All articles by Cirium – Page 64
-
AnalysisCovid-19’s full impact on global aviation still unknown
More than eight weeks after the world first learnt the term “coronavirus”, the outbreak has spread beyond Asia, with Europe, the Middle East, and even North America now on high alert. Closer to the epicentre in China, Asia-Pacific airlines have been grappling with the shock to air traffic demand, but ...
-
NewsGaruda working to mitigate coronavirus impact
Garuda Indonesia is seeking to deploy capacity on cargo routes and to renegotiate leases as it seeks to contain the hit of the coronavirus outbreak, The flag carrier intends to boost its cargo revenue and domestic capacity by redeploying aircraft previously used for Indonesia-China services that were suspended on 5 ...
-
NewsBoeing, Collins vow to continue tech investments
The downturn in aerospace stocks won’t halt Boeing and Collins Aerospace from investing in new commercial aircraft technologies, executives from those manufacturers said on 5 March during discussions at the US Chamber of Commerce aviation summit in Washington, DC. The aviation industry has proven adaptability and will continue to innovate ...
-
NewsLufthansa considers suspending A380 fleet over outbreak
Lufthansa is evaluating a temporary grounding of its entire Airbus A380 fleet as part of capacity cuts in response to the coronavirus outbreak. The Star Alliance airline says it may reduce capacity by up to 50% over the coming weeks – more than previously planned – as a result of ...
-
AnalysisWhat Flybe’s demise means for the Dash 8
Flybe’s collapse is a serious blow for De Havilland Canada’s Dash 8-400 programme as the UK regional carrier was the turboprop’s largest operator.
-
NewsAvation takes over Flybe’s sub-leased aircraft
Avation has exercised its right to step into the sub-lease to Loganair of two ATR 72-600s, originally leased to collapsed British carrier Flybe. The Singapore-based lessor said on 19 February it placed the turboprops with Loganair, which was set to start operating them “in the coming weeks”. The aircraft were ...
-
NewsAirAsia India completes IATA safety audit
AirAsia India has completed the IATA Operational Safety Audit (IOSA), joining six other AirAsia group units to have achieved the safety certification. The low-cost carrier, a joint venture between Tata Sons and AirAsia Investment, says the successful completion affirms its “world-class safety standards”. A search on the IOSA registry website ...
-
NewsIndigo Partners: Coronavirus may drive consolidation
Airlines with limited cash reserves face the greatest challenge in 2020 as businesses cancel travel plans and consumers reevaluate vacations due to the coronavirus, executives say 5 March during discussions at the US Chamber of Commerce aviation summit in Washington, DC. Air Canada chief executive Calin Rovinescu says that “cash ...
-
NewsNorwegian slashes transatlantic capacity as coronavirus hits demand
Norwegian is cutting 22 long-haul flights between Europe and the USA between 28 March and 5 May, as passenger numbers dive as a result of the coronavirus outbreak.
-
NewsEtihad reports $870 million annual loss
Etihad Airways narrowed its loss in 2019, to $870 million from $1.28 billion the year before, as the Abu Dhabi carrier cut capacity 6% as part of its transformation programme.
-
NewsCoronavirus hit to January traffic the ‘tip of the iceberg’: IATA
IATA data shows that passenger traffic growth slowed to 2.4% in January – the weakest monthly increase since April 2010, and a sharp decrease from December 2019’s 4.6% rise in revenue passenger-kilometres. “January was just the tip of the iceberg in terms of the traffic impacts we are seeing owing ...
-
NewsLufthansa to make Brandenburg switch in November
Lufthansa Group intends to transfer its mainline operations from Berlin Tegel to the German capital’s new Brandenburg airport a week after the long-delayed opening on 31 October.
-
NewsIATA steeled for ‘tough times’ after January fall in cargo demand
IATA is warning that “tough times are ahead” after cargo tonne-kilometres declined 3.3% in January.
-
NewsAsian carriers cut operations as coronavirus outbreak persists
Asian carriers have announced further reductions as the coronavirus outbreak persists. Starting this week, Korea Air is suspending most European and US flights through April, while changes to Japan service remain in place until the end of May. It is also reducing operations to major cities such as Chicago, New ...
-
NewsThai Airways sold six widebodies last year
Thai Airways International sold six widebodies last year as part of its strategy to “continuingly sell decommissioned aircraft”. The flag carrier says in a stock exchange filing that it disposed of five Airbus A330-300s and one Boeing 747-400 in 2019. It did not disclose the names of the buyers. Cirium ...
-
NewsSingapore extends entry restrictions to stem coronavirus outbreak
New travel restrictions to limit the spread of the coronavirus take effect in Singapore today, barring the entry of new visitors who visited South Korea, Iran, or northern Italy in the past 14 days. Citizens and permanent residents returning from these regions will have to self-quarantine for 14 days. ...
-
NewsRyanair chief leaves door open to Airbus order
Ryanair group chief executive Michael O’Leary would be open to ordering Airbus A320s – provided the European manufacturer can come up with the right offer. “The A320 is a great aircraft,” he told Cirium at the A4E aviation summit in Brussels, although he stresses that so too is the Boeing ...
-
NewsAirline chiefs sanguine on coronavirus impact
Leaders of some the largest airlines in Europe believe that the coronavirus will only have a limited impact on demand for air travel on the continent. Speaking at the A4E aviation summit in Brussels on 3 March, IAG’s outgoing chief executive Willie Walsh acknowledged that the group had seen a ...
-
NewsAirline failures loom as outbreak spreads: ISTAT panelists
Global airline capacity in 2020 has declined by nearly 3% as of 2 March compared to the same period in 2019, Rob Morris, global head of Ascend by Cirium, disclosed at an ISTAT event today. Through the week ended 1 March, global capacity had declined by 2% year-over-year, Cirium schedules ...
-
NewsAeroflot weighs options for long-haul fleet
Aeroflot Group is in the process of reviewing options for expanding its long-haul fleet, as well as how planned short-haul growth can be maintained despite uncertainty on the Boeing 737 Max family’s return to service.