Despite COVID-19 taking its toll on air travel in Taiwan, investors from the country’s Kinmen Islands are hoping to raise TWD5 billion ($167 million) to set up a new international airline based there by October.
BEIJING—China is financially backing cargo-haulage by passenger aircraft, adding to measures to support air freight operations during the coronavirus pandemic.
Ukraine International Airlines (UIA) expects to restart passenger operations June 15, assuming anticipated relaxations on entry and exit restrictions for both Ukrainian and foreign nationals by that date, the flag-carrier said May 28.
One of the unions representing British Airways (BA) staff has accused the flag-carrier of seeking to effectively terminate all of its personnel’s contracts and rehire them on lower salaries.
As the airline industry reshapes itself in response to the novel coronavirus pandemic, carriers will need less-restrictive fare options to help convince passengers that they can buy and have some recourse if they cannot fly because of illnesses, JetBlue CEO Robin Hayes said.
LCC Norwegian Air Shuttle (NAS) may require a further injection of funds before the end of the year, Bernstein Research believes, after the carrier posted its 2020 first quarter (Q1) results.
Wizz Air is continuing to expand its European network despite its own CEO saying the next six to 12 months will be very challenging for the industry and the LCC itself losing tens of millions of euros every month.
Paris’s second airport Orly is moving toward a late June reopening for commercial flights as its biggest airline, Air France, readies a plan to reduce domestic flights.
The bankruptcy administrator overseeing the Virgin Australia sale is preparing to narrow the bidders to a final shortlist of two candidates, with the winner set to be selected by the end of June.
As airlines and airports around the world respond to the challenges created by the COVID-19 pandemic, Routes looks at the current state of the global aviation market.
