American Airlines cancels hundreds of weekend flights – The Denver Post

DALLAS — American Airlines has canceled more than 1,600 flights over the past three days, citing blustery conditions in Texas and a shortage of flight attendants. The disruptions were similar in their initial cause and size to problems suffered in early October by Southwest Airlines, and they raised ominous questions

Brazil bus company Itapemirim braves long odds to launch airline

SAO PAULO (Reuters) – Brazilian bus company Itapemirim is launching a new airline in June, betting it can dodge the financial ruin that has grounded many rival carriers even though the land transport company just spent five years reorganizing under bankruptcy protection.FILE PHOTO: A Latam Airlines airplane is seen at

Frontier Airlines executives are all about optimism even as financial results show COVID cut revenue in half

Frontier Airlines has been a publicly traded company for six weeks now. Executives with the Denver-based low-cost carrier marked the milestone on Thursday by holding their first financial results call, focusing on the bright side as the country and airline industry slowly crawls out of the hole created by the

Australia to aid tourism with 800,000 half-price domestic flights

SYDNEY (BLOOMBERG) – Australia’s government will subsidise 800,000 half-price domestic flights as part of a A$1.2 billion (S$1.25 billion) package to prop up the nation’s ailing tourism industry. To run from April 1 to July 31, the 50 per cent discounted air fares are designed to help tourism-dependent regions and

The United Airlines engine that failed broke years ahead of its next inspection.

An airplane engine fan blade that broke during a United Airlines flight last month had thousands of flights remaining before it was due for a federally mandated inspection, the National Transportation Safety Board said on Friday. The Pratt & Whitney engine containing that blade caught fire and shed debris over

Delta Air expects daily cash burn of up to $14 million in fourth quarter

FILE PHOTO: A Delta Air Lines Airbus A350-900 plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. REUTERS/Loren Elliott/File Photo(Reuters) – Delta Air Lines said on Thursday it expects a cash burn of about $12 million to $14 million per day in the fourth quarter as slowing

Airbus warns it may sue airlines over undelivered jets: paper

PARIS (Reuters) – Airbus (AIR.PA) is ready to sue airlines that refuse to honour contracts to take aircraft, its chief executive was quoted on Friday as saying, raising the stakes in a stand-off between some manufacturers and airlines over the corornavirus crisis. The warning came as Airbus prepared to unveil

LATAM becomes largest airline yet driven to bankruptcy by coronavirus

(Reuters) – Chile’s LATAM Airlines Group (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic. The filing highlights the financial weakness of Latin America’s carriers and follows a similar bankruptcy reorganization earlier this month

Latin America's largest airline LATAM files for U.S. bankruptcy protection

(Reuters) – Latin America’s largest airline LATAM Airlines Group SA (LTM.SN) said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the U.S. have filed for Chapter 11 bankruptcy protection in the United States. LATAM is the latest corporate victim of the coronavirus pandemic that has

Coronavirus: Airlines lobby Sunak over prolonged ‘cash crisis’

Britain’s airline industry is urging ministers to further extend government emergency wage subsidies, warning that it will face a continuing “cash crisis” as demand takes months to recover from the COVID-19 crisis. Sky News has seen a letter sent on Friday by Tim Alderslade, chief executive of Airlines UK, asking