Aviation

Shipping group MSC, Lufthansa offer to buy Alitalia successor

Swiss-based shipping group MSC and German carrier Lufthansa want to buy the majority of Alitalia successor ITA Airways and have asked for an exclusivity period of 90 days to study…

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UPDATED: Germany’s Lufthansa in talks to buy 40% stake in Italy’s ITA Airways – sources

BERLIN/ROME, Jan 23 (Reuters) - Germany's flagship carrier Lufthansa is in talks to buy a 40% stake in state-owned Alitalia's successor ITA Airways, two people familiar with the negotiations said…

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Omicron, unruly passengers deter U.S. airline staff from holiday overtime

U.S. airline cabin crew, pilots and support staff are reluctant to work overtime during the holiday travel season despite being lured with hefty financial incentives because of the growing fear…

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U.S. warns 5G wireless use could prompt flight diversions

The U.S. Federal Aviation Administration (FAA) this week warned that interference from planned use of 5G wireless spectrum posed an air safety risk and could result in flight diversions. The…

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Global airlines prepare for Omicron-induced volatility

SYDNEY/CHICAGO Dec 1 (Reuters) - Global airlines are bracing for more volatility due to the Omicron variant of COVID-19 that could force them to juggle schedules and destinations at short…

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Dubai government considering Emirates IPO – airline president

The Dubai government is considering an initial public offering of Emirates airline, the flagship carrier's President Tim Clark said on Monday, as authorities work to boost activity on the local stock market.…

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UK to review COVID travel rules in January, Considering airport slots reform

LONDON, Nov 22 (Reuters) - Britain will review its COVID travel rules in January and is looking at reforming its airport slots system as part of a wider new aviation…

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Emirates cargo boss says supply chain constraints could stretch beyond 2022

Global supply chain constraints will continue to hit freight movers until at least the end of next year and could stretch beyond 2022 as logistics companies struggle with labour shortages…

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Some airlines risk failure if they do not cut emissions faster – industry report

SYDNEY, Oct 28 (Reuters) - Some airlines risk failure if they do not cut carbon emissions quicker in the next three to five years due to a mismatch between short-term…

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UK’s Heathrow Airport flags tepid travel recovery until 2026

Britain's Heathrow Airport Ltd said on Tuesday it was still reporting losses and does not expect air traffic to recover completely until at least 2026 even as the travel industry gathered steam…

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Standardization of travel rules key for Latin America airlines’ recovery

Getting standardized rules for international travelers amid the coronavirus pandemic is the biggest hurdle for Latin American airlines, with their recovery threatened by a lack of consensus among health authorities,…

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Alitalia dies after 75 turbulent years, hands over to ITA

MILAN, Oct 14 (Reuters) - Alitalia, a one-time symbol of Italian style and glamour brought low by economic mismanagement, will operate its last flight on Thursday after 75 years, before handing…

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Asia’s airlines ramp up flights, offers as tough COVID travel curbs ease

Asia-Pacific airlines have lost billions of dollars this year, with jets grounded in COVID-19 transportation freezes. Now, as some of the world's strictest pandemic-related travel rules begin to ease, they're…

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Major EU airlines agree to refund passengers after pandemic flight cancellations

A group of European airlines agreed to refund passengers whose flights were cancelled during the COVID-19 pandemic, and committed to provide better information on passengers’ rights in future. After talks…

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Unruly airline passenger incidents fall amid fines, but still high -U.S. FAA

The rate of unruly airline passenger incidents has dropped sharply since regulators moved to impose fines in January but remains twice as high as last year, the Federal Aviation Administration…

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Flights between Malta and Libya resume

The Libya Observer - The first flight from Malta to Libya touched down in Tripoli's Mitiga Airport on Monday to pave the way for resuming flights between the two countries…

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Indian airlines fly high as August passenger traffic surges

Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month as the government started to ease COVID-related travel…

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Tougher EU airport slot rules trigger Asia retaliation threat, risk industry trade war

Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the…

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Asian airlines report high vaccination uptake among crew

Asian airlines are reporting high vaccination take-up rates among pilots and cabin crew as they wait for the region's tight pandemic-related border controls to be relaxed. International travel in the…

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Germany to sell up to a quarter of its Lufthansa stake

Germany plans to sell up to a quarter of its 20% stake in Lufthansa over the coming weeks, the German finance agency said on Monday, citing positive developments at the bailed-out airline.…

