Airlines around the world lost more than $126 billion in 2020 as the COVID-19 pandemic cratered demand for air travel, the latest IATA World Air Transportation Statistics report shows.
Daily Memo: Asia’s LCC Orderbooks Remain Largely Intact, For Now
Credit: Airbus
Before the COVID-19 pandemic arrived, one of the most significant trends in the Asia-Pacific region was the vast number of narrowbody orders placed by LCCs.
Motion control supplier Moog’s aftermarket business is bouncing back quickly despite the company’s high exposure to widebody fleets that are being hit hard by the ongoing international long-haul traffic slump, company executives said.
PARIS—Air France, like many other carriers, is boosting its services to leisure destinations as it seeks to adapt to shifts in returning demand caused by the COVID-19 crisis.
Interline Partnership To Open New Mexican, U.S. Points For Emirates
Credit: Rob Finlayson
Emirates has entered into an interline partnership with Mexico City-based regional carrier Aeromar as part of a strategy to open up more destinations in Mexico and the U.S.
Electric aircraft startups are challenging conventional thinking about aviation and one of the more dramatic examples is Regent’s belief that seagoing wing-in-ground-effect vehicles flying between coastal cities could complement and even replace traditional regional air transportation.
From airlines around the world losing more than $126 billion in 2020 to Asia’s LCC orderbooks remaining largely intact for now. Take a look at the daily roundup of air transport news.
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