Coronavirus

Southwest Airlines warned that it does not expect to be profitable in the 2021 third quarter (Q3), as a spike of COVID-19 infections associated with the new delta variant appears to be harming demand for air travel.

The latest surge of COVID-19 cases in Australia has dealt a crucial blow to local airlines that were beginning to recover some momentum based on their domestic strength.

LATAM AIRLINES GROUP is expected to lease five ex-Norwegian 787-9s from Avolon (3) and Orix Aviation (2).

LATAM AIRLINES GROUP had US$770m net loss in 2Q21 (vs US$62.8m loss in 2Q19) on 62.5% lower revenues. It formally cancelled two A350s, four 787s and

JETRAN agreed to purchase nine 767-300ERs from LATAM Airlines Group, which received Court approval for deal on June 30.

BRUSSELS AIRLINES lost (EBIT) €143m in 1H21 (vs €211m loss in 1H20) on 45% lower revenues; it operated 55% fewer flights.

The 2021 second quarter marked a turning point in the North American air travel recovery, as major airlines reported their first quarterly net profits since the COVID-19 pandemic devastated travel demand in March 2020.

ETIHAD posted US400m operating loss in 1H21 (vs $800m loss in 1H20) on 67% lower revenues, showing a progressive recovery across its business despite

The backers of a proposed new Indian LCC are expected to achieve the first step in the approval process soon and they are also believed to be in talks with manufacturers regarding narrowbody orders.

The future of Asian LCC narrowbody orders is a key question for airlines, lessors and manufacturers.

United Airlines became the first U.S. legacy carrier to mandate COVID-19 vaccinations for all employees, as the delta coronavirus variant sweeps through North America and threatens the ongoing recovery in air travel demand.

Auckland Airport plans to begin work on a major terminal relocation project in 2022, following delays caused by the COVID-19 crisis.

As network carriers report improvements in booking trends in recent weeks, hopes grow for a full reopening of transatlantic travel.

WINGO (Copa), Colombia is now operating six 737-800s, which is two more than at start of pandemic, as reported by CAPA.

AIR LEASE CORPORATION had $85.6m net income in 2Q21 (vs $143.8m in 2Q20) on 5.7% lower revenues; it ended quarter with owned/managed/committed fleet

Companies are customizing aviation maintenance training through technology and tailored programs to reach a wider pool of future technicians.

The group’s director general Subhas Menon said countries should look at sustainable ways to maintain air traffic corridors instead of the “start-stop” measures seen so far.

Frontier Airlines said emergence of the delta coronavirus variant has dampened demand for air travel in the third quarter, marking the latest setback in the recovery from the pandemic.

Airlines around the world lost more than $126 billion in 2020 as the COVID-19 pandemic cratered demand for air travel, according to IATA.

But the outlook for next-gen airliner and engine timing—and what they will look like—is less clear now than before the COVID-19 crisis.

IATA confirmed global airline industry carried 1.8b pax in 2020, down 60.2% from 4.5b in 2019, the largest year-on-year drop on record; capacity fell

Media reports suggest that the UK government has abandoned a planned ‘amber-watch’ category after protests from the aviation industry and wider travel sector, which had warned that introducing the new category would lead to another slump in bookings.

QANTAS GROUP announced it is standing down 2,500 employees for about two months due to COVID-19 travel restrictions.

Qantas plans to stand down 2,500 of its employees for at least two months.