A combination of employment-preservation measures has allowed TAP Air Portugal to radically reduce the number of redundancies it initially planned to make as a result of the pandemic.
Domestic travel restrictions are likely to remain in place in Malaysia into the 2021 fourth quarter (Q4), causing a major setback for Malaysia Airlines’ recovery timetable.
Rossiya hopes to deploy the narrowbody in summer 2022 after receiving assurances from airframer Irkut regarding the delivery schedule for the aircraft.
Spirit Airlines is working to add leased aircraft to fill some gaps in its Airbus orderbook during the next couple of years in order to reach annual growth targets in the mid-teens range.
Delta projects that its domestic corporate travel business volume will be about 60% of comparable 2019 figures by September, accelerating from 20% in March.
Sharjah-based Air Arabia and the Armenian National Interests Fund (ANIF) signed an agreement July 14 to create an independent joint venture airline that will operate as an LCC.
The European Commission has laid out sweeping new sustainability legislation for aviation that includes tighter rules for its emissions trading scheme (EU-ETS), quotas for sustainable aviation fuel (SAF) and a fuel tax for intra-European flights.
There could be an opportunity for AirAsia’s Indonesian unit to improve its market position when travel restrictions ease in Indonesia, according to AirAsia Group CEO Tony Fernandes.
KLM has declared that its network to the Caribbean and South America has regained its old strength now that the carrier is serving 17 destinations this summer.
When it comes to crossover narrowbody jets, the number of lessors which have ordered from either the Embraer E-Jets E2 family or the Airbus A220 pairing is considerably fewer than those with Airbus A320neos or Boeing 737 MAXs in their portfolios.
American Airlines is projecting total 2021 second quarter (Q2) revenue to be down 37.5% compared to 2019’s comparable period, an improvement from its previous estimate of down 40%, the company said July 13.
In a further sign of the growing strength of the market for converted narrowbody cargo capacity, lessor BBAM Aircraft Leasing & Management has signed up for a further 12 Boeing 737-800BCF freighters.
Swiss International Air Lines (SWISS) has become the latest carrier to fly with sustainable aviation fuel (SAF), after teaming up with supplier Neste and setting up a logistics chain to import the fuel to Switzerland.
The bulk of the proceeds from offering have been earmarked for working capital as AirAsia Group is still feeling the effects of the COVID-19 crisis with its AOCs in Indonesia and Thailand grounded again.
On July 14 the EU is set to unveil new legislation covering emissions trading, renewables targets and CO2 limits, all of which are likely to have a big impact on the aviation industry.
Porter Airlines plans to add at least 30 Embraer E195-E2s to support a major expansion that would see it serve both business and leisure destinations throughout North America starting next year.