While many airline executives predict the recovery in air travel demand will be U-shaped or V-shaped, Delta Air Lines CEO Ed Bastian thinks it will probably look more like the Nike “Swoosh” logo.
After building 111 aircraft and conducting more than 25,000 flights, unmanned and manned, startup Kitty Hawk is winding down the Flyer project to develop a single-seat recreational electric vertical-takeoff-and-landing (eVTOL) aircraft.
The European Commission (EC) has banned all Armenian-registered carriers from European Union (EU) airspace, following a review of the country’s safety oversight first announced in December 2019.
Bombardier has completed the sale of its CRJ Series regional jet program to Mitsubishi Heavy Industries for $550 million in cash and the assumption of about $200 million in related liabilities, the company said.
The airline industry has produced almost exclusively bad news ever since the coronavirus pandemic began to have an impact on the industry globally in early March.
The global air freight market plummeted by 27.7% in April compared to the same period in 2019, as the full effect of the COVID-19 pandemic was felt around the world.
Indian carrier IndiGo slipped to a net loss in the first quarter of the year, largely due to plummeting demand caused by the COVID-19 crisis coupled with travel restrictions.
SINGAPORE—Singapore Airlines (SIA) has increased its capacity by 2% for June and July compared to May, albeit a 94% reduction of its schedule planned before COVID-19 hit.
EasyJet has said it will have resumed flights to almost three-quarters of its route network by the end of August as London City Airport (LCY) said separately that it would reopen at the end of June as COVID-19 lockdowns are lifted.
FRANKFURT—TUI Group has reached an agreement with Boeing over compensation for delayed 737 MAX deliveries and a new schedule that will see the airline take outstanding deliveries much later.
Business-rescue practitioners seeking to save South African Airways (SAA) have put forward a draft restructuring plan that would see the carrier’s 49-strong fleet slimmed to 21 aircraft over the mid-term.
The U.S. FAA will order Boeing 777 operators to validate the accuracy of fuel-quantity check systems following reports that inaccurate tank status data caused aircraft to depart with too little fuel for their planned missions, leading to at least 10 diversions.
Southwest Airlines plans to shrink its headcount through employee buyouts, as it seeks to align staffing levels with the decline in demand caused by the COVID-19 pandemic.
Emirates Airline would welcome a partnership with a large U.S. airline, but alliance-related politics and a long-simmering but recently solved row over subsidies continue to present major hurdles, Emirates president Tim Clark suggested.
The company said it must first meet cost targets and then work out a plan to get a type certificate. Only after the regional jet is declared airworthy will the resumption of manufacturing be considered.
