Atlas Air management predicts the company will double its profits in 2020 from a year ago, driven by continued high demand for air cargo during the COVID-19 pandemic.
Etihad Airways sees a return to its New York service for the Airbus A380 when travel demand recovers, Etihad Airways VP-Americas Vincent Frascogna told Aviation Daily in an Aug. 7 interview.
The U.S. State Department has lifted its broad “do not travel” warning for U.S. citizens that had been in place since March, instead moving to a country-by-country warning system.
EASA has warned that the pitot tubes of aircraft returning to service after grounding during the COVID-19 pandemic should be carefully checked, following an upsurge in safety incidents.
Hydrogen could be introduced for niche airport applications as early as 2025 and enable deeper decarbonization of aviation by 2035, a Boeing-supported report by Australian researchers concluded.
Scandinavian Airlines (SAS) has reached an agreement with investors holding its bonds and hybrid notes meaning that work on a revised recapitalization can continue.
Brussels Airlines is increasing its range of short- and medium-haul fare options to align its offering more closely with the rest of the Lufthansa Group’s full-service carriers.
The CEO of Austrian Airlines said a comprehensive COVID-19 testing program for travelers coming from high risk countries is necessary, while a travel corridor between Europe and the U.S. would help revive the Lufthansa subsidiary’s vital transatlantic routes.
Korean Air has managed to buck industry trends by achieving a net profit for the second quarter, thanks mainly to a strong performance by the carrier’s cargo unit.
A survey from Gallup and Franklin Templeton of over 10,000 American recent flight passengers found 52% of respondents are not comfortable flying during the COVID-19 pandemic, suggesting that airlines’ efforts to persuade customers about the safety of flying have had limited success.
Ryanair will increase flights to more than 60% of its normal schedule throughout August following the “successful resumption” of services at the end of June.
In the latter part of the last decade, Boeing was busy signing new master contract agreements with major commercial aerospace suppliers that solidified price reductions and other benefits to the OEM under its Partnering for Success (PFS) program.
Sentiment in the airline industry improved slightly, although the overlying mood remained downbeat, according to the latest IATA Airline Business Confidence Index.
Lessor Dubai Aerospace Enterprise (DAE) turned in a reduced net profit of $121.7 million for the first half (H1) of 2020, compared to $197.1 million for the year-ago period.
Airbus registered four new orders in July 2020, leaving it with a total of 302 net orders for the year to date; 49 aircraft were delivered during the month.
The FAA will essentially have a new system for managing high-altitude air traffic once upgrades to the current En Route Automation Modernization (ERAM) system are completed in 2025, the Transportation Department inspector general reports.
Delta Air Lines CEO Ed Bastian confirmed that 20% of the company’s workforce voluntarily departed the week of July 27, raising the odds that Delta will avoid mass furloughs of the proportions previewed recently by American Airlines and United Airlines.
