Malaysian brokerage issues dire warning about AirAsia X
Malaysian brokerage firm CGS CIMB Securities has questioned the ability of AirAsia X to survive the collapse in international air travel.
ExpressJet studying options amid warning of ‘wind down’
ExpressJet Airlines is evaluating “options for the future” following a severed relationship with United Airlines, though the regional carrier’s trade association says ExpressJet has warned of a “potential phased wind down”.
United plans to furlough at least one third of pilots
United Airlines plans to furlough at least one-third of its total pilot population as the carrier continues to grapple with the coronavirus pandemic’s long-term effects on the air transport industry.
Gol sees Q3 as bridge to new normal
Brazilian airline Gol reported a second-quarter loss of R2 billion ($384,000) as the coronavirus crisis ravaged the air transport industry in the Latin American country.
Air Canada reports second-quarter loss of C$1.8bn
Air Canada posted a stunning C$1.8 billion ($1.5 billion) loss during the second quarter, as the coronavirus shut down almost all air travel in the country, and government-imposed restrictions kept passengers away.
IAG Cargo sees large revenue gain after responding to freight crisis
IAG’s cargo arm has seen a surge in revenue and yield after quickly responding to the changing market conditions brought on by the coronavirus pandemic.
Demand stays strong for ‘preighter’ passenger-freighter operations
The rapid introduction of passenger aircraft in the dedicated freighter role has been a key development during the coronavirus pandemic – one cargo experts see as continuing.
Eurocontrol reports flattening in airline traffic recovery curve
Eurocontrol has observed a slowing in the growth rate of flight numbers in Europe since mid-July.
IAG names Ferran to succeed Vazquez as chairman
Javier Ferran has been named as the successor to IAG chairman Antonio Vazquez, following unanimous approval by the group’s board of directors.
AirAsia X hopeful of late-year demand revival
AirAsia X is still confident that demand “will pick up towards the end of 2020”, though the group acknowledges that it has “no clear visibility on the timing of recovery”.