Ryanair will close its base at Düsseldorf International Airport in Germany as the market becomes increasingly pessimistic about the prospects for summer 2021
American Airlines is in talks with Boeing to potentially defer 18 737 MAX aircraft scheduled for delivery in 2021, as the airline looks to conserve cash amid the extended industry downturn caused by the COVID-19 pandemic.
When the effects of the spread of the novel coronavirus hit the U.S. defense industry six months ago, hundreds of companies shuttered. Now the tide is slowly turning, with 30 defense suppliers that remain closed. Now the tide is slowly turning, with 30 defense suppliers that remain closed.
Ryanair Holdings Group CEO Michael O’Leary has said he is now anticipating just 50 million passengers for fiscal 2020-21, two-thirds fewer than the 149 million passengers carried by the Irish LCC in 2019-20.
Virgin Australia confirmed plans to keep 56 of its Boeing 737s when it exits the administration process, which means it will cut almost 30 aircraft from its narrowbody fleet compared to pre-COVID-19 pandemic levels.
Wary of the current lack of air cargo capacity, IATA has urged the freight industry, governments and public health agencies to work together to prepare the transportation of COVID-19 vaccines around the world if and when they become available.
A lack of “clear information” from Boeing on the return of the 737 MAX is hampering Ethiopian Airlines’ ability to make decisions on its future narrowbody fleet as it studies the Airbus A220, according to the flag-carrier’s CEO Tewolde Gebremariam.
The UK government will detail a five-year aviation recovery strategy this fall, including a consultation on air passenger duty (APD) and further considerations on slot reform.
Luis Gallego, formerly the head of Iberia, has taken over as CEO of parent company International Airlines Group (IAG), after the retirement of Willie Walsh, who had led the group and been instrumental in its development since its creation in 2011.
