All Airlines articles – Page 210
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Air Canada loses C$1.3bn in Q1; calls on government to end restrictions
Air Canada continues to haemorrhage cash as the airline’s home country keeps its air carriers in the dark about a time-line for easing strict restrictions that are hindering them from returning to a pre-coronavirus normal.
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JAL plunges to $3.6bn operating loss in FY2020
Japan Airlines (JAL) swung to an operating loss of Y390 billion ($3.6 billion) in its 2020 financial year to 31 March.
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Qantas uses Alliance E190 options to beef up regional capacity
Qantas has called up five additional Alliance Aviation Embraer E190s under a wet lease agreement with the regional operator.
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Australian leaders sound cautious tone on international reopening
Australian cabinet ministers have suggested that international travel to the country might not open up until the second half of 2022.
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Copa posts first quarter loss, sees diverging trends in the Americas
Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump.
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Azul posts quarterly loss, cargo revenue rises
Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue.
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Domestic links feature as Ryanair to open Stockholm Arlanda base
Low-cost carrier Ryanair is to open a base at Stockholm Arlanda this winter, initially basing two aircraft at the Swedish airport.
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Sun Country earns $12.4m profit in first quarter
Sun Country Airlines’ diversified business model – which includes scheduled passenger services, charter flights and freight transport – helped propel the airline to a first-quarter profit.
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Swiss downsizing for smaller market
Lufthansa Group carrier Swiss is to cut its fleet by 15% and its headcount by a fifth as it attempts to right-size itself to serve what it perceives will be a permanently smaller customer base.
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Air France-KLM eyes positive returns this summer
Air France-KLM executives believe the group could return to cash-positive operations over the summer if the vaccine rollout delivers the hoped-for recovery in travel demand.
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India domestic travel collapses amid Covid-19 crisis
India’s coronavirus crisis has seen daily departures drop below 100,000, with numerous countries suspending virtually all travel from the South Asian country.
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Australian watchdog against proposed Qantas, JAL joint venture
The Australian Competition & Consumer Commission (ACCC) has come out in opposition of a proposed joint venture between Qantas Airways and Japan Airlines (JAL).
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Atlas posts $90m profit as cargo business soars
Atlas Air Worldwide Holdings continues to profit from higher freight demand during the global health crisis, as long-haul passenger flights - and the belly cargo that is transported in them - are still far from pre-pandemic levels.
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Ryanair and Wizz traffic well below pre-crisis levels despite April improvement
Ryanair and Wizz Air carried slightly more passengers in April than in March though traffic remains vastly down on pre-crisis levels as travel restrictions across Europe continue. The low-cost operators are the first airlines in Europe to disclose traffic data for April. Ryanair carried 1 million passengers in April 2021, ...
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Malaysia Airlines has option to extend lease deferrals into 2022
Malaysia Airlines has the option of extending lease rental deferrals into 2022 if the market for air travel does not recover quickly enough.
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Allegiant ‘bullish’ about summer travel, after turning small profit
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, turned a slim profit in the first three months of the year as the company prepares for a busy summer with a “bullish” outlook.
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Domestic and cargo pick-up in March fail to offset international traffic gloom
A strong recovery in the large Chinese domestic market was the key driver for an improved global passenger traffic performance in March, though RPKs still remain two-thirds below pre-crisis levels.
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Malaysia Airlines to phase out A380s ‘in coming months’
Malaysia Aviation Group (MAG), Malaysia Airlines’ parent company, has indicated plans to retire its Airbus A380 fleet “in the coming months”.
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Aviation and tourism groups appeal for US-UK travel corridor
US airlines have joined almost 50 other aviation and travel organisations, appealing to the governments of the USA and UK to open up a travel corridor between the two countries “as soon as safely possible”.
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Lufthansa orders five A350s and five 787s
Lufthansa Group has ordered more Airbus and Boeing widebodies as it continues modernising its fleet, with the goal of reducing fuel consumption, complexity and cost.