China’s three state carriers reported a combined CNY26.1 billion ($3.8 billion) net loss for the first six months (H1) of 2020, even as the Chinese commercial aviation industry worked its way back toward normal capacity in the second quarter.
The Colombian government has agreed to loan Avianca Holdings up to $370 million as part of a restructuring designed to get the airline back on solid financial footing.
Ethiopian Airlines has announced the opening of a new terminal at its home hub Addis Ababa Bole International Airport—which has been designed to incorporate COVID-19 mitigation measures.
Norwegian Air Shuttle said a government loan guarantee was “not enough” to get it through the prolonged COVID-19 crisis and warned of a significant risk of insolvency.
Croatia Airlines has requested financial assistance from its owner the Croatian government after the flag-carrier’s liquidity became strained because of COVID-19.
Colombia appears poised to restart commercial aviation operations after shutting down the sector for roughly six months to combat the spread of COVID-19.
Scandinavian Airlines (SAS) continues to increase flight frequencies and add back more routes starting from September to destinations within Scandinavia as well as in Europe and some long-haul points as demand increases.
The resurgence of coronavirus cases in Japan is causing major airlines to further scale back their domestic capacity plans as demand softens significantly.
The Thai government is providing THB24 billion ($766 million) in loans for seven LCCs that operate in the country to save jobs amid flight bans and low passenger demand following the coronavirus outbreak.
United Airlines announced plans to furlough up to 2,850 pilots this fall, more than previously expected, unless Congress can agree to extend the Payroll Support Program (PSP) before funding runs out on Oct. 1.
Emirates Airline has reached an internal decision on modifying its current order with Boeing, but is not yet ready to announce the result, the airline confirmed Aug. 27.
An Etihad Airways Boeing 787-10 has begun a series of test flights as part of the OEM’s ecoDemonstrator program aimed at reducing CO2 emissions and noise.
Allegiant Air will add seven new seasonal routes this winter, in an attempt to capitalize on modest demand to outdoor leisure destinations amid the COVID-19 pandemic.
A new cargo airline to be based in Xian, China has completed preparations for operations and has applied for an air operator certificate (AOC), the Civil Aviation Administration of China (CAAC) said.
Air New Zealand reported its first annual loss in 18 years, attributable to the COVID-19 pandemic, and the carrier expects another loss for fiscal 2021, which began July 1.
Smartwings Group, which includes LCC Smartwings and flag-carrier Czech Airlines (CSA), filed a request to a Prague court to declare an extraordinary moratorium under the so-called Lex COVID legislation on Aug. 26.
Fares for domestic U.S. air travel hit their lowest level since April in July, caused by a resurgence in COVID-19 that plateaued demand at around 25-30% of 2019’s level, a report from Bloomberg Intelligence shows.
Allegiant Air will continue to serve Owensboro, Kentucky, but is waiting on a U.S. Transportation Department (DOT) response to its request to change service in 10 other markets.
Ryanair plans to boost its operations between the UK and Portugal, following the British government’s addition of the popular vacation destination to its “travel corridors” safe list.
AirBaltic has posted a €184.8 million ($218 million) first-half (H1) net loss, nearly seven times deeper than the net loss the Latvian carrier recorded for the same period in 2019.
