Despite a better performance than many airlines worldwide, Volaris is joining most operators in bracing for a tough first quarter (Q1) as conditions become more challenging.
Chorus Aviation’s leasing arm has rent relief agreements in place with “substantially all” of its customers and reports that collections in the fourth quarter improved slightly over the previous three months.
A portfolio of 12 Boeing 737-8s and two Trent 1000-powered 787-9s, previously operated by Norwegian Air Shuttle, are being remarketed following the LCC’s financial difficulties and decision to scale back its operations.
Norwegian start-up LCC Flyr, a project backed by industry veteran Erik Braathen, has raised NOK600 million ($70.7 million) through a private placement and will list on the Oslo Stock Exchange in March.
In March, Korean Air plans to reveal more details about how it will integrate Asiana Airlines after their merger and how the airline will combine its expanded stable of LCCs.
Gulf LCC flydubai is preparing for the return to service of its Boeing 737 MAX fleet after the UAE’s General Civil Aviation Authority (GCAA) gave the go-ahead for the type to operate once again.
American Airlines and JetBlue Airways are launching the first phase of their partnership with the start of 33 new routes and codeshares on nearly 80 more from New York and Boston.
The Association of Asia Pacific Airlines (AAPA) is taking a three-pronged approach to the recovery of the air transport industry: widespread vaccination in both developed and developing countries, new border protocols that utilize the latest technology and keeping sight of sustainability.
Aeromexico saw some encouraging signs in Mexico’s domestic market at the end of 2020, but similar to most countries worldwide, Mexico’s recovery appears to be choppy.
Conditions remain challenging in the first quarter of 2021, in which the group expects to operate 40% of pre-pandemic capacity as ongoing COVID-19 lockdowns and travel restrictions stifle flying
Groupe ADP, the operator of Charles de Gaulle (CDG) and Orly (ORY) airports, said pre-pandemic levels of traffic at its Paris airports are not expected to return until 2024-27.
Asiana Airlines managed to achieve a net profit in the fourth quarter largely thanks to its cargo operation which narrowed its full-year loss amid the pandemic.