CEO Jude Bricker says the passenger airline’s flexible route network and cargo-handling deal with Amazon have enabled it to remain resilient during the COVID-19 pandemic.
In an effort to facilitate the integration of unmanned aviation into everyday life, the Civil Aviation Administration of China has approved an initial batch of test sites in 13 cities across the country.
UK LCC easyJet has raised $398.6 million from aircraft refinancing and secured union agreement to cut its Berlin-based fleet from 34 to 18 aircraft, with 418 job losses.
Frontier Airlines is well-placed for further expansion over the coming years fueled by ongoing low-cost point-to-point leisure demand in the U.S., according to CEO Barry Biffle.
Icelandair’s operations will continue to be “minimal,” after operating just 9% of flights in the 2020 third quarter (Q3), which caused net profits to fall 37.9% to $38.2 million.
The shared need between heavy maintenance providers and their customers to survive the pandemic-driven downturn could foster more long-term agreements that give both sides the certainty they crave, industry executives say.
JetBlue Airways executives sounded an upbeat tone about leisure demand trends headed into the winter holiday season, even as they announced a $393 million net loss for the 2020 third quarter (Q3).