All Nippon Airways (ANA) predicts it will return to net profitability in its current fiscal year that began April 1, despite sinking to a substantial loss in the previous year as a result of the COVID-19 pandemic.
Heavily indebted Hainan Airlines sunk to a record CNY64 billion ($9.8 billion) net loss for 2020 as debt restructuring for its bankrupt parent company HNA Group drags on.
Spring Airlines is looking back at its roots and refocusing its network domestically as closed borders continue to hit the Chinese LCC’s overall revenue.
Planning an airline’s network in normal times is challenging enough but deciding what routes to fly during the pandemic has been fraught with difficulties for all carriers around the world.
British LCC easyJet is currently only operating 39 of the more than 300 aircraft in its all-Airbus A320 family fleet, but the carrier’s executives believe it is poised to quickly react to pent-up demand if and when the COVID-19 crisis retreats later in 2021.
Vistara is seeking approval to begin flying to destinations in the U.S. later this year as the Indian carrier continues to expand its international footprint.
Lufthansa subsidiaries Austrian Airlines, Swiss International Air Lines (SWISS) and Brussels Airlines reported substantial losses for 2021 first quarter (Q1), traditionally the lowest performing period of the aviation year.
Cargo feeder specialist Ameriflight is launching a parts-trading business and has plans to set up third-party maintenance services and launch a drone-delivery arm targeting urban areas, the company’s top executive revealed at Aviation Week’s MRO Americas April 28.
Scandinavian Airlines (SAS) has appointed Anko Van der Werff—who until April 28 was the head of Colombia-based Avianca Holdings—as its new CEO and president.
AerCap Holdings secured leases for 60 aircraft in the 2021 first quarter (Q1), including 28 twin-aisle aircraft, evidence of increasing demand and confidence from airlines.
Kenya Airways has signed an MOU with advanced air mobility (AAM) company Skyports to collaborate on launching permanent unmanned aerial vehicle (UAV) operations in the East African country.
Air Tanzania can expect financial support from Tanzania’s government after the flag-carrier recorded a loss of TZS60 billion ($26 million) during its fiscal 2019/20 period resulting in total losses over the past five years of TZS150 billion.
A strong rebound in demand from U.S. mainland markets is providing a major boost for Hawaiian Airlines, but for full recovery the airline still needs similar improvement in international and inter-island markets.
A U.S. court has approved lessor AeroCentury’s application for continued funding for its business operations and restructuring under Chapter 11 proceedings.
JetBlue Airways is moving full steam ahead in its strategic alliance with American Airlines and believes the tie-up will break up what it deems as monopolies in the northeast.
More than a year into the COVID-19 crisis and with airlines still under unprecedented pressure, the question of airport slots is proving the adage that you can’t please all the people all of the time.
American Airlines is on track to complete its long-running Boeing 737-800 cabin reconfiguration in the coming weeks, ensuring the entire fleet will be available to support the carrier’s growing summer schedule.
