The Singapore Airlines (SIA) group reported a net loss of S$141.8 million for its fiscal 2020 third quarter (Q3), despite a 45% quarter-on-quarter improvement in passenger traffic.
China Eastern Airlines will issue 2.5 billion privates shares to its parent China Eastern Air Holdings, in a bid to raise CNY10.8 billion ($1.67 billion) and improve the company’s financial stability.
UK air navigation service provider (ANSP) NATS is planning to scale back the use of the transatlantic Organized Track Structure (OTS) as new technology enables aircraft to take their own more fuel-efficient route across the ocean.
Panama-based Copa Airlines will become the first carrier in the Americas to trial the IATA Travel Pass mobile health app, designed to facilitate air transport amid the pandemic.
Korean Air has managed to achieve an operating profit in 2020 despite the disruption of the COVID-19 crisis, and the South Korean carrier also succeeded in more than halving its annual net loss.
Allegiant Air continues to buck trends during the COVID-19 pandemic, with plans to slightly grow its Q1 capacity on 2019 levels while larger operators in the U.S. plan significant cuts through March.
Shortly after accepting a sizeable loan from Canada’s government, leisure carrier Sunwing Airlines has taken delivery of two new Boeing 737-8s from Air Lease Corporation (ALC).
Less than two full months remain until the U.S. Payroll Support Program (PSP) runs dry. And once again, airlines are warning staff of coming furloughs.
Emirates Airline passengers using the carrier’s Dubai International (DXB) hub will increasingly not need to physically interact with airline staff as they arrive for flights.
Qantas CEO Alan Joyce is hoping to revisit ultra-long-haul operation “Project Sunrise” later in 2021, for a possible launch from 2024, which could coincide with the Australian carrier’s Airbus A380s emerging from storage.
AerCap president and chief commercial officer Philip Scruggs is retiring from the lessor after 26 years of service, with Peter Anderson taking on the role of chief commercial officer.
The European Commission (EC) is reportedly studying the French state’s recapitalization plan for Air France and wants the airline to relinquish slots at Paris Orly airport to ensure it meets European competition regulations.
Several elements of Dubai’s aviation infrastructure have combined to speed up the distribution via the Gulf emirate of COVID-19 vaccines—particularly to poorer countries.
Several Star Alliance airlines have reduced their February capacity further after stricter travel restrictions designed to stem the spread of COVID-19 made air travel nearly impossible.
Greek charter carrier Lumiwings is planning to branch out into scheduled operations, offering flights from Forli in northern Italy to destinations across the Czech Republic, Poland, Romania and Ukraine.
Virgin Australia has pushed back its target for resuming short-haul international flights as prospects for a two-way travel bubble with New Zealand appear to be fading.
Impacted by the COVID-19 pandemic, significant flight restrictions and the suspension of international flights, Aeroflot Group carried 30.2 million passengers in 2020, down 50.3% year-over-year.
