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airline industry

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"What's really set off governments is the variants, and the fear they will escape the protection offered by vaccines," said David Heymann, a professor at the London School of Hygiene and Tropical Medicine. In picture - Passengers at Heathrow Airport in London.(Bloomberg)

Covid-19: Airlines urge G7 to adopt data-driven approach to reopening travel

Reuters | , Paris
PUBLISHED ON JUN 03, 2021 01:31 AM IST
Willie Walsh, head of the International Air Transport Association (IATA), also said during an online event that airlines and passengers should be allowed to assess travel risks based on increasingly abundant health data.
FILE - In this March 25, 2020 file photo, United Airlines planes are parked at George Bush Intercontinental Airport in Houston. With more people feeling increasingly comfortable with traveling now that vaccinations are taking place, airlines are trying to accommodate the pent up demand by adding flights worldwide. United Airlines said Thursday, March 25, 2021, that in May it’s adding 26 new nonstop routes between Midwest cities and popular vacation destinations. (AP Photo/David J. Phillip, File)(AP)
FILE - In this March 25, 2020 file photo, United Airlines planes are parked at George Bush Intercontinental Airport in Houston. With more people feeling increasingly comfortable with traveling now that vaccinations are taking place, airlines are trying to accommodate the pent up demand by adding flights worldwide. United Airlines said Thursday, March 25, 2021, that in May it’s adding 26 new nonstop routes between Midwest cities and popular vacation destinations. (AP Photo/David J. Phillip, File)(AP)

Threat of another summer lost to Covid-19 stirs cash-crunch fears for airlines

Bloomberg |
PUBLISHED ON MAR 26, 2021 11:17 AM IST
  • A second summer lost to the coronavirus crisis would likely trigger a spate of airline failures and bankruptcy filings, alongside a repeat of 2020’s bailouts, job cuts, and jetliner deferrals and cancellations
Tourism groups push US to boost international travel by eliminating restrictions(Photo by Joel Mott on Unsplash)
Tourism groups push US to boost international travel by eliminating restrictions(Photo by Joel Mott on Unsplash)

Tourism groups push US to boost international travel by eliminating restrictions

AP |
UPDATED ON MAR 23, 2021 09:38 AM IST
  • 'The time to plan for and chart a defined roadmap to reopen international travel is now': More than two dozen tourism groups write to White House and push for a plan to speed up the recovery of the travel and airline industries amid Covid-19
At the start of the Covid-19 pandemic a year ago, carriers sought to suspend EU rules requiring refunds for cancellations. They instead issued vouchers to customers as hundreds of thousands of flights were grounded.(Unsplash)
At the start of the Covid-19 pandemic a year ago, carriers sought to suspend EU rules requiring refunds for cancellations. They instead issued vouchers to customers as hundreds of thousands of flights were grounded.(Unsplash)

Airlines urge relaxation on refunds as EU probes passenger rights

Reuters | , Brussels
PUBLISHED ON MAR 05, 2021 10:45 AM IST
European airlines on Thursday renewed a push to relax refund rules as EU auditors and the European Commission started separate probes into air passenger rights and whether they were being respected.
The White House said the meeting with climate adviser Gina McCarthy and Transportation Secretary Pete Buttigieg also touched on economic policy and curbing the spread of Covid-19 — travel has been a vector for the virus.(Unsplash)
The White House said the meeting with climate adviser Gina McCarthy and Transportation Secretary Pete Buttigieg also touched on economic policy and curbing the spread of Covid-19 — travel has been a vector for the virus.(Unsplash)

Airline CEOs, Biden officials consider green-fuel breaks

AP |
PUBLISHED ON FEB 27, 2021 11:13 AM IST
Chief executives of the nation's largest passenger and cargo airlines met with key Biden administration officials Friday to talk about reducing emissions from airplanes and push incentives for lower-carbon aviation fuels.
Airlines plan to ask passengers for contact-tracing details(Unsplash)
Airlines plan to ask passengers for contact-tracing details(Unsplash)

