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Sets stage for massive downsizing
Russia To Create New Airline In Far East | Maxim Pyadushkin The Russian government seems to have found a way to create a new airline that will provide passenger services between remote regions in the country’s Far East. |
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Argo AI, a Pittsburgh-born and -based developer of autonomous vehicle technology, announced it’s opening a Munich office as part of a $2.6 billion deal with Volkswagen, more than double Ford’s investment in the firm in 2017. READ MORE |
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United Warns 36,000 Employees Of Potential Furloughs | Ben Goldstein United Airlines will notify 36,000 frontline employees this week about possible involuntary furloughs, setting the stage for a massive downsizing that could result in the loss of as much as 45% of its total workforce this fall. |
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AirAsia Survival Doubted By Auditor, Shares Drop | Chen Chuanren Trading of AirAsia Group Berhad stock was temporarily halted on the morning of July 8 after auditor Ernst & Young (EY) questioned the LCC’s ability to shore up its funds to stay afloat. |
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Fireside Chat With Qatar Airways Group CEO Akbar Al Baker July 21 9:00 EDT | 14:00 BST | 21:00 SGT Since its launch in 1997, Doha-based Qatar Airways has grown to connect more than 160 destinations and become a 5-star airline that sets industry standards in passenger service. Group CEO Akbar Al Baker has been instrumental in shaping the development of Qatar Airways and is an industry influencer. Throughout the pandemic, he has transitioned Qatar Airways by introducing dedicated cargo and repatriation flights, restoring scheduled routes and launching hygiene safety initiatives to reassure and safeguard passengers and employees. Mr. Al Baker serves on the IATA Board of Governors, which he chaired in 2018-2019. He is also a member of the Executive Committee of the Arab Air Carriers Organisation and a non-executive Director of Heathrow Airport Holdings. A recipient of France’s Legion of Honor in recognition of his leadership in the aviation industry, Mr. Al Baker also holds a private pilot license. Join Aviation Week Network as Mr. Al Baker provides his perspective on how the worldwide airline industry should position itself to best survive the global pandemic and return to strength. | REGISTER |
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CAPA: Dire Winter Outlook For European Aviation | European aviation powerhouses, the UK, France and Germany, are each expected to recover to just 40% of 2019 airline capacity levels by the end of 2020, according to a new CAPA airline capacity projection. |
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U.S. Senator Vows To Introduce Bill Blocking Sale Of Middle Seats | Ben Goldstein U.S. Senator Jeff Merkley vowed to introduce a bill blocking the sale of middle seats on domestic flights during the COVID-19 pandemic, following a viral selfie snapped by the lawmaker on a packed American Airlines flight that drew heavy criticism on social media aimed at the carrier. |
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