Finnair has increased its cost-savings target by a further €40 million and is in talks with Airbus to defer delivery of its three remaining Airbus A350s on order.
U.S. carriers have retired hundreds of jets ahead of schedule due to the global slump in commercial air travel caused by the COVID-19 pandemic. But how are they utilizing those aircraft that remain, and which models have lost favor in their revamped fleets? A deep dive into Aviation Week Fleet Discovery data offers some clues.
Austrian Airlines will cut capacity for the coming winter schedule further to only 20% or less of 2019 levels as the rising number of COVID-19 cases in Europe is expected to dampen any new travel demand.
CEO Jude Bricker says the passenger airline’s flexible route network and cargo-handling deal with Amazon have enabled it to remain resilient during the COVID-19 pandemic.
UK LCC easyJet has raised $398.6 million from aircraft refinancing and secured union agreement to cut its Berlin-based fleet from 34 to 18 aircraft, with 418 job losses.
Frontier Airlines is well-placed for further expansion over the coming years fueled by ongoing low-cost point-to-point leisure demand in the U.S., according to CEO Barry Biffle.
Icelandair’s operations will continue to be “minimal,” after operating just 9% of flights in the 2020 third quarter (Q3), which caused net profits to fall 37.9% to $38.2 million.
JetBlue Airways executives sounded an upbeat tone about leisure demand trends headed into the winter holiday season, even as they announced a $393 million net loss for the 2020 third quarter (Q3).
Prior to the pandemic, the average stage-length time flown by a TAP Express Embraer E190-series aircraft was about 1.2 hrs.—a reasonable figure for a regional operator supporting larger domestic and international networks.
IATA has signed an agreement with the World Meteorological Organization (WMO) to increase and improve the automated reporting of meteorological data by commercial aircraft.
Airlines are going to take delivery of significantly less than half the aircraft they originally planned to receive in 2020, according to IATA estimates.
Cebu Air, the parent company for Philippines LCC Cebu Pacific, and Singapore Airlines Engineering Company (SIAEC) have terminated two joint ventures in the Philippines, buying out each other’s shares in the Aviation Partnership (Philippines) Corporation (APPC) and SIA Engineering Philippines Corporation (SIAEP).
All Nippon Airways (ANA) plans to create a new low-cost widebody unit and cut back its mainline fleet as part of a major overhaul of its strategy spurred by the COVID-19 crisis.
Two African carriers–Ethiopian Airlines and South African LCC FlySafair–have each added a pair of aircraft to their fleets, despite the ongoing COVID-19 downturn.
Airbus delivered the first U.S.-assembled A220 to Delta Air Lines, marking the onset of a new era of stateside aircraft production for the European OEM, as well as the first delivery of the larger A220-300 variant to a U.S. operator.
Scandinavian Airlines (SAS) has completed its critical recapitalization, increasing the Danish and Swedish government stakes in the airline to 21.8% each.
Slovak Boeing 737 wet-lease operator Go2Sky has reversed an earlier decision to cease operations and close the company, after reaching an agreement with its lessors.