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Boeing jets emissions data highlights industry’s green challenge

Commercial jets delivered by Boeing Co last year will account on average for emissions equivalent to 1 million tonnes of carbon dioxide each over their 20-year-plus lifespans, a new report…

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EU set to propose aviation fuel tax

The European Commission has drafted plans to set an EU-wide minimum tax rate for polluting aviation fuels, as it seeks to meet more ambitious targets to fight climate change, a document seen by Reuters…

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UPDATED: Plane with 28 on board crashes into sea in Russia’s far east -RIA

A Russian Antonov An-26 airplane with 22 passengers and six crew members on board went missing on Tuesday in the far east Kamchatka peninsula in Russia, the country’s emergencies ministry…

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Draft shows EU to propose aviation fuel tax in green policy push

The European Commission has drafted plans to set an EU-wide minimum tax rate for polluting aviation fuels, as it seeks to meet more ambitious targets to fight climate change, a…

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Lufthansa, campaigners urge EU to set ‘e-kerosene’ green jet fuel target

The European Union should set binding targets for airlines to use a share of green "e-kerosene" to reduce carbon emissions, Lufthansa and a group of environmental campaigners, fuel producers and…

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Europe’s Wizz Air expects to fully recovery from pandemic next year

European budget carrier Wizz Air expects to fully recover from the coronavirus crisis as travel demand rebounds from the pandemic, its chief executive said on Monday. Speaking at the virtual…

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Dubai Airshow to take place under capacity restrictions, organiser says

The Dubai Airshow, this year's biggest aerospace trade show and a spectacle for business deals worth billions of dollars, will be held under capacity restrictions in November due to the…

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Aeroflot restores Soviet-era routes at home amid closed borders -CEO

Russia's top airline Aeroflot is restoring Soviet-era routes hoping that direct flights which bypass traditional hubs help increase traffic amid closed borders, CEO Mikhail Poluboyarinov told Reuters. Like many other…

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Ryanair raises 1.2 billion euros in oversubscribed bond sale

Ryanair raised 1.2 billion euros ($1.5 billion) at a record low coupon rate in a five-year bond sale on Tuesday, as Europe's largest low-cost airline took advantage of favourable market…

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Air France uses cooking oil to fly to Canada as green fuel debate rages

Air France-KLM flew a biofuel-powered Airbus A350 from Paris to Montreal on Tuesday, demonstrating the airline's readiness to adopt low-emissions fuel despite deep industry divisions over the pace of its…

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Ryanair to appeal UK court order to compensate strike-hit customers

DUBLIN, April 29 (Reuters) - Ryanair is to appeal a British High Court ruling that it must compensate customers hit by a 2018 pilot strike, the airline said on Thursday.…

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Airbus shakes up aero parts manufacturing

Airbus has launched the biggest shake-up of its manufacturing network in more than a decade, with large-parts activities reorganized in France and Germany and some small-parts production hived off ahead…

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Russia restricts flights to Turkey as COVID-19 cases increase

MOSCOW, April 12 (Reuters) - Russia has decided to restrict flights to and from Turkey from April 15 until June 1 due to a rise in COVID-19 cases, Russian Deputy…

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Airlines blast Britain’s travel restart plan, Jet2 cancels holidays until June

LONDON, April 9 (Reuters) - Major British travel company Jet2 said it was cancelling holidays until late June, blaming uncertainty from UK government plans for restarting international travel that were…

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Jet fuel demand ‘showing signs of life’

Jet fuel demand is picking up, according to a senior refining executive, which could give refiners some hope after the global pandemic boosted distillate inventories and sank margins. Refiners have…

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Ryanair says Air France bailout to damage competition for decades

A recapitalisation of Air France-KLM that will see France more than double its stake to nearly 30% will damage competition for decades to come, Europe's largest low-cost carrier Ryanair said…

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German minister sees holidays possible from end of June

Summer holidays and visits to restaurants to be possible from the end of June, supported by the mass rollout of vaccines against the coronavirus, German Deputy Economy Minister Thomas Bareiss…

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Lufthansa unit Swiss could announce more job cuts – CEO

Deutsche Lufthansa's unit Swiss could announce additional job cuts in the second quarter as the pandemic crimps air travel, its chief executive told Swiss newspaper SonntagsBlick. Last October, Swiss announced…

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France and EU close to reach deal on Air France bailout conditions – report

