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.
Russia’s largest airline group Aeroflot is to soon receive a massive cash injection from its major shareholder, the Russian government, through a rights issue.
Lufthansa Group said the collapse in demand for air travel following the outbreak of COVID-19 leaves it no choice but to start making redundancies in Germany and scrap 100 of its aircraft.
Vietnam Airlines will reportedly halve the pay of its pilots and cabin crew after the flag-carrier saw a 68% year-on-year (YOY) fall in revenue for the second quarter.
Sixteen Republican Senators signed on to a letter urging the chamber’s leadership to extend the CARES Act Payroll Support Program (PSP) until March 2021, signaling growing bipartisan consensus that more aid will be needed to avert mass layoffs this fall.
Upping the ante from the successful “airport boarding” experience in July, Taiwan’s four carriers all launched flights-to-nowhere in line with Father’s Day celebrations on Aug. 8.
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
