Austrian Airlines has cut its capacity for the coming winter schedule to just 30% of 2019 levels as COVID-19 cases in Europe rise while the Lufthansa subsidiary’s liquidity contracts.
German leisure carrier Condor is preparing to exit “protective shield proceedings” in November, following the liquidation of its former parent company Thomas Cook Group in September 2019.
The world’s airlines stand to burn through $77 billion in the second half of 2020 and are not expected to become cash positive until 2022, IATA said Oct. 6 in a grim update on the financial outlook for the industry.
Two UK regional airlines have signed a codeshare agreement, taking another step to fill some of the gaping holes in the country’s domestic connectivity left by the collapse of Flybe in March.
Southwest Airlines will seek a round of pay cuts from its labor unions as part of a push to reduce costs enough to avoid involuntary furloughs through the end of 2021.
Boeing’s updated commercial forecast sees customers taking 11% fewer new deliveries in the next decade than it projected a year ago as the industry slowly emerges from the demand crisis created by the novel coronavirus pandemic.
South African Airways Technical (SAAT) has agreed to resume maintenance work for South African Airways (SAA) and its LCC operation Mango Airlines after suspending services because of non-payment.
KLM is looking for further voluntary redundancies after submitting a restructuring plan to the Dutch government, which was one of the requirements to access €3.4 billion ($4 billion) in state-backed loans and guarantees.
Avianca Holdings received approval from a U.S. federal court to tap over $2 billion in debtor-in-possession (DIP) financing, marking the latest step in its attempted restructuring after seeking Chapter 11 bankruptcy protection in New York on May 10.
United Airlines will begin flying nonstop to mainland China from Oct. 21 for the first time since late February when the COVID-19 crisis began to escalate worldwide.
Alaska Airlines will speed up retirement of 10 Airbus A320 airliners, marking the latest in a series of moves that appear likely to reduce its reliance on Airbus for years to come.
European air traffic has fallen again, dropping to 44.8% of 2019 levels in the week to Oct. 4, Eurocontrol data showed, as travel restrictions and uncertainty over rising COVID-19 infection rates in many countries continue to hold back demand.
AirAsia Japan confirmed that it has ceased operation as of Oct. 5 after the COVID-19 crisis compounded the carrier’s challenges in the competitive Japanese LCC market.
U.S. airlines are continuing to push Congress to approve additional federal payroll support, even after initiating a mass round of furloughs that swept up tens of thousands of workers on Oct. 1.
Qatar Airways said it will boost its presence in Africa with the resumption of service to Cape Town, Durban and Johannesburg, South Africa. By the end of 2020, the carrier plans to rebuild its network to 124 destinations worldwide.
Breeze Airways now plans to lease Embraer E-Jets from sister operator Azul after previously explaining to the U.S. Transportation Department (DOT) it was sourcing aircraft elsewhere.
Malaysia Airlines Berhad (MAB) is hoping its owner, sovereign wealth fund Khazanah Nasional, will bail it out as the flag-carrier will otherwise run out of cash to pay lessors and suppliers after November, according to a Reuters report.
The Association of Asia Pacific Airlines (AAPA) has decided to cancel its annual general assembly that was planned for Nov. 12 in Fukuoka, Japan, taking the event online instead.
The number of flights in European airspace continued to decline in September, Eurocontrol data showed, as industry groups renewed calls for the introduction of an EU-wide COVID-19 testing program to spur demand.
The Faroe Islands’ national carrier Atlantic Airways has received a license from the U.S. Port Authority to launch services from the archipelago’s capital Vágar to New York.
Air Canada has finalized an order for an initial batch of 25,000 rapid-response COVID-19 test kits, as it looks to convince the Canadian government to relax its 14-day quarantine rule for international arrivals.
