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Alaska Airlines Reducing Flight Schedule by Around 70 Percent

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Due to a lack of demand attributed to the ongoing coronavirus outbreak, Alaska Airlines announced plans Wednesday to reduce its flight schedule for April and May by approximately 70 percent.

Alaska Airlines officials said demand has dropped by more than 80 percent as a result of social distancing and restricted travel, resulting in the carrier revealing flight schedules for June and beyond would be based on demand for at least the next several months.

“Alaska’s goal, since the onset of this outbreak, has been to keep our employees and guests safe and healthy, and to ensure that our airline is here to support and serve them in the future,” Alaska CEO Brad Tilden said in a statement. “But we also know that given the lack of demand for air travel and profound impact on the financial management of our business, hard work and aggressive control of costs and cash are required, even with additional support.”

As a way to offset the lost income, the airline announced both the CEO and President would take 100 percent pay cuts, the Horizon Air President would take a 50 percent cut, EVPs and SVPs would take 30 percent cuts and more.

In addition, Alaska Airlines is asking some employees to take voluntary leaves of absence, suspending annual pay increases, reducing hours for management employees and releasing contractors and temporary workers.

“We are ultimately optimistic about the future of our great airline,” Tilden continued. “But it is clear that we are and will be under severe financial pressure for the foreseeable future and that is why these actions are essential.”

The carrier got good news this week, as the airline industry is expected to receive a $58 billion bailout as part of the $2 trillion stimulus package designed to aid a domestic economy ravaged by the coronavirus pandemic.

Aviation officials are also hoping the bailout helps airlines avoid previously reported plans to completely shut down domestic air travel to curb the viral outbreak.

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Airline News

Airline In-Flight Magazines Are Latest To Go

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Airlines have trimmed as many expenses as they can after being decimated by the global coronavirus pandemic, including big-ticket items like parking planes and cutting capacity to, seemingly, low-priority expenses like food and beverage.

Now comes the latest cutback.

According to the aviation blog The Points Guy, four of the top five U.S. airlines have removed their inflight magazines from seatback pockets.

And it might not have been solely the choice of the airlines.

Delta, for instance, removed its Sky magazine and said the decision was based on a new aircraft cleaning process. Like many airlines, Delta has gone with a fogging disinfectant in the plane.

But Sky magazine is published privately by MSP Communications, and several staff writers say they’ve been laid off in the wake of Delta’s decision.

Southwest Airlines has also put Southwest: The Magazine on hold, after publication of the March 2020 issue. At its peak, the magazine had 5.5 million readers and Southwest is “working around the clock and will follow up with next steps regarding the Southwest: The Magazine soon,” a company spokesperson told The Points Guy.

Alaska Airlines is not publishing an April or May issue of its Alaska Beyond magazine.

As for American Airlines, its American Way magazine was placed in seatbacks for April. Michael Keating, CEO of Ink Global, which publishes American Airlines’ American Way magazine and United’s Hemisphere magazine.

“The April edition of American Way was boarded as usual and American is 100% committed to all the titles that we produce (American Way, Nexos and Celebrated Living),” he said. “Whilst of course pagination and print runs will vary, we are planning future issues as normal. The same goes for Hemispheres, though we will be skipping the May issue as United passenger numbers will be down. We are currently working on the June issue of Hemispheres and beyond.”

This post was published by our news partner: TravelPulse.com | Article Source

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