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Safran Shares Lifted by Boeing 737 MAX Restart Plan

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington

PARIS (Reuters) – Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting measures.

Shares in the French aerospace firm, which co-produces the 737 MAX’s engines with General Electric <GE.N>, were up 2.2%, while Airbus <AIR.PA> shares were 0.7% higher.

Boeing said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. The move nevertheless lifted Boeing’s shares.

The U.S. rival to Airbus said it had restarted 737 MAX production at a “low rate” at its Renton, Washington factory. Reuters reported in April that regulatory approval for the MAX was not expected until at least August.

(Reporting by Sudip Kar-Gupta; Editing by David Goodman and Alexander Smith)

The Safran company logo is pictured at the company’s logistic area in Colomiers near Toulouse

Where Delta is flying in June

Delta’s summer schedule continues to be shaped by customer demand, CDC guidelines and government travel regulations. While the June schedule is significantly reduced in comparison to last year, customers will see the return of several major routes, both U.S. domestic and international, which were previously suspended due to the COVID-19 pandemic.

Customers traveling with Delta can feel confident in a safe flying experience. In addition to requiring customers and employees to wear face coverings throughout the travel journey, Delta has implemented policies like capping seating between 50 and 60 percent to ensure customer spacing on all aircraft, elevated its cleaning measures to deliver a new standard of clean, and streamlined its in-flight services to decrease touch points on board. Customers also have added flexibility if they need to change their plans.

Here’s a snapshot of where Delta is planning to fly in June. This schedule, including routes and frequency, remains subject to change due to the evolving nature of COVID-19. This page may be updated.

U.S. DOMESTIC

Ensuring connectivity for customers with critical travel needs, Delta continues to provide flights to all U.S. hubs and top markets, though frequency is significantly reduced. While Delta has temporarily consolidated operations in some markets served by multiple airports, the airline is adding more flights to its June schedule in comparison to May, primarily in Atlanta, New York and between hubs.

CANADA​

  • Detroit to Montreal (daily)
  • Detroit to Ottawa (daily)
  • Detroit to Toronto (daily)
  • Minneapolis to Calgary (daily)
  • Minneapolis to Edmonton (daily)
  • Minneapolis to Winnipeg (daily)
  • New York-JFK to Toronto (daily)
  • Seattle to Vancouver (daily)

LATIN AMERICA & CARIBBEAN

Caribbean

  • Atlanta to Aruba (less than daily service restarts in second half of June)
  • Atlanta to Bermuda (less than daily)
  • Atlanta to Bonaire (Saturday only service restarts in second half of June)
  • Atlanta to Kingston, Jamaica (less than daily)
  • Atlanta to Montego Bay, Jamaica (daily)
  • Atlanta to Nassau, Bahamas (daily)
  • Atlanta to Providenciales, Turks and Caicos Islands (less than daily)
  • Atlanta to Punta Cana, Dominican Republic (less than daily)
  • Atlanta to San Juan, Puerto Rico (less than daily)
  • Atlanta to St. Croix (Saturday only)
  • Atlanta to St. Lucia (less than daily)
  • Atlanta to St. Maarten (less than daily)
  • Atlanta to St. Thomas (less than daily)
  • New York-JFK to Santiago, Dominican Republic (less than daily)
  • New York-JFK to San Juan, Puerto Rico (less than daily)
  • New York-JFK to Santo Domingo, Dominican Republic (less than daily)​

Central America

  • Atlanta to Liberia, Costa Rica (less than daily service restarts in second half of June)
  • Atlanta to Panama City, Panama (less than daily)
  • Atlanta to San José, Costa Rica (less than daily service restarts in second half of June)
  • Atlanta to San Pedro Sula, Honduras (less than daily)
  • Atlanta to San Salvador, El Salvador (less than daily)​

Mexico

  • Atlanta to Cancun (daily)
  • Atlanta to Mexico City (daily)
  • Detroit to Mexico City (less than daily)
  • Los Angeles to Los Cabos (less than daily)
  • Los Angeles to Puerto Vallarta (less than daily)
  • Salt Lake City to Mexico City (daily)​