The French government and the European Union's executive are close to an agreement on the terms of a bailout for Air France, which like other carriers has been hammered by…

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Portugal’s TAP may need more aid than planned in 2021, minister says

LISBON, Feb 14 (Reuters) - Portugal may have to provide more than the 500 million euros ($606 million) it budgeted for ailing airline TAP this year due to the worsening…

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EU lawmakers extend airline slot relief through summer

The European Parliament on Thursday approved measures to suspend competitive access to airport slots throughout the summer as the coronavirus travel slump drags on. Under normal rules, airlines must use…

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U.S. safety board cites poor pilot decisions as likely cause of Kobe Bryant fatal crash

The helicopter crash that killed NBA legend Kobe Bryant, his daughter and six other passengers was probably caused by the pilot becoming disoriented after flying into clouds, investigators said Tuesday.ADVERTISING Ara Zobayan,…

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EU flags concern over Austrian minimum airfare plan

BRUSSELS, Feb 3 (Reuters) - The EU has raised concerns over Austrian plans to set a minimum airfare, a spokesman said, weighing in on an environmental policy debate that pits…

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Ryanair forecasts record annual loss as COVID-19 ‘wreaks havoc’

DUBLIN, Feb 1 (Reuters) - Ryanair expects to lose close to 1 billion euros in its current financial year, by far its worst ever performance, but Europe's largest low-cost carrier…

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Europe lifts flight safety ban on Boeing 737 MAX jet

Jan 27 (Reuters) - European regulators on Wednesday lifted a 22-month ban on flights of the Boeing 737 MAX after a design and pilot training overhaul in the wake of…

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Airlines face more turbulence before vaccine relief

For a year expected to mark a turning point for pandemic-stricken European airlines, 2021 is off to a rough start. A resurgence of COVID-19 lockdowns has killed off a fragile…

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Canada to lift Boeing 737 MAX flight ban on January 20

Canada said on Monday it will lift a near two year flight ban on Boeing Co's 737 MAX on Jan. 20, joining other countries like the United States that have brought the aircraft back following two fatal crashes involving the model. Regulator…

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First MaltaAir Boeing 737 Max spotted in Washington

A Twitter account specialising in the airline industry, has revealed the first images from Washington of the first painted winglets bound for a Malta Air Boeing 737 MAX aircraft have…

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UPDATED – Indonesian plane crashes after take-off with 62 aboard

Updated 1940 - JAKARTA, Jan 9 (Reuters) - A Sriwijaya Air plane crashed into the sea on Saturday minutes after taking off from Indonesia's capital Jakarta on a domestic flight…

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EasyJet signs new five-year term loan facility

Jan 8 (Reuters) - UK airline EasyJet announced a new five-year term loan facility of $1.87 billion (c.£1.4 billion) on Friday, which will be secured on aircraft upon drawing. "This…

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Aviation reinsurance rates rise by up to 250% – report

Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report on Monday, with the market still reeling from…

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Aviation deaths rise worldwide in 2020 even as fatal incidents, flights fall

The number of people killed in large commercial airplane crashes rose in 2020 to 299 worldwide, even as the number of crashes fell by more than 50%, a Dutch consulting…

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German pilot makes point with syringe in the sky

FRANKFURT (Reuters) - German pilot Samy Kramer has traced a giant syringe in the sky, flying 200 kilometers to remind people about the start of the COVID-19 vaccination campaign in…

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Boeing ‘inappropriately coached’ pilots in 737 MAX testing -U.S. Senate report

WASHINGTON, Dec 18 (Reuters) - Boeing officials "inappropriately coached" test pilots during recertification efforts after two fatal 737 MAX crashes killed 346 people, according to a lengthy congressional report released…

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Paris Airshow cancelled in blow to aerospace recovery

PARIS, Dec 7 (Reuters) - The Paris Airshow has been cancelled for the first time since World War Two, raising questions about the speed of the aerospace industry's recovery from…

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Lufthansa to shed 29,000 workers by end of year – Bild am Sonntag

BERLIN, Dec 5 (Reuters) - Lufthansa will have shed 29,000 staff by the end of the year and the German airline will cut another 10,000 jobs in its home country…

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Japan’s ANA to raise $3.2 bln in shares to weather pandemic, pay for planes

Japan's biggest airline ANA Holdings said on Friday it will issue new shares to raise 332 billion yen ($3.2 billion) to pay for Boeing 787 jets it has ordered and…

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