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News

Europe sees travel recovery as COVID restrictions ease

(Writes through) By Paul Sandle and Tim Hepher LONDON/DUBLIN May 6 (Reuters) - European airlines and hotel chains are seeing bookings recover to levels barely seen since the start of the COVID-19 pandemic, led by demand for shorter trips, although long-distance travel remains on the ropes. The pandemic led to international travel virtually shutting
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Italy wants privatisation deal for ITA Airways by mid-June, sources say

By Giuseppe Fonte and Francesca Landini ROME, March 30 (Reuters) - The Italian government wants to clinch a deal on the sale of state-owned carrier ITA Airways by mid-June, two sources close to the matter told Reuters on Wednesday. ITA took over from Alitalia in October, permanently grounding the 75-year-old, one-time symbol of Italian style and gl
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SunExpress sees strong European demand for Turkey travel

ISTANBUL, March 15 (Reuters) - SunExpress, a joint venture between Turkish Airlines THYAO.IS and Lufthansa LHAG.DE , will ramp up capacity to record levels this summer as European demand for flights to Turkey rebounds, its CEO said. Focused on Turkey's Mediterranean and Aegean resorts, the carrier expects 9.1 million passengers this year, up more t
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Delta, Air France-KLM eye majority stake in ITA Airways - paper

MILAN, March 10 (Reuters) - Delta Airlines and Air France-KLM have teamed up with an unidentified fund to express an interest in a majority stake in ITA Airways, daily La Repubblica said on Thursday, setting the stage for a potential bid battle for the successor to Alitalia. The expression of interest was presented to Italy's government in a letter
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How sanctions against Russia are battering the global aviation industry

(Fixes paragraph 16 typographical error) By Jamie Freed March 8 (Reuters) - Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to earlier freezes on Iran and North Korea. Manufacturers, lessors, insurers and
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It gets real

A look at the day ahead in markets from Sujata Rao Minutes from the European Central Bank's February meeting are due later on Thursday but last month's shock hawkish pivot seems like distant history now. With Brent crude up some $30 a barrel since mid-February and European gas prices more than doubling in this period, the ECB will be looking with a
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H&M, Oracle and videogame maker EA add to corporate condemnation of Russia

(Recasts with more company action, new sanctions, Ukraine official's plan for corporate outreach) * Oracle shuts operations after tweet from Ukrainian official * U.S., EU roll out new sanctions, with a focus on Belarus * Automakers struggle to get enough parts from Ukraine By Tim Hepher and Nick Carey March 2 (Reuters) - Netflix, fashion outlet H&M
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Lufthansa to cut cargo flights in coming weeks due to air space closures

BERLIN, March 1 (Reuters) - Lufthansa Cargo will cut some cargo flights in the coming weeks after Russia's air space was closed off, a spokesperson for the German company said. There is less capacity in the market due to reduced payload and individual flight cancellations, said the spokesperson on Tuesday, who added the situation was already tight
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European Union talks to U.S. about widening airspace ban on Russia

(Recasts with confirmation of U.S. ban) * United Airlines, UPS stop Russian overflights * European airlines cancelling cargo flights * Air freight rates already elevated due to pandemic By David Shepardson, Jamie Freed and Foo Yun Chee March 1 (Reuters) - The United States will follow the European Union and Canada in banning Russian flights from it
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Russia sanctions snarl flights, compound airline industry woes

By Anne Kauranen, Tim Hepher and Rajesh Kumar Singh HELSINKI/PARIS/CHICAGO, Feb 28 (Reuters) - Airlines are bracing for potentially lengthy blockages of key east-west flight corridors after the European Union and Moscow issued tit-for-tat airspace bans and Washington did not rule out similar action in response to Russia's invasion of Ukraine. Indus
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Airlines scramble as Ukraine invasion redraws route map

