All articles by Pilar Wolfsteller – Page 80
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NewsEmbraer secures $600m to shore up its finances
Brazilian aircraft manufacturer Embraer says it secured $600 million in export financing and loans to shore up its liquidity position as it deals with the fallout of the coronavirus crisis and the scuppered tie-up with Boeing.
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NewsIATA re-ups calls on Latin American governments to support airlines
Commercial aviation association IATA has strengthened its calls for Latin American governments to assist their respective airline industries in order to help them survive the coronavirus crisis that has brought the sector to a near-standstill across the region.
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NewsUnited taps into MileagePlus programme for cash
United Airlines says it expects to have a total of $17 billion in liquidity by the end of the third quarter in part by leveraging its MilagePlus passenger loyalty programme, helping support the Chicago-based carrier through the unprecedented crisis that has gripped the travel industry since the beginning of the coronavirus pandemic.
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NewsHoneywell forms new business to advance drone and air taxi technology
Honeywell Aerospace has formed a new business unit designed to holistically support unmanned aerial systems and urban air mobility projects.
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NewsUS government to distribute millions of face coverings to airports
The US government is sending nearly 100 million face coverings to airports and transportation agencies to help ensure travelers protect others from potential coronavirus spread as they use public transit and pass through these facilities.
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NewsUS airlines take jets out of storage, add flights as recovery begins
North America’s airline industry has started a slow but noticeable recovery as carriers bring hundreds of jets back into service in response to a bump in travel demand ahead of the summer travel season.
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NewsTransat-Air Canada merger pushed to fourth quarter
Transat AT, the parent company of Canadian holiday specialist Air Transat, says its merger with legacy carrier Air Canada is still on track and now due to close sometime in the fourth quarter of 2020.
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NewsLaGuardia Terminal B arrivals hall opens
A new arrivals and departures hall at LaGuardia airport’s Central Terminal opened on 10 June, marking another stage in the completion of the terminal’s overhaul.
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NewsAmerican Airlines sees encouraging demand trend
American Airlines says it has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers in April, as travelers once again take to the sky while the global coronavirus crisis enters its fourth month.
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NewsUS flight attendants call for extension of government aid until year-end at minimum
The union representing US flight attendants has called on Congress to extend government financial assistance for airlines through the end of the year.
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NewsPilots face career anxiety after coronavirus disruption
With furloughs on the horizon, pilots stress about careers while airlines worry about future pilot pipelines.
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NewsUS DOT extends financial aid for ‘essential air service’ carriers
The US Department of Transportation (DOT) says it will extend its financial support to airlines that cancel essential air service flights due to ongoing lack of demand stemming from the coronavirus pandemic.
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NewsDelta and LATAM apply to DOT for codeshare approval
Delta Air Lines and Chilean carrier LATAM have applied to the Department of Transportation for blanket approval to operate codeshare routes within each others’ networks.
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NewsBerlin’s Tegel airport to remain open until November
The operator of Berlin’s Tegel International airport, the primary airfield for commercial passenger service to the German capital, has decided to keep the cold-war era field open through October as travel restrictions ease following the global coronavirus pandemic.
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NewsKitty Hawk ends Flyer eVTOL programme
Silicon Valley aviation startup Kitty Hawk has quit its first aircraft programme, called the “Flyer”.
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NewsUSA bans Chinese carriers from mid-June
The US Department of Transportation has banned Chinese airlines from flying to the USA from mid-June in retaliation for a Chinese order that US officials say effectively prohibits US airlines from resuming China flights.
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Airline BusinessLatin carriers feel the pain as crisis deepens
That Latin America’s two biggest operators LATAM Airlines and Avianca have both been forced to file for bankruptcy protections shows the extent to which carriers in the region have quickly found themselves under pressure during the pandemic.
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Airline BusinessNorth American carriers hunker down through crisis
While hard hit North American carriers may have found some comfort from state support packages and the size of its home markets, they have taken action swift action to limit cash burn to protect their businesses while waiting for passenger demand to return
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NewsAir Canada looking to quit Transat deal: reports
French-language media in Canada report that legacy carrier Air Canada is looking to exit its planned takeover of Transat AT, the parent company of Air Transat, as Canada’s biggest airline attempts to manage through the coronavirus crisis while preserving its liquidity.
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NewsDelta retires MD-88s and MD-90s
Delta Air Lines marked the end of an era on 2 June when it retired its final McDonnell Douglas MD-88 and MD-90 aircraft, closing 34 years during which the types served as workhorses in the fleets of US carriers.