Coronavirus

One U.S. major airline is confident that an across-the-board recovery is coming.

A&D should be an enviable career, but as the U.S. sees a vast migration of workers, industry fears being left behind.

The Irish government has announced that starting July 19 it will allow non-essential international travel again as it introduces the EU Digital COVID Certificate, designed to facilitate flying within Europe.

VOLARIS recorded MP1.5b net profit for 2Q21 (vs MP119m in 2Q19) on 38% higher revenues vs 2Q19; it has 92 aircraft.

With a fuel tax, SAF quotas and emissions-trading changes, "Fit for 55" adds up to higher airline operating costs.

JFK handled 1.28m pax in March, down 42.1% vs March 2020; year-over-year pax traffic was down 76.7% in February 2021.

FINNAIR increased target in permanent cost base reductions by 2022 (vs 2019) by €30m to €200m, covering real estate, aircraft leasing, IT, sales

SRILANKAN AIRLINES plans July 31 to restart weekly Colombo-Moscow Domodedovo (A330).

DELTA commenced offer to purchase up to maximum combined aggregate purchase price of $1b of outstanding notes.

ACI World estimated that collectively airports around the globe will see a $108 billion reduction in revenue in 2021 compared to pre-pandemic forecasts.

While airlines in the region are looking to cut costs, many environmental initiatives are advancing.

According to the EGC ruling, the measure does not discriminate against Ryanair and Laudamotion.

For Europe’s airlines enjoying the summer resurgence of demand, more COVID-shaped clouds are most likely on the horizon.

FRANKFURT AIRPORT handled 1.8m pax in June, down 73% from 6.6m pax in June 2019.

LONDON HEATHROW handled 957k pax in June, down 87% from record 7.2m pax in June 2019.

KLM says its network in the Caribbean and South America has regained its 2019 strength and is serving 17 destinations.

AMERICAN is projecting 2Q21 revenue to be 37.5% lower than 2Q19 on 24.6% lower capacity, better than previous guidance; it expects to post between net

AIRCASTLE posted net loss of $9.8m in 2Q21 (vs $26.5m loss in 2Q20) on 34% lower revenues; it owns 250 aircraft. It says through July 9 it has agreed

AIR ASTANA posted net profit of US$4.9m in 1H21 vs US$66.2m loss in 1H20; international capacity was 45% of 2019 level.

DELTA AIR LINES had $652m net income in 2Q21 (revenues up 76% vs 1Q21) and ended quarter with $17.8b in total liquidity; capacity was down 32% vs 2Q19

DELTA AIR LINES agreed to lease seven (ex-LATAM) A350-900s from AerCap and purchase 29 737-900ERs from Castlelake for delivery 3Q21-1Q22 to accelerate

There could be an opportunity for AirAsia’s Indonesian unit to improve its market position when travel restrictions ease in Indonesia, according to AirAsia Group CEO Tony Fernandes.

GOJET (United Express) plans October 5 to resume twice-daily Manchester, NH-Newak (CRJ550).

US DOT says US scheduled pax airlines employed 709,554 full-time/part-time workers in May vs 698,712 in May 2020.

AIRASIA GROUP plans RM1b rights issue to fund working capital and other operational costs, plus grow its digital businesses.