All Airlines articles – Page 173
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News
Vertical warns UK could miss out on eVTOL benefits without government action
Bristol-headquartered Vertical Aerospace has called for the UK government to urgently set out clear policy goals to enable advanced aerial mobility operations to begin at scale from mid-decade or risk missing out on the economic and social opportunities they promise.
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Airline Business
Southeast Asia warms to the idea of (finally) opening up
Southeast Asian countries continue to see a gradual reinstatement of air travel, as vaccination rates rise and governments eye valuable tourism dollars.
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News
HNA Group creditors approve restructuring plans
Creditors to HNA Group have voted to approve four plans relating to its restructuring, according to a 23 October WeChat post published by the Chinese conglomerate.
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News
Thailand to expand quarantine-free travel from November
Thailand will widen the scope of its 1 November international tourism reopening to 46 low-risk countries, up from 10 countries as previously announced.
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News
Copa Airlines’ recovery depends on regional reopening
Panama’s Copa Airlines’ recovery depends in large part on factors it can’t control, including Latin American countries’ approaches to relaxing their pandemic-related travel restrictions.
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ALTA looks to send message of harmonisation
Aviation executives from across Latin America and the Caribbean are meeting in Bogota for the ALTA Airline Leaders’ Forum, as the region’s air travel industry seeks to climb out of the coronavirus pandemic trough.
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Pandemic exposes vulnerability in airspace charges model: Eurocontrol
Pan-European air navigation organisation Eurocontrol believes the pandemic has exposed a vulnerability in airspace charging policies, with the collapse in traffic forcing a rethink of the ‘user pays’ model. Charging policies based on availability of services and traffic forecasts, rather than actual service provision, means airlines “will end up paying ...
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Airline Business
Tentative reopening steps continue in Asia but long route to recovery
International travel in Asia-Pacific has been paltry since the crisis hit amid some of the tightest approaches to border control in the world and lagging vaccination roll-outs.
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News
Qantas to bring forward A380 re-launch; eyes earlier 787-9 deliveries
Qantas will reactivate a pair of Airbus A380s sooner than planned, as it also seeks to bring forward the arrival of three brand new Boeing 787-9s. The two re-activated A380s will operate the Sydney-Los Angeles route from April 2022, with one aircraft likely to fly to Sydney by the end ...
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News
Volaris Q3 net profit more than doubles over 2019 level
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
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Southwest and American will not fire unvaccinated workers despite federal mandate: CEOs
Neither Southwest Airlines nor American Airlines plan to fire workers who fail to receive coronavirus vaccines, as mandated by the US government for government contractors.
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News
American turns Q3 profit with nearly $1b in government aid
American Airlines remained profitable in the third quarter of 2021 thanks to US government pandemic-related aid, as executives predict business travel will recover in 2022.
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News
Southwest keeps profitable with government aid in ‘messy’ third quarter
Southwest Airlines has described its third-quarter performance as “messy” and warned its troubles could persist as it struggles to match increasing demand with capacity and staffing.
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News
Alaska’s Q3 marked ‘significant stride’ to recovery
Alaska Air Group made a “significant stride forward” to recovery in the third quarter of 2021, despite the coronavirus’ Delta variant hitting the company’s revenue in last months of the year.
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Airline Business
Why Etihad has broken new ground with sustainability-linked financing
Etihad Aviation Group chief financial officer Adam Boukadida believes there will be further sustainability-linked financing deals both within the industry and beyond after striking a $1.2 billion transaction tied to environmental, social and governance targets
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News
SAF producer LanzaJet sees jet fuel price parity ‘just around the corner’
Sustainable aviation fuel (SAF) producer LanzaJet is “just around the corner” from bringing the cost of its fuel down to match that of regular jet fuel, according to the firm’s chief executive.
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News
KLM restores pre-Covid network
KLM has restarted flights to almost its entire pre-Covid network, with only one destination excepted.
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News
EasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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News
Court rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Airline Business
Raised capacity on US-Mexican border routes bucks international trend
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.