Based in Austria, Kurt covers European air transport for ATW. He has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Finnair’s CEO says that the flag-carrier will emerge from the COVID-19 crisis as a leaner business and will focus on repaying debt before investing in new narrowbodies.
VistaJet founder and chairman Thomas Flohr is witnessing an ongoing trend as airline passengers switch to private jets with global airline connectivity limited because of the pandemic.
Finnair said it is now in a healthy financial position after a recapitalization and extensive cost-cutting that addressed the havoc wreaked on its business by the COVID-19 pandemic in 2020.