All Airlines articles – Page 365
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Airline BusinessJune share price uptick strikes brighter note for airlines
Tentative signs of the opening of international air travel markets for this summer and the sealing of stabilisation measures have coincided with an uplift in airline share prices in June which will have the hard hit carriers hoping the worst may be over.
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NewsAlbrecht and Browne proposed for Norwegian board
Experienced airline executives Jaan Albrecht and Chris Browne, together with Aercap’s chief risk officer Anton Joiner are among nominations to join the board at Norwegian.
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NewsRyanair unit Lauda reverses closure of Vienna base
Ryanair-owned Lauda has cancelled plans to close its Vienna base after the majority of pilots and cabin crew backed a new collective labour agreement.
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OpinionHow pilots can overcome challenge of finding employment outside cockpit
As an airline pilot who’s been recently been made redundant, I’m now struggling to find any type of employment. Sure, the economy is not looking good and we are in unprecedented times, but even the most ‘basic’ industries must need people to fill roles (maybe even to fill rolls).
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NewsAirlines to post record net loss of $84bn this year: IATA
IATA is projecting airlines will post their largest ever collective net loss this year, totalling $84.3 billion, and will remain in the red in 2021, as the association made its first projection of the scale of industry losses since the coronavirus crisis hit.
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NewsFrench government puts jobs and environment first in €15bn aerospace bailout
France’s government has unveiled a €15 billion financial support programme for the aerospace sector, intended to save jobs and transform smaller businesses while underscoring the need for environmental progress. The government states that support – which includes the funding already unveiled for Air France-KLM Group – will be a mix ...
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NewsJet2 postpones flight resumption to 15 July
UK leisure carrier Jet2 has again pushed back the date for restarting flight operations, as a result of Covid-19-related travel restrictions.
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NewsThai proposes oil and gas executive as additional rehab planner
Thai Airways International has proposed appointing an additional person with state-owned enterprise credentials to join the five other people, as well as a professional services firm, tasked with drafting a turnaround plan for its beleagured business. The Thai flag carrier, which had its application for business rehabilitation accepted by a ...
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Airline BusinessAsia-Pacific deliveries see slight uptick in May
Asia-Pacific airlines received 11 of the 23 passenger airliners delivered globally during May, amid continued challenges stemming from the coronavirus pandemic. During the month, European carriers received seven new aircraft, and North American carriers four, according to Cirium fleets data as of 17 June. The remaining aircraft, an Airbus A350-1000, ...
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Airline BusinessAsia-Pacific travellers confront sea of restrictions
Prospective travellers in the Asia-Pacific are confronted by a dizzying array of immigration restrictions related to the coronavirus, although limited travel ‘bubbles’ mark baby steps toward a recovery. The region’s airlines have made much of their efforts to improve hygiene in the cabin through the wearing of masks by crew ...
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NewsUS DOT extends financial aid for ‘essential air service’ carriers
The US Department of Transportation (DOT) says it will extend its financial support to airlines that cancel essential air service flights due to ongoing lack of demand stemming from the coronavirus pandemic.
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NewsLufthansa secures €600 million state aid package for Austrian
Austria’s government has agreed with Lufthansa Group a financial support package for Austrian Airlines worth €600 million ($667 million) to secure its future operation as a network carrier in Vienna
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NewsDelta and LATAM apply to DOT for codeshare approval
Delta Air Lines and Chilean carrier LATAM have applied to the Department of Transportation for blanket approval to operate codeshare routes within each others’ networks.
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Airline BusinessHow coronavirus has turned the freight market on its head
With most passenger flights grounded, urgent demand for cargo is keeping many airlines solvent. Will a continued shortfall of bellyhold capacity spur orders for longer-term passenger-to-freighter solutions?
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NewsAirlines mount legal challenge against UK quarantine measure
British Airways, EasyJet and Ryanair have started legal proceedings against the UK government over the introduction of a mandatory 14-day quarantine measure for travellers arriving in the country from 8 June.
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NewsAir New Zealand dubious about long-haul flights before 2021
Air New Zealand (ANZ) has painted a stark picture of the next two years, expecting to be just 70% of its former size in 2022, with long-haul travel a distant prospect for 2021. In a letter to employees, ANZ chief executive Greg Foran expects that the carrier will fly just ...
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NewsPIA crash probe indicates no immediate need for A320 operator action
Preliminary information from the flight recorders of the crashed Pakistan International Airlines Airbus A320 in Karachi have not indicated any reason for A320 operators to take safety action. Airbus has contacted operators of the aircraft type following the 22 May accident which occurred as the PIA jet, arriving from Lahore ...
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NewsAirbus delivers 24 aircraft during zero-order May
Airbus managed to deliver 24 aircraft during May, although the manufacturer took no new orders for the entire month. But it also recorded no cancellations in May which meant overall net orders remained at 299 for the first five months of the year. It delivered four long-haul aircraft – two ...
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OpinionWhy airline industry can only trust instinct to beat coronavirus
Tim Clark has delivered his view on the coronavirus pandemic with his usual succinct style: “A $15 trillion torpedo has hit the global economy.” And the fundamentals for the industry’s recovery are largely outside its control.
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NewsClark: Don’t write off A380, but global vaccine crucial
Emirates Airline president Tim Clark expects the Airbus A380 will continue to be a “hugely potent” tool but this will hinge on the roll-out of a vaccine programme