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.
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.
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.
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 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”.
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.
Embraer delivers 71 jets in fourth quarter
Embraer delivered 71 jets in the fourth quarter of 2020, bringing the number of aircraft it delivered in the full year to 130, as the Brazilian airframer continued feeling the effect of the coronavirus.
Copa Q4 loss is $169m, as it operated 27% of capacity
Panama’s Copa Airlines posted a fourth quarter loss of $169 million as it was only able to operate 27% of the capacity it had operated in the same quarter a year prior, due to coronavirus-related travel restrictions.
Jamaica Defence Force to buy six Bell 505 helicopters
The Jamaica Defence Force has signed a purchase agreement with Bell to buy six Bell 505 helicopters.
American expands international schedule from Miami
American Airlines is expanding international service from its Miami hub, with new direct flights to Tel Aviv and Paramaribo, Suriname, set to launch in June and July, respectively.