Cebu Pacific is preparing to seek approval for its plan to raise additional equity, as the carrier fell to a substantial loss for the 2020 third quarter.
Air Canada is joining many commercial airlines worldwide to blunt dismal revenue performance by strengthening cargo operations, and now the airline is seeking approval from its pilots to convert a number of 767s to a permanent, all cargo configuration.
Although Garuda Indonesia slumped to a substantial loss in the 2020 third quarter (Q3), its financial performance showed signs of improvement compared to the previous quarter.
Norwegian Air Shuttle plans to further cut capacity, leaving only six aircraft from its 140-strong fleet in operation, citing travel restrictions and Norway’s decision not to provide any more financial aid to the low-cost long-haul carrier.
After some signs of a passenger recovery in July and August, demand again slipped in September as Taiwan’s China Airlines (CAL) and EVA Airways both posted third quarter (Q3) losses despite marginal operating profits.
In 2019, the business and commercial aviation sectors were promoting career pathway programs as a hedge against the yawning gap in pilot supply and demand expected in the coming decades.
The Canadian government will begin discussions with major airlines on a financial assistance package to help them weather the COVID-19 pandemic, Transport Minister Marc Garneau announced Nov. 8.
United Airlines and JetBlue are adding flights to accommodate promising demand during the upcoming Thanksgiving holiday, even as COVID-19 cases in the U.S. continue to rapidly climb.
Southwest Airlines issued furlough warnings for the first time in its nearly 50-year history, after negotiations between management and the union representing its materials specialists broke down late last week.
Air Canada has followed through on previous warnings that orders for Airbus and Boeing narrowbodies were in jeopardy because of Canada’s stringent travel restrictions and lack of financial support.
SWISS International Air Lines (SWISS) and the company’s cabin crew union have provisionally agreed on measures to cut costs and staff numbers in light of the COVID-19 pandemic.
Etihad Airways has announced significant senior leadership changes, formally repositioning itself as a mid-sized airline and moving away from its previous “super-connector” role through its Abu Dhabi hub.
Singapore Airlines (SIA) is weighing its option to raise another S$6.2 billion ($4.6 billion) in mandatory convertible bonds (MCB) as it burns through S$300 million in cash monthly amid slower than expected recovery.
Alaska Airlines CEO Brad Tilden will retire in March 2021, with current Alaska president Ben Minicucci selected to succeed him as chief executive, the company announced Nov. 9.
Russian LCC Pobeda no longer plans to take delivery of 30 Boeing 737 MAX narrowbodies for which it had signed a letter of intent, according to the airline’s CEO Andrey Kalmykov.
Guangzhou Baiyun International has become the busiest airport in China this year, as COVID-19 outbreaks and the opening of a new Beijing airport have pushed Beijing Capital International down to sixth place.
Airlines in Brazil continue to recover from the COVID-19 crisis at a faster clip than operators in other regions, but a rational supply-demand balance in ensuing as traffic remains far below pre-pandemic levels.
