All Coronavirus articles – Page 19
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News
Air Canada ‘confident’ that government aid is coming
Air Canada’s chief executive is “confident” that the government of Canada will offer airlines a sector-specific financial aid package – the type of support for which the industry has clamoured since the coronavirus pandemic began.
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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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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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Copa Q4 loss is $169m, as it operated 27% of capacity
Panama’s Copa Airlines posted a fourth quarter loss of $169 million as it was only able to operate 27% of the capacity it had operated in the same quarter a year prior, due to coronavirus-related travel restrictions.
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US government considers third aid package for airlines
The US government is considering a further $15 billion in payroll support for aviation workers as the industry hopes for recovery this year.
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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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AAPA sees vaccine egalitarianism as the key to reviving tourism
It will be difficult to reopen borders for tourism until most of the world’s population has been vaccinated, and the disparity between developed and emerging economies could potentially hamper progress, the Association of Asia Pacific Airlines (AAPA) has warned.
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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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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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News
SkyWest loses $46 million in fourth quarter with reduced flight schedules
SkyWest Airlines says it lost $46 million in the fourth quarter of 2020, as reduced flight schedules and lower demand from its mainline airline partners continued to challenge the regional carrier.
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Strong cargo demand helps Singapore Airlines cut Q3 loss
Singapore Airlines Group narrowed its third-quarter operating loss, as stronger cargo performance helped offset any further revenue loss from a pandemic-led collapse in passenger travel demand.
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Allegiant Q4 loss is $29m, sees recovery ‘on the horizon’
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, sees a post-coronavirus recovery “on the horizon” with customer travel intention steadily rising following almost a year of coronavirus-driven inertia.
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SkyWest asks for extension of temporary cargo reconfiguration rule
SkyWest has asked the FAA to extend a rule that allows carriers to temporarily reconfigure passenger aircraft to cargo operations, in light of the continued depressed demand in the wake of the coronavirus pandemic.
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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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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.
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Slow vaccination campaigns bad news for airlines: AAPA chief
The lethargic rollout of coronavirus vaccines will delay any recovery for the airline sector, according to Association of Asia Pacific Airlines director general Subhas Menon.
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Aero India goes ahead in defiance of Covid-19
The Aero India show in Bengaluru will be the first major international air show in nearly 12 months, but attendees will have ample reminders of the coronavirus pandemic.