All Airline Business articles – Page 76
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Airline BusinessEuropean carriers face long haul through coronavirus crisis
If the relative financial success of the European airline industry had always seemed paradoxical given the glut of carrier failures over the past three winters, the coronavirus outbreak has to some extent been a leveller.
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Airline BusinessA380 and 747 hardest hit as stored fleet soars past 14,000 airliners
Latest storage data from Cirium reveals that just 2% of the A380s and less than 10% of Boeing 747s are currently flying
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Airline BusinessMixed fortunes globally as active fleet drops towards 7,000 aircraft
More than 12,500 Airbus and Boeing airliners have entered storage since January
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Airline BusinessCoronavirus crisis threatens to push South African carriers over the edge
While the coronavirus pandemic has had a wide-ranging impact across African carriers, the timing of the crisis has been particularly calamitous for South Africa’s struggling airline sector.
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Airline BusinessCoronavirus slashes Asia-Pacific deliveries in March
Carriers in the Asia-Pacific received 14 of the 49 new airliners delivered in March 2020, as airframers and countries continued to grapple with the coronavirus pandemic. The region trailed North America, where carriers took 17 new aircraft, but led Europe, which saw just 13 deliveries. Source: Cirium ...
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Airline BusinessHow Air Baltic is plotting a way through – and out of – the virus crisis
There are many data points that starkly demonstrate the airline industry’s massive challenges during the coronavirus crisis, but Air Baltic is still able to offer a particularly striking one: its forward bookings in early April were down 98% year on year.
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Airline BusinessGlobal airliner fleet returns to 1990s levels
As airlines worldwide ground their aircraft in the wake of a collapse in passenger demand, the industry has passed a key cross-over point with the number of stored jets now exceeding that of the active fleet.
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Airline BusinessEnd looms for passenger A310s as Air Transat retires fleet
Operational airline fleet decline to single digits as Canadian airline calls time
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Airline BusinessCORSIA’s airline CO2 baseline must exclude 2020 data: IATA
IATA has added to calls for ICAO to reconsider the baseline period being used for its CORSIA global carbon offsetting scheme for commercial aviation, in light of the coronavirus outbreak.
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Airline BusinessWhy airline CEOs should think counter-intuitively during a crisis
Airline chief executives need to act swiftly during the coronavirus crisis, but should also remember that counter-intuitive actions might lead to better outcomes – particularly when it comes to short-term hits to the balance sheet. Those were among the key messages heard during the FlightGlobal webinar Airline chiefs on surviving ...
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Airline BusinessWhat is it going to take for passengers to start flying again?
Challenges around the lifting of travel bans, the economic hit and restoring passenger faith in the safety of air travel are likely to be key hurdles to overcome before airlines might return to normal business after the coronavirus grounding.
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Airline BusinessSlowly but surely, China domestic capacity creeps back up
While airlines around the world hunker down amid the coronavirus crisis, the Chinese domestic market is telling a different story.
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Airline BusinessGrounded SpiceJet’s monthly lease bill may exceed $20m
Budget carrier SpiceJet, which has grounded its fleet amid a three-week lockdown in India, could face a monthly bill of over $20 million for 100 leased aircraft – most of which are in storage. Cirium fleets data shows that 13 of the aircraft are Boeing 737 Max jets, which have ...
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Airline BusinessFormer airline chiefs on government role in airline survival and future shape of sector
Government interventions during the crisis are likely to play a role not just in airline abilities to withstand the coronavirus-prompted grounding but also in the shape of the consolidation to follow.
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Airline BusinessAsia-Pacific order book haunts crisis-hit airlines, airframers
As Asia-Pacific airlines go into hibernation during the coronavirus crisis, order backlogs suggest that Airbus and Boeing have 902 aircraft scheduled for delivery into the region by the end of 2021. It is important to note that the figure of 902 commercial jets, which foresees 370 deliveries to the ...
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Airline BusinessUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
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Airline BusinessAirline traffic unlikely to return to pre-crisis levels before start of 2021
Airlines are unlikely to see a return to pre-crisis traffic levels before the start of 2021 at the earliest IATA expects - and even that projection assumes the coronavirus issues are largely tackled over the next three months.
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Airline BusinessHow consolidation has changed the shape of the European airline sector
Coronavirus has put development of the European airline industry on hold with the grounding of the bulk of fleets, while also raising questions over the shape of the industry that will re-emerge.
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Airline BusinessQantas tests limits of ultra-long-haul service
Project Sunrise could see flights of 19h-plus from New York and London to Sydney - if the aircraft, passengers and crew can take the strain
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Airline BusinessLessors exposed to more than 800 near-term jet deliveries
The sector is committed to around 25% of the Airbus and Boeing deliveries due by end of 2021, according to Cirium fleets data