EU drafts plan to toughen carbon market – report
The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution in new sectors, Bloomberg News reported on Sunday.
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
Airlines urged to tighten Airbus A320 checks after COVID storage
Regulators have called for more rigorous checks when pulling some Airbus (AIR.PA) jets out of pandemic storage, following flawed cockpit readings that can suggest blocked sensors.
Save Our Summer: UK pilots and cabin crew issue travel sector rescue plea
British pilots, cabin crew, travel agents and other workers are urging politicians to save the summer holiday season by reopening routes abroad or risk destroying tens of thousands of jobs as companies fail.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Europe’s Wizz Air expects to fully recover from pandemic next year
European budget carrier Wizz Air (WIZZ.L) expects to fully recover from the coronavirus crisis as travel demand rebounds from the pandemic, its chief executive said on Monday.
Lufthansa to allow check-in with digital vaccine pass
Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Philippine Airlines parent posts record loss, readies restructuring plan
MANILA, June 17 (Reuters) – The parent company of Philippine Airlines’ (PHL.UL) booked a record 73 billion pesos ($1.51 billion) loss in 2020, up seven fold from a year earlier, after the COVID-19 pandemic lashed the global aviation sector.
Court approves Thai Airways plan for makeover of $12.9 bln debt
Thai Airways International Pcl (THAI.BK) won court approval on Tuesday to restructure a debt load of $12.9 billion as the airline, which is already in bankruptcy protection, seeks to turn around its fortunes.
