Airlines & Aviation 2020-

Written by  //  September 22, 2020  //  Aviation & Aerospace  //  No comments

IATA calls for COVID-19 testing at airports, says quarantine ‘killing’ industry
About 83% of air travellers from 11 countries said in an IATA poll they wouldn’t fly if there was a chance of being quarantined at destination.

17 September
John Cassidy: How Boeing and the F.A.A. Created the 737 MAX Catastrophe
The basic outlines of the Boeing 737 MAX tragedy are already well known—or should be well known. Even so, a detailed new report that the House Committee on Transportation and Infrastructure released on Wednesday morning is a remarkable document. In two hundred and thirty-eight pages of clearly written prose, it goes a long way toward explaining not only what went so wrong at Boeing but what has gone badly askew with the American corporation in general, and with American governance.
… As is now standard in corporate America, Boeing’s top executives received vast compensation packages that were tied to the company’s profitability and stock price. In 2018 alone, Dennis Muilenburg, who was then Boeing’s chairman and chief executive, took home $23.4 million in compensation, including $13.1 million in profit-related incentive payments and $7.3 million in stock. The mind-set of prioritizing the bottom line and the firm’s stock price permeated the top management. As a reward for “keeping to the MAX’s production schedule, Boeing gave Michael Teal, the former Chief Project Engineer on the 737 MAX program, restricted stock options after the airplane’s first flight in 2016,” the new congressional report notes.

27 August
(The Independent) History’s most famous aircraft is disappearing from the skies. The Boeing 747, which democratised and romanticised air travel for those who could not previously afford it, is now destined for life as a cargo workhorse or museum exhibit. Hugh Morris looks back on the original jumbo jet’s colourful history.

20 August
American Airlines halts flights to 15 U.S. cities due to weak demand because of COVID-19
Airlines were getting subsidized to maintain service to certain markets but that cash is about to expire so AA is pulling out.
American Airlines will drop flights to 15 smaller U.S. cities in October when a federal requirement to serve those communities ends.
The airline blamed low demand during the coronavirus pandemic, which has triggered a massive slump in air travel. Airlines and their labour unions are seeking billions in taxpayer relief.

Leave a Comment

comm comm comm