South America​

  • Atlanta to Bogotá, Colombia (less than daily)
  • Atlanta to São Paulo, Brazil (less than daily)

TRANS-ATLANTIC

  • Atlanta to Amsterdam (daily)
  • Atlanta to Frankfurt (less than daily)
  • Atlanta to Lagos (less than daily*)
  • Atlanta to Paris-Charles De Gaulle (less than daily)
  • Detroit to Amsterdam (daily)
  • Detroit to London-Heathrow (less than daily)
  • New York-JFK to Amsterdam (less than daily)
  • New York-JFK to Paris-Charles De Gaulle (less than daily)
  • New York-JFK to Tel Aviv (less than daily)​

*Delta’s restart of service to Nigeria is subject to foreign government approval.

Delta’s Frankfurt and London flights also double as scheduled cargo service.

TRANS-PACIFIC

  • Detroit to Seoul-Incheon (daily)
  • Detroit to Shanghai (daily*)
  • Seattle to Seoul-Incheon (less than daily)
  • Seattle to Shanghai (daily*)
  • ​Seattle to Tokyo-Haneda (less than daily)

*Delta’s restart of passenger flights to China is subject to government approval. We will also operate cargo-only scheduled service from Shanghai to Atlanta and Los Angeles. Read more on our cargo flights to Asia.

Delta’s second quarter schedule is 85 percent smaller than last year, with reductions of 80 percent in U.S. domestic capacity and 90 percent internationally.

Qantas Group ‘Fly Well’ Prepares for Travel Restriction Easing

  • Range of measures introduced to ensure a safe travel environment and give extra peace of mind.
  • Masks on board, hand sanitising stations and enhanced aircraft cleaning among the improvements.
  • More flexibility added to bookings so people can plan with confidence.

Qantas and Jetstar will roll out a series of wellbeing improvements to give peace-of-mind in preparation for domestic travel restrictions easing.

The ‘Fly Well’ program brings together a number of temporary measures already in use by the Qantas Group, including on repatriation flights from virus hot-spots, and represents a combination of best-practice medical advice and feedback from customers.

Pre-flight

Rolling out from 12 June, the key measures at each point of the journey will be:

  • Information sent to all customers before they fly, so they know what to expect.
  • Contactless check-in (via online/app) and self-serve bag drop strongly encouraged, including use of Q Bag Tags.
  • Hand sanitising stations at departure gates.
  • Temporary changes to Qantas Lounges, including increased physical distancing, hand sanitising stations, enhanced disinfection of surfaces and adjustments to food and drink service.
  • Working with airports on other safeguards in the terminal, including regular disinfection of security screening points and installing hygiene screens at airline customer service desks, wherever practical.

On board

  • Masks provided to all passengers on each flight – while not mandatory from a safety point of view, they are recommended to be worn in the interests of everyone’s peace-of-mind.
  • Enhanced cleaning of aircraft with a disinfectant effective against Coronaviruses, with a focus on high contact areas – seats, seatbelts, overhead lockers, air vents and toilets.
  • Sanitising wipes given to all passengers to wipe down seat belts, trays and armrests themselves, if preferred.
  • Simplified service and catering to minimise touchpoints for crew and passengers.
  • Passengers asked to limit movement around cabin, once seated.
  • Sequenced boarding and disembarkation to minimise crowding.

In addition, the air conditioning systems of all Qantas and Jetstar aircraft are already fitted with hospital-grade HEPA filters, which remove 99.9% of all particles including viruses. Air inside the cabin is refreshed on average every five minutes during flight.

All airline employees are required to follow strict personal hygiene protocols, for the benefit of themselves and others.

All passengers are encouraged to download the Australian Government’s COVIDSafe app as part of improving the ability of health authorities to contain the spread of Coronavirus. In-line with public health advice, anyone with cold and flu like symptoms should stay at home.