US airlines may soon be asking passengers for contact-tracing details

AP | , Washington
UPDATED ON FEB 20, 2021 07:26 AM IST
  • People travelling to the United States will soon have to provide information that public health officials could use for contact tracing during the pandemic.
The push reflects the hefty price that US taxpayers may be asked to pay as President Joe Biden seeks to follow through on his plan to both decarbonize the US economy by 2050. (Pixabay)
The push reflects the hefty price that US taxpayers may be asked to pay as President Joe Biden seeks to follow through on his plan to both decarbonize the US economy by 2050. (Pixabay)

Airlines, renewables companies push Biden to make air travel greener

Reuters | , New York
PUBLISHED ON FEB 19, 2021 05:13 PM IST
US airlines and renewables companies are lobbying the Biden administration to back a big increase in subsidies for lower-carbon aviation fuel, arguing new incentives are needed to help fight climate change.
The new law replaces the EU’s full suspension of the “use-it-or-lose-it” slot rule to help airlines as border closures and lockdown restrictions wiped out travel.(Pixabay)
The new law replaces the EU’s full suspension of the “use-it-or-lose-it” slot rule to help airlines as border closures and lockdown restrictions wiped out travel.(Pixabay)

Airlines to get extended EU relief on us of airport slots

Bloomberg |
PUBLISHED ON FEB 11, 2021 07:26 PM IST
The European Union prolonged pandemic-induced regulatory relief for airlines, only partially reimposing a requirement that they use their airport slots when a 12-month waiver ends next month.
Acknowledgement of that principle from the United Nations agency is vital to the development of a digital-travel pass aimed at getting people moving again once infection rates ease. (Unsplash)
Acknowledgement of that principle from the United Nations agency is vital to the development of a digital-travel pass aimed at getting people moving again once infection rates ease. (Unsplash)

Airlines ask WHO to back quarantine-free travel after vaccines

Bloomberg |
PUBLISHED ON JAN 28, 2021 09:33 AM IST
The airline industry has called on the World Health Organization to rule it’s safe for people to fly without quarantining once they’ve had a coronavirus vaccine.
Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booking summer holidays and Germany mulled a drastic new clampdown on travel even within the EU.(Unsplash)
Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booking summer holidays and Germany mulled a drastic new clampdown on travel even within the EU.(Unsplash)

Airline outlook dims again as new travel curbs threaten summer

Reuters |
PUBLISHED ON JAN 27, 2021 03:46 PM IST
Recovery prospects for Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booking summer holidays and Germany mulled a drastic new clampdown on travel even within the EU.
Bookings for the third quarter of 2021, the heart of the airline industry’s peak season, will only be 40% below pre-pandemic levels.(Pixabay)
Bookings for the third quarter of 2021, the heart of the airline industry’s peak season, will only be 40% below pre-pandemic levels.(Pixabay)

United Air holds out hope for summer travel on vaccine progress

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON DEC 12, 2020 12:04 PM IST
United Airlines Holdings Inc. predicted that sales will rebound next summer as vaccines take hold, even as the company echoed rivals in warning that surging coronavirus cases have caused near-term demand to weaken over the past month.
IATA, which represents about 290 airlines globally, is working with the International Civil Aviation Organization and the World Health Organization to put in place scalable, affordable and fast testing systems.(Unsplash)
IATA, which represents about 290 airlines globally, is working with the International Civil Aviation Organization and the World Health Organization to put in place scalable, affordable and fast testing systems.(Unsplash)

Airlines working with WHO on testing to replace quarantine

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON OCT 19, 2020 02:26 PM IST
The International Air Transport Association is working to set up a testing system that will replace compulsory quarantine to help revive the airline industry that’s been decimated by the coronavirus outbreak.
There were aspirations a while back that the three months through September might see enough of a recovery from coronavirus lockdowns to keep airlines’ heads above water.(Unsplash)
There were aspirations a while back that the three months through September might see enough of a recovery from coronavirus lockdowns to keep airlines’ heads above water.(Unsplash)

Winter is coming for the world’s airlines

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON OCT 10, 2020 03:29 PM IST
As the first chills of winter arrive, it’s increasingly clear that the airline industry is as deep in the hole as it ever was.
The new rules are tougher on travellers than on people who have been confirmed with Covid-19, the airlines said.(Bloomberg)
The new rules are tougher on travellers than on people who have been confirmed with Covid-19, the airlines said.(Bloomberg)

