Airline industry braces for lengthy recovery from coronavirus crisis


SYDNEY/WASHINGTON (Reuters) – International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.

FILE PHOTO: A British Airways plane taxis past tail fins of parked aircraft to the runway near Terminal 5 at Heathrow Airport in London, Britain March 14, 2020. REUTERS/Simon Dawson/File Photo

Carriers including United Airlines Holdings Inc (UAL.O) and Air New Zealand Ltd (AIR.NZ) have warned they are likely to emerge from the crisis smaller, and there

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American, United call off Hong Kong flights after crew testing rules


An American Airlines Group Inc. Boeing Co. 777-300ER aircraft sits at Hong Kong International Airport in Hong Kong, China.

Brent Lewin | Bloomberg | Getty Images

United Airlines and American Airlines have canceled service to Hong Kong after crews were told they would have to undergo mandatory Covid-19 testing.

The deep throat saliva samples would be collected when crews arrive in Hong Kong, the city’s health officials said Tuesday. If crew members test positive they would be hospitalized there.

The requirements are the latest obstacle to resuming regular international flights since the coronavirus pandemic upended air travel earlier this year.

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Pizza Hut’s largest U.S. franchisee files for Chapter 11 bankruptcy


A customer enters a Pizza Hut restaurant in Princeton, Illinois.

Daniel Acker | Bloomberg | Getty Images

NPC International, the largest U.S. franchisee of Yum Brands’ Pizza Hut, filed for Chapter 11 bankruptcy on Wednesday.

The company operates more than 1,200 Pizza Huts and nearly 400 Wendy’s restaurants.

In contrast to most of the restaurant industry, Pizza Hut is one of the rare companies to report same-store sales growth in April and May, thanks to higher digital and delivery sales. But the coronavirus pandemic follows years of slumping U.S. sales for Pizza Hut, and NPC has struggled with a debt

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