Emirates to Operate Limited Passenger Flights in May

Emirates is set to operate limited passenger services to Frankfurt (02, 04, 06, 09, 11, 13 May), London Heathrow (03, 05, 07, 10, 12, 14 May), Manila (3, 6, 8, 10, 13, 15, 16 May), Sao Paulo (3 May), and Shanghai (2 May). The one-way special flights will facilitate travel for residents and visitors wishing to return home.

Those who wish to travel to Shanghai must contact the embassy or consulate of the People’s Republic of China in the UAE. For all other flights, passengers can book directly on emirates.com or via their travel agent.

Only citizens of the destination countries, and those who meet the entry requirements of the destination will be allowed to board. Customers will be required to follow all health and safety measures required by the UAE authorities and the country of destination.

Similar to other repatriation flights that Emirates has operated thus far, for health and safety reasons, the airline will offer a modified inflight service that reduces contact, and the risk of infection. Magazines and print reading material will not be available. Meals on-board will be served in hygienic prepacked meal boxes, offering customers sandwiches, beverages, snacks, and desserts. A selection of hot snacks will also be served on long-haul flights.

Emirates’ Lounge and Chauffeur Drive services will be temporarily unavailable during this period and in-flight Wi-Fi service is available for purchase only. On board Emirates’ flights, seats are pre-allocated where possible with vacant seats placed between individual passengers or family groups in observance of physical distancing protocols. More information is available on emirates.com.

Cabin baggage will not be accepted on these flights. Carry-on items allowed in the cabin will be limited to laptop, handbag, briefcase or baby items. All other items have to be checked in, and Emirates will add the cabin baggage allowance to customers’ check-in baggage allowance.

Passengers are required to apply social distancing guidelines during their journey and wear their own masks when at the airport and on board the aircraft. Travellers should arrive at Dubai International airport Terminal 3 for check-in, three hours before departure. Emirates’ check-in counters will only process passengers holding confirmed bookings to the above destinations.

All Emirates aircraft will go through enhanced cleaning and disinfection processes in Dubai, after each journey.

EasyJet Says Can Ride Out 9 Month Shutdown and Slow Recovery

FILE PHOTO: EasyJet planes parked at Luton airport after the airline grounded its entire fleet

LONDON (Reuters) – EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday.

As airlines worldwide battle for survival after lockdowns and travel bans brought the sector to a virtual standstill, EasyJet announced a new fleet plan to manage its emergence from the enforced hibernation.

The UK-based company said it will start to shrink its fleet and the number of planes it operates will not reach pre-crisis levels until 2022, signalling that it does not expect a quick recovery for the industry.

“We’ve been able to adapt ourselves to reduced demand for the next couple of years, then have the flexibility to increase as demand picks up again,” Chief Executive Johan Lundgren told reporters.

The industry is split on how quickly the sector can recover. Lufthansa, plane manufacturers and airline body IATA have warned that it will be a slow process. EasyJet’s bigger low-cost rival Ryanair, meanwhile, has predicted a swift rebound in traffic.

Lundgren said that, while he does not expect the grounding of easyJet’s fleet to last nine months, the company would remain cash-positive even if that were the case and could survive for longer than that by seeking additional funding.

Among the steps it is taking, easyJet is in talks over the sale and leaseback of some planes to leasing companies, with expected proceeds of up to 550 million pounds ($687 million).

“Overall, the company has presented a very credible response to the crisis,” said Goodbody analyst Mark Simpson.

In addition to the deferral of new orders and non-renewal of leases, easyJet said it now plans to sell six aircraft.

The airline, however, has faced calls from its founder and biggest shareholder, Stelios Haji-Ioannou, to terminate its 4.5 billion pound order with Airbus for 107 new jets.

He escalated his row with management on Thursday, issuing a statement saying he planned to call for the removal of Lundgren as well as chairman John Barton at forthcoming meetings. He said Lundgren should not send money to Airbus for planes while running an “aircraft parking lot”.

CASH PILE

Through various funding initiatives, easyJet expects to generate total additional liquidity of about 1.85 billion to 1.95 billion pounds, leading to a notional cash balance of about 3.3 billion pounds.

