Oil slump offers scant relief to heavily hedged airlines
Plunging oil prices usually boost airlines by bringing down the cost of their biggest expense. But for carriers locked into buying fuel at higher levels,…
Thailand says airlines may face virus medical bills in new rules
Thailand’s aviation regulator said airlines should ask passengers coming from high-risk territories for health certificates to establish they are free of the new coronavirus.
Why did Boeing’s warning on 737 Max fail to stop second crash?
Eight days after a Boeing Co. 737 Max went down in the Java Sea, killing all aboard, the planemaker issued a worldwide warning to pilots…
Lufthansa seeks government support amid coronavirus hit
Deutsche Lufthansa AG is looking into government support amid the “immense” fallout from the coronavirus, which could burden travel demand for months.
Alaska Airlines announces daily nonstop service between Seattle and Cincinnati
Alaska Airlines celebrates its continuing growth with the announcement of new service to a brand-new destination for the airline: Cincinnati. Daily nonstop service between Seattle-Tacoma…
Lufthansa slices schedule in half on drastic coronavirus hit to sales
Deutsche Lufthansa AG slashed capacity by as much as 50% in the most aggressive move yet by a major European airline to cope with the…
Airline 2020 profits May drop 27% on blow from virus, Cowen says
The airline sector is at the frontline of the coronavirus crisis as financial markets struggle to make sense of the outbreak’s impact, and Cowen expects…
Airbus posts first order blank in a year as virus spreads
Airbus SE logged zero orders in February, the first such drought in 13 months, as airlines held back on new commitments at a time when…
Boeing redress lifts Turkish Airlines profit to record in 2019
Turkey’s flagship carrier posted record profit in 2019, thanks to a one-time gain incurred due to compensation for grounded and undelivered Boeing 737 Max aircraft.
Finnair says flight refunds to take a month due to virus impact
Finnair Oyj said the coronavirus outbreak has led to so many flight cancellations that it’s taking about a month to refund passengers.
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