UK’s biggest airlines launch legal action over quarantine rules

London | By Bloomberg
PUBLISHED ON JUN 12, 2020 03:00 PM IST
The government’s plan “will have a devastating effect on British tourism and the wider economy and destroy thousands of jobs,” the airlines said Friday in an emailed statement. They’ve asked for their judicial review to be heard as soon as possible.
Boeing gained 1% to $146.23 at 12:14 p.m. in New York. The stock has plunged 55% this year, the worst performance in the Dow Jones Industrial Average.(Reuters)
Boeing gained 1% to $146.23 at 12:14 p.m. in New York. The stock has plunged 55% this year, the worst performance in the Dow Jones Industrial Average.(Reuters)

Boeing begins cutting workforce with 6,770 layoffs in US

Bloomberg | By Bloomberg
UPDATED ON MAY 27, 2020 10:08 PM IST
The collapse in air travel sparked by the coronavirus pandemic has sapped demand for jetliners, forcing Boeing to scale back its commercial business, Chief Executive Officer Dave Calhoun said Wednesday in a message to employees.
The COVID-19 pandemic has brought a virtual halt in air travel, leading to an unprecedented number of flight cancellations globally and forcing airlines to book hefty losses.(Unsplash)
The COVID-19 pandemic has brought a virtual halt in air travel, leading to an unprecedented number of flight cancellations globally and forcing airlines to book hefty losses.(Unsplash)

Airline industry not likely to recover for at least a year: Southwest CEO

Reuters| Posted by Kabir Bhandari | By HT Correspondent
UPDATED ON MAY 16, 2020 05:15 PM IST
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said.
Under the plan, people who arrive at airports, ports and Eurostar railway stations will be asked to provide the address they will self-isolate for two weeks upon arrival by filling out a digital form.(AP)
Under the plan, people who arrive at airports, ports and Eurostar railway stations will be asked to provide the address they will self-isolate for two weeks upon arrival by filling out a digital form.(AP)

After months of no checks, UK mulls quarantine for visitors

Hindustan Times, London | By Prasun Sonwalkar
PUBLISHED ON MAY 09, 2020 06:38 PM IST
The airlines industry warned of a debilitating effect of the measure. Ministers and health officials previously claimed checking and quarantining visitors had a marginal effect, but the new plan led many to demand why now, after over 31,000 people have died in the UK.
Gold imports have been suffered because the airline industry, which brings the precious metal to Indian shores, is completely shut down due to Covid-19 lockdown.(Bloomberg File Photo)
Gold imports have been suffered because the airline industry, which brings the precious metal to Indian shores, is completely shut down due to Covid-19 lockdown.(Bloomberg File Photo)

India’s April gold imports plunge 99.9% to three-decade low: Report

Hindustan Times, New Delhi | By hindustantimes.com | Edited by: Amit Chaturvedi
UPDATED ON MAY 05, 2020 09:58 AM IST
Imports were negligible in April due to a nationwide lockdown which has rippled through the country’s economy, shuttering many industries.
Boeing workers wear masks at the Boeing Renton Factory, where 737 MAX airliners are manufactured, as commercial airplane production resumes following a suspension of operations last month in response to the coronavirus pandemic.(Reuters File Photo)
Boeing workers wear masks at the Boeing Renton Factory, where 737 MAX airliners are manufactured, as commercial airplane production resumes following a suspension of operations last month in response to the coronavirus pandemic.(Reuters File Photo)

Covid-19 impact: Boeing CEO sees slow airline rebound, no dividend for shareholders for ‘years’

New York | By Agence France-Presse
UPDATED ON APR 28, 2020 06:16 AM IST
Even before Covid-19 broke out, Boeing was already under pressure after two crashes of its 737 MAX killed 346 people, leading to its global grounding since March 2019.
Higher fares, fewer routes, pre-flight health checks and less free food: The coronavirus pandemic is ushering in a new era of air travel.(Unsplash)
Higher fares, fewer routes, pre-flight health checks and less free food: The coronavirus pandemic is ushering in a new era of air travel.(Unsplash)

