Why hubs could be back in fashion in post-crisis network recovery
While low-cost carriers are likely to be among the early beneficiaries of demand for price-sensitive leisure travel in the early stages of a post-pandemic recovery, the lower levels of overall traffic could also see mean renewed focus on hub operations.
Airport slots board requests summer 2021 relief from 80:20 rule
Airports, airlines and slot coordinators have joined forces to call for some relief on slot rules during the northern hemisphere’s summer 2021 season.
Delta pilots agree to pay cuts to avoid furloughs through 2021
Pilots at Delta Air Lines have agreed to cost-cutting measures that will prevent involuntary furloughs of cockpit crew through the end of 2021.
Cargo capacity on passenger jets key for vaccine rollout: IATA
Cargo capacity in the bellies of passenger aircraft will be necessary for the efficient distribution of Covid-19 vaccines, according to IATA.
Covid impact sees China shoot up global airline connectivity ranking
The latest air connectivity ranking from IATA shows how China’s large domestic airline market – and the country’s apparent success in controlling the spread of Covid-19 – has boosted its fortunes versus other markets.
European airlines to post heaviest net loss of all regions in 2021
European carriers are projected to post the largest losses of any region next year as the already high level of load factors required to breakeven means they cannot cut costs sufficiently to operate profitably.
Further consolidation in Asia-Pacific ‘highly likely’: IATA
IATA has warned that more airline consolidation in the Asia-Pacific region is “highly likely”, if circumstances remain dire for airlines amid closed borders and a slow restart to international travel.
High debt levels will hamper airline recovery: IATA
Airlines face a challenge to recover from the increased debt burden which has resulted from efforts to survive the crisis with the industry not projected to turn cash positive for another year.
Asian and North American airlines to lead recovery but all regions loss-making in 2021
IATA expects airlines in Asia-Pacific and North America to lead the recovery in 2021 aided by strong domestic markets, though it still sees all regions loss-making as international passenger markets struggle to recover from the pandemic.
Airline chiefs predict business travel will bounce back
Chief executives of JetBlue, KLM and Lufthansa Group have insisted that corporate travel will rebound once passengers feel comfortable flying again.