Air France-KLM Group said Air France expected to operate around 35% of its 2019 network passenger capacity and KLM about 45% in the fourth quarter, as the group reported a 2020 third-quarter (Q3) loss of €1.67 billion ($1.95 billion).
Air cargo operators and shippers are facing a severe squeeze on capacity as the sector’s traditional year-end peak season, driven by holidays and retail demand, gets underway, with still-weak long-haul passenger demand making for an ongoing lack of belly-hold capacity.
Greater Bay Airlines, a new Hong Kong-based venture by Chinese billionaire Wong Cho-bau, is reportedly willing to take in former Cathay Pacific Group staff members as it waits for its air operator certificate (AOC).
SkyWest Airlines will add 20 more Bombardier CRJ-700s to its contract with American Airlines, boosted by strong demand for dual-class regional jets during the COVID-19 pandemic.
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