The Air Transport Action Group (ATAG) predicts COVID-19 will have a 16% impact on traffic 30 years from now, the group said in a report, “Waypoint…

A recovery to 2019 levels of profitability remains distant, but carriers believe they can stem daily losses in the medium-term future.

When Francisco Gomes Neto took over from Paulo Cesar de Souza e Silva as CEO of Embraer, the company was on a clear path. The pandemic changed everything.

Southeast Asia’s airline industry is being shaken up by a wave of restructuring programs prompted by the COVID-19 crisis, with most of the region’s flag-carriers looking to downsize to survive.

Malaysia Airports has sued AirAsia X for MYR78.2 million ($19 million) in overdue charges, which comes as the long-haul LCC embarks on a MYR63.5 billion debt restructuring. 

With the approval of COVID-19 vaccines on the horizon, the next major challenge will be to distribute billions of doses swiftly and globally.

Lufthansa Cargo will continue to flexibly manage its freighter fleet of Boeing 777Fs and MD-11Fs in the coming months as belly capacity on passenger long-haul routes is curtailed by fewer flights amid the COVID-19 pandemic.  

All Nippon Airways (ANA) is expected to soon reveal details regarding restructuring plans prompted by the financial shock of the COVID-19 pandemic.