All Nippon Airways’ (ANA) significant cost-cutting efforts have been dwarfed by the massive revenue loss caused by the COVID-19 crisis, resulting in heavy net losses for the June quarter.
Alitalia said it would increase international flights as it looks to increase traffic following the COVID-19 shutdown, with its medium- and long-haul capacity set to grow by 7% in September and 29% in October compared to August levels.
The rebound in domestic travel in Japan has been one of the most impressive in the Asia-Pacific region, and the government is taking steps to try and keep the momentum going.
While Hawaiian Airlines is raising financing to ensure its survival in the short-term, it is also looking further ahead at what changes will be needed to adjust to the long-term industry outlook.
JetBlue has tapped Pratt & Whitney to maintain its newer IAE V2500 engines under a 13-year, fixed-price agreement, the last maintenance-related piece in a series of sweeping cost-reduction moves.
Initial hard data on the scope of the aftermarket’s downturn suggests the immediate drop was less severe than expected, but the climb back to pre-pandemic levels may take longer than initially projected.
One of the main unions representing British Airways (BA) cabin crew has said it is “moving towards industrial action with immediate effect” as the airline continues with plans to cut its workforce.
JetBlue Airways is capitalizing on the worst downturn in air travel history to reinforce its New York and Los Angeles focus cities, part of a plan to emerge from the COVID-19 crisis with an enhanced competitive profile on both U.S. coasts.
Shared-use lounge provider Airport Dimensions has acquired fellow-UK airport facilities company Onground Hospitality, which specializes in providing short-term sleeping areas for passengers in terminals.
Commercial aviation’s pandemic-driven downturn appears to have hit its low point during the 2020 second quarter (Q2), but signs point to a slow and unsteady recovery that will last until at least 2024, Raytheon Technologies Corp. (RTX) executives said.
Business rescue practitioners acting for South African Airways (SAA) have secured stakeholder clearance for a final element of their business rescue plan, leaving only a few administrative details outstanding.
Spanish LCC Volotea has agreed to a syndicated loan of €150 million ($176 million) to help meet its operational and financial needs following three months of “hibernation” caused by the COVID-19 pandemic.
LONDON—UK-based carbon-fiber recovery firm ELG Carbon Fibre and Belgian aircraft-recycling specialist Aerocircular have formed a partnership to reclaim carbon fiber from end-of-life aircraft.
Asia-Pacific carriers face a bleak second half of 2020 following a precipitous drop in international traffic in the second quarter, according to the region’s major airline industry group.
Spanish technology provider Accelya has completed its acquisition of airline-retail specialist Farelogix, just six weeks after the deal was first announced.
France may reconsider plans to build a fourth terminal at Charles de Gaulle, Paris’s biggest airport, because of the COVID-19 pandemic’s impact on air travel demand.
Chinese carriers OK Airways, Qingdao Airlines and Ruili Airlines have banded together to introduce an unlimited weekend travel pass that can be used across the three airlines.
