photo by Greg Baker/AFP

Lufthansa reports net loss of 2.1 billion euros in Q1 2020

Jun 03, 2020 - 9:25 PM

With 'very slow recovery' seen for global air traffic, Lufthansa says it must 'implement restructuring programs in all areas'

PARKED. Lufthansa planes in Frankfurt, Germany. File photo from Shutterstock

Air Canada raises $1.2 billion to keep flying in pandemic

Jun 03, 2020 - 12:40 AM

Coronavirus-hit Air Canada raises funds through an offering of shares and convertible senior notes

FLAG CARRIER. An Air Canada Boeing 700-200. Photo from Shutterstock

France slams Ryanair 'blackmail' over job ultimatum

Jun 02, 2020 - 11:30 PM

'Blackmail is never an option,' says French Finance Minister Bruno Le Maire, as Ryanair is locked in a dispute with French employees

RYANAIR. Two of the airline's planes in Madrid, Spain. Photo from Shutterstock

U.N. agency recommends health guidelines for airlines

Jun 02, 2020 - 10:30 AM

From aircraft disinfection to passengers traveling light, here are the recommendations of the International Civil Aviation Organization

AVIATION. Medical personnel in protective gear serve breakfast and check for signs of fever among passengers inside a charter plane on their way back from Japan to Canadian Forces Base Trenton on February 20, 2020. Photo by Lolita Wiesner/AFP

Germany's Lufthansa inches closer to state bailout

Jun 01, 2020 - 11:35 PM

Lufthansa will now ask shareholders to back the $10-billion deal in an online meeting on June 25

LUFTHANSA. One of the airline's aircraft parked in Frankfurt, Germany. Photo from Shutterstock

Emirates could take 4 years to return to normal – chief

Jun 01, 2020 - 11:15 PM

'We have never been in this horrendous situation.... It is a huge structural change to our industry,' says Emirates president Tim Clark

EMIRATES. The Emirates fleet. Photo from airline's website

Emirates Airline says it must cut jobs over virus crisis

May 31, 2020 - 11:55 PM

'We have come to the conclusion that we unfortunately have to say goodbye to a few of the wonderful people that worked with us,' says Emirates

EMIRATES. An Emirates plane prepares to land at the Dubai International Airport on September 14, 2017. File photo by Giuseppe Cacace/AFP

Latin America's stricken airlines facing long haul to recovery

May 31, 2020 - 3:00 PM

With countries across Latin America in lockdown, flight activity plummets 93% and revenue losses are estimated at $18 billion

LATAM. A Boeing 787-9 Dreamliner of LATAM Airlines. Photo from Wikimedia Commons

In Senegal, the struggles of a small airline during coronavirus

May 29, 2020 - 3:00 PM

Transair, an ambitious company founded in Senegal 10 years ago, has no passengers because of the coronavirus pandemic – but it still has to fly its planes

A Transair Captain leaves his aeroplane to make his final checks for a technical flight at the empty Blaise Diagne International Airport in Dakar on May 22, 2020. - The Senegalese government in response to the outbreak of the COVID-19 coronavirus has closed down its borders and its regional borders to travellers. Local Airlines such as Transair have had to ground planes since March 2020. (Photo by JOHN WESSELS / AFP)

Ukraine International Airlines to axe third of staff

May 29, 2020 - 8:30 AM

'We deeply regret to have stopped employing 900 highly qualified professional[s] because of the substantial decline in the airline's operations,' says Ukraine International Airlines CEO Yevgen Dykhne

JOB CUTS. A Ukraine International Airlines plane sits on the tarmac. Photo from airline's website

Kuwait Airways to lay off 1,500 foreign employees

May 28, 2020 - 11:15 PM

Kuwait Airways says the decision to slash jobs is part of a 'comprehensive plan' to deal with the economic effects of the coronavirus pandemic

KUWAIT AIRWAYS. A plane of Kuwait Airways landing in Bangkok, Thailand. Photo from Shutterstock

American Airlines to cut 30% of management staff

May 28, 2020 - 10:55 PM

American Airlines currently has a team of 17,000 people in management and support, meaning the actions planned will cut about 5,100 jobs

AMERICAN AIRLINES. The carrier's planes in Chicago. Photo from Shutterstock

Geneva Airport schedules tentative takeoff for June 15

May 28, 2020 - 9:15 PM

Flag carrier Swiss Air Lines and British no-frills carrier EasyJet will resume services from Geneva on June 15 – but to a fraction of their former destinations

SAS loss deepens as lockdowns choke air travel

May 28, 2020 - 5:30 PM

Scandinavian airline SAS reports a net loss of 3.47 billion kroner (328 million euros, $362 million) in the 2nd quarter of its financial year

SAS. An aircraft of SAS leaving the Manchester Airport in the United Kingdom. Photo from Shutterstock

Norwegian Air Shuttle enters 'hibernation' to ride out virus crisis

May 28, 2020 - 5:00 PM

Norwegian Air Shuttle posts a loss of 3.28 billion kroner (302 million euros, $333 million) in the 1st quarter of 2020

RESCUE PLAN. A Norwegian Air plane. Photo from Shutterstock