The UK has extended the temporary waiver on airport slot rules through its summer 2021 season, slot co-ordination company Airport Coordination Limited (ACL) has confirmed.
Vietjet Air ended pandemic-stricken 2020 with a VND70 billion ($3 million) post-tax profit, boosted by strong ancillary revenue which accounted for 50% of all income.
Ryanair said it expected to make a full-year net loss of as much as €950 million ($1.1 billion) in the most challenging year in its history, but sounded an optimistic note about a summer recovery as vaccines are rolled out across Europe.
Gulf carriers Emirates Airline and Qatar Airways aim to reroute more passengers from Africa via their respective hubs in Dubai (DXB) and Doha (DOH) once the COVID-19 pandemic eases.
In 2020 airlines in Asia-Pacific registered just 18% of the passenger volumes seen in 2019, a decline not previously seen in the history of commercial aviation in the region.
Nearly a year’s worth of restrictions caused by the COVID-19 pandemic does not appear to have diminished interest in flying by business jet to the annual Super Bowl, which takes place Feb. 7 at Raymond James Stadium in Tampa, Florida.
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
Boeing has pushed back first deliveries of the 777X by an additional year to the end of 2023 after disclosing the need for a late flight control system-related modification driven by stiffer certification requirements in the wake of the 737 MAX experience.
The European Commission (EC) has reportedly told the Italian government that it cannot simply transfer Alitalia’s assets into the country’s new national carrier Italia Trasporte Aereo (ITA).
European air cargo execs are calling for greater regional harmonization and streamlining measures to support their sector as it transports COVID-19 vaccines worldwide.
Plans to demonstrate an autonomous aerial firefighting capability with an Erickson S-64 Aircrane heavy-lift helicopter have been delayed because of the coronavirus pandemic.
Hopes for Chinese carriers to return a profit in the first quarter have been dealt a blow after the Civil Aviation Administration of China (CAAC) issued an order for flights tickets to be refunded or rescheduled for free.
After a choppy start to 2021, Hawaiian Airlines expects to reach 75% to 85% of its 2019 capacity in the summertime, with its North American network driving the majority of that growth.
Alaska Air Group plans to deploy 80% of its pre-pandemic capacity this summer, reflecting new optimism that an inflection point in travel demand will occur sometime during the first half of 2021.
