China’s first private regional airline China Express Airlines doubled its full-year net profit in 2019, citing strong demand for domestic travel between third- and fourth-tier cities.
Prospects for the survival of South African regional carrier SA Express appear less likely after officials charged with resurrecting the cash-strapped airline applied for it to be put into liquidation.
IATA has appointed Sebastian Mikosz as SVP for member and external relations at a time when the organization is striving to support airlines and restore confidence so that aviation can restart.
Airbus will not decide on further changes to its production rates before June and any potential adaptations will be “on a smaller scale” than previous cuts, Airbus CEO Guillaume Faury said April 29.
Southwest Airlines executives see signs that travel demand may have bottomed out, but are bracing for a slow, bumpy recovery that will require substantial flexibility in everything from short-term flight schedules to the U.S. domestic giant’s long-term fleet strategy.
The company behind the airport serving Lugano, Switzerland has opted to put itself into liquidation after the COVID-19 pandemic destroyed air traffic at the location.
For all those who believe that things come in threes, there now is the third failed mergers and acquisition (M&A) deal attributable to COVID-19 in April alone.
All Nippon Airways (ANA) is considering deferring aircraft orders in response to the COVID-19 crisis while strengthening its liquidity with new lines of credit.
Delta Air Lines petitioned the U.S. Transportation Department (DOT) for a waiver to suspend service to nine non-hub airports, arguing that further network consolidation is critical to protecting the health of airport workers amid the COVID-19 pandemic.
