Air Transport

Small package specialist FedEx Express plans to shrink its European organization as it approaches the final step of integrating package carrier TNT.

Air France is looking toward a second quarter recovery, with hopes to be operating around 70% of pre-crisis capacity by the end of 2021, CEO Anne Rigail said.

KLM announced it must reduce workforce by another 800-1,000 jobs (on top of 5,000 shed in 2020) due to longer-than-expected long-haul traffic recovery

MEMPHIS INTL AIRPORT handled 4.6m tonnes cargo in 2020, up 6.7% vs 2019.

AIRBRIDGECARGO AIRLINES (Volga-Dnepr Group) converted the operating leases of two 747-8Fs (63695/63781) to finance leases with Voyager Avaition

FEDEX EXPRESS is expected to retire its MD-10 fleet by FY22; it currently operates 17.

SOUTHWEST AIRLINES took delivery of another 737 MAX-8 (61868) on lease from SMBC Aviation Capital.

DORIC acquired two aircraft engines under its SkyLux 225 SA securitization vehicle for leaseback to subsidiary of European engine manufacturer; Prime

CUSCO AVIATION, CA extended leases of six managed engines and APUs under COVID-19 lessee support arrangements: CF6-80C2; CFM56-7B22; CFM56-3C1

SKYSCANNER, UK has developed 'Unserved Routes' data module to assist airlines and airports identify profitable, unserved routes for recovery.

UNITED AIRLINES reported net losses of $1.9b in 4Q20 (vs $641m profit in 4Q19) on 68.7% lower revenues, and $7.1b in 2020 (vs $3b profit in 2019) on

GDRFA reports Dubai airports handled 17.9m pax in 2020 vs 88.5m in 2019.

IATA predicts 2020 and 2021 will be a little short of a disaster for European air transport; >7m jobs have been lost or are at imminent risk due to

Airbus plans to raise single-aisle production rates later in 2021, but the ramp-up will be slower than previously planned “in response to the market environment.”

Over a year since the first COVID-19 cases were reported, airlines devastated by the pandemic are starting to see light at the end of the tunnel now that the rollout of long-awaited vaccines has begun.

LOT Polish Airlines has reached an agreement with its trade unions to reduce its headcount by up to 300 to improve efficiencies as it seeks to honor the conditions of state aid.

Malaysia Airlines Group (MAG) is taking more important steps toward finalizing its restructuring plan and gaining approval from courts and creditors.

Norwegian startup Flyr has outlined a strategy to fly domestic and short-haul international routes using Boeing 737-800 aircraft.

Qatar Airways and Etihad Airways are poised to reinstate routes that have been suspended for more than three-and-a-half years.

KLM is reviewing its long-haul routes from the Netherlands and may suspend them from Jan. 22 following the introduction of tougher measures in the country designed to stop the spread of COVID-19.

This webinar took place January 21, 2021. Join Aviation Week Network for a 30-minute fireside chat with Brandon Fried, President and Executive

Norway’s government will provide a hybrid loan to Norwegian Air Shuttle providing private investors also back the LCC’s restructuring.

Seoul's Incheon International Airport (ICN) became Asia’s busiest international airport in 2020 in terms of passenger volume, dethroning Hong Kong (HKG).

Changes still to come for the Boeing 737 family as part of post-accident evaluations.

Transporting passengers between London City and London Heathrow Airports is one potential application of urban air mobility in the UK that will be studied by a consortium led by Eve, the spinoff from EmbraerX.