IATA

News

Airline industry might burn through $95bn in cash this year: IATA

The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

CEOs-to-watch

In depth

Airline Business special: CEOs to watch in 2021

As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.

Volaris Airbus A320neo (2016)

News

Mexico’s low-cost Volaris tracks ‘strongest recovery’ in the industry

Mexican ultra-low-cost carrier Volaris is on track for one of the fastest recoveries in the industry even though the coronavirus continued to drag on results in the fourth quarter 2020, the airline says on 19 February.

American Airlines 737 Max

Analysis

Boeing 737 Max service return in the Americas gathers pace

Airlines across the Americas are first to test customer appetite for the aircraft in much-changed operating climate

Aeromexico Boeing 787-8

News

Aeromexico sees ‘encouraging signs’ for 2021

Despite significant 2020 losses and an ongoing bankruptcy proceeding, Grupo Aeromexico, the parent of Aeromexico, sees “encouraging signs of recovery”.

Alaska Airlines Boeing 737. Alaska Airlines

News

Alaska burned $137 million in January amid steady recovery

Alaska Air Group forecasts that revenue for the first quarter will be slightly better than expected yet will still be down 55-60% year on year compared with the first quarter of 2020 before the coronavirus pandemic began.

Max 9 in flight

News

DOT raises concern about FAA’s self-certification oversight

The US Department of Transportation’s top inspector has doubts that the Federal Aviation Administration, as currently structured, can identify risks within its Organisation Designation Authorization (ODA) programme.

Erickson S-64 Air Crane

News

Erickson pitches US Army on autonomous S-64F+ Air Crane

The company believes the S-64F+ could free the service’s fleet of Boeing CH-47 and Sikorsky CH-53 heavy lift helicopters by performing training and logistics operations.

United 777-200 United. Max KJ

News

P&W to perform 777 PW4000 fan blade checks required by FAA

Pratt & Whitney will perform the PW4000 thermal acoustic imaging (TAI) inspections required under the Federal Aviation Administration’s recent emergency airworthiness directive (AD).

g600-high-c-gulfstream

News

Business jet deliveries sink 20% in 2020

The Covid-19 pandemic definitely hit commercial aerospace harder than other aviation segments, though the fallout on private and business aviation was not insignificant.

IATA

News

Airline industry might burn through $95bn in cash this year: IATA

The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

Jazeera A320neo-c-Jazeera Airways

News

Confident Jazeera outlines plans to double fleet by 2025

Kuwaiti carrier Jazeera Airways is looking to double its fleet over the next four to five years, confident that it has the resources to recover from the air transport crisis despite the heavy financial impact on its operations.

Gulf Air Boeing 787

News

Gulf Air to make Singapore return in April

Gulf Air is to launch a weekly service from Bahrain to Singapore in April, reviving a route it last operated more than a decade ago.

Rendering of Israeli air force KC-46 with F-15I c Israeli ministry of defence

News

Israel signs for Boeing KC-46, plans for more F-35s and heavy lift helicopters

The Israeli ministry of defence has signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers.

CEOs-to-watch

In depth

Airline Business special: CEOs to watch in 2021

As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.

SAS fuselage-c-SAS

News

SAS poised to re-open European summer routes if restrictions ease

Scandinavian operator SAS is preparing to re-open 180 routes for the summer within the Nordic region and Europe, believing that vaccination programmes are set to ease travel restrictions.

Norwegian Boeing 787

News

Norwegian gives update on progress in settling with lessors

Norwegian continues to make progress in settling leases and other contracts with creditors under its Irish restructuring process, but faces opposition from some parties.

IATA

News

Airline industry might burn through $95bn in cash this year: IATA

The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

Thiele-c-Knorr-Bremse

News

Influential Lufthansa Group shareholder Thiele dies

German entrepreneur Heinz-Hermann Thiele has died, a year after he emerged as a substantial shareholder in Lufthansa Group and threatened to reject a crucial bail-out for the airline company.

Portugal

Analysis

European airlines pine for summer recovery

Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.

Thai_Airways,_HS-THB,_Airbus_A350-941_(31189377511)

News

Thai Airways plunges to record full-year net loss; faces possible delisting

Thai Airways reported its worst-ever full-year net loss — dragged down by significant one-time costs — as it faces possible delisting from the Stock Exchange of Thailand (SET) because of negative equity.

Air New Zealand

News

Air New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss

Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.

Boeing 737 Max 8 house colours 1

News

Boeing bullish on growth in Southeast Asia, including 737 Max prospects

While Boeing will “continue to defer” to civil aviation regulators in Southeast Asia for the recertification and return to service of the 737 Max, it remains optimistic about the narrowbody’s long-term demand.

AirAsia Japan A320

News

AirAsia Japan closure has cost group $80 million so far

AirAsia Japan’s closure has cost the Malaysia-based AirAsia Group nearly $80 million over three quarters.

Qantas_(VH-QPH)_Airbus_A330-303_landing_Sydney_Airport_(1)

News

Qantas delays international network restart to end-October

Qantas expects to gradually resume regular international passenger flights by the end of October — about four months later than it had previously projected. 

IATA

News

Airline industry might burn through $95bn in cash this year: IATA

The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

CEOs-to-watch

In depth

Airline Business special: CEOs to watch in 2021

As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.

A320neo-Air-Cote-D-Ivoire-MSN10197-First-Flight-011

News

Air Cote d’Ivoire receives first A320neo

African carrier Air Cote d’Ivoire has taken delivery of its first Airbus A320neo.

Social distancing

Analysis

Airlines anxiously await international rescue as variants trump vaccines

Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.

Air Namibia-c-Air Namibia

News

Embattled Air Namibia recalls fleet and ceases operations

Struggling African carrier Air Namibia is cancelling all flights from 11 February, and returning its fleet to its Windhoek base.