Pilots at United Airlines ratified a deal that would avoid planned furloughs in the next several months, pushing off any possible involuntary actions until mid-2021 if the U.S. Congress does not provide additional support for the country’s airline industry.
A combination of exceptional items, namely the COVID-19 pandemic, the continuing diplomatic row with surrounding nations, new accountancy standards and the failure of one of its airline investments, helped push Qatar Airways Group to a net loss of QAR 7 billion ($1.9 billion) for the 2019-20 financial year.
Aeromar is poised to open a second service to the U.S. over the coming days—one of three new routes being launched in October—as the Mexico City-based carrier rebuilds and reshapes its network in response to travel demand.
Mexican ULCC Volaris continues to see opportunities in the coronavirus crisis to build on its already-strong position in the domestic market as some of its competitors rightsize.
South African LCC Mango is in “critical discussions” with maintenance provider South African Airways Technical, triggering questions over the airline’s continued operations.
French maritime transport and logistics specialist CMA CGM has agreed to take a stake in Groupe Dubrueil Aero, the parent company of Air Caraïbes and French bee, with an eye on the air freight sector.
Impresa Aerospace, a supplier to OEMs and Tier 1 military and commercial aircraft manufacturers, has entered U.S. bankruptcy protection and could be taken over by its predominant private equity owner, Twin Haven Capital Partners, according to a Sept. 24 court filing.
Impresa Aerospace, a supplier to OEMs and Tier 1 military and commercial aircraft manufacturers, has entered U.S. bankruptcy protection and could be taken over by its predominant private equity owner, Twin Haven Capital Partners, according to a Sept. 24 court filing.
Airbus supplier Latécoère Group plans to cut about a third of its workforce in France as it reduces its manufacturing footprint in the wake of the ongoing COVID-19-induced downturn in commercial aviation.
Executives from four LCCs believe air travel demand is being suppressed by national COVID-19 restrictions, but there is a lack of solid trend data for airline planning.
In a first-ever assessment of its economic impact, NASA reports its overall exploration, science and technology development activities generated a $64.3 billion benefit in 2019, supporting 312,000 jobs nationwide that contributed an estimated $7 billion in federal, state and local taxes.
Avianca will restart international flying from Colombia Sept. 28 and gradually increase destinations while enforcing strict protocols for passengers to guard against the spread of the novel coronavirus, the airline said Sept. 25.
Hawaiian Airlines will launch pre-travel COVID-19 testing for passengers at two U.S. west coast airports beginning Oct. 15, in anticipation of the relaxation of Hawaii’s 14-day quarantine order for out-of-state arrivals.
The air cargo industry, after being thrown into the spotlight earlier this year as the world watched freighters transporting cargoes of medical supplies around the globe, has been hit much less hard than the passenger business by the COVID-19 crisis.
