Aecius

A roundup of business news from around the world.

A sharp drop in air travel due to the pandemic cut into Delta's bottom line but the airline says it will continue to block out middle seats to create more distance between passengers

Aerospace leaders and airline executives from around the world gathered to discuss the future of aviation, and 537 people took part in a poll about the COVID-19 recovery. Here's a look at the results and what they tell us about how aviation may look in the years to come.

Delta CEO Ed Bastian said the airline's surveys show blocked middle seats are the top reason travelers are buying Delta tickets today.

The pandemic will depress demand for the foreseeable future, but the airlinesdiscipline on restarting flights is commendable.

Delta Air Lines expects its third-quarter revenue and flight capacity to be around 20% to 25% of last summer, with demand stalling amid a surge in COVID-19 cases and a sustainable industry recovery more than two years away.

Delta, the first airline to report second quarter results as the airline industry struggles through the coronavirus crisis, said revenue fell 91% as capacity fell 85%.

Delta has aggressively pursued investments in foreign airlines but the pandemic has hurt air travel, particularly abroad.

A plan for the billionaires Virgin Atlantic sees a hedge fund inject cash. The jobnow: Win back grounded flyers whose bookings helped Virgin muddle through.

Richard Bransons Virgin Group will reportedly inject $250 million cash into Virgin Atlantic as part of a $1.5 billion rescue package for the airline.

With the resurgence of coronavirus zapping interest in summer travel, Delta Airlines on Tuesday announced plans to trim its summer flight schedule after posting its biggest quarterly loss in nearly a decade.

Chicago-based Boeing said customers canceled orders for 60 of its grounded 737 Max jets in June, and the aircraft maker removed another 123 planes from its backlog because of doubts that the deals will be completed.

Orders and deliveries continue to sag for giant aircraft maker Boeing

Boeing delivered 20 planes in the second quarter. It isnt unexpected, but it definitely isnt good.

Boeing's latest commercial airplane numbers for the first half of 2020 make things look worse than they did.

Boeing Co customers canceled orders for 355 of its 737 MAX jets in the first half of 2020, the U.S. planemaker said on Tuesday, as the damage done by the jet's grounding and the coronavirus crisis to the airline industry continued to mount.

Customers cancelled another 60 of the company's beleaguered 737 Max planes in June, capping a bleak first half to the air for the manufacturer.

With the MAX unable to be delivered and with the COVID-19 pandemic killing demand for all other airplanes, Boeing delivered just 10 jets in June, only three of which were...

Guillaume Faury says "Being very American in the U.S. in Mobile, Alabama," still makes sense.

Flag carrier Garuda Indonesia is in talks with Airbus to delay deliveries of four aircraft this year, its chief executive said on Tuesday, as the coronavirus outbreak restricts travel and dampens demand.

Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer Abu Dhabi to diversify into high-tech manufacturing, is chasing new income at a time of uncertainty about demand for plane parts.

The U.S. National Transportation Safety Board (NTSB) cited cockpit mistakes by the first officer and pilot in a February 2019 fatal crash of an Atlas Air cargo plane.

Pakistans national airline has been barred from flying to the U.S. and EU as a result of a scandal in which over 25% of their pilots were found to have suspicious or fake licenses.

Ryanair says note found in planes toilets claiming there were explosives onboard

Authorities had initially denied responsibility but changed course days later after Western nations presented extensive evidence that Iran had shot down the plane.

A missile operator who didn't properly calibrate his radar system fired on the Ukrainian passenger plane without authorization, Iran says. All 176 people on board were killed on Jan. 8.

Iran's Civil Aviation Organisation blamed a misalignment of a radar system and lack of communication between the air defence operator and his commanders for the accidental downing of a Ukrainian passenger plane in January that killed 176 people aboard.

A report released by Iran late on Saturday claimed a number of factors, including miscommunication between soldiers and commanders, were to blame for the shooting down of Ukraine International Airlines Flight 752.

176 died in the Ukrainian jet crash. Iranian investigators cite factors including misaligned missiles, miscommunication between soldiers and commanders.

The report comes months after the Jan. 8 crash near Tehran killed 55 Canadian citizens, 30 permanent residents and dozens more with ties to Canada

176 people were killed in the antiaircraft missiles, which Iran initially denied any role in.

Business not expected to return to pre-COVID-19 levels for three to five years

Photos show Cruz not wearing a mask on the airplane or at the gate...

