Airlines suffer blow as England bans overseas leisure travel
Overseas travel from England that’s not related to work will be prohibited to help curb a resurgence of the coronavirus, throwing airlines into a fresh…
Lufthansa can emerge stronger from pandemic, CEO Spohr says
Deutsche Lufthansa AG can emerge stronger from the airline industry’s worst crisis since World War II by becoming leaner, Chief Executive Officer Carsten Spohr said.
Dutch reject KLM cost-cutting plan linked to government bailout
The Netherlands has rejected a cost-cutting plan put forth by Air France-KLM’s Dutch arm and withheld a portion of a 3.4 billion-euro ($4 billion) government…
Air France-KLM CFO rejects any talk of carrier’s breakup
Air France-KLM Chief Financial Officer Frederic Gagey rejected any talk of a breakup of the Franco-Dutch carrier, saying the decade-and-a-half-old union will help the company…
Boeing supplier says new jet may hinge on success of Max return
Boeing Co.’s decision on whether to launch a new, midrange jetliner is likely to hinge on the success of the 737 Max as it returns…
British Airways owner trims expenses with furloughs, job cuts
IAG SA said state furlough programs and outright job cuts helped hold down operating costs in the third quarter, helping the owner of British Airways…
Top Asia budget carrier sees 40% capacity drop this quarter
IndiGo expects passenger carrying capacity to slump 40% in the current quarter, showing that even India’s biggest airline can’t escape the coronavirus pandemic and a…
United plans Newark-London virus testing as tool to spur travel
United Airlines Holdings Inc. will offer rapid coronavirus testing on flights to London from Newark, New Jersey, in a bid to show governments that a…
South Africa defends airline bailout as state seeks partners
South Africa’s National Treasury has defended a controversial 10.5 billion rand ($641 million) lifeline for its bankrupt national airline, saying that setting it on the…
Airbus stems cash outflow, charts path through Covid crisis
Airbus SE was able to stem the outflow of cash in the third quarter, fueling the planemaker’s confidence it can emerge from the Covid-19 pandemic…
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