Singapore Government Extends Wage Subsidies For Aviation Sector
The Singapore government will set aside S$130 million ($96 million) and extend the salary subsidy program known as Aviation Workforce Retention Grant (AWRG) by another six months, as part of an effort to tide the aviation sector over into the recovery phase.
Daily Memo: Recovery’s Lag Adds To Staffing Woes
As travel demand continues to waver in many parts of the world, airlines are forced to embrace a wait-and-see approach to their operations.
Delta’s Employee Vaccine Levels Increase With New Surcharge
Delta Air Lines’ employee vaccination rate has reached 82% in the three weeks after the company announced it would issue a $200 monthly health insurance surcharge for unvaccinated staff.
Major Asian MRO Groups Retain Focus On Growth
Some of the leading Asia-Pacific MRO organizations are pushing ahead with expansion plans despite the fact that their revenues have been dealt a significant blow over the past 18 months by the COVID-19 pandemic.
Roll-Royce To Sell ITP Aero To Spanish Consortium
The sell-off of ITP has been at the top of a list of potential asset disposals as Rolls-Royce looks to rebuild its balance sheet following the pandemic, which has heavily impacted the company’s commercial engine business.
Safran and French energy group TotalEnergies agreed to jointly develop technical and commercial solutions designed to accelerate the reduction of carbon dioxide emissions from the aviation industry.
Eurocontrol Figures Show European Traffic At 70% Of 2019 Levels
The figures were in line with the Brussels-based network manager's most optimistic recovery projection for the month.
Qantas Looks To Move London Flights To Darwin
Qantas has confirmed it will be shifting its Australian gateway for nonstop London flights due to domestic state border restrictions imposed by Western Australia.
Chinese Police Arrest HNA Group CEO, Chairman
In a stock exchange filing HNA Group, now undergoing restructuring, said the two executives were detained by police in Hainan province for “suspected crimes.”
Chinese police have arrested HNA Group CEO & Chairman, Singapore government extends wage subsidies for aviation sector, Rolls-Royce will sell ITP Aero to Spanish consortium and more. Take a look at the daily roundup of air transport news.
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