Long-haul leisure carrier Air Belgium has announced plans to diversify into dedicated freighter operations, tapping CEO Niky Terzakis’ cargo industry background.

Russian airlines carried 69.2 million passengers in 2020, down 46% year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia. 

Vietjet Air ended pandemic-stricken 2020 with a VND70 billion ($3 million) post-tax profit, boosted by strong ancillary revenue which accounted for 50% of all income.

Ryanair said it expected to make a full-year net loss of as much as €950 million ($1.1 billion) in the most challenging year in its history, but sounded an optimistic note about a summer recovery as vaccines are rolled out across Europe.

A proposal reported to be under consideration within the Biden administration to require domestic travelers to test negative for coronavirus before flying could undermine a U.S. air travel recovery that has barely gotten off the ground.

IATA has cautiously welcomed proposals to reinvigorate progress on the Single European Sky (SES) project.

All Nippon Airways (ANA) says it is starting to see signs of financial improvement, following heavy losses in 2020 caused by the COVID-19 crisis. The…

Creditors of HNA Group, parent of multiple Chinese airlines including the country’s largest private carrier Hainan Airlines, filed an application to a Chinese court to place the company in bankruptcy Jan. 29.