Given the level of continued market uncertainty, the company said it is not possible to provide guidance for the remainder of the 2020 financial year.

However, it said winter bookings are well ahead of those at the same stage last year, with Lundgren adding that he expects there to be pent-up demand for holidays as people emerge from lockdown.

But travel restrictions are likely to ease slowly and easyJet will have to be flexible, the CEO said. “I don’t think this is going to be a case of let’s just open everything up,” he added.

Measures under consideration include disinfecting aircraft and steps to ensure social distancing on planes.

“We will clearly look to have the middle seat empty as we start,” Lundgren said. “I think that is actually what the customers would like to see.”

EasyJet shares were up 2.2% at 616 pence at 1207 GMT, having lost more than 50% year to date.

($1 = 0.8007 pounds)

(Reporting by Sarah Young; Editing by Kate Holton and David Goodman)

Boeing to Resume Operations in Philadelphia Area

During the scheduled two weeks of suspended operations at the Boeing [NYSE: BA] Philadelphia facility in Ridley Township, the company has been working to restart production with enhanced safety measures. Boeing will resume operations in our production facilities and other areas deemed essential on Monday, April 20. The number one priority is and will continue to be protecting the health and safety of our employees, their families and all of our stakeholders.

Since suspending operations on April 3, Boeing Philadelphia has taken a number of steps:

  • Enhanced cleaning of the entire facility and implementing improved procedures. We’ve posted signage throughout the facility to help keep enhanced hygiene top-of-mind. Hand sanitization stations have been added at entry points to the site.
  • Physical distancing practices reinforced. Shift times will be staggered. Virtual meetings will continue, where possible, to reduce face-to-face interactions. Work areas have been spaced farther apart with visual markers displayed to encourage physical distancing. Cafeteria areas will be adjusted to allow for more physical distancing.
  • Personal mask use. Consistent with recent direction from the state government, employees are required to wear masks or other face coverings in the workplace. Masks will be made available onsite for employees who need one.
  • Temperature screening will be required for all employees daily before coming to work. Screening stations with no-touch thermal scanners will be set up to accommodate workers who need to check their temperature onsite. Employees who are not required to support operations in our production facilities, and who are able to telecommute and work virtually, will continue to do so.

Boeing Philadelphia site leadership will continue to monitor conditions and new information related to COVID-19, including the latest federal and state health guidelines, so we can continuously implement new safeguards and procedures.

Boeing Extends Suspension of Puget Sound Production Ops

Boeing is extending the temporary suspension of production operations at all Puget Sound area and Moses Lake sites until further notice. These actions are being taken in light of the company’s continuing focus on the health and safety of employees, current assessment of the spread of COVID-19 in Washington state, the reliability of the supply chain and additional recommendations from government health authorities.

During the suspension, the company will continue to implement additional health and safety measures at its facilities to protect employees. These measures include new visual cues to encourage physical distancing, more frequent and thorough cleaning of work and common areas and staggering shift times to reduce the flow of employees arriving and departing work, among many other improvements.

“The health and safety of our employees, their families and our communities is our shared priority,” said Boeing Commercial Airplanes President and CEO Stan Deal. “We will take this time to continue to listen to our incredible team and assess applicable government direction, the spread of the coronavirus in the community and the reliability of our suppliers to ensure we are ready for a safe and orderly return to operations.”

The volunteers who have been supporting essential site and services work should continue to report to their assigned shifts. Puget Sound area and Moses Lake employees who can work from home should continue to do so.

As the suspension of operations continues, Boeing will monitor government guidance and actions on COVID-19 and associated impact on all company operations. Boeing sites that remain open are being monitored and assessed on a daily basis.

