All Airlines articles – Page 277
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NewsWestJet chief executive Sims to retire at the end of 2021
WestJet chief executive and president Ed Sims will retire at the end of the year, citing family reasons.
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NewsSustainable aviation fuel comprised 0.05% of pre-crisis consumption: Eurocontrol
Sustainable aviation fuel accounted for only around 0.05% of total jet fuel consumption in Europe before Covid-19 hit, according to Eurocontrol, highlighting the challenge in raising its use to the air traffic manager’s goal of 10% by 2030.
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NewsKLM chief predicts uneven recovery will balance out
Travel recovery in the wake of the Covid-19 pandemic is uneven as nations vary in their progress vaccinating against the disease yet stagnant demand in some regions may be offset by returning demand in others, KLM Royal Dutch Airlines chief executive Pieter Elbers predicts.
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NewsCovid-19 charters to inform IndiGo’s future international plans
Indian low-cost carrier IndiGo will use knowledge gained through international charters during the coronavirus pandemic to help reboot its international network.
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NewsAirlines to resume Phuket services from July
Airlines are re-establishing direct flights to Phuket from July as the Thai government pushes ahead with a pilot scheme to reopen the island destination to vaccinated international tourists.
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NewsUS lifts 'do not travel' warning for Canada, Mexico, much of Europe
The US State Department has lowered its risk profile for travel to Canada and Mexico, just as Canada also considers easing some of its own strict restrictions for travellers who have been vaccinated against the coronavirus.
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NewsApril air cargo demand up 12% from pre-crisis level: IATA
Global air cargo demand in April was up 12% from pre-crisis levels, according to IATA, as the sector continues to offer a rare positive airline story during the Covid-19 crisis.
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NewsSouthwest orders 34 more 737 Max 7s
Southwest Airlines has ordered another 34 Boeing 737 Max 7s, bringing its total Max 7 orders to 234 jets in a move the company says reflects an improving financial outlook.
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NewsEuropean flights reach highest level since September
The number of flights taking place in Europe has reached its highest level since the end of the summer 2020 season, as the continent’s travel markets begin to reopen.
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NewsCathay gets one-year drawdown extension for $1bn loan facility
The Hong Kong government has agreed to extend the drawdown period of a HK$7.8 billion ($1 billion) loan facility for Cathay Pacific Airways by 12 months.
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NewsIndiGo chief strikes confident tone despite huge losses
Indian low-cost carrier IndiGo is optimistic that passenger levels will return to where they were in February by the end of 2021.
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NewsPandemic shaves $10 billion off African airlines’ revenue: AFRAA
African carriers lost $10.2 billion in passenger revenues last year as a result of the Covid-19 pandemic, and will continue to lose money in 2021, according to a report published by airline association AFRAA.
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NewsAirline CEOs call for reopening of UK-USA travel corridor
The chief executives of the US and UK airlines that offer passenger services between the two countries have joined forces to call for the reopening of transatlantic travel.
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NewsBoost premium economy to offset business-travel decline: HSBC
Europe’s legacy carriers should respond to a reduction in long-haul business class revenues by slashing first class and expanding premium economy, in order to maintain their margins in the post-pandemic era, HSBC has suggested.
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NewsMalaysia’s air traffic slump to continue into next quarter
Malaysia’s air traffic is expected to remain at current low levels for at least the next three months, amid countrywide movement restrictions in place until mid-June.
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NewsCoronavirus hammers IndiGo earnings in 2021
Indian low-cost carrier IndiGo slumped to an operating loss of INR4.6 billion ($63 million) for its 2021 financial year, compared with an operating profit of INR56 billion a year earlier.
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NewsLessors seeking detail of AirAsia and AAX fundraisings
The restructurings of long-haul low-cost carrier AirAsia X and its short-haul cousin AirAsia are making progress, but lessors have doubts about the carriers’ ability to secure the fresh funds they need to make new business plans work.
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NewsFrance opens to vaccinated US tourists on 9 June
France will open its borders to vaccinated US tourists next week, provided they bring a negative Covid test result that is less than 72 hours old.
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NewsUS and Canadian airlines call for border opening
US and Canadian airlines have appealed to the government of Canadian prime minister Justin Trudeau to ease travel restrictions between the countries, insisting high vaccination rates on both sides of the border make safe travel possible.
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NewsGaruda defers periodic distribution under $500 million sukuk
Garuda Indonesia will defer payment of a periodic distribution under its $500 million sukuk trust certificate as it considers “strategic alternatives” to address ongoing challenges amid the pandemic.