Executives at American Airlines are confident that moves made last year to streamline the carrier’s fleet and headcount will reap big gains once demand picks up, although the timing of a recovery remains uncertain.
US Travel Association president and CEO Roger Dow has called on the US travel industry to “not simply recover” from the devastating $500 billion pandemic-related losses in 2020, but to “rebuild the industry” into one that will be “even better than it was before the crisis—one that’s more globally competitive, more innovative, more unified.”
IndiGo increased its fleet by five aircraft in the last three months of 2020 and is now aiming to scale up capacity to 75-80% of 2020’s flying during the current quarter.
Thai Airways will submit its proposed rehabilitation plan to Thailand’s central bankruptcy court on March 2 after the flag-carrier’s request to postpone the submission was approved again.
Airbus risk-management subsidiary Skytra has made it possible for airlines to hedge revenue for the first time, by gathering data covering 83% of daily worldwide ticket sales. Skytra co-founders Elise Weber and Matthew Tringham discuss how this came about and what it means for airlines.
Ethiopian Airlines and CemAir have started implementing an interline agreement which allows passengers enjoy seamless travel with a single ticket and lower cost between points within the carriers’ networks.
The International Air Transport Association (IATA) called on governments to partner with the air transport industry to devise plans to safely re-link people, business and economies when the COVID-19 epidemiological situation permits.
Air Peace, Nigeria and West Africa’s largest airline, took delivery of their first E195-E2 aircraft yesterday. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air Peace fleet in Nigeria.
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
Background provided by EASA on its formal Boeing 737 MAX return-to-service (RTS) approval sheds light on future changes on tap for the narrowbody family.