Volaris Announces Temporary Capacity Reduction

PRNewswire/ — Volaris (NYSE: VLRS), the ultra-low-cost airline serving Mexico, the United States and Central America, announces that pursuant to a decree published in the Official Gazette of the Federation, the Government of the United Mexican States, acting through the General Health Council (Consejo de Salubridad General (“GHC”)) declared a health emergency due to force majeure, as a result of the disease epidemic caused by the virus SARS-CoV-2 (COVID-19), known as Coronavirus, which will be in effect until April 30, 2002 (the “Declaration of Emergency”)

The Declaration of Emergency and the health security measures announced by the GHC, such as the suspension of non-essential activities in the public, private and social sector, as well as the call to the population to comply with stay at home, will impact the demand for passenger air transportation whilst the Declaration of Emergency is in effect.

As a result, from the date hereof, Volaris will make an additional capacity reduction to that which was advised on March 24, 2020.  Capacity measured by available seat miles (ASMs) for the month of April, 2020 will reduce to approximately 80% of total operation versus the schedule originally published.

Volaris will continue to provide relevant market updates should further capacity, governmental travel restrictions or other liquidity preserving measures need to be implemented.

Boeing Statement on Passage of CARES Act

We thank the Administration, especially the President and Secretary Mnuchin, as well as the Senate for working together to take swift bipartisan action to support the American economy, including the 2.5 million jobs and 17,000 suppliers that Boeing, the aerospace industry and the U.S. rely on to maintain our world leadership in commercial, defense and services. The bill’s access to public and private liquidity, including loans and loan guarantees, is critical for airlines, airports, suppliers, and manufacturers to bridge to recovery. 

Boeing’s top priority is to protect our workforce and support our extensive supply chain, and the CARES Act will help provide adequate measures to help address the pandemic. We have also taken a number of measures for affordability and liquidity as we navigate the challenges our industry currently faces, including forgoing pay for our CEO and board chairman, suspending our dividend until further notice, and extending our existing pause of any share repurchasing until further notice.

We appreciate the House taking swift action to support the American people.

Norwegian Air Gets Guarantee From Norwegian Government

  • Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a guarantee for the required 10 percent for the first tranche of 300 million Norwegian kroner (NOK). Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian Government.

Government measures
On Thursday 19 March, the Norwegian Government proposed a guarantee of NOK 6 billion for the Norwegian airline industry, of which up to NOK 3 billion is directed to Norwegian. The guarantee will be up to 90 percent from the Norwegian Government provided that financial institutions contribute with the remaining 10 percent. The guarantee scheme will consist of three tranches with a maximum two years maturity.

Since Thursday evening Norwegian has worked with banks and financial institutions and is pleased to announce that two Nordic banks have obtained credit committee approval to contribute with the 10 percent required in guarantee for Tranche I and to provide the NOK 300 million in financing backed by the guarantee from the Norwegian Government. The Company is working with the banks and the Norwegian Export Credit Guarantee Agency (“GIEK”), who will administrate the guarantee scheme, on the documentation in order to obtain the NOK 300 million in liquidity as soon as possible.

The Company is now working with GIEK and the Ministry of Trade, Industry and Fisheries to clarify the criteria and terms related to the remaining tranches under the scheme and to obtain further guarantees from financial institutions in order to back such remaining tranches. Norwegian will update the market with its further plan of action and implications for its stakeholders as soon as the criteria and terms have been finalized. The Government guarantee scheme is crucial for the Company as the current state of the capital markets in combination with the challenging times for the airline industry limit the options available. The first NOK 300 million will create necessary headroom to pursue the remaining tranches of the guarantee scheme.

Operational update
Currently, most of the fleet is grounded and Norwegian has reduced its operations to a minimum. The airline will now primarily operate domestically in Norway and Sweden and between the Nordic capitals, in order to deliver on its corporate responsibility of maintaining critical infrastructure so that people and necessary goods and medical supplies can be transported during this unprecedented crisis. The limited schedule will remain in place until further notice. In addition, Norwegian has conducted repatriation flights together with the authorities in order to get citizens of Norway, Denmark and Sweden back home.

In order to reduce cost, Norwegian has temporarily laid off approximately 90 percent of its workforce and will continue to implement additional cost measures going forward.

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