Executives at American Airlines are confident that moves made last year to streamline the carrier’s fleet and headcount will reap big gains once demand picks up, although the timing of a recovery remains uncertain.
IndiGo increased its fleet by five aircraft in the last three months of 2020 and is now aiming to scale up capacity to 75-80% of 2020’s flying during the current quarter.
Thai Airways will submit its proposed rehabilitation plan to Thailand’s central bankruptcy court on March 2 after the flag-carrier’s request to postpone the submission was approved again.
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
Contrasting Boeing’s strategic direction against that of Airbus, which in 2020 unveiled concepts for liquid hydrogen fueled zero emissions airliners for potential entry-into-service in 2035, company CEO Dave Calhoun said SAFs are “the only answer between now and 2050.”
Background provided by EASA on its formal Boeing 737 MAX return-to-service (RTS) approval sheds light on future changes on tap for the narrowbody family.
Boeing has pushed back first deliveries of the 777X by an additional year to the end of 2023 after disclosing the need for a late flight control system-related modification driven by stiffer certification requirements in the wake of the 737 MAX experience.
The European Commission (EC) has reportedly told the Italian government that it cannot simply transfer Alitalia’s assets into the country’s new national carrier Italia Trasporte Aereo (ITA).
Canadian ULCC Flair Airlines announced an agreement to lease 13 Boeing 737 MAX aircraft, as it looks to grow its fleet while bringing down fares in the domestic air travel market.
European air cargo execs are calling for greater regional harmonization and streamlining measures to support their sector as it transports COVID-19 vaccines worldwide.
Air France-KLM has launched a new sustainability scheme that allows corporate customers to determine an annual contribution to the group’s sustainable aviation fuel (SAF) program.
Aeromexico and LATAM Airlines Group are seeking to further expand the breadth of their codeshare partnership to cover services operated by the Mexican flag-carrier to the U.S.
Hopes for Chinese carriers to return a profit in the first quarter have been dealt a blow after the Civil Aviation Administration of China (CAAC) issued an order for flights tickets to be refunded or rescheduled for free.
