American Airlines announced a shakeup of its senior leadership ranks that will take place when current President Robert Isom replaces Doug Parker as CEO in March 2022.
UK long-haul carrier Virgin Atlantic has secured £400 million ($530 million) in fresh funding and has finalized a lease agreement on two Airbus A350-1000s with U.S. lessor Air Lease Corporation.
Qantas has reached a deal to purchase blended sustainable aviation fuel (SAF) to use in its flights from London Heathrow Airport through at least the end of 2022.
Ukraine International Airlines (UIA) is preparing its budget for 2022 by transforming from a network carrier into a hybrid airline model with a downsized fleet of 26 aircraft instead of 42.
The broader transpacific partnership is particularly crucial for Virgin Australia since it is no longer offering its own flights to the U.S after restructuring in 2020.
GOL believes that Brazil’s domestic market has nearly recovered to 2019 levels, and the airline is starting to see some encouraging signs in business travel trends.
Delta Air Lines doubled down on its strategy of investing in foreign carriers by committing $1.2 billion in fresh funding to partners Aeromexico, LATAM and Virgin Atlantic.
Air France-KLM Group has paid back €500 million ($566 million) of the €4 billion loan guarantees provided by the French government during the COVID-19 crisis and said discussions on further capital strengthening measures are taking place at the group level.
The air cargo industry is justifiably proud of what it has achieved since those first COVID-19 vaccines took to the skies last December, but operators know the challenge is far from over and the vaccine effort will continue in 2022 against the backdrop of many broader challenges for the industry.
The LCC’s prospects of restoring its international network have been boosted after the Vietnamese government approved plans for the resumption of commercial flights to “safe countries” starting from January.
Mesa Airlines said its profitability was hampered by inflationary pressures stemming from labor shortages and maintenance bottlenecks, the latest sign that rising costs and a dearth of trained staff are wreaking havoc on regional carriers.
With expectations that its cargo business revenue for 2021 will be double that of 2019, Azul Linhas Aereas believes there is no shortage of opportunity to grow in the sector.
American Airlines said it will reduce its international flying in summer 2022 as a result of continuing Boeing 787 delivery delays, according to an internal memo viewed by Aviation Daily.
Twenty Airbus A350s have been grounded by the Qatar Civil Aviation Authority, turning one of the manufacturer’s most important customers, Qatar Airways, into a very unhappy one for the time being.
