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Airline industry expected to remain cash negative in 2021, says IATA
KUALA LUMPUR: The airline industry is expected to remain cash negative throughout 2021, with estimated cash burn ranging between US$75 billion to US$95 billion from a previously anticipated US$48 billion, according to the International Air Transport Association's (IATA) latest analysis.
IATA in discussions with airlines, govts over travel pass
PETALING JAYA: The International Air Transport Association (IATA) said it has been engaging with airlines and governments in the region over the potential use of its travel pass, which they say is an attempt to kickstart international air travel.
‘Covid-19 passports’ in the pipeline
PETALING JAYA: After being confined in the country for over a year, Malaysians can look forward to travelling abroad again once they are issued with “Covid-19 vaccine passports”.
Adham Baba: Immunised Malaysians may be issued 'Covid-19 passports'
PETALING JAYA: Talks are being held on how to issue “Covid-19 passports” to those who have received the Covid-19 vaccine, says Datuk Seri Dr Adham Baba.
MAS pushes for more women in aviation
PETALING JAYA: Malaysia Airlines has joined a global initiative to boost women’s representation in the aviation industry to at least 25% by 2025.
MAS joins global initiative to increase women's representation in aviation industry
PETALING JAYA: Malaysian Airlines has joined a global initiative that aims to increase women's representation in the aviation industry by up to 25%.
Lufthansa Technik Philippines to cut 300 jobs amid pandemic
MANILA, Feb 13 (Xinhua): Airline maintenance provider Lufthansa Technik Philippines (LTP) will lay off 300 employees in April due to the impact of the COVID-19 pandemic on the airline industry that forced some of its clients into bankruptcy.
Thai Airways grounds aircraft, lays off 395 pilots as part of rehab plan
BANGKOK, Feb 8 (The Nation Thailand/ANN): Thai Airways (THAI) has decided to ground three kind of aircraft in its fleet, namely Airbus A-330-300, Airbus 380 and Boeing 747, as part of its rehabilitation plan.
China's embattled HNA Group unit shares slump as creditors seek bankruptcy
HONG KONG/SHANGHAI: Shares in listed companies linked to China's HNA Group slumped on Monday, after the troubled conglomerate disclosed that its creditors had applied for its bankruptcy and that nearly $10 billion had been embezzled by shareholders of its three units.
