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Tag Archives: aviation

Easing restrictions will boost US airlines but business travel still unclear

CHICAGO: U.S. airlines will benefit from the Biden administration's decision https://www.reuters.com/world/uk/us-relax-travel-restrictions-passengers-uk-eu-november-source-2021-09-20 on Monday to reopen the country to fully-vaccinated air travelers from around the world, experts said, but the outlook for lucrative business travel was less certain.

Lifting restrictions will allow tens of thousands of foreign nationals to fly to the United States. It also gives the big three air carriers, American Airlines, United Airlines and Delta Air Lines, a chance to recover part of their trans-Atlantic business.

Moody's Investors Service estimates the White House decision would result in a "stronger" oper

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Cathay Pacific lowers Q4 capacity forecast as travel restrictions linger

HONG KONG: Hong Kong's Cathay Pacific Airways Ltd said on Monday it had lowered its passenger capacity forecast for the remainder of the year to 13% of pre-COVID levels, down from an earlier 30% target for the fourth quarter as travel restrictions linger.

The airline said it continued to target cash burn of less than HK$1 billion ($130 million) a month for the rest of the year.

Hong Kong lacks a domestic aviation market and has some of the world's toughest pandemic-related travel restrictions.

The city requires fully vaccinated travellers from destinations considered "high-risk", including the United States and Britain, to spend three weeks in hotel quarantine.

Cathay last month said its target of reaching 30% of pre-COVID passenger capacity

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Airbus reaches deal to restructure AirAsia jet order

PARIS: Airbus has agreed to cut prices or reschedule delivery for hundreds of jets ordered by Malaysia's AirAsia to salvage a contract worth tens of billions of dollars with its largest Asian customer, industry sources said on Friday.

The restructuring deal resets relations between two of the industry's closest partners, torn apart by the financial impact of the coronavirus crisis, and lifts uncertainty over the fate of up to 400 A320-family single-aisle jets yet to be delivered.

Airbus declined comme

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With creditor talks progress, AirAsia X eyes end-Oct meets

KUALA LUMPUR: AirAsia X Bhd (AAX) has made "substantial progress" in months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said.

CEO Benyamin Ismail told Reuters in a telephone interview that negotiations and discussions with lessors, planemaker Airbus SE and service providers have progressed, but declined to detail what had been agreed.

The airline, an affiliate of

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MASkargo to widen market reach via partnership with cargo.one

KUALA LUMPUR: MASkargo has entered into a distribution agreement with leading e-booking platform cargo.one to bring a first-class digital booking experience to its customers and to expand its presence in key cargo markets.

In a joint statement today, they said freight forwarders using cargo.one will soon have access to MASkargo’s real-time rates and capacity at the click of a button and receive immediate confirmation of their bookings.

Freight forwarders will also benefit from MASkargo’s network into Asia and Australia as it delivers on its global expansion strategy.

"The platform will increase the airline’s service quality and efficiency, and the ongoing partnership support and access to data will also enhance MASkargo’s ability to manage d

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Flying-taxi hubs planned for 65 cities spanning London to LA

A network of flying-taxi hubs is planned for 65 cities in a tie-up between infrastructure firm Urban-Air Port and South Korean automaker Hyundai Motor Co, which is developing a vertical take-off and landing craft. Bases are planned in the UK, the US, France, Germany, Scandinavia, Australia, South Korea and South-East …

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