Alexander de Junaic, CEO of IATA said in his weekly briefing this week that the Covid-19 pandemic is threatening some 4.8 million aviation jobs and more needs to be done.
The approval of a European Commission plan aimed at rationalizing inconsistent travel restrictions through a color-coded COVID-19 risk map marks a small step in the right direction for Europe’s airlines—but unfortunately, the beleaguered industry says, it doesn’t go far enough.
The European Union is cleared to apply almost $4 billion worth of punitive tariffs on imported goods from the U.S. after the World Trade Organization (WTO) on Oct. 13 revealed the final penalty amount stemming from illegal U.S. subsidies provided to Boeing in making large commercial aircraft.
Boeing’s meager total of 11 large aircraft deliveries included seven of its Boeing 787s, a bright spot in what continues to be a difficult stretch for the manufacturer.
Delta Air Lines will defer $5 billion in expected deliveries through 2022, after reaching an agreement with Airbus to delay the arrival of 77 new airliners.
Heathrow Airport Limited (HAL) is seeking to recover around £1.7 billion ($2.2 billion) in lost COVID-19 revenues through changes to its regulated charging structure, triggering a UK Civil Aviation Authority (CAA) call for industry feedback that will run until Nov. 5.
AirAsia X envisages operating a much smaller fleet of Airbus A330s in the long term following its planned resumption of flights with just a handful of aircraft early in 2021.
Breeze Airways, the U.S. startup from airline entrepreneur David Neeleman, secured a sale-leaseback agreement with lessor Voyager Aviation for five Airbus A220-300s.
