Vietnam’s Pacific Airlines has unveiled its livery and branding, transitioning from its former guise Jetstar Pacific after Qantas announced its exit from the joint venture in mid-June.
EasyJet expects to fly around 40% of planned capacity in its fiscal fourth quarter (Q4), based on current travel restrictions—up from the 30% previously announced after better-than-expected summer bookings.
Alaska Airlines and Spirit Airlines became the latest U.S. carriers to warn thousands of employees about potential furloughs this fall, as airlines scramble to slash labor costs in anticipation of the Oct. 1 expiration of federal payroll support.
Japan Airlines (JAL) plans a significant cost-cutting campaign to offset the effects of the COVID-19 crisis, and the carrier has signaled this will include aircraft delivery deferrals.
Compared to the $84 billion airlines globally are projected by IATA to lose in 2020, Vietjet said its losses were “modest” as it awaits a potential aid package from the state.
British Airways (BA) pilots have reluctantly accepted a new pay and conditions deal that will mitigate job losses at the cost of cuts to their salaries.
United Airlines plans to operate 37% of its September schedule compared to 2019, resuming service on 30 international routes as well as adding service between the U.S. mainland and Hawaii, the carrier said July 31.
U.S. ULCCs capitalized on a modest rebound in domestic air travel demand during the 2020 second quarter (Q2), but sentiment has soured as top leisure destinations became COVID-19 hotspots in recent weeks.
Ireland-based lessor CDB Aviation has initiated delivery of three Airbus A320neos to new customer Frontier Airlines as part of a sale-and-leaseback transaction.
International Airlines Group (IAG) has confirmed plans for a capital increase of up to €2.75 billion ($3.2 billion) to bolster its cash reserves, as it announced a net loss of €3.8 billion for the first half of 2020.
Extensive home-country travel restrictions on top of downward pressure on air travel demand worldwide continues to constrict Air Canada, leaving the airline focusing on cargo revenues while it waits out the COVID-19 pandemic.
The European Business Aviation Association (EBAA) has reported growing demand from passengers who would ordinarily use airlines but are not willing to anymore because of the pandemic.
Hawaiian Airlines has told unions it may have to furlough more than 2,000 employees as the carrier looks to realign the size of its workforce with the new operating environment.
Dutch airline KLM said it would cut 4,500-5,000 jobs as it embarks on a post-COVID-19 road to recovery that is set to be “long and fraught with uncertainty.”
Thailand’s Nok Air has become the latest airline to seek a restructuring through the courts after succumbing to the financial pressures caused by the COVID-19 pandemic.
Air France-KLM, pledging to step up its restructuring plans as it unveiled a massive quarterly loss caused by the COVID-19 crisis, said it expects capacity to remain at least 20% below 2019 levels in 2021, with a recovery to pre-crisis capacity by 2024.
A senior United Airlines executive said up to a third of the company’s pilots may be furloughed this fall, as carriers increasingly warn of the need to cut labor costs following the expiration of federal payroll support on Sept. 30.
Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.
