All Networks news – Page 10
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NewsNew Aer Lingus chief sees long road to recovery
Aer Lingus chief executive Lynne Embleton insists there is no strategic retreat from the Irish regions but that restructuring is required as a result of the Covid crisis which has inflicted around €1 billion ($1.2 billion) in damage on the airline.
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News
Number of aircraft parked at Europe’s airports drops to pandemic low
The number of aircraft inactive for more than seven days in Europe has dropped to the lowest level since the beginning of the Covid-19 pandemic, in what Eurocontrol describes as “a good sign for the summer ahead”.
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Thailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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News
American’s cancellation issues stem from pilot scarcity: Union
American Airlines’ cancellation of hundreds of flights in the past few days stems primarily due to a lack of trained and current pilots, union officials say.
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News
American cancels hundreds of flights through July
American Airlines is cancelling hundreds of flights through July due to staffing shortages and anticipated bad weather.
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Hat-trick of new cargo airlines plan for take-off
The past week has seen three new companies – in the UK, Italy and Vietnam – reveal plans to enter the all-cargo market as prices and availability of capacity make the market an attractive prospect.
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News
Air France-KLM expects 60-65% summer capacity amid long-haul uncertainty
Air France-KLM is seeing demand return for intra-European travel this summer amid the unlocking of travel restrictions across the region, but uncertainty persists for the group’s key long-haul operations.
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News
EU recommends lifting travel restrictions for US residents
The Council of the European Union has added the USA to its list of countries for which travel restrictions should be lifted.
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Analysis
Airline Business Friday Briefing: Aer Lingus riding crisis ups and downs
Aer Lingus could be forgiven for thinking things had taken a turn for the better when Ireland at the end of May cleared the path to lifting restrictions on all non-essential air travel next month.
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News
HSBC upgrades European low-cost carriers as restart gathers pace
The easing of border restrictions across Europe has led HSBC to upgrade its ratings for the major European low-cost carriers, in the expectation that the positive newsflow will rapidly increase earnings over the coming year.
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In depth
Airline Business Index shows industry below two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry is still below two-thirds of its pre-pandemic size, at a score of 60 (2019 = 100), with only a small uptick in the data over the three months to 31 March 2021.
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News
Air NZ defers 787 deliveries, forecasts record full-year loss
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.
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Transatlantic carrier La Compagnie to add Milan and Tel Aviv links
All-business operator La Compagnie is to add New York connections to Tel Aviv and Milan after resuming transatlantic flights from France after a break of more than a year.
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EasyJet expands Belfast services
EasyJet is ramping up its Belfast operations in the wake of Stobart Air’s collapse.
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China’s ‘Big Three’ see slower domestic traffic growth in May
China’s three largest airlines once again saw a significant surge in domestic passenger traffic in May, compared to a year ago — though traffic shrank slightly on a month-on-month basis.
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News
Aer Lingus delays UK-USA flights amid ongoing restrictions
Aer Lingus has delayed the launch date of flights from Manchester to New York JFK and Orlando from late July until the end of September.
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Wizz adds Naples base as Italian focus continues
Central European low-cost carrier Wizz Air is continuing its expansion in Italy by launching an operation at Naples, the latest in a series of bases it has added in the country since the pandemic hit.
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News
Southwest grounds operations due to computer ‘issues’
Southwest Airlines grounded operations on 15 June due to computer issues, marking the second time in two days that the airline suffered significant operational problems.
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News
Ireland takes steps to reinstate former Stobart domestic flights
Ireland’s transport ministry hopes to finalise by early July an emergency process to seek a carrier to reinstate the Public Service Obligation (PSO) routes operated until its recent collapse by Stobart Air.
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In depth
Airline coronavirus recovery tracker: June 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
