A coalition of nearly two-dozen CEOs from across the travel and tourism industry called on President Joe Biden to take steps to restart air travel between the U.S. and the UK.
The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.
IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.
Since the beginning of the COVID-19 crisis, air cargo has taken on a more important role within the broader airline industry–and industry experts believe that it may continue to occupy a greater role than it did before the pandemic as the recovery progresses.
A pair of U.S. senators penned a letter to seven airlines urging them to promptly issue cash refunds for flights canceled during the coronavirus pandemic, regardless of whether the flights were canceled by the passenger or carrier.
The travel bubble established between Australia and New Zealand may be groundbreaking, but two brief suspensions within the space of two weeks highlight the challenges facing such an approach.
Taiwan’s health ministry said on May 10 that it will quarantine all China Airlines pilots as a stop-gap solution to curb the spread of new COVID-19 clusters on the island.
Swiss International Airlines is confronting the greatest challenge in its corporate history as management concluded that a significant restructuring of its business is unavoidable.
Most Europeans are willing to travel by the end of August, demonstrating the “significant amount of pent-up demand which has accumulated following months of travel restrictions,” a new report has found.
After battling headwinds during the first quarter from a second wave of COVID-19 infections in Brazil, Azul is seeing positive signs for a rebound in demand as its home country’s vaccination rates increase.
What now in the post-pandemic world? During several recent trade shows, webinars and Aviation Week interviews, advisors and analysts have shed light on where they think industry giants are going next and why.
Recent weeks had seen European airlines sounding increasingly gloomy about the prospects for the summer season recovery, the thought of which likely kept many executives going over the lean COVID-hit winter months.
The quarantine measure is by far the strictest introduced by any country, with 14 days the standard baseline requirement for self-isolation on arrival.
The European Commission has said its member states should ease restrictions on non-essential travel into the European Union to take account of COVID-19 vaccination campaigns, but advised adding an “emergency brake” mechanism to counter the threat of new variants.
Chilean carrier JetSMART is flying more routes currently than before the COVID-19 pandemic started—a sign that the LCC’s business model is working in South America, CEO Estuardo Ortiz said.
Heavily indebted Hainan Airlines sunk to a record CNY64 billion ($9.8 billion) net loss for 2020 as debt restructuring for its bankrupt parent company HNA Group drags on.
