Aviation Daily Roundup: August 26
August 26, 2020
AirAsia Leans On Home Markets; Ramps Up Digital Offerings
AirAsia Group Berhad is preparing to rely on its six airlines’ domestic markets for revenue in the remaining months of 2020 after the LCC group had “stabilized” in the second quarter (Q2) following the outbreak of COVID-19.
U.S. Domestic Fares Sunk In July As Demand Recovery Stalled
Fares for domestic U.S. air travel hit their lowest level since April in July, caused by a resurgence in COVID-19 that plateaued demand at around 25-30% of 2019’s level, a report from Bloomberg Intelligence shows.
Allegiant Air Keeps Owensboro; Awaits DOT Input On Other Markets
Allegiant Air will continue to serve Owensboro, Kentucky, but is waiting on a U.S. Transportation Department (DOT) response to its request to change service in 10 other markets.
Daily Memo: GE Aviation’s Complicated Path Forward
Until only a few months ago, John Slattery’s future career path looked well-defined.
Korean Air Signs Sale Deal For Inflight Services
Korean Air has reached an agreement to sell its inflight catering and duty-free businesses, valuing them at KRW990.6 billion ($835 million).
London Gatwick May Lose 600 Jobs Under Restructuring Proposal
Nearly a quarter of staff at London Gatwick Airport could lose their jobs under a drastic restructuring plan, after COVID-related airline network cuts left the South London airport operating at just 20% of its peak-season capacity.
American Airlines’ Rejection Of Pilots’ Early-Retirement Requests Angers Union
American Airlines and the Allied Pilots Association (APA) worked to limit the number of planned furloughs in response to lower demand, but the union says the airline opted for short-term financial gain over saving even more jobs by rejecting early-retirement requests from more than 200 pilots
Fastjet Details Survival Strategy To December 2021
Embattled African LCC fastjet is not expecting to resume scheduled operations until Sept. 30 at the earliest, but the group is now rethinking the sale of fastjet Zimbabwe and is strategizing to stay operational into December 2021.
American Airlines Deploys Powerful Coronavirus-Killing Cabin Spray
American Airlines became the first carrier to deploy a new surface-cleaning solution that is claimed to kill 99.99% of coronavirus cells for up to a week after it is sprayed, as airlines look to persuade the public that flying is safe during the COVID-19 pandemic.
Ryanair Boosts Portugal Flights As Eurocontrol Says Recovery Has Hit Plateau
Ryanair plans to boost its operations between the UK and Portugal, following the British government’s addition of the popular vacation destination to its “travel corridors” safe list.
Swoop Plans Flights From Toronto Pearson
Swoop plans to start service at Toronto Pearson International Airport as part of its winter schedule with a mix of domestic and international routes, the airline said Aug. 25.
COVID Pushes AirBaltic $218M Into The Red
AirBaltic has posted a €184.8 million ($218million) first-half (H1) net loss, nearly seven times deeper than the net loss the Latvian carrier recorded for the same period in 2019.
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