The privatization of Air India is still expected to occur this year despite delays caused by the coronavirus pandemic, according to a senior government minister.
El Al Israel Airlines is strategizing on how to deal with both the consequences of the COVID-19 crisis and changing market conditions in a post-pandemic environment.
IATA is criticizing EASA’s Safety Directive banning European aircraft from entering Belarusian airspace, following the May 23 forced landing of a Ryanair flight in Minsk.
United Airlines believes dynamics in the post-pandemic domestic market will be different for LCCs looking to capitalize on the shrinking of larger network airlines.
Plans for Ecuadorian startup Ecuatoriana Airlines were finalized in late 2019, before the COVID-19 pandemic upended the aerospace industry, and prior to the demise of the country’s former flag carrier Tame.
American Airlines said it turned cash-positive in May for the first time in a year, and expects the momentum to continue through the summer, driven by strong demand for leisure travel.
The United deal, which also covers options for 35 additional aircraft, envisages introduction of the first civil supersonic services on trans-Atlantic and Pacific routes by 2029.
“It would be more efficient to have only one type of aircraft,” COO Francesco Sciortino said. “We also need a long-term perspective for a replacement for the Boeing 767.”
The Hungary-based carrier said it was “cautiously optimistic” about the recovery of the business, which the airline said started later than hoped because of COVID-19 restrictions remaining in place longer than expected.
AirAsia X has gained shareholder approval for its restructuring plan, representing a significant step in the company’s attempt to cut its liabilities and attract more funding.