All Networks news – Page 103
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News25 million jobs endangered by airline coronavirus crisis: IATA
IATA has calculated that some 25 million jobs might be at risk amid falling demand for air travel caused by the coronavirus crisis.
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NewsEl Al bailout request rejected by Israeli finance ministry
Israel’s finance ministry has rejected El Al’s request for state aid, prompting the airline to appeal directly to the country’s prime minister for help.
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NewsSAS details staff cuts and warns it may need more state aid
Scandinavian carrier SAS has temporarily laid off 11,000 employees and will make 120 positions in Sweden permanently redundant, and is warning that the state support it is set to receive “will not suffice” if the coronavirus crisis persists.
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Airline BusinessCORSIA’s airline CO2 baseline must exclude 2020 data: IATA
IATA has added to calls for ICAO to reconsider the baseline period being used for its CORSIA global carbon offsetting scheme for commercial aviation, in light of the coronavirus outbreak.
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NewsHSBC expects European airline consolidation amid Covid-19 crisis
The coronavirus crisis will speed up airline-industry consolidation across Europe as less profitable carriers fail or are taken over by leaner competitors, according to an analysis by HSBC. “We expect financially weak airlines that survive to be… significantly smaller as they exit the outbreak,” the bank writes in an update ...
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Airline BusinessWhy airline CEOs should think counter-intuitively during a crisis
Airline chief executives need to act swiftly during the coronavirus crisis, but should also remember that counter-intuitive actions might lead to better outcomes – particularly when it comes to short-term hits to the balance sheet. Those were among the key messages heard during the FlightGlobal webinar Airline chiefs on surviving ...
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NewsVietnam Airlines restricts load factors into Ho Chi Minh City
Vietnam Airlines will restrict passenger loads on services to Ho Chi Minh City’s Tan Son Nhat International Airport so as not to stress the airport’s mandatory coronavirus testing. Its Boeing 787s and Airbus A350-900s will be restricted to 180 passengers, says the carrier. Cirium fleets data shows that the airline’s ...
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NewsRavn Air Group suspends most flights in Alaska
Alaska-based Ravn Air Group will park nearly all its fleet and operate only three De Havilland Canada Dash 8 aircraft in response to the lack of air travel demand, leaving rural and isolated communities in the state few options for air freight deliveries and passenger flights. The suspension was effective ...
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NewsSecondary airports protest DOT’s ‘minumum service’ rule for differing reasons
Secondary airports across the United States have objected to the Department of Transportation’s (DOT) show cause order which would require carriers who plan to take government relief as a result of the coronavirus pandemic maintain minimum service to certain points across the country.
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NewsAir Baltic service-resumption planning excludes Dash 8s and 737s
Latvian carrier Air Baltic will be an all-Airbus A220 operator when it resumes operations, having made the decision to remove its De Havilland Canada Dash 8s and Boeing 737s from service early as a result of the coronavirus crisis.
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NewsAmerican Airlines cuts summer schedule
American Airlines says its summer 2020 schedule will reflect the realities of the decline in demand after the global coronavirus pandemic.
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NewsUS discount airlines urge rethink of strings attached to aid package
Ultra-low cost carriers Allegiant Air, Frontier Airlines and Sun Country Airlines have raised objections to a US Department of Transportation (DOT) show cause order that requires airlines who accept government aid to maintain a minimum level of service.
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NewsLATAM slashes April capacity 95%
LATAM Airlines has decreased its operation-wide capacity in April by 95%, citing border closures and lower demand because of the coronavirus pandemic.
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NewsPassenger traffic may only recover end-2021: ACI World
Worldwide passenger traffic may not recover to pre-coronavirus levels until the end of 2021, according to an economic analysis by Airports Council International (ACI) World. The trade association expects the coronavirus outbreak could result in a 38% shortfall in 2020 worldwide passenger traffic against its pre-crisis forecasts, and the pandemic’s ...
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NewsMore cuts to APAC schedules as coronavirus outbreak persist
Asia-Pacific carrier schedules are shrinking fast as the coronavirus crisis continues to take its toll on travel demand. Japan’s All Nippon Airways (ANA) announced further reductions to international capacity today, the third update in three days. The latest reductions affect routes to Frankfurt, Chicago, New York, Los Angeles, Bangkok, Ho ...
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NewsQatar Airways puts New York and Spanish flights on hold
Qatar Airways is suspending flights to New York and the Spanish cities Madrid and Barcelona, but vows to reinstate them “in line with a return to regular conditions”. Framing its decision, the Oneworld member says it “continues to temporarily hold flights to severely affected countries due to entry restrictions implemented ...
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NewsAsia-Pacific airports grind to a halt on coronavirus impact
Airports across Asia-Pacific are temporarily shutting terminals, shops and have put spending on hold as they grapple with traffic restrictions due to the coronavirus outbreak. “Every passenger lost by an airline is equally a passenger lost by an airport,” says Stefano Baronci, director general of Airport Council International (ACI) Asia-Pacific. ...
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Airline BusinessAsia-Pacific order book haunts crisis-hit airlines, airframers
As Asia-Pacific airlines go into hibernation during the coronavirus crisis, order backlogs suggest that Airbus and Boeing have 902 aircraft scheduled for delivery into the region by the end of 2021. It is important to note that the figure of 902 commercial jets, which foresees 370 deliveries to the ...
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NewsSouthwest cuts capacity another 20%
Southwest Airlines deepened its capacity cuts to 40% from 3 May through 5 June.
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NewsMinimum number of flights required for airlines taking bailout money: US DOT
The US Department of Transportation (DOT) has published rules that US carriers must follow if they decide to accept government aid as a result of financial difficulties resulting from the global coronavirus crisis.