Coronavirus

AIR CANADA reported net loss of C$1.2b in 2Q21 vs (C$343m net profit in 2Q19) on 82.4% lower revenues vs 2Q19; it ended quarter with C$9.8b liquidity
Air Transport

By Ben Goldstein
American Airlines plans to hire 1,350 more pilots by 2022, part of an effort to return to full capacity as demand recovers from the COVID-19 pandemic.
Airlines & Lessors

US DOT says US scheduled pax airlines employed 392,984 full-time equivalent (FTE) workers in May, the lowest FTE total for the month of May since 2015
Air Transport

AMERICAN AIRLINES says it is prepaying the entirety of its $950m spare parts term loan that was scheduled to mature in April 2023. It now expects to
Air Transport

VIVA AEROBUS recorded MP663m net profit for 2Q21 (vs MP63m in 2Q19) on 75% higher revenues vs 2Q19; it has 48 aircraft.
Air Transport

AMERICAN AIRLINES posted $19m net profit in 2Q21 (vs $662m net profit in 2Q19) on 37.5% lower revenues vs 2Q19. It ended quarter with record $21.3m in
Air Transport

By Alan Dron
Most airline passengers will continue to support the wearing of masks on board aircraft in the near term, according to a poll organized by IATA.
Airlines & Lessors

ALASKA AIR GROUP had $397m net income in 2Q21 (vs $262m net profit in 2Q19) on 33% lower revenues vs 2Q19. It says it has repaid full $135m loan from
Air Transport

SOUTHWEST AIRLINES had $348m net income in 2Q21 (vs $741m net profit in 2Q19) on 32.2% lower revenues vs 2Q19. It has 736 737s (68 MAXs), including 39
Air Transport

Despite the lack of international travel, the utilization rates in the U.S. is currently top in the world. It has recovered to about 80% of pre-COVID
Air Transport

By Alan Dron
IATA Director General Willie Walsh said the African market remains difficult as the pandemic continues to play out.
Airlines & Lessors

RYANAIR announced COVID-19 recovery schedules for summer 2021 from Scotland (245 weekly flights to 78 destinations; 4.7m annual pax), Rome (>470 to 80
Air Transport

AEROMEXICO posted EBITDAR of MP1.9b for 2Q21 (vs MP0.7b in 2Q19) and ended quarter with operating fleet of 118 aircraft.
Air Transport

UNITED AIRLINES posted $434m net loss in 2Q21 (vs $1.1b net profit in 2Q19) on 52% lower revenues. It expects profitability in 3Q21 and beyond as more
Air Transport

US DOT says US domestic air fares averaged $260 in 1Q21, down 1.2% from $264 in 4Q20 and 24% from $343 in 1Q20.
Air Transport

By Kurt Hofmann
"Whether the recovery will be sustainable will come down to a race between COVID variants and vaccine take-up,” Air Astana President and CEO Peter Foster said.
Airlines & Lessors

By Jens Flottau
While the U.S. and Europe are recovering, the Asia-Pacific region remains in crisis.
Airlines & Lessors

EASYJET has £318.3m pretax loss for third quarter ended June 30 vs £346.8m loss a year ago; it expects in fourth quarter to fly up to 60% of 2019
Air Transport

AIR CANADA announced current summer transborder schedule of 55 routes/34 US destinations/220 daily flights following loosening of restrictions on non
Air Transport

By Lori Ranson
One day after the UK’s “freedom day,” the U.S. State Department has issued a do not travel advisory to the country due to rising COVID-19 infections.
Safety, Ops & Regulation

By Kevin Michaels
Mexico’s missteps after decades of growth are a reminder of the importance of political leadership and creative policy in times of crisis.
Manufacturing & Supply Chain

UNITED AIRLINES plans to cease (E175) operations out of Everett's Paine Field on October 5 due to low demand
Air Transport

US TSA screened 2,227,704 pax at airport security checkpoints on July 18, which was the first time volumes surpassed 2.2m since start of the pandemic.
Air Transport

NAV CANADA reports traffic decrease of 58% in June 2021 vs June 2019.
Air Transport

SAS

SAS finalized SEK3b credit facility with governments of Sweden and Denmark to support liquidity during COVID-19 recovery.
Air Transport