Ride-share schemes for small satellites are here to stay and, along with constellations and geostationary spacecraft, will contribute to solid activity in the near term, senior executives of launch service operators say.
Norwegian Air Shuttle plans to further cut capacity, leaving only six aircraft from its 140-strong fleet in operation, citing travel restrictions and Norway’s decision not to provide any more financial aid to the low-cost long-haul carrier.
After some signs of a passenger recovery in July and August, demand again slipped in September as Taiwan’s China Airlines (CAL) and EVA Airways both posted third quarter (Q3) losses despite marginal operating profits.
The Canadian government will begin discussions with major airlines on a financial assistance package to help them weather the COVID-19 pandemic, Transport Minister Marc Garneau announced Nov. 8.
United Airlines and JetBlue are adding flights to accommodate promising demand during the upcoming Thanksgiving holiday, even as COVID-19 cases in the U.S. continue to rapidly climb.
SWISS International Air Lines (SWISS) and the company’s cabin crew union have provisionally agreed on measures to cut costs and staff numbers in light of the COVID-19 pandemic.
Guangzhou Baiyun International has become the busiest airport in China this year, as COVID-19 outbreaks and the opening of a new Beijing airport have pushed Beijing Capital International down to sixth place.
Commercial in-service or active fleet strengths have grown at 2.9% CAGR since 2015, but the impacts of the coronavirus pandemic created a precipitous drop that will linger into the future.
Airlines in Brazil continue to recover from the COVID-19 crisis at a faster clip than operators in other regions, but a rational supply-demand balance in ensuing as traffic remains far below pre-pandemic levels.
Atlas Air posted a nearly $75 million net profit in the 2020 third quarter (Q3), boosted by continued strong demand for air cargo amid the COVID-19 pandemic.
Strong performance from Korean Air’s cargo operation helped the airline achieve an operating profit for the 2020 third quarter (Q3), although the airline still slipped to a net loss, attributable to the COVID-19 crisis.
European governments have come under fire for creating a patchwork of COVID-19 restrictions, as airlines continue to hemorrhage €250,000 ($295,000) per minute.