Russian LCC Pobeda no longer plans to take delivery of 30 Boeing 737 MAX narrowbodies for which it had signed a letter of intent, according to the airline’s CEO Andrey Kalmykov.
Guangzhou Baiyun International has become the busiest airport in China this year, as COVID-19 outbreaks and the opening of a new Beijing airport have pushed Beijing Capital International down to sixth place.
As the airline industry is looking into next year with high hopes for the recovery from its worst crisis to finally begin, many ask whether there will be structural change to the way airlines operate.
When it comes to Boeing consolidating 787 production out of Washington state and into South Carolina in mid-2021, two phrases seem popular among industry insiders: “I told you so,” and “saw that coming.”
It will be an “emotional moment” for controllers when an Air France Airbus A321 takes off from Berlin-Tegel Airport (TXL) on Nov. 8, marking the final departure from the historic airport.
Airbus booked 11 new orders and removed three more A220-300 commitments from Macquarie Financial Holdings’s backlog while reporting 72 deliveries in October, the company said Nov. 6.
Airlines in Brazil continue to recover from the COVID-19 crisis at a faster clip than operators in other regions, but a rational supply-demand balance in ensuing as traffic remains far below pre-pandemic levels.
Spanish air navigation service provider Enaire plans urban air mobility demonstrations in Barcelona and Santiago de Compostela in 2022 under two projects funded by Europe’s Horizon 2020 research program through the SESAR air traffic management modernization effort.
Atlas Air posted a nearly $75 million net profit in the 2020 third quarter (Q3), boosted by continued strong demand for air cargo amid the COVID-19 pandemic.
UK LCC easyJet has raised a further $169.5 million liquidity from the sale-and-leaseback of 11 Airbus A320s and cut back its winter flying to just 20% of planned capacity.
Strong performance from Korean Air’s cargo operation helped the airline achieve an operating profit for the 2020 third quarter (Q3), although the airline still slipped to a net loss, attributable to the COVID-19 crisis.
European governments have come under fire for creating a patchwork of COVID-19 restrictions, as airlines continue to hemorrhage €250,000 ($295,000) per minute.
Triumph Group will at least announce the sale of the rest of its aerostructure business before April 2021, if not close on the deal, the supplier’s chief executive asserted Nov. 5.
Emirates Airline has offered some pilots unpaid leave of up to one year, as it seeks to slim its workforce in the teeth of the ongoing COVID-19 pandemic.