TORONTO - The operator of Canada's largest airport is cutting the size of its workforce by 27 per cent, including some of its management, due to a red...

The Greater Toronto Airports Authority says of the 500 positions to be eliminated, 300 will involve layoffs and voluntary departures.

Nathalie Sorensen is claiming a flight attendant named Thor grabbed her arm and shook her violently while accusing her of stealing a blanket.

A Ryanair flight from Krakow to Dublin was diverted to Stansted Airport on Monday after a bomb threat was discovered on board.

In the eighties and nineties, the MD80 gained cult status at American Airlines. Connoisseurs and fans affectionately dubbed it “Mad Dog”. Its other nickname, “Super 80”, was even used in adverts: “Have a super day”, “The Super 80’s are coming!” or “Super 80 for the Eighties” were the slogans the MD80 embarked on its high-flying… Continue Reading

An Alaska Airlines flight to Chicago had to make an emergency landing Saturday after a passenger threatened that everyone onboard "was going to die."

American Airlines has said it is investigating after Senator Ted Cruz was photographed in apparent violation of its policy mandating use of face masks during the coronavirus pandemic by all passengers and crew on Sunday, per CBS News. <meta property=

Black Lives Matter worship among the left on full display

Similar to a U.S. Customs form, starting July 14, airline passengers traveling from possible coronavirus hot spots to NYC will be required to fill out a state Department of Health form.

A man traveling on a flight from Seattle to Chicago threatened to kill passengers unless they accepted the fact that Jesus was Black.

Im acutely aware that staying healthy is the best luck any of us can hope for.

Cruises wont resume until at least the second quarter of next year, sources say.

The cruise stocks have been bouncing around a lot, up one day on perceived good news and the specter of getting back to business and then down the next due to gloomier prospects.

Most of the world has been shut off to American tourists as US coronavirus cases continue to spike. These are the destinations where a US passport still opens doors, albeit usually with some Covid-19 testing requirements.

Those working remotely in the Covid-19 pandemic may soon be able to move the home office to Barbados, according to the Barbados Government Information Service.

/PRNewswire/ -- Due to overwhelmingly positive Travel Advisors' response to recent air-included promotions, Atlas Ocean Voyages announced today that it is...

Going Places Growing up in Santa F, New Mexicoabout 25 miles south of the Lowrider Capital of the World (Espaola, NM)cars were a big deal. Make,

Carnival Cruise Line likely wont sail at full capacity until 2022 at the earliest according to the companys CEO Arnold Donald.

And just like that:Working remotely never sounded so dreamy.

We have been able to identify several enhancements borne out of the shutdown that strengthen our conviction in our Buy-rated recommendation on CCL shares, Stifel says in a research note.

A captain and passengers from what Hurtigruten Expedition Cruises says is the first international cruise since lockdown explain what it was like.

The travel giant is selling 17 works from its famous art collection.

(Reuters Breakingviews) - Richard Branson has secured an economy class rescue for Virgin Atlantic. The ailing airline, 51% owned by the bearded businessmans Virgin Group, on Tuesday unveiled what it called a solvent recapitalisation worth 1.2 billion pounds. The plans give Virgin Atlantic much-needed breathing space. But the rescue lacks the punch of other industry bailouts.

British Airways to sell art collection to ease Covid-19 pressures | British Airways | The Guardian

Virgin Atlantic has agreed a rescue deal with shareholders and creditors worth 1.2 billion pounds ($1.5 billion) to secure its future beyond the coronavirus crisis, the British airline said on Tuesday.

Virgin Atlantic has raised 1.2 billion pounds ($1.8 billion) from private sources, including from founder Richard Branson

Sothebys will auction 17 contemporary art works by British artists which have been hanging in BAs HQ and lounges

Virgin Atlantic has agreed a rescue deal with shareholders and creditors worth 1.2 billion pounds ($1.5 billion) to secure its future beyond the coronavirus crisis, the British airline said on Tuesday.

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It involves 170m (186m) of new investment and both Virgin Group and other creditors deferring millions of euros of money owed.

Investors pump in funds, loans and deferrals alongside Sir Richard Bransons 200m injection to keep carrier afloat

ITV has revealed that 38 of in-house productions have restarted in recent weeks amid the easing of UK coronavirus lockdown restrictions.

EasyJet's new chief operating officer, Peter Bellew, will face a vote of confidence from pilots this week, the British Airline Pilots Association (BALPA) said on Monday.