American Airlines announced plans to mortgage its frequent-flier program to pay off a $7.5 billion government loan accepted in 2020 as part of the CARES Act.
Canadian airlines have been in limbo for a year as stringent travel restrictions and a lack of government aid have hindered what little recovery there could have been in market demand.
Administrators acting for defunct UK regional carrier Flybe are continuing to finalize the sale of the business to Cyrus Capital Partners affiliate Thyme Opco Limited.
Singapore Airlines will become the first airline to trial the IATA Travel Pass mobile application in a pilot program involving passengers traveling one-way from Singapore (SIN) to London (LHR) from March 15-28.
Eurowings hopes to strengthen its position at Berlin Brandenburg (BER) with the launch of a new base and plans to enter the British leisure market for the first time in response to what the carrier describes as “holiday fever” in the UK.
Recent commentary from U.S. airline executives suggests a travel demand rebound in spring 2021, as COVID-19 case counts, deaths and vaccinations continue to trend in a positive direction.
Lufthansa Cargo (LHC) said that it is prepared for the next downturn in the air cargo business when it happens after the company presented the best results in its 26-year history following an unprecedented year.
Philippine carrier Cebu Pacific has signed a PHP16 billion ($329 million) 10-year loan facility with six domestic banks, just weeks after raising PHP12.5 billion through a rights issue that was finalized in February.
Delta Air Lines said it will budget more than $30 million to offset 13 million metric tons of carbon dioxide (CO2) emitted in the last 10 months of 2020.
Despite some near-term uncertainty created by a second wave of COVID-19 infections in Brazil, Azul is maintaining a positive outlook, particularly as vaccinations become more widespread in the country.
The COVID-19 crisis hit Etihad Airways just as the Abu Dhabi-based carrier was starting to see the fruits of a transformation program that began in 2017.
Ryanair hopes to fly up to 70% of 2019 passenger numbers this summer if governments exempt from quarantine travelers who have received a COVID-19 test or vaccine.
Lufthansa subsidiaries Austrian Airlines and Swiss International Air Lines (SWISS) have reported substantial losses for 2020 and further fleet reductions at both carriers are possible.
The Oceania region continues to have strong underlying demand factors that will help drive the rebound in traffic and aircraft deliveries in the post-pandemic period, according to Boeing’s latest forecasts.
Talks with the European Commission on plans for a second Air France bailout will last as long as is necessary to reach a fair agreement, French transport minister Jean-Baptiste Djebbari said March 4.
Lufthansa Group plans to phase out eight long-haul aircraft types over the next few years and sees no prospect of returning the Airbus A380 or A340-600 back to service.
The European Court of Auditors (ECA) has launched an audit to examine whether air passenger rights have been safeguarded effectively during the COVID-19 crisis.