How coronavirus will forever change the airline industry and the way we fly

By Bloomberg
UPDATED ON APR 26, 2020 09:16 AM IST
A seismic shift is underway as the world’s airlines reassess their operations and how they will look emerging from the crisis. At eerily empty airports, mask-wearing and social distancing already show a behavioural change among the few staff and travellers left.
With less than a month left in 2019, the trade body lowered its annual profit estimate to $25.9 billion - $2.1 billion less than it predicted in June, and almost $10 billion down from forecasts published a year ago.(Unsplash)
With less than a month left in 2019, the trade body lowered its annual profit estimate to $25.9 billion - $2.1 billion less than it predicted in June, and almost $10 billion down from forecasts published a year ago.(Unsplash)

Here’s how miserable 2019 was for the airline industry

By Bloomberg
UPDATED ON DEC 13, 2019 05:45 PM IST
Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth and global trade wars, the International Air Transport Association said.
Indian carriers have been facing significant losses for last few quarters in the current financial year.(Unsplash)
Indian carriers have been facing significant losses for last few quarters in the current financial year.(Unsplash)

Surging aircraft deliveries will keep airfare under pressure in 2020: IATA official

Press Trust of India | By HT Correspondent, Geneva
UPDATED ON DEC 12, 2019 12:26 PM IST
With Boeing 737 Max expected to return to service next year, overall aircraft deliveries are likely to increase in 2020 and this will continue to keep airfares under pressure, said a senior official of global airlines body IATA on Wednesday.
(Unsplash)
(Unsplash)

Artificial intelligence may help air travellers save money

Washington | By Press Trust of India
UPDATED ON AUG 03, 2019 01:36 PM IST
The pricing models use a combination of AI techniques -- machine learning and deep neural networks -- to track and assign a level of demand on an individual customer’s flight preferences, the researchers said.
The current financial troubles Indian airlines find themselves in, and objections raised by them, have prompted the government to put on hold a so-called passenger charter detailing the rights flyers are entitled to, two civil aviation ministry officials said on condition of anonymity.(AP File Photo)
The current financial troubles Indian airlines find themselves in, and objections raised by them, have prompted the government to put on hold a so-called passenger charter detailing the rights flyers are entitled to, two civil aviation ministry officials said on condition of anonymity.(AP File Photo)

Charter to ease air travel pushed back, airlines not on board

Hindustan Times, New Delhi | By Faizan Haider
UPDATED ON NOV 17, 2018 10:21 AM IST
A draft of the charter said passengers could cancel tickets free of charge as long as this was done within 24 hours of booking and at least four days ahead of the scheduled departure. It also allowed them to make corrections in the name on the ticket at no extra cost. Airlines objected to both.
The government proposal for full a refund if a customer cancels a ticket within 24 hours of booking will upset the pricing strategy that enables the industry to provide low airfare.(Reuters File Photo)
The government proposal for full a refund if a customer cancels a ticket within 24 hours of booking will upset the pricing strategy that enables the industry to provide low airfare.(Reuters File Photo)

Airlines may hike fares if govt calls for full refund of cancelled tickets

Livemint, New Delhi | By Gireesh Chandra Prasad
UPDATED ON JUN 15, 2018 08:56 AM IST
A government charter on passenger rights proposed a full refund of cancelled tickets within 24 hours of booking, among other proposals, which airlines say will upset the pricing strategy.
A finance ministry official said there has been good response from entities in the airline industry as well as corporates for buying stake in the debt-ridden national carrier Air India.(Reuters/File Photo)
A finance ministry official said there has been good response from entities in the airline industry as well as corporates for buying stake in the debt-ridden national carrier Air India.(Reuters/File Photo)

Air India bids open to all with enough resources: Finance ministry

Press Trust of India, New Delhi | By HT Correspondent
PUBLISHED ON APR 19, 2018 01:57 PM IST
The government had last month floated a preliminary information memorandum inviting bidders to buy 76 per cent stake in loss-making Air India along with transfer of management control.
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