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Chinese airlines turn to Asia as long-haul losses pile up

BENGALURU/BEIJING - Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to a market that promises better returns and growth......»»

Category: topSource: reutersNov 20th, 2019

Thanks for the memories: Norwegian Air shuts down flights at SFO, elsewhere

Norwegian Air has permanently discontinued long-haul international flights at SFO and other major airports around the country. Norwegian Air filed for bankruptcy protection in November 2020 and told its frequent flyer members this week: “.....»»

Category: topSource: bizjournalsJan 15th, 2021

Norwegian Air abandons long-haul flights, ending its $100 travel between the US and Europe

Thousands of people in the US, UK, and other European countries will lose their jobs, and Norwegian will reduce its fleet from 140 aircraft to 50. FILE PHOTO: A Norwegian Air plane refuels at Oslo Gardermoen airport. Reuters Norweg.....»»

Category: smallbizSource: nytJan 14th, 2021

Lufthansa"s Austrian unit negotiates state aid, job cuts

Austrian Airlines is in negotiations with the government regarding state aid to save jobs and keep Vienna as a transfer hub for long-haul flights, the carrier said on Wednesday, adding the talks were at an early stage and will probably take weeks......»»

Category: topSource: reutersApr 8th, 2020

Markets slide again on fear of long, global lockdown

Stock markets in Europe and Asia fell again Monday on growing fears that the global economy faces a prolonged shutdown. Julian Satterthwaite reports......»»

Category: videoSource: reutersMar 30th, 2020

Hawaiian Airlines to suspend most longhaul flights to, from Hawaii to stop coronavirus spread

Hawaiian Airlines plans to suspend most long-haul passenger flights to and from Hawaii starting Thursday — with the exception of Los Angeles and American Samoa — because of Gov. David Ige’s order to quarantine all visitors and returning residents .....»»

Category: topSource: bizjournalsMar 22nd, 2020

Emirates stops nearly all passenger flights, slashes wages

Emirates, one of the world's biggest long-haul airlines, said on Sunday it would stop nearly all passenger flights this week and cut staff wages by as much as half because of the coronavirus impact on travel demand......»»

Category: topSource: reutersMar 22nd, 2020

American Airlines Trims International Capacity 75% Until May 6

American Airlines Group Inc. (NASDAQ: AAL) is phasing in a suspension of additional long-haul international flights from the U.S. on Monday in response to lower passenger demand and government travel restrictions due to coronavirus. read more.....»»

Category: blogSource: benzingaMar 16th, 2020

Lufthansa cuts 90% of long-haul flights: statement

German airline Lufthansa said it would further cut its flight schedule after Monday's announcement that its Austrian Airlines division was scrapping all flights in response to the coronavirus-induced collapse in passenger demand......»»

Category: topSource: reutersMar 16th, 2020

American Airlines to suspend nearly all long-haul international flights starting March 16

American Airlines Group Inc on Saturday said it will implement a phased suspension of nearly all long-haul international flights starting March 16, amid reduced demand and travel restrictions due to the ongoing coronavirus outbreak......»»

Category: topSource: reutersMar 14th, 2020

Boeing customer Norwegian Air to temporarily lay off half of its staff, ground 14 Dreamliners

Norwegian Air, one of Boeing's biggest European customers, said Thursday it will ground 40 percent of its long-haul Dreamliner fleet, cancel a quarter of its short-haul flights and temporarily lay off half its employees until May.  The Oslo-based ultr.....»»

Category: topSource: bizjournalsMar 12th, 2020

Matthews Asia Perspective: Coronavirus and Falling Oil Prices Roil Markets; Long-Term ...

Long-term perspective is key as coronavirus and falling oil prices roil m.....»»

Category: blogSource: gurufocusMar 12th, 2020

Stocks, oil fall as coronavirus fears grip markets

Stocks and oil prices resumed their fall on Wednesday after authorities said more than 80 people were being monitored for the novel coronavirus in New York state's Long Island, adding to concern over its spread in Europe, Asia and the Middle East......»»

Category: topSource: reutersFeb 26th, 2020

I"m a millennial who"s flown 14 long-haul flights. Here are my 10 tips for surviving more than seven hours stuck in economy.

Joey Hadden/Insider When I traveled recently with United Airlines from Guam to New York, it took me about 24 hours to get there and included two back-to-back long-haul .....»»

Category: topSource: businessinsiderJan 29th, 2020

Asia Markets: Asian markets pull back at harsh reality beyond U.S.-China trade truce

Asian markets fell in early trading Wednesday, as the luster of the “phase one” trade deal between the U.S. and China faded and the reality of a long road ahead loomed......»»

Category: topSource: marketwatchJan 14th, 2020

Airbus sees strong sales haul this year on Asia demand, long-range A321

Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia......»»

Category: topSource: reutersDec 18th, 2019

Sources: Qantas to put more experienced crew on board world"s longest flights

Qantas Airways Ltd plans to have more experienced pilots on board the world's longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter......»»

Category: topSource: moneycentralDec 16th, 2019

Sources: Qantas to put more experienced crew on board world"s longest flights

Qantas Airways Ltd plans to have more experienced pilots on board the world's longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter......»»

Category: topSource: moneycentralDec 16th, 2019

Qantas to put more experienced crew on board world"s longest flights: sources

Qantas Airways Ltd plans to have more experienced pilots on board the world's longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter......»»

Category: topSource: reutersDec 16th, 2019

Airbus’ newest idea is from the birds

Airbus this week said at the Dubai Airshow that a new development program could make long-haul flights more efficient and more environmentally friendly.  And it’s an idea for — rather, make that from — the birds.  Inspired by studying mig.....»»

Category: topSource: bizjournalsNov 20th, 2019