Lessor Dubai Aerospace Enterprise (DAE) found new business in the teeth of the COVID-19 pandemic and pulled in more cash from lessees in the 2020 third quarter (Q3), the company said Nov. 4.
Lufthansa Group subsidiaries Swiss International Airlines (SWISS), Austrian Airlines and Brussels Airlines continue to implement measures to overcome the coronavirus pandemic.
Manufacturers are expected to deliver 6,376 new civil and commercial helicopters worth $30.4 billion at retail prices from 2021 through 2030, while the worldwide fleet is projected to expand at a 1.4% compound annual growth rate, according to Aviation Week Network’s new 2021 Helicopter Fleet & MRO Forecast.
Thai Airways has put a total of 34 aircraft up for sale, including all of its Boeing 747-400, 777-200 and 777-300, as the flag-carrier turns to more fuel-efficient aircraft for the handful of international flights it now operates.
Almost all of Cathay Pacific’s eligible pilots and cabin crew have accepted the revised contract terms that are a key part of the Hong Kong airline’s cost restructuring efforts.
European airlines’ capacity plans were already indicating that traffic levels would fall further in the coming weeks. As lockdown after lockdown begins, the mood within the industry is gloomier still.
Reflecting the rapid rise of COVID-19 infection rates in some key markets, IATA’s latest figures show how the recovery of air passenger traffic stalled in September as cargo continued to trend upwards.
Malindo Air, the Malaysian offshoot of Indonesia’s Lion Air, has begun a retrenchment program that will affect 2,647 staff, prompting action from the government to assist affected staff.
The Dutch government has given the go-ahead for a €3.4 billion ($4 billion) bailout to help KLM weather the COVID-19 crisis after a pilots union agreed to conditions set by the government, removing a last-minute obstacle to the funding.
Global business aviation activity was down 15% through most of October compared to a year ago, spurred by leisure demand in the charter market, according to WingX Advance data.
American Airlines will expand its current pre-flight COVID-19 testing program in November to include customers headed to a handful of additional Caribbean and Latin American countries, part of an effort to increase options for travelers seeking to avoid onerous quarantines upon arrival.
Stuart Beech is an Airbus A380 senior first officer with British Airways who last flew in early April, before the airline stored its A380s at Chateauroux Airport in central France because of the COVID-19 pandemic.
Swiss regional carrier Helvetic Airways believes its wet-lease business will increase as airlines come to renew their regional fleets but find themselves short
France will require travelers arriving from outside the EU to take rapid-result COVID-19 tests, which will be made available at the country’s airports.
Targeting Thailand’s religious and predominately Buddhist population, Thai Airways has announced a pilgrimage flight-to-nowhere event that will see an aircraft fly over 99 sacred sites while passengers say Buddhist prayers onboard.
To generate more alternate revenue amid the pandemic and after rising demand for its training speciality, Singapore Airlines (SIA) is commercializing its training services by setting up the Singapore Airlines Academy.
United Airlines continues its push to convince governments that COVID-19 testing is a viable alternative to quarantines and other travel restrictions—it plans to conduct free rapid testing for passengers onboard select flights between its Newark hub and London Heathrow.
The body representing Arab airlines believes that around half of all aircraft deliveries to its members scheduled for the next two years will be canceled or deferred and that recovery from the COVID-19 pandemic hinges on a series of government actions to aid the sector.
