Triumph Group will at least announce the sale of the rest of its aerostructure business before April 2021, if not close on the deal, the supplier’s chief executive asserted Nov. 5.
Emirates Airline has offered some pilots unpaid leave of up to one year, as it seeks to slim its workforce in the teeth of the ongoing COVID-19 pandemic.
Although Canada’s border with the U.S. remains closed, and domestic quarantines remain intact in some areas, the new CEO of ULCC Flair Airlines remains bullish about the long-term opportunities for the ultra-low-cost model over the long term.
International demand will lag the pure U.S. domestic market’s recovery for years, creating a headwind for carriers that rely on international flow to boost their throughput and altering how they rebuild their networks, an analysis from the Swelbar-Zhong consultancy suggests.
According to the trade union representing British pilots, the UK government seems set on a deliberate course to destroy the country’s airline industry.
Lessor Dubai Aerospace Enterprise (DAE) found new business in the teeth of the COVID-19 pandemic and pulled in more cash from lessees in the 2020 third quarter (Q3), the company said Nov. 4.
Lufthansa Group subsidiaries Swiss International Airlines (SWISS), Austrian Airlines and Brussels Airlines continue to implement measures to overcome the coronavirus pandemic.
Lufthansa anticipates that it can stop burning through cash at some point in 2021, provided demand recovers to at least 50% of 2019 levels in what would be a substantial recovery from current levels of activity.
Wizz Air said the winter season would be challenging but the carrier would be ready for a swift recovery when demand returns, after it posted a loss for the six months to September.
China Eastern Airlines signed major deals with CFM International and Honeywell on the Nov. 5 opening day of the China International Import Expo, both relating to its future Airbus A320neos.
Thai Airways has put a total of 34 aircraft up for sale, including all of its Boeing 747-400, 777-200 and 777-300, as the flag-carrier turns to more fuel-efficient aircraft for the handful of international flights it now operates.
Almost all of Cathay Pacific’s eligible pilots and cabin crew have accepted the revised contract terms that are a key part of the Hong Kong airline’s cost restructuring efforts.
The Democratic chairman of the U.S. House Transportation Committee narrowly won his bid for re-election, ensuring the key committee’s policy agenda remains on track for at least two more years.
Brazilian LCC GOL expects to operate 78% of its pre-pandemic fleet in the 2020 fourth quarter (Q4) as it works toward restoring its full domestic network by year-end.
