Airport chief discusses how the facility in Ecuador's capital is meeting its financial obligations to bond holders after shutting down for more than two months and seeing traffic drop by 87%.
Avianca CEO Anko van der Werff tells ATW correspondent Kurt Hofmann about a year like no other and explains the airline’s future plans as it looks to emerge from Chapter 11 bankruptcy protection.
North American passenger carriers were able to avoid the high-profile airline failures seen in other regions, but there is no clear indication when daily losses will cease.
The COVID-19 pandemic has caught the entire industry off guard. While air transport has faced numerous previous crises, the fact that subsequent recoveries occurred at different rates had led to complacency and ill-preparedness for an event of such magnitude.
Singapore's transport minister Ong Ye Kung tells Chen Chuanren, South East Asia & China Editor at Air Transport World, about how his country is helping to support the return of air travel.
As regulators and Boeing work to finalize 737 MAX pilot training and return-to-service requirements, several operators of the grounded model are growing more confident that they will have some of their newest Boeing narrowbodies carrying revenue passengers by early 2021 at the latest.
Commercial in-service or active fleet strengths have grown at 2.9% CAGR since 2015, but the impacts of the coronavirus pandemic created a precipitous drop that will linger into the future.
As the airline industry is looking into next year with high hopes for the recovery from its worst crisis to finally begin, many ask whether there will be structural change to the way airlines operate.