Airline fires 50% of its workers after Donald Trump announcement

Norwegian Air’s measures may seem drastic, but it highlights the scale of the problems facing the sector as the coronavirus emergency deepens. The airline hopes to be able to redirect most of its customers to the United States through its routes from London. Photo: AAS ERLEND / AFP / Getty Images – The airline stocks … Read more

Corona crisis hits airline hard: Lufthansa suspends dividend

In view of the corona virus, Lufthansa is breaking demand. For this reason, shareholders should not receive a distribution for the past financial year. The group wants to remain liquid in the crisis. Deutsche Lufthansa plans to forego a dividend for the past financial year due to the corona virus crisis. In addition, the airline, … Read more

Corona virus: Bavaria, Saarland and Berlin close schools – DFL wants to interrupt operations

The novel lung disease “Covid-19” is spreading rapidly across the globe. More than 128,000 infections with the corona virus have now been confirmed worldwide. More than 4700 people have already died. The developments in the news blog. Governments worldwide are trying to curb the coronavirus pandemic. The Number of dead and infected increases daily. The … Read more

Low-cost airline cancels flights – due to coronavirus outbreak

Airlines are also increasingly reacting to the rapid spread of the corona virus. Easyjet cancels flights and presents a savings program. A region is particularly affected by the restriction of flight plans. Because of the spread of the novel coronavirus The British airline Easyjet is canceling flights and is also presenting a savings program. Connections … Read more

Shock waves from China: is this the beginning of the end for the globalized global economy?

Saturday February 22, 2020 China’s standstill is contagious Here the virus has hit the economy fully By Diana Dittmer – The effects of the corona epidemic can no longer be overlooked. In China, hardly anyone buys a car, container trips are canceled, airlines predict losses in the billions. Is there a global recession looming? Is … Read more

Corona virus: global air traffic is slumping

economy billions in losses Fear of corona virus causes air traffic to collapse dramatically – – As of February 20, 2020 | Reading time: 2 minutes – – – – Coronavirus affects Adidas business in China – – The corona virus is affecting the business of the sporting goods manufacturer Adidas in China. A significant … Read more

One of the largest airlines in Europe will begin selling tickets for bitcoins

Stig Kjos-Mathisen, CEO of the Norwegian Block Exchange (NBX) cryptocurrency exchange, said the platform has created a payment infrastructure that will allow Norwegian Air Shuttle customers to purchase tickets for digital assets. It is reported by CoinDesk. A new option may be presented in the coming spring, but will be available only to residents of … Read more

Sixteen planes land on closed runway at Schiphol

Recordings from the control tower and data from Flightradar24, which has analyzed Aviation news media partner NH News, show that the Ryanair-Boeing 737-800 was 50 meters above Zwanenburgbaan when the pilots were ordered to continue. Sixteen aircraft would have already landed on the runway that had not yet been released by Schiphol. After the restart, … Read more

Higher import tax on Airbus aircraft

The measure, according to the United States, is taking action against illegal European subsidies for aircraft manufacturer Airbus. The World Trade Organization (WTO) stipulated last year that Washington may impose $ 7.5 billion in criminal charges on European goods because the EU has failed to stop illegal subsidies to Airbus. The aircraft manufacturer says in … Read more

Boeing debacle inhibits growth: Ryanair suffers from 737 Max ban

Despite the low-season winter season, Ryanair achieved surprisingly high quarterly sales. Nevertheless, the airline has to put up with a damper. The Boeing 737 Max launch ban will throw the Irish back on their growth plans. Because of the increasingly long-standing worldwide flight ban of the Boeing 737 Max aircraft, the Irish low-cost airline Ryanair … Read more