Traffic is continuing to rebound at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, relieving some of the severe financial pressure caused by the COVID-19 pandemic over the past year.
The $2 billion in emergency funding allocated to U.S. airports in the most recent COVID-19 pandemic relief package is a much-needed cash injection for an industry sector caught between the proverbial rock and a hard place.
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400s will end operations by March 31.
Japan’s two major carriers are significantly cutting back their domestic schedule plans for January following a new spike in COVID-19 cases in the country.
The UK has tightened up its COVID-19 travel restrictions, imposing the requirement of a negative test for the virus on all arrivals in addition to mandatory quarantines for those coming from states not on its “travel corridor” list.
Despite a general consensus that Latin America’s recovery from the COVID-19 pandemic will occur at a slower pace than other areas of the world, there’s no shortage of ambition among the region’s low-cost operators.
British LCC easyJet said it had signed a new $1.87 billion five-year term loan facility as it takes more steps to bolster its finances as it looks to ride out the ongoing COVID-19 crisis.
WestJet, citing a drop in bookings following Canada’s new COVID-19 pandemic testing protocols for international passengers, is cutting near-term capacity and staffing.
Business jet traffic over the Christmas holiday period was down 11% compared to a year ago, peaking at 12,000 daily flights on Dec. 23, according to WingX Advance data.
A recovery is expected to start this year but the French aerospace industry is still in the middle of its endeavor to save jobs and skills, showing solidarity and exploiting state aid programs.
Swiss International Air Lines (SWISS) is planning to fly 50% of its pre-COVID-19 traffic volumes in the summer season and hopes long-haul routes will play a crucial part in its recovery.
Norwegian Air Shuttle said it was operating nine aircraft after “positive” Christmas bookings, representing a small improvement in its activities from the six aircraft it had been operating in previous weeks.
Lessor BOC Aviation has reported a fairly stable year-on-year operational performance for 2020, while AerCap appeared to report a more significant drop in its full-year activity as COVID-19 took its toll.
Ground handling giant Swissport is consolidating its activities in Belgium, Denmark and the Netherlands, bringing them under the leadership of new CEO Thierry Miremont.
