Airbus subsidiary Skytra has secured UK finance regulator approval for a data tool which will allow airlines to hedge revenue for the first time, in the same way they do for fuel and currency.
IATA believes the situation for airlines will become worse before it becomes better, as international travel restrictions persist and vaccine roll-out is only just beginning.
Despite the onset of the COVID-19 pandemic, China ended 2020 with 420 million passenger movements, making it the world’s second-largest aviation market for the fifteenth consecutive year.
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400s will end operations by March 31.
Japan’s two major carriers are significantly cutting back their domestic schedule plans for January following a new spike in COVID-19 cases in the country.
The UK has tightened up its COVID-19 travel restrictions, imposing the requirement of a negative test for the virus on all arrivals in addition to mandatory quarantines for those coming from states not on its “travel corridor” list.
Turkish Airlines’ CEO has said passengers must not wear valved or vented face masks on board, in line with national health regulations and World Health Organization (WHO) guidance.
The flight data recorder (FDR) of Sriwijaya Air flight SJ182 was recovered by Indonesian naval divers on the evening of Jan. 12, three days after the Boeing 737-500 carrying 62 people plunged into the sea.
Archer said the agreement supports its vision of being a leader in the first wave of urban air mobility providers with the goal of beginning passenger services by 2024.
Despite a general consensus that Latin America’s recovery from the COVID-19 pandemic will occur at a slower pace than other areas of the world, there’s no shortage of ambition among the region’s low-cost operators.
Porter Airlines has once again pushed back its planned re-start date, but the dormant Canadian carrier is confident that the roll-out of vaccines means its long-awaited return from a self-imposed grounding is more certain than ever.
Air cargo volumes improved toward the end of 2020, but the sector is still facing a shortage of capacity with many long-haul passenger flights remaining grounded, removing belly capacity from the market.
Dubai-based Emirates is resuming Dallas, Seattle and San Francisco flights and adding extra frequencies to its existing Los Angeles, New York and São Paulo services.
The national carriers of Qatar and Saudi Arabia are adding back scheduled routes between the countries, less than a week after a deal was reached to end a diplomatic dispute spanning more than three years.
China e-commerce giant Jingdong, better known as "JD.com," has taken the first step in setting up its own in-house air freight carrier to support its huge online shopping business.
British LCC easyJet said it had signed a new $1.87 billion five-year term loan facility as it takes more steps to bolster its finances as it looks to ride out the ongoing COVID-19 crisis.
