Cebu Pacific to raise US$ 500m fresh capital
Manila – Philippine budget carrier Cebu Pacific (CEB) is seeking to raise US$500 million in additional capital to beef up its balance sheet so as to weather the pandemic storm. CEB told the Philippine Stock Exchange that it will seek … Continue reading Cebu Pacific to raise US$ 500m fresh capital
Coronavirus: Hong Kong bans Air India flights
Hong Kong – Air India has been banned from flying to Hong Kong for two weeks for carrying too many passengers infected with Covid-19. The government acted after linking 11 imported cases on an Air India flight from Delhi on August … Continue reading Coronavirus: Hong Kong bans Air India flights
Covid-19 Health Check List for Airlines
Montreal – The International Air Transport Association (IATA) released an airline self-assessment health checklist to support the International Civil Aviation Organization’s (ICAO) Take-off: Guidance for Air Travel through the COVID-19 Public Health Crisis. The Take-off guidance is the global standard framework of … Continue reading Covid-19 Health Check List for Airlines
Malaysia: AirAsia logs record loss in first-quarter
KUALA LUMPUR – Malaysian budget carrier AirAsia Group Bhd reported its largest quarterly loss, battered by a collapse in demand for air travel amid the coronavirus pandemic as well as losses on fuel hedges settlement. It reported a net loss of 803.3 … Continue reading Malaysia: AirAsia logs record loss in first-quarter
STAR ALLIANCE guarantees hygiene safety
FRANKFURT – To support efforts in restoring public confidence in air travel, Star Alliance, the world’s largest global airline alliance, and its member airlines have been working on a series of measures to ensure health & hygiene safety of customers … Continue reading STAR ALLIANCE guarantees hygiene safety
Cathay bailout to protect Hong Kong’s economic future
Hong Kong – Cathay’s restructuring package marks the first time the Hong Kong government has directly injected money into a private company. Photo: Felix Wong The Hong Kong government is leading a massive HK$39 billion (US$5 billion) bailout of struggling Cathay … Continue reading Cathay bailout to protect Hong Kong’s economic future
Do Airlines Need to Refund Canceled Tickets ?
Washington – Five U.S. senators have introduced legislation that would require major airlines and ticket sellers to provide consumers with cash refunds for all cancelled tickets during the COVID-19 pandemic. If passed, it would make the airlines legally responsible for … Continue reading Do Airlines Need to Refund Canceled Tickets ?
Brett J. Hart Named President of United Airlines
CHICAGO – United Airlines (NASDAQ: UAL) today announced that effective May 20, 2020, Brett J. Hart, Executive Vice President and Chief Administrative Officer, will be appointed President of United Airlines Holdings, Inc. – a continuation of the company’s leadership succession … Continue reading Brett J. Hart Named President of United Airlines
Airlines Introduce New Cleaning Procedures
Secaucus, NJ – With shelter-in-place orders expiring and businesses reopening, airlines are implementing new safety standards in an effort to assuage traveler fears and get people back in the air. The initiatives follow new cleaning protocols that have been launched across the hotel … Continue reading Airlines Introduce New Cleaning Procedures
Cathay: Virus outbreak causes anxiety for customers
Hong Kong – A Cathay Pacific flight attendant and six more members of a tour group that recently visited Egypt were among the nine new Covid-19 cases confirmed in Hong Kong on Wednesday, taking the city total to 129. A … Continue reading Cathay: Virus outbreak causes anxiety for customers