Norwegian Air Shuttle said it would focus on operations in Europe and drop long-haul flying as it moves forward with a restructuring process the airline hopes will attract new investment and allow continued operations.
Boeing handed over 24 737 MAXs from its stored inventory in December 2020 but lost customers for nearly as many already-built aircraft, an Aviation Week analysis shows.
Although Allegiant Air’s preference is to continue owning the majority of its aircraft, changing market conditions have resulted in the Las Vegas-based ULCC considering forging a small number of deals for operating leases.
A 2018 cyber-attack on British Airways (BA) that led to the data of some 400,000 passengers being leaked is the subject of what has been described as the largest class action in UK legal history.
The Scottish regional carrier plans to use a new contract to provide air services for one of the UK’s most remote island groups as the setting for the introduction of sustainably powered aircraft.
French airlines have criticized a decision to allow Paris airports operator Groupe ADP to increase charges for 2021, saying it fails to take into account of the “catastrophic” situation the country’s air transport industry finds itself in.
American Airlines and JetBlue Airways said they have reached an agreement with the U.S. Transportation Department (DOT) that will allow them to move forward with their northeast U.S.-focused partnership.
Private equity funders on Jan. 12 unveiled San Francisco-based Vmo Aircraft Leasing, a newly-formed company to acquire and lease commercial aircraft worldwide, along with a $500 million endowment.
IATA has joined other industry organizations in raising concerns over new travel restrictions issued by Latin American governments as new variants of the coronavirus emerge and continue to spread.
Airbus subsidiary Skytra has secured UK finance regulator approval for a data tool which will allow airlines to hedge revenue for the first time, in the same way they do for fuel and currency.
IATA believes the situation for airlines will become worse before it becomes better, as international travel restrictions persist and vaccine roll-out is only just beginning.
Despite the onset of the COVID-19 pandemic, China ended 2020 with 420 million passenger movements, making it the world’s second-largest aviation market for the fifteenth consecutive year.
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400s will end operations by March 31.
Japan’s two major carriers are significantly cutting back their domestic schedule plans for January following a new spike in COVID-19 cases in the country.
The UK has tightened up its COVID-19 travel restrictions, imposing the requirement of a negative test for the virus on all arrivals in addition to mandatory quarantines for those coming from states not on its “travel corridor” list.
