All Airline Business articles – Page 71
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Airline BusinessOnce the industry’s darlings, Asian LCCs struggle in pandemic’s wake
Asia-Pacific’s low-cost carriers were once the region’s success stories and seen as the next phase of growth. Amid the coronavirus outbreak though, many are now struggling. How will they overcome the crisis?
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Airline Business‘X’ doesn’t mark the spot for A330neo
The coronavirus is a disaster for all airlines and airframers, but a concentration of orders with troubled Southeast Asian carriers presents a particular challenge for the Airbus A330neo. The world was very different in July 2014. Brent crude stood at well over $100 a barrel, a price that seemed to ...
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Airline BusinessLatin American aviation’s coronavirus slumber far from over
As the global aviation industry gets used to the idea that a rebound may take three years, the sector in Latin America is looking at a particularly difficult recovery, as airlines report staggering losses, borders remain closed and governments continue withholding aid.
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Airline BusinessKorean doubles down on cargo amid challenging passenger market
Korean Air’s second quarter operating profit on the back of strong cargo performance offered a dash of positive news to a sector reeling from the coronavirus pandemic.
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Airline BusinessSriLankan focuses on cargo, repatriation pending traffic recovery
SriLankan Airlines chairman Ashok Pathirage has had to navigate an extremely challenging environment since assuming his role in December 2019. A prominent Sri Lankan businessman, Pathirage is also the chairman and founder of local conglomerate Softlogic Holdings, and runs other local companies as well. He joined the national carrier at ...
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Airline BusinessAsia-Pacific airlines temper optimism with caution - but for how long?
While capacity is expected to increase in coming months, airlines in and around the region warn of material losses in upcoming financial results. With the pandemic-induced downturn showing no sign of easing off anytime soon, they are finding it increasingly trickier to match expectation with reality.
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Airline BusinessMyanmar Airways International bucks trend with planned growth
Myanmar Airways International (MAI) is struggling as much as any airline amid the coronavirus pandemic, but chief executive Saravanan Ramasamy sees opportunity in crisis. The full-service airline is by no means the region’s biggest or most famous carrier, operating a pair of Airbus A319s and a single A320 from its ...
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Airline BusinessAirline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
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Airline BusinessAirline coronavirus recovery tracker: August 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Airline BusinessJAL plays the long game with pandemic response
Japan Airlines (JAL) is focused on long-term survival as it weighs its network, finances, and fleet, amid the coronavirus pandemic. JAL sees sharply diverging trends for its domestic and international network, says the carrier in an email interview with FlightGlobal. Source: JAL JAL has 25 787-8s in its ...
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Airline BusinessAirlines left doubting if enough people can, or will, travel in 2020
The industry’s relief at being able to ramp up services as the second half of 2020 began is quickly being replaced by concern that the coronavirus is likely to weigh more heavily on demand than previously thought.
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Airline BusinessAn eternal midnight for Asia-Pacific airlines
Hopeful talk of ”travel bubbles” in the Asia-Pacific has turned to disappointment as the coronavirus demonstrates a profound ability to keep heaping disruption on the travel industry. In early May, hope was in the air in Auckland. New Zealand, one of rare success stories in dealing with the pandemic, mooted ...
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Airline BusinessSkyTeam chief sees crisis creating fresh focus for airline alliances
SkyTeam is marking the start of its third decade with a fresh focus on supporting industry efforts to rebuild passenger confidence in flying, and on accelerating a ‘contactless’ travel experience offering across its alliance members.
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Airline BusinessUS airlines brace for further volatility in second half of 2020
No matter what kind of positive spin they put on it, US airlines suffered financial carnage in the second quarter as the coronavirus tore through the industry and global economy.
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Airline BusinessWhy SpiceJet may feel time is right for US and UK services
True long-haul flights would be a significant strategic change for the budget operator, and there are many challenges to overcome before services could start.
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Airline BusinessNew chief has big plans for ACI, but crisis recovery comes first
The new director general of airports body ACI World has grand plans to increase the profile and reach of the organisation – but knows he must first oversee the industry’s recovery from an unprecedented crisis, as the coronavirus pandemic halves passenger traffic in 2020. “The short-term [goal] is of course ...
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Airline BusinessAmerican’s pilots blast JetBlue strategic agreement
American Airlines’ pilots have harshly criticised a planned partnerhip with JetBlue Airways that could become a case study of how major US airlines plan to weather the coronavirus downturn..
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Airline BusinessAirlines urgently need winter waiver decision: IATA slots chief
Airlines urgently require regulatory bodies to waive the 80:20 slot rule for the northern hemisphere winter season, according to Lara Maughan, head of worldwide airport slots at IATA. Absent decisions to do so by the end of July – particularly from the European Commission, which has regulatory oversight of half ...
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Airline BusinessEmirates revival signals slow end to A380 hibernation
The airline industry’s gradual recovery from the coronavirus pandemic passed a key milestone today when Emirates began returning Airbus A380s to service, initially on services to London and Paris.
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Airline BusinessHow many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.