The air transport industry’s recovery remains uneven region to region and there are concerns about the general economy and a global recession, but airline leaders seem confident in a return to pre-pandemic levels of growth.
Labor shortages have forced Amsterdam Schiphol and London Gatwick to set capacity limits, while Brussels Airlines canceled almost all flights from its home base on June 20 in the face of eight-hour security wait times.
Shell Aviation has partnered with Accenture and American Express Global Business Travel to create a blockchain-powered system that would let corporate travel buyers to participate in the funding of sustainable aviation fuel (SAF) and gain credit.
UK LCC easyJet has emerged as the front-runner for 18 additional daily slot pairs at Lisbon Airport, which TAP Air Portugal is required to give up as a competition remedy for its €2.55 billion ($2.68 billion) restructuring.
IATA believes overall industry profitability is within reach for 2023 based on a strong recovery of demand in recent months now that travel restrictions have been eased in many countries.
Japan Airlines is beginning to consider its options for an order to replace its long-serving Boeing 767s while also preparing to continue the replacement process for its 777 fleet.
Facing a shortage of talent and resources as a result of the pandemic, Royal Brunei Airlines (RBA) is looking to further optimize its fleet into a leaner airline.
IATA is stressing Latin America governments must bolster infrastructure for sustainable aviation fuel (SAF) to support the growing use of alternative fuels.
Hawaiian Airlines is considering leasing more aircraft to accommodate projected demand growth, as the carrier faces the prospect of further delays for its Boeing 787 deliveries.
Qantas and Airbus have jointly committed to invest in the Australian sustainable aviation fuel (SAF) industry, with the airline hoping to use locally produced fuel to help meet its long-term SAF targets.