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.
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate.
Australian regional and charter carrier Alliance Aviation is buying a fleet of Embraer E190s to take advantage of growth opportunities it foresees in the local market.
A city government in eastern China will take a stake in privately held Ruili Airlines, extending a trend toward growing state ownership in the country’s commercial aviation sector.
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.
