Turkish Airlines may delay delivery of Airbus, Boeing planes: report

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FILE PHOTO: Turkish Airlines aircrafts are parked at Ataturk International Airport in Istanbul, Turkey, February 13, 2016. REUTERS/Murad Sezer

ISTANBUL (Reuters) – Turkish Airlines (THYAO.IS), which halted nearly all of its passenger flights as a result of the coronavirus crisis, may delay the delivery of some Boeing (BA.N) and Airbus (AIR.PA) planes, its chairman was quoted as saying on Wednesday.

The carrier plans to begin some domestic flights on June 4 and some international flights on June 10 as airlines worldwide try to get planes flying again after a global travel slump.

But Turkish

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Factbox: Airlines crumble around the globe amid coronavirus pandemic

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(Reuters) – The coronavirus crisis, which has virtually grounded global air traffic since March, has pushed several struggling airlines over the edge.

FILE PHOTO: A Flybe plane takes off from Manchester Airport in Manchester, Britain January 20, 2020. REUTERS/Phil Noble

Chile’s LATAM Airlines Group SA (LTM.SN) on May 26 became the largest carrier so far to seek an emergency reorganisation during the pandemic.

Below is a list of airlines that have ceased operations since the start of this year:

EUROPE, MIDDLE EAST AND AFRICA

Air Italy

Investors in Italy’s second-largest airline agreed on Feb. 11 to place the

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Chile’s Latam Airlines Group hires PJT Partners to restructure debt: report

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FILE PHOTO: LATAM airlines logo, is seen inside of the Commodore Arturo Merino Benitez International Airport in Santiago, Chile April 25, 2019. REUTERS/Rodrigo Garrido

SAO PAULO (Reuters) – Chile’s Latam Airlines Group SA (LTM.SN) has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.

According to the paper, which cites sources with knowledge of the matter, Latam is considering filing for Chapter 11 in the U.S. and equivalent bankruptcy protection in Chile and Brazil, where are

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United Airlines CEO Kirby’s annual base salary lower than predecessor

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FILE PHOTO: United Airlines president Scott Kirby speaks before the departure of the “Flight for the Planet”, the most eco-friendly commercial flight in history of aviation, according to the airline, from O’Hare International Airport to Los Angeles, in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski

(Reuters) – United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of $1 million, lower than what prior head Oscar Munoz received.

The compensation committee also approved an annual base salary of $775,000 for President Brett Hart, less than what Kirby got in the

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