Strategy

  • Ryanair Wizz aircraft at Budapest
    News

    Ryanair and Wizz claw back more traffic in July

    2020-08-04T11:25:00Z

    July traffic figures released today show Wizz Air operated more than 70% of its planned capacity, while Europe’s biggest low-cost operator Ryanair saw its first significant return of passengers since the global pandemic began.

  • Aircastle_E2-890x395
    News

    Aircastle grants rental deferrals to half its customers

    2020-08-04T07:19:00Z

    Lessor Aircastle has granted rental deferrals to 40 lessees, representing half of its customer base, as it warns the impact of the Covid-19 pandemic has been “severe” and the industry may take years to recover. The amount deferred, as of 1 August, is approximately $99 million. “In the ...

  • Nok Air
    News

    Nok Air CFO resigns after less than three weeks

    2020-08-04T03:15:00Z

    Nok Air’s chief financial officer Nuanwan Bhuprasert has resigned effective today, less than three weeks after starting the job and four days after the airline filed for bankruptcy protection. The budget carrier’s chief executive Wutthiphum Jurangkool will resume the role of acting CFO, effective 4 August. Nok Air ...

  • AirAsia X Thailand Airbus A330neo
    News

    Malaysian brokerage issues dire warning about AirAsia X

    2020-08-03T03:54:00Z

    Malaysian brokerage firm CGS CIMB Securities has questioned the ability of AirAsia X to survive the collapse in international air travel. In a research note entitled “Low probability of survival,” CGS CIMB says that the long-haul, low-cost carrier’s first quarter results were just the “opening scene for the horror ...

  • ExpressJet_United
    News

    ExpressJet studying options amid warning of ‘wind down’

    2020-07-31T20:23:00Z

    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_Ohare
    News

    United plans to furlough at least one third of pilots

    2020-07-31T19:20:00Z

    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 first 737 Max
    News

    ​Gol sees Q3 as bridge to new normal

    2020-07-31T17:08:00Z

    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_B777-200LR
    News

    Air Canada reports second-quarter loss of C$1.8bn

    2020-07-31T15:03:00Z

    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.

  • British Airways cabin cargo
    News

    IAG Cargo sees large revenue gain after responding to freight crisis

    2020-07-31T14:37:00Z

    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.

  • Q6124010 European Aviation Airbus A340-600
    News

    Demand stays strong for ‘preighter’ passenger-freighter operations

    2020-07-31T13:27:00Z

    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
    News

    Eurocontrol reports flattening in airline traffic recovery curve

    2020-07-31T12:32:00Z

    Eurocontrol has observed a slowing in the growth rate of flight numbers in Europe since mid-July.

  • IAG logo
    News

    ​IAG names Ferran to succeed Vazquez as chairman

    2020-07-31T08:26:00Z

    Javier Ferran has been named as the successor to IAG chairman Antonio Vazquez, following unanimous approval by the group’s board of directors. IAG says that Vazquez announced his intention to retire in January 2021 after reaching nine years in office last January, which is the maximum recommended in the ...

  • AirAsia X Thailand Airbus A330neo
    News

    AirAsia X hopeful of late-year demand revival

    2020-07-31T07:01:00Z

    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”. In the meantime, the long-haul low-cost operator expects to remain in “hibernation mode”, maintaining “minimum connectivity” with “essential cargo ...

  • Nok Air
    News

    Nok Air files for business rehabilitation

    2020-07-31T06:33:00Z

    Thai budget carrier Nok Air has filed for business rehabilitation with a view to restructuring the company, taking a similar path to flag carrier Thai Airways which filed for the same protection in May. The country’s Central Bankruptcy Court has accepted Nok Air’s rehabilitation petition for consideration and set ...

  • ExpressJet_United
    News

    United ends partnership with ExpressJet

    2020-07-31T01:30:00Z

    United Airlines will consolidate all of its regional Embraer 145 flying to one partner, in order to streamline its network and lower costs as the coronavirus outbreak continues to take its toll on the air transport industry.

  • Skywest_delta
    News

    SkyWest posts $26m loss, ramps up Embraer fleet

    2020-07-30T22:44:00Z

    SkyWest Airlines reported a $26 million loss in the coronavirus-marked second quarter as demand slumped and the airline significantly reduced its network.

  • Airport seats
    Analysis

    Airlines left doubting if enough people can, or will, travel in 2020

    2020-07-30T11:00:00Z

    The industry’s relief at being able to ramp up services as the second half of 2020 began is quickly being replaced by concern that the coronavirus is likely to weigh more heavily on demand than previously thought.

  • SpiceJet-737
    News

    Prolonged 737 Max grounding, pandemic punish SpiceJet earnings

    2020-07-30T06:26:00Z

    India’s SpiceJet has incurred more than Rs6.7 billion ($89.6 million) in costs from the year-long global grounding of the Boeing 737 Max. Taken together with the impact from the coronavirus outbreak, which has dented passenger travel demand, SpiceJet saw losses widen for the year ended 31 March. The ...

  • A320 Allegiant
    News

    Allegiant loses $93 million in ‘most turbulent’ quarter

    2020-07-29T22:32:00Z

    Allegiant Travel Company, parent of ultra-low-cost carrier Allegiant Air, reported a $93 million loss in the second quarter as the coronavirus pandemic ravaged the air transport industry during the period.

  • Singapore Airlines Airbus A380
    News

    SIA A380 future in limbo as review of future network, fleet size underway

    2020-07-29T11:02:00Z

    Singapore Airlines Group will in the next six months be reviewing the size and shape of its network and fleet over the long term.