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Coronavirus
European Commission Allows Grants For Italian Airports
By Alan Dron
Jul 27, 2021
The EC has waved through an Italian scheme to provide the country’s airports with €800 million ($945 million) in direct grants.
Airports & Networks
Asia-Pacific Governments Chart Course To International Reopening
By Adrian Schofield
Jul 27, 2021
Australia, Singapore and Thailand describe road maps for easing border restrictions.
Safety, Ops & Regulation
AMADEO AIR FOUR PLUS
Jul 26, 2021
AMADEO AIR FOUR PLUS raised doubts whether it could continue as a going concern, citing non-payment of lease rentals from THAI AIRWAYS and industry
Air Transport
LONDON HEATHROW
Jul 26, 2021
LONDON HEATHROW lost £868m on £348m revenues in 1H21 vs £1.1b loss on £712m in 1H20; it says cumulative losses from COVID-19 have grown to £2.9b.
Air Transport
EUROPEAN COMMISSION
Jul 26, 2021
EUROPEAN COMMISSION (EC) set winter slot threshold at 50%, meaning that in November-April airlines operating at slot-regulated airports must use at
Air Transport
RYANAIR
Jul 26, 2021
RYANAIR had €273m net loss in first quarter ended June 30, but cautiously expects to post small loss or break even in FY22; it says based on current
Air Transport
AIR CANADA
Jul 23, 2021
AIR CANADA reported net loss of C$1.2b in 2Q21 vs (C$343m net profit in 2Q19) on 82.4% lower revenues vs 2Q19; it ended quarter with C$9.8b liquidity
Air Transport
American Airlines To Hire 1,350 Pilots, Posts ‘Smallest Loss’ Of Pandemic Era
By Ben Goldstein
Jul 22, 2021
American Airlines plans to hire 1,350 more pilots by 2022, part of an effort to return to full capacity as demand recovers from the COVID-19 pandemic.
Airlines & Lessors
US DOT
Jul 22, 2021
US DOT says US scheduled pax airlines employed 392,984 full-time equivalent (FTE) workers in May, the lowest FTE total for the month of May since 2015
Air Transport
AMERICAN AIRLINES
Jul 22, 2021
AMERICAN AIRLINES says it is prepaying the entirety of its $950m spare parts term loan that was scheduled to mature in April 2023. It now expects to
Air Transport
VIVA AEROBUS
Jul 22, 2021
VIVA AEROBUS recorded MP663m net profit for 2Q21 (vs MP63m in 2Q19) on 75% higher revenues vs 2Q19; it has 48 aircraft.
Air Transport
AMERICAN AIRLINES
Jul 22, 2021
AMERICAN AIRLINES posted $19m net profit in 2Q21 (vs $662m net profit in 2Q19) on 37.5% lower revenues vs 2Q19. It ended quarter with record $21.3m in
Air Transport
IATA Poll Shows Passengers Support Masks, For Now
By Alan Dron
Jul 22, 2021
Most airline passengers will continue to support the wearing of masks on board aircraft in the near term, according to a poll organized by IATA.
Airlines & Lessors
ALASKA AIR GROUP
Jul 22, 2021
ALASKA AIR GROUP had $397m net income in 2Q21 (vs $262m net profit in 2Q19) on 33% lower revenues vs 2Q19. It says it has repaid full $135m loan from
Air Transport
SOUTHWEST AIRLINES
Jul 22, 2021
SOUTHWEST AIRLINES had $348m net income in 2Q21 (vs $741m net profit in 2Q19) on 32.2% lower revenues vs 2Q19. It has 736 737s (68 MAXs), including 39
Air Transport
U.S., Europe Leading Utilization Recovery
Jul 22, 2021
Despite the lack of international travel, the utilization rates in the U.S. is currently top in the world. It has recovered to about 80% of pre-COVID
Air Transport
IATA’s Walsh Lays Out Challenges African Airlines Are Facing
By Alan Dron
Jul 21, 2021
IATA Director General Willie Walsh said the African market remains difficult as the pandemic continues to play out.
Airlines & Lessors
RYANAIR
Jul 21, 2021
RYANAIR announced COVID-19 recovery schedules for summer 2021 from Scotland (245 weekly flights to 78 destinations; 4.7m annual pax), Rome (>470 to 80
Air Transport
AEROMEXICO
Jul 21, 2021
AEROMEXICO posted EBITDAR of MP1.9b for 2Q21 (vs MP0.7b in 2Q19) and ended quarter with operating fleet of 118 aircraft.
Air Transport
UNITED AIRLINES
Jul 21, 2021
UNITED AIRLINES posted $434m net loss in 2Q21 (vs $1.1b net profit in 2Q19) on 52% lower revenues. It expects profitability in 3Q21 and beyond as more
Air Transport
US DOT
Jul 21, 2021
US DOT says US domestic air fares averaged $260 in 1Q21, down 1.2% from $264 in 4Q20 and 24% from $343 in 1Q20.
Air Transport
Air Astana Reports H1 Profit But Wary As COVID Cases Rise
By Kurt Hofmann
Jul 21, 2021
"Whether the recovery will be sustainable will come down to a race between COVID variants and vaccine take-up,” Air Astana President and CEO Peter Foster said.
Airlines & Lessors
Opinion: Asia-Pacific Region Is Slowing Global Air Transport Recovery
By Jens Flottau
Jul 21, 2021
While the U.S. and Europe are recovering, the Asia-Pacific region remains in crisis.
Airlines & Lessors
EASYJET
Jul 20, 2021
EASYJET has £318.3m pretax loss for third quarter ended June 30 vs £346.8m loss a year ago; it expects in fourth quarter to fly up to 60% of 2019
Air Transport
AIR CANADA
Jul 20, 2021
AIR CANADA announced current summer transborder schedule of 55 routes/34 US destinations/220 daily flights following loosening of restrictions on non
Air Transport
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