Last-minute meetings between Asiana’s owner and prospective purchaser Hyundai Development Corp. (HDC) will likely determine whether the acquisition deal will proceed.
As airlines around the world ramp up their flight schedules after the coronavirus shutdown, many believe the fast progress being made on developing and improving different types of COVID-19 tests may help restore passenger confidence and drive air travel demand.
A new carrier, named Greater Bay Airlines, has reportedly applied for an air operator’s certificate in Hong Kong, to become the territory’s fifth airline.
Delta Air Lines urged at least 3,000 more flight attendants to participate in voluntary leave programs to stave off furloughs this fall, as airlines look to rein in labor costs following the end of federal payroll support on Sept. 30.
Panama’s Copa Airlines plans a gradual restart of some commercial flights in August before ramping up its schedule in September, albeit at just a fraction of its 2019 operations.
Atlas Air management predicts the company will double its profits in 2020 from a year ago, driven by continued high demand for air cargo during the COVID-19 pandemic.
Etihad Airways sees a return to its New York service for the Airbus A380 when travel demand recovers, Etihad Airways VP-Americas Vincent Frascogna told Aviation Daily in an Aug. 7 interview.
Scandinavian Airlines (SAS) has reached an agreement with investors holding its bonds and hybrid notes meaning that work on a revised recapitalization can continue.
Brussels Airlines is increasing its range of short- and medium-haul fare options to align its offering more closely with the rest of the Lufthansa Group’s full-service carriers.
The CEO of Austrian Airlines said a comprehensive COVID-19 testing program for travelers coming from high risk countries is necessary, while a travel corridor between Europe and the U.S. would help revive the Lufthansa subsidiary’s vital transatlantic routes.
Korean Air has managed to buck industry trends by achieving a net profit for the second quarter, thanks mainly to a strong performance by the carrier’s cargo unit.
A survey from Gallup and Franklin Templeton of over 10,000 American recent flight passengers found 52% of respondents are not comfortable flying during the COVID-19 pandemic, suggesting that airlines’ efforts to persuade customers about the safety of flying have had limited success.
Ryanair will increase flights to more than 60% of its normal schedule throughout August following the “successful resumption” of services at the end of June.
Sentiment in the airline industry improved slightly, although the overlying mood remained downbeat, according to the latest IATA Airline Business Confidence Index.
Lessor Dubai Aerospace Enterprise (DAE) turned in a reduced net profit of $121.7 million for the first half (H1) of 2020, compared to $197.1 million for the year-ago period.
Delta Air Lines CEO Ed Bastian confirmed that 20% of the company’s workforce voluntarily departed the week of July 27, raising the odds that Delta will avoid mass furloughs of the proportions previewed recently by American Airlines and United Airlines.
Air New Zealand has begun operational use of required navigation performance (RNP AR) approaches with its ATR 72-600 fleet, the first time the technology has been employed on this aircraft type.
