UK LCC easyJet has raised further liquidity by selling over 300 London Stansted (STN) slots to Irish rival Ryanair and refinancing another 10 Airbus A320s, after posting its first ever full-year loss—totaling over £1 billion ($1.3 billion).
Boosted in the short term by the impacts of the COVID-19 pandemic, Boeing forecasts the air cargo market is set for solid growth over the next 20 years—driven by a surge in e-commerce traffic, a steady increase in air freight demand and an underlying drive towards lower cost, more sustainable aircraft.
Lufthansa, Austrian Airlines and SWISS International Air Lines (SWISS) will introduce a buy-on-board catering system on all short- and medium-haul flights starting in spring 2021.
Closed borders and quarantine requirements abroad have left Chinese vacationers little choice but to travel within the country, boosting domestic traffic in October beyond 2019 levels.
The International Air Transport Association (IATA) has released guidance to ensure that the air cargo industry is ready to support the large-scale handling, transport and distribution of a COVID-19 vaccine.
Former Angolan Air Force fighter pilot, Rui Carreira, became CEO of TAAG Angola in autumn 2018. No stranger to fast-paced mission-critical decisions, he is now reformulating the 80-year-old airline’s strategy as it battles against Covid-19.
Airlines that have taken delivery of COMAC ARJ21s have grown to seven from two in only 16 months, with China Express Airlines the latest to receive the type.
The head of one of Africa's most vibrant airlines says the continent has been especially hard hit by COVID-19 and also discusses conditions for resuming 737 MAX service.
The airline industry and its main aircraft suppliers will be in survival mode at least through the upcoming winter season and until a broadly distributed COVID-19 vaccine allows public life worldwide to return to normal.
For the air transport industry, news of vaccine progress provides a glimmer of hope that the air travel recovery might come within the more optimistic forecasts.