All Networks news – Page 78
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News
Ethiopian Airlines is ‘cash-positive’ as shift to cargo pays off
Ethiopian Airlines’ decision to temporarily convert 25 passenger aircraft for cargo operations has helped it to become “cash positive” during the Covid-19 crisis, according to the African carrier’s chief executive Tewolde Gebremariam.
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European aviation proposes framework for net-zero CO2 by 2050
Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050.
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MEPs back plan to ease airport slot rules for summer 2021
Members of the European Parliament have backed proposals to ease slot rules for the forthcoming summer season under which airlines only have to use half their airport slots in order to retain them for the following year.
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Paris airports operator works on new plan after Charles de Gaulle expansion scrapped
Paris airports operator Groupe ADP is to work on a new development plan for Charles de Gaulle airport after the French government scrapped its existing Terminal 4 project.
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Emirates chief expects ‘meaningful’ capacity return in Q4
The impact of Covid-19 variants on government-imposed travel restrictions is likely to delay a “meaningful” restart of international travel until the fourth quarter of this year, in the view of Emirates president Tim Clark.
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Pre-Covid hub and fleet plans still hold up: Emirates chief
Emirates Airline will bounce back strongly from the Covid-19 crisis without any fundamental changes to its business model, according to the operator’s president Tim Clark, with its mix of widebody aircraft enabling it to take advantage of likely supply-side shortages in the coming years.
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Virgin Atlantic expects early-summer passenger demand recovery
UK carrier Virgin Atlantic has written off the normally busy Easter travel season and now expects a recovery in passenger numbers to begin in May-June, chief executive Shai Weiss has indicated. Noting that he has been forced to repeatedly push back his expectations for a recovery in travel demand, Weiss ...
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Chinese airlines saw 60% plunge in January passenger traffic
Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend recovery momentum.
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Allegiant announces 34 new routes
Allegiant Air will launch 34 new nonstop routes to domestic leisure destinations as the airline continues to plan for customers to return in larger numbers during the summer travel season.
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Air Canada suspends flights to USA, Latin America, Europe and Asia
Air Canada is temporarily cutting 17 more routes as it struggles to operate amid government travel restrictions designed to mitigate the spread of the coronavirus.
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UK mandates hotel quarantines for returning red-list passengers
The UK is to launch mandatory hotel quarantines for UK and Irish residents returning from “red list” states where transmission rates of Covid-19 are high. “In short, this means that any returning residents from these countries will have to quarantine in an assigned hotel room for 10 days from the ...
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American expands international schedule from Miami
American Airlines is expanding international service from its Miami hub, with new direct flights to Tel Aviv and Paramaribo, Suriname, set to launch in June and July, respectively.
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Airline Business
Airline coronavirus recovery tracker: February 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Wizz to close Trondheim base
Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway.
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Norwegian flew eight aircraft on average in restriction-hit January
Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services curtailed by travel restrictions.
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Airline passenger traffic saw sharpest decline in history during 2020
The coronavirus-ravaged airline industry experienced its sharpest-ever decline in passenger demand during 2020, as global traffic fell 65.9% from 2019 levels, according to full-year data released by IATA today.
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Air cargo demand decline in 2020 ‘worst since records began’
The air cargo sector – touted as the airline industry’s bright spot during the coronavirus crisis – saw its largest year-on-year fall in demand since IATA records began during 2020, although the final quarter brought signs of the gap closing.
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Wizz to open Sarajevo base in May
Central European budget carrier Wizz Air is establishing a base in Sarajevo, in an effort to boost its market position in Bosnia and Herzegovina.
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IATA outlines scenario where Covid variants pummel 2021 traffic
The global airline industry might only see traffic growth of around 13% from 2020 levels this year amid the impact of new variants of Covid-19, according to a potential scenarios presented by IATA.
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UK advertising body rules Ryanair vaccine claims ‘misleading’
The UK Advertising Standards Authority has ruled that Ryanair “Jab and go” television advertisements must not be broadcast again in forms that attracted more than 2,300 complaints.