* West urges airlines to avoid conflict zone * Several Kyiv-bound flights turn back * Britain bans all Russian airlines * Crisis threatens to dampen wider summer travel By Jamie Freed, Tim Hepher and Rajesh Kumar Singh Feb 24 (Reuters) - Airlines scrambled to adapt to conflict in Europe on Thursday as Ukraine closed its airspace, fuel prices soared
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Putin orders Russian troops to Ukraine after recognising breakaway regions

(Updates with U.S. comment after U.N. meeting, paragraphs 10,11) * Ukraine and West on alert for Russia creating pretext to invade * UN Security Council holds emergency meeting * Witness sees unmarked tanks entering Donetsk * Global markets rattled, oil hits 7-year high By Andrew Osborn and Dmitry Antonov MOSCOW, Feb 21 (Reuters) - Russian Presiden
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Ukraine's UIA loses insurance cover for some planes in Ukrainian airspace

* UIA insurers end cover on flights in Ukraine airspace * KLM halted flights, Lufthansa considering suspension * BA taking longer path owing to 'geopolitics', pilot says * Insurance will also be taken into account, OPSGROUP says By Pavel Polityuk and Jamie Freed KYIV, Feb 14 (Reuters) - Two Ukrainian airlines disclosed problems in securing insuranc
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A new Onassis? Italy's sea captain swoops on reborn Alitalia

* Shipping group MSC targets successor to Alitalia * Sees chance to expand air cargo, link with cruise business * Deal would have emotional pull for Italian-born founder * Some sceptics question benefits of combination By Jonathan Saul, Elisa Anzolin and Francesca Landini LONDON/MILAN, Feb 14 (Reuters) - Sixty-five years after Aristotle Onassis fou
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More airlines likely to avoid Ukraine's airspace - advisory firm

* KLM has halted flights, Lufthansa considering suspension * British Airways taking longer path due to "geo-politics" - pilot * Insurance issues will also be taken into account - OPSGROUP By Jamie Freed Feb 14 (Reuters) - More airlines are likely to avoid Ukraine's airspace amid insurance issues and a decision by leading European carriers to stop o
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Ukraine pledges funds to keep airspace open amid Russia standoff

By Pavel Polityuk KYIV, Feb 13 (Reuters) - Ukraine pledged funds on Sunday to try to keep its airspace open to commercial flights, as some carriers reviewed their services to the country after the United States warned that Russia could invade at any time. Dutch airline KLM - part of Air France AIRF.PA - said Link it would stop services to Ukraine a
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Italy launches sale of ITA Airways, to keep minority stake

ROME, Feb 11 (Reuters) - The Italian government has launched the process to find a partner for ITA Airways and in a first stage will retain a minority stake in the successor company to Alitalia, Economy Minister Daniele Franco said on Friday. Rome has drafted a decree which lists ways it can offload its holding in the airline, including a direct sa
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German daily COVID cases rise above 200,000, causing staff shortages

BERLIN, Jan 27 (Reuters) - The number of new COVID-19 infections in Germany exceeded 200,000 in a day for the first time on Thursday, hitting staffing at companies including Lufthansa Cargo. The Robert Koch Institute for infectious diseases reported 203,136 positive tests in the last 24 hours, 69,600 cases more than the same day a week ago. The sev
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Germany's Lufthansa in talks to buy 40% stake in Italy's ITA Airways - sources

By Michael Nienaber and Giuseppe Fonte BERLIN/ROME, Jan 23 (Reuters) - Germany's flagship carrier Lufthansa LHAG.DE is in talks to buy a 40% stake in state-owned Alitalia's successor ITA Airways, two people familiar with the negotiations said on Sunday, following a newspaper report that a deal could be unveiled next week. The talks about a tie-up b
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Japanese airlines resume U.S. Boeing 777 flights after 5G rollout

(Recasts with airlines restoring flights) By Tim Hepher, Jamie Freed and David Shepardson Jan 19 (Reuters) - Two major Japanese airlines said Wednesday they will restore flights to the United States after the deployment of 5G mobile in the United States had prompted some foreign carriers to cancel numerous U.S. bound flights. A decision by AT&T T.N
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