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Spirit of cooperation is heavily needed
The COVID-19 pandemic has had a devastating effect on the global aviation industry, but one region which has been particularity hard hit is Latin America.
Firstly, many airlines in the region were struggling to make a profit even before the COVID-19 crisis. 2019 was a loss-making year and the original forecast for 2020 showed a per passe… read more
China’s recovery improves as daily passengers top 1 million
The number of daily passengers carried by airlines in China topped the 1 million mark on June 5—the first time in four months the figure has been achieved.
According to figures released by the Civil Aviation Administration of China (CAAC), the total number of passengers flying during the day was 1.04 million. This is the hi… read more
Lufthansa plans asset sales to repay bailout loans
German airline Lufthansa signalled sweeping job cuts and said it plans to sell off assets to help repay a €9 billion (Dh36bn) coronavirus bailout from the German government.
Europe’s biggest airline will slash employee expenses and look at spin-offs to bolster cash flow as the coronavirus crisis depresses revenue, it said in a state… read more
Rwanda, Ghana & 6 other African countries get Visa Waivers from Barbados
Citizens of eight African countries willing to travel to explore and enjoy the beautiful sceneries of Barbados can now do so with relative ease as the Caribbean nation has waived Visa requirements for them. The eight countries include Cameroon, Ethiopia, Liberia, Morocco, Rwanda, Senegal, Burkina Faso and Ghana from which Barbados … read more
China: Trip.com reports huge loss in wake of COVID-19
China’s leading online travel firm reported huge financial loss due to the impact of the COVID-19 global pandemic. According to financial report released today, Shanghai-based Trip.com Group Limited, recorded 1.5 billion yuan (about 211 million U.S. dollars) loss from operations in the first quarter of this year.
The group reported … read more
Cruise Ships With Fewer Passengers??
This week, Bahamas Paradise Cruise Line announced a series of enhanced health and safety protocols in preparation for when its cruise ships resume operations from 25 July.
Among the new measures, the cruise line has said that it w… read more
Boeing restars 737 MAX production in Renton, Washington
Boeing has resumed production of the 737 MAX at the company’s Renton, Washington factory. The 737 program began building airplanes at a low rate as it implements more than a dozen initiatives focused on enhancing workplace safety and product quality.
“We’ve been on a continuous journey to evolve our production system and make it eve… read more
Latin America: Latam Air files for bankruptcy
Latam Airlines Group SA, Latin America’s largest air carrier, sought bankruptcy court protection in New York after the Covid-19 pandemic grounded flights across the region.
The Chapter 11 petition allows Latam to keep operating while the Chilean carrier works out a plan to pay creditors and turn around the business. Latam, whose sha… read more
British Airways still to do 47,000 repayments for unused tickets
British Airways boss Willie Walsh said that repayment for 47,400 bookings remained outstanding as airlines came under fire for failing to reimburse travellers. Mr Walsh said that it had refunded 921,000 tickets and provided vouchers for another 346,000 customers who had cancelled bookings.
The UK consumer organisation said that it h… read more
Only 7 out of 14 Airbus A380s Lufthansa will fly again
Today, Lufthansa has confirmed that only half of its 14 Airbus A380s will ever fly again once the coronavirus pandemic is over and they will all operate out of Munich Airport, not Frankfurt.
From Lufthansa’s point of view, a distribution to two locations is no longer justifiable “logistically and economically” as the crisis hit the … read more
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