Large U.S. airlines revise 2020 forecasts, slash costs and flights

On Tuesday, leading U.S. airlines including Delta and American announced the suspension of their 2020 financial forecasts and took strong measures to further boost their capabilities to fight the economic impact of China’s coronavirus United announced a capital raising event and reported a first-quarter loss. The coronavirus pandemic has deeply impacted the tourism sector and…

British Airways facing $229.8 million fine over 2018 hacking attack

Hackers had managed to breach BA’s defenses and had stolen customer data, including credit card details, from its app and website. On Monday, IAG, the owner of British Airways, stated the UK Information Commissioner’s Office (ICO) intends to impose a penalty of $229.8 million (183.4 million pounds) for the theft of customer data from the…

Indonesian airlines Garuda Indonesia cancels $6 billion orders for Boeing 737-MAX 8

Negotiations with Boeing are ongoing. Garuda Indonesia has said, it could switch the order with other Boeing models. Airbus SE jets are not, yet, being considered. On Friday, Fuad Rizal, the Chief Financial Officer of Indonesia’s national carrier Garuda Indonesia stated, the airlines has sent a letter to Boeing Co asking it to cancel an…

Pilot training, software update being finalized for Boeing 737-8

Boeing updates target the 737-8’s flight control system, which is also known as MCAS (Maneuvering Characteristics Augmentation System). Following two fatal crashes in the last 5 months, Boeing Co stated, it was finalizing the development of a software upgrade and a revision of pilot training for its 737 MAX. The updates target the aircraft’s flight…