Tag: Airways

Qantas Airways Moves To Require COVID-19 Vaccine For Air Travel

A widespread vaccine for COVID-19 hasn’t reached the public yet, but already, airlines are planning for how to handle travelers with and without immunity. On Monday, Alan Joyce, the CEO of Australian flag carrier Qantas Airways, shared that his airline would eventually only allow for vaccinated travelers to board its flights. The move would essentially lock down the spread of the virus through air travel and allow for travelers to move around the globe unhindered by quarantines, though it would only open up the carrier to the select population that had received the vaccine.

Joyce’s marks come as part of the early discussion around how airlines will plan for and accommodate travelers once the vaccine becomes more widespread across the traveling population. Already, some air carriers have enforced strict safety measures in-flight to stem the spread of COVID-19 while in transit; by late October, Alaska, Delta and United had banned over 900 passengers for not complying with mask mandates while some carriers are still blocking middle seats.

Restricting travelers based on level of vaccination may yield a new level of contention between airlines and passengers as carriers look to balance safety with sentiment. In some regions, the virus and the safety precautions taken around the virus have turned into polarizing topics. Beyond the airline-level bans, passengers have turned to social media and public shaming to argue their respective viewpoints.

To help enforce policies, the BBC reports that Qantas is already considering modifying its terms and conditions to ensure that it has grounds to restrict travel from unvaccinated travelers. Other air carriers will need to look into sketching out the same legal boundaries if restrictions are built around vaccinated travelers.

One other consideration for how airlines will allow for vaccinated travelers is in how the public is able to provide credentials. Right now, many routes around the world require travelers to present a recent, negative COVID-19 test in order to fly. On a similar tack, airlines will need to come up with a way to check and verify passenger immunity before the traveler boards the flight — or even reaches the airport.

Those restrictions will also need to adapt based on which countries and populations receive the vaccines first.

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Braniff Airways reborn as a themed hotel in an age when defunct airlines are hip again

Braniff International Airways may have died in 1982 when the Dallas carrier went out of business, but its image is getting a second life on purses, pillows, an office building and soon on a boutique hotel at the site of its former flight attendant dormitory.

Centurion American, which developed downtown Dallas’ swanky hotspot Statler Hotel, bought the former Braniff “hostess college” in 2019 and has worked a deal to put the Braniff name on a new boutique hotel, along with other nods to the defunct company and aviation history.

Braniff, the Texas airline that grew into an international competitor in the wild early days of commercial aviation before a pilot strike pushed it into bankruptcy, is getting a second life as travel enthusiasts look to recapture the yesteryears of flying and marketers turn to bygone brands.

Developers decided to keep the name on the old Braniff Centre building at Dallas Love Field for a new retail, office and restaurant development that reopened earlier this year. Braniff joined a list of former airlines enjoying a recent revival.

Ben Cass, president of Braniff Airways, has been working with developer Centurion American on a deal to put the Braniff name on a new boutique hotel, along with other nods to the defunct company and aviation history. Braniff's former hostess college will be converted into a hotel.
Ben Cass, president of Braniff Airways, has been working with developer Centurion American on a deal to put the Braniff name on a new boutique hotel, along with other nods to the defunct company and aviation history. Braniff’s former hostess college will be converted into a hotel.(Smiley N. Pool / Staff Photographer)

A TWA Hotel at JFK International Airport in New York opened last year in the former airlines’ retro-futuristic headquarters building.

At a shop at SeaTac International Airport south of Seattle, the Pan Am Airlines logo is featured on T-shirts and purses for sale to travelers looking to show their love for airline history. A short-lived drama series on ABC called Pan Am showed there was popular interest in the aviation era, even if the program only survived 14 episodes.

“Airlines like Braniff and Pan Am had a very important connection to people,” said David Banmiller, who was CEO of Pan Am for a short time during an attempted reincarnation of the brand that originally ceased operations in 1991. “Pan Am connected the world. People had images of seeing their grandparents for the first time coming off a Pan Am flight or seeing their parents after years apart.”

Along with mega-carriers American Airlines and Southwest Airlines based in North Texas, Braniff was a major contributor to the aviation world during the early deregulated era when there were dozens of competitors. In time, many of those airlines went out of business or merged with larger competitors to make way for the consolidated handful of carriers available to flyers today.

For the most part, the new group of airlines is a vast improvement for flyers. Today’s airlines are more reliable, cheaper and much safer than older carriers and planes, not to mention smoother to ride on.

Braniff was started in 1928 and grew from a Texas-centric carrier to an airline with worldwide reach, including flights to Europe and South America on one of the

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British Airways warns of deepening travel slump as losses mount

LONDON (Reuters) – British Airways owner IAG ICAG.L warned the travel slump from the coronavirus pandemic had deepened, forcing it to axe even more of its winter flying schedule after it reported on Thursday a quarterly loss of 1.3 billion euros ($1.54 billion).

The loss was far larger than the 920 million euros forecast by analysts, as passenger numbers plunged and it struggled to even half-fill its planes, illustrating the scale of the challenge faced by IAG’s new boss, Luis Gallego, who took over in September.

As a second wave of COVID-19 infections spreads across Europe, airlines are facing a bleak winter and IAG joins Lufthansa LHAG.DE, Ryanair RYA.I and easyJet EZJ.L in cutting back already anaemic schedules.

IAG, which also operates Iberia and Vueling in Spain and Aer Lingus in Ireland, said that for the fourth quarter – which includes the normally busy Christmas period – it would fly no more than 30% of the capacity it flew a year earlier, lower than previous guidance of 40%.

Shares in the company dropped 3% to 97 pence at 0816 GMT. The stock has lost 78% in the year-to-date as the pandemic has crushed its business.

With less flying ahead, the group warned it no longer expected to reach breakeven in terms of net cash flow from operations in the fourth quarter, but said that liquidity was strong.

The company has raised 2.74 billion euros from shareholders via a rights issue and received the funds in early October, raising its total liquidity to 9.3 billion euros.

Bernstein analyst Daniel Roeska said even with that buffer IAG needed to focus on reducing costs.

“Management will need to significantly lower monthly cash burn to avoid significantly depleting resources by next summer,” he said.

But Goodbody analysts said that total liquidity was positive and IAG would be ready for a recovery in demand next spring.

IAG said it was operating in an environment of “high uncertainty”. It has been calling for COVID-19 tests at airports to replace quarantine requirements and said that governments had been slower than it expected to adopt such measures.

IAG said it would provide more detailed results on Oct. 30.

Reporting by Sarah Young; Editing by James Davey, Jason Neely and Alex Richardson

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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.


Agence France-Presse/Getty Images


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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