The airline industry is generally in good shape to withstand the financial impact of the COVID-19 coronavirus, but it is yet to be seen if this outbreak will follow the same pattern as previous similar outbreaks.
JetBlue Airways remains confident that its planned service from Boston to London will be a success even as competition is intensifying in the market, and despite its largest rival Delta’s declaration that its revenue performance in Boston is on par with JetBlue’s results.
Venezuela has banned TAP Air Portugal from operating into the Venezuelan capital Caracas for a period of 90 days following what it described as “serious irregularities” in a recent flight.
Executives at Brazilian LCC GOL expect to operate roughly 20 Boeing 737 MAX aircraft by the end of the year, part of a transition that will see the MAX comprise half the carrier’s all-737 fleet by 2025.
Germany-based insurance company Allianz Global Corporate & Specialty (AGCS) has found that bird strikes are a notable contributor of aviation collision/crash incidents, after analyzing more than 50,000 claims.
A logistics division of German rail operator Deutsche Bahn and a venture fund established by Japan Airlines have joined Volocopter’s Series C funding round.
German leisure airline Condor is nearing the end of its protective umbrella restructuring process and is preparing for double-digit capacity growth in the next winter timetable.
The U.S. Department of Transportation (DOT) is looking to clarify its definition of what constitutes unfair and deceptive practices by an airline or ticket agent—a move likely to be welcomed by airlines.
Atlas Air will park four Boeing 747-400 converted freighters this year and return a fifth to a lessor, moves intended to counteract falling yields and utilization rates caused by softening macroeconomic trends.
Potential lawmaking in Washington state that dials back tax savings that Boeing has enjoyed for nearly two decades could be a key catalyst for Airbus, Boeing, Europe and the U.S. to finally reach a cease-fire in their long-running airliner subsidy disputes.
Belgian air navigation service provider (ANSP) skeyes plans to gradually install remote air traffic control (ATC) towers at six airports and airfields throughout Belgium.
Belavia Belarusian Airlines has signed a lease agreement with AerCap Holdings for three Embraer E195-E2s, making the carrier the first operator of the type in the Commonwealth of Independent States.
Airlines around the world will likely see demand for flights down by 4.7% this year and a $29.3 billion revenue hit because of the COVID-19 viral outbreak, IATA said Feb. 20.
A National Academies study of advanced aerial mobility requested by NASA concludes the commercial cargo market is likely to be an early adopter of autonomous air vehicle technology for rural cargo operations, including “middle mile” distribution and “last mile” package deliveries.
