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Delta, American Drop Domestic Change Fees, Matching United

WIL BALDWIN August 31, 2020

Delta Airlines planes sit at ATL airport in Atlanta CHICAGO (Reuters) - Delta Air Lines <DAL.N> and American Airlines <AAL.O> said on Monday they are permanently dropping domestic change fees, mirroring an announcement by rival…

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U.S. Leaves Tariffs on Airbus Aircraft Unchanged at 15%

WIL BALDWIN August 12, 2020

WASHINGTON (Reuters) - The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus <AIR.PA> aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a 16-year-old…

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Cathay Pacific Posts Record $1.27 Billion First Half Loss

WIL BALDWIN August 12, 2020

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd reported a record HK$9.87…

LATAM Airlines to Fire ‘at Least’ 2,700 Workers in Brazil

WIL BALDWIN August 2, 2020August 2, 2020

BRASILIA (Reuters) - LATAM Airlines will fire "at least" 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse…

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British Airways Plans to Sell Shares and Avoid Bailout

WIL BALDWIN July 26, 2020

British Airways is scrapping all its Boeing 747 jumbo jets. It’s cutting capacity to prepare for years of weak demand for air travel. Now Reuters sources say owner IAG has a plan to get its…

Airbus Offers Subsidy Concession to End U.S. Tariffs

WIL BALDWIN July 26, 2020

PARIS (Reuters) - Europe's Airbus <AIR.PA> said on Friday it would increase loan repayments to France and Spain in a "final" bid to reverse U.S. tariffs and jog the United States into settling a 16-year-old…

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Airbus First-Half Deliveries Hit 16-Year Low Despite June Bounce

WIL BALDWIN July 8, 2020

Airbus logo at the entrance of the Airbus facility in Bouguenais PARIS (Reuters) - Airbus <AIR.PA> deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread to…

DHL to Cut 2,200 UK Workers at Jaguar Land Rover Factories

WIL BALDWIN July 7, 2020

(Reuters) - German logistics company DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union said on Tuesday. The job cuts comprise just under…

Norwegian Air Cancels Boeing Orders, Seeks Compensation

WIL BALDWIN June 30, 2020June 30, 2020

OSLO (Reuters) - Norwegian Air <NAS.OL> has cancelled orders for 97 Boeing <BA.N> aircraft and will claim compensation from the U.S. plane maker for the grounding of the 737 MAX and for 787 engine troubles…

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Tesla Negotiating for Possible Texas Vehicle Assembly Plant

WIL BALDWIN June 15, 2020

(Reuters) - Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on…