Tag: schedules

British Airways Owner Cuts Schedules Again, Warning That the Travel Slump Isn’t Over

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IAG, which runs airlines including British Airways, Iberia, and Aer Lingus, previously cut its flight schedules in September.


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British Airways

owner

IAG

cut its flight schedule for the remainder of 2020, as it flew to a loss and warned that the coronavirus-related travel slump had deepened more than expected.

Shares in the airline fell nearly 2% in London trading.

The back story. IAG, which runs airlines including British Airways, Iberia, and Aer Lingus, previously cut its flight schedules in September. At the time, the FTSE 100 constituent said it expected to fly at 40% of last year’s capacity in the fourth quarter, down from a previous guidance of 54%.

Airlines have been among the companies worst-hit by the economic impact of the coronavirus pandemic. In September, IAG launched a rights issue at a heavy discount and raised €2.74 billion ($3.24 billion) from shareholders in a bid to bolster its balance sheet.

Plus:Ryanair Cuts Winter Schedule, But It’s in Better Shape Than Most Airlines

What’s new. IAG said on Thursday that it would slash its flight schedule in the fourth quarter to no more than 30% of last year’s capacity. The airline said that the decision comes as overall bookings haven’t improved as expected, blaming additional government restrictions on travel amid a second wave of Covid-19 infections in Europe.

The company revealed that as a result of the new cut to capacity, it no longer expects to break even next quarter in terms of net cash flows from operating activities.

Releasing preliminary third-quarter results in an unscheduled update, IAG said that its total revenue declined to €1.2 billion from €7.3 billion in the same period last year—an 83% slump. The airline nosedived from an operating profit of €1.4 billion in the third quarter of 2019 to a €1.3 billion loss in 2020.

Also:EasyJet Is Cutting Flights Over Quarantine Rules. It’s More Bad News For Airlines.

Looking ahead. IAG’s decision to cut flight schedules follows that of other carriers, like

EasyJet

and

Ryanair,

so a further reduction was on the cards. But the fact that the company won’t break even next quarter—a measure closely watched by the market—is particularly bad news.

The airline continues to burn cash but its balance sheet remains relatively strong. At the end of September it reported a total liquidity of €6.6 billion, and the €2.74 billion it received this month from the rights issue will help the company stay airborne.

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Kent County Parks and Recreation schedules and information

Welcome to Kent County Parks and Recreation at the Kent County Community Center.

At Kent County Parks and Recreation (KCPR) we strive to provide fun, safe, family oriented recreational activities and programs that promote wellness and build community ties. Parks and Recreation offers traditional activities, such as after school, summer camp, fitness classes, tumbling, and special events, as well as partnering in programming to offer certification classes, bird watching, canoeing, and hiking, to meet the needs of our patrons.

If you have questions about any of our programs, parks, or recreational activities, please use our website or feel free to contact us by email or phone.  We are happy to help you and your family get out there and be active!  At Kent County Parks and Recreation we are always working had so you can play hard!  

PROGRAM AND ACTIVITY REGISTRATION

View the full registration policies here.

To register for a program or activity, registration is accepted *online, in person and by mail. Registration is accepted on a first come first served basis. A separate registration/form is required for each participant unless noted otherwise with the program description. Paper forms are not necessary if registering online (if online registration is available for the program) or in person. Many of our programs have multiple pages to be completed and may be downloaded from the program information section on this site. Before completing a paper general registration form/packet, please confirm it is the correct form for the program for which you are registering.

*Online registration requires a nominal processing fee for the convenience of online credit card and electronic check payments.

To register online click below.

INCLEMENT WEATHER
ANNOUNCEMENT POLICIES

Weather closing information and general announcements are posted on the Parks and Recreation home page bulletin board, the Kent County Community Center Facebook Page and our Rainout Line at 410-429-1401 or visit https://rainoutline.com/search/dnis/4104291401 (usually no later than 7:30 am or 3 pm for evening programs the day in question when weather related).

SCHOOL YEAR WEATHER ANNOUNCEMENTS
(SEPTEMBER – MAY)

In general, if Kent County Public Schools (KCPS) are closed, close early, or cancel evening programs, all programs at public school sites are closed. Kent County Parks and Recreation (KCPR) youth programs at the Kent County Community Center (KCCC) and KCPR facilities are closed when county facilities remain *open. KCPR adult programs at county facilities will be open when county facilities remain *open. If KCPS are one hour or 90 minutes late, morning programs will be open. *If KCPS are two hours late, morning programs will be closed. These general policies do not necessarily apply to programs offered by private vendors (please refer to program description) at the Community Center as they determine their opening and closing schedules when the Community Center remains *open on a normal operating schedule when there is inclement weather.

*All programs are closed when the Snow Emergency Plan or the State of Emergency Plan is in effect, however, should Plan(s) be lifted by 2 pm, evening adult programs

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