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Predicts a 48% drop in passenger traffic this year compared to last The International Air Transport Association (IATA) has raised the loss forecasts for the passenger air transport sector on Tuesday, and now calculates that they will reach 314,000 million dollars (286,500 million euros) in 2020 due to the impact of the crisis of the […]
The airline maintains flights between Paris-Charles de Gaulle and some destinations in France and other countries Air France has facilitated the return of more than 240,000 people to their homes from 82 countries during the coronavirus crisis, including nearly 130,000 French citizens repatriated in collaboration with the French Ministry of Transport and Foreign Affairs. «Since […]
The credit rating agency Fitch Ratings has decided to downgrade the rating as a long-term issuer of British Airways, down to ‘BB +’ due to the impact of the Covid-19 coronavirus on passenger air traffic, while maintaining the company’s perspective is ‘negative’. The risk rating agency explained that the reduction reflects the prospects for a […]
The airline advises that the result of its fiscal year will be in the lower part of the forecast range Irish low-cost airline Ryanair registered a 48% drop in passenger traffic in March and estimates an extraordinary charge of 300 million for its fiscal year – which ended on March 31, 2020 – due to […]
The European Commission on Monday gave the green light to the sale of the European division of Lufthansa’s catering business (LSG) to the Swiss company Gategroup, an operation that is however conditioned on the buyer giving up a series of activities to avoid that occupies a space of almost monopoly in the aerial catering sector. […]
Norwegian transported 1.1 million passengers in March, which is 61% less than the same month of 2019, as reported by the company on Monday, which stressed that its traffic data was affected by the coronavirus pandemic after travel restrictions imposed by governments. The load factor of the Norwegian airline stood at 71.6% in March, a […]
British Airways wants to join the fight against Covid-19 by offering a team that makes all its skills and experiences available to the UK community to help fight the coronavirus pandemic. The current reduction in the number of airline flights allows the company to have thousands of cabin and flight crew members with time on […]
Boeing has announced that it is suspending manufacturing operations at its Ridley Township, Pennsylvania plant from Friday last week for a period of two weeks due to the company’s ongoing evaluation of the spread of Covid-19 in the region. . This measure is intended to ensure the well-being of employees, their families and local communities, […]
The aeronautical company Embraer recorded adjusted losses of $ 217.5 million (198.8 million euros) in 2019, four times above the 54.2 million dollars (49.55 million euros) last year. The company increased its revenue by 7% in its last fiscal year, to 5,462.6 million dollars (4,993 million euros), compared to the previous one, as reported by […]
There are also 21 positives and 161 quarantined workers from subcontractors working in the factories. The aeronautical manufacturer Airbus has confirmed 138 positive cases of coronavirus among its employees at work centers in Spain, while 820 workers are in quarantine for presenting symptoms (147) or for having been in contact with a family member or […]