Page 15 - Aviation
British Airways: Thousands to lose jobs as airline pushes ahead with cuts
British Airways, owned by IAG , said in April it would need to axe up to 12,000 of its 42,000 staff to survive the Covid-19 pandemic and remain competitive
 "British Airways: Thousands to lose jobs as airline pushes ahead with cuts")
ATF price hiked 3 pc; no change in LPG, petrol, diesel rates
ATF prices are revised on 1st and 16th of every month based on average of benchmark international price and foreign exchange rate in the preceding fortnight
 "ATF price hiked 3 pc; no change in LPG, petrol, diesel rates")
Deepening economic crisis: Chidambaram brings up aviation, telecom
Senior Congress leader P Chidambaram asserted that two major industries -- telecom and aviation -- are on the verge of collapse
 "Deepening economic crisis: Chidambaram brings up aviation, telecom")
SpiceJet auditor unsure of airline's ability to continue as going concern
SpiceJet posted a pre tax loss of Rs 807 crore in Q4FY20 due to an increase in finance charges, depreciation and foreign exchange loss as against Rs 56.3 crore profit in same period last year
 "SpiceJet auditor unsure of airline's ability to continue as going concern")
Even as employees protest LWP policy, Air India begins recruitment drive
Air India Express has put out an advertisement to hire in the finance and medical services department
 "Even as employees protest LWP policy, Air India begins recruitment drive")
Passengers refusing to wear masks not to be allowed to board: US airlines
The Washington Post reported that only children younger than two years of age will be permitted to fly without masks under the new rules
 "Passengers refusing to wear masks not to be allowed to board: US airlines")
United sees around $15-20 million daily cash burn in Q4 if demand bounces
Chicago-based United flew only a fraction of its normal capacity in the second quarter and expects to fly about 35% of its normal summer schedule in the third quarter
 "United sees around $15-20 million daily cash burn in Q4 if demand bounces")
'Air Bubble' and international flights from today: All you need to know
After nearly 4-months, India-US international flights to resume today via 'air bubbles'
 "'Air Bubble' and international flights from today: All you need to know")
American Airlines warns 25,000 workers could lose jobs over falling demand
'The number of layoffs or furloughs could be lower if enough workers take buyouts or accept partially paid leave for up to two years'
 "American Airlines warns 25,000 workers could lose jobs over falling demand")
World Coronavirus Dispatch: Air travel picks up on domestic flight recovery
US sets new one-day record with 60,500 cases, Russian deaths cross 11,000, bringing home seafarers stuck on ships and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Air travel picks up on domestic flight recovery")
Airbus H1 deliveries hit 16-year low despite bounce of 50% in June
Deliveries rose to 36 aircraft in June from 24 in May and a low of 14 in April
 "Airbus H1 deliveries hit 16-year low despite bounce of 50% in June")
Malaysia's AirAsia sees 2020 capacity at 45-60% of 2019 levels on virus hit
AirAsia posted a loss of 803.3 million ringgit ($187.91 million) for the quarter ended March, from 96.1 million ringgit net profit in the year-ago period
 "Malaysia's AirAsia sees 2020 capacity at 45-60% of 2019 levels on virus hit")
India bars UAE airlines from operating flights; efforts on to resolve issue
A formal order has not been issued but UAE airlines, including Air Arabia, Emirates, Etihad and Flydubai, were verbally informed of the decision on Thursday.
 "India bars UAE airlines from operating flights; efforts on to resolve issue")
Over 500,000 Indians returned under Vande Bharat Mission, highest to Kerala
Mission brings them home from 137 countries in less than two months, 94,085 return to Kerala alone
 "Over 500,000 Indians returned under Vande Bharat Mission, highest to Kerala")
US: CDC chief raise concerns about flights operating with full capacity
The US government's top experts in infectious diseases have criticised American Airlines' decision to pack flights full while the coronavirus outbreak continues to grow across much of the US.
 "US: CDC chief raise concerns about flights operating with full capacity")
US equity giant Bain Capital to buy bankrupt Virgin Australia airlines
Virgin went into voluntary administration in April setting off the eight-week sale process
 "US equity giant Bain Capital to buy bankrupt Virgin Australia airlines")
Airbus extends furloughs in UK, Spain to tackle coronavirus fallout
In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on August 9
 "Airbus extends furloughs in UK, Spain to tackle coronavirus fallout")
No dividend for FY20: Thomas Cook's Rs 300-crore cash saving plan
Thomas Cook says it has comfortable liquidity position and is focusing on cash conservation and cost optimisation across all aspects of business in view of uncertain demand scenario
 "No dividend for FY20: Thomas Cook's Rs 300-crore cash saving plan")
Empty skies, emptier flights: Flying on coronavirus-clipped wings
Domestic air passenger traffic declined 43.39 year-on-year during the January-May period
 "Empty skies, emptier flights: Flying on coronavirus-clipped wings")
US airlines threaten to ban passengers who refuse to wear face masks
Major US airlines may prevent anyone not wearing a mask from boarding and provide the coverings to passengers who have none
