All articles by Lewis Harper – Page 57
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News
‘Debates remain’ with government on bailout deal: KLM chief
KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected.
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Air France-KLM laments fresh lockdown as Q3 loss tops €1bn
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year.
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Ryanair to suspend service from all Irish airports except Dublin
Ryanair will temporarily cease operations from all Irish airports except Dublin for a one-month period, blaming government “mismanagement” and a “complete collapse in travel demand”.
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Airline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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ACI Europe claims nearly 200 of region’s airports ‘face insolvency’
ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a worsening outlook for passenger demand.
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Finnair reaches agreement to cut 700 jobs
Finnair has reached an agreement to cut 700 jobs – more than 10% of its workforce – as it grapples with the impact of the coronavirus pandemic.
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Crisis means American Airlines ‘feels like start-up company’
The impact of the coronavirus crisis means American Airlines sometimes feels more like ”a $2-3 billion start-up company” than one of the world’s largest and longest-established operators, according Rhett Workman, the carrier’s managing director for Europe and Asia-Pacific.
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Qatar Airways chief warns travel bubbles ‘just protect home carriers’
Governments and regulatory bodies must resist adopting protectionist measures such as ’travel bubbles’ that reduce the opportunities for international airlines to serve markets, in the view of Qatar Airways chief executive Akbar Al Baker
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No short-term return for A380: Qatar Airways chief
Qatar Airways does not expect to operate its Airbus A380s for at least two years, according to the Middle Eastern carrier’s chief executive Akbar Al Baker.
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New BA chief cites ‘risk we will not see beyond this crisis’
The new chief executive of British Airways has called for the urgent introduction of pre-flight coronavirus testing to save the UK’s airline industry.
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‘All airlines are going bankrupt’: UK industry body chief
UK airlines desperately need a coronavirus testing regime in place avoid a “really, really bleak winter” for the industry, according to Tim Alderslade, chief executive of Airlines UK.
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Airline Business
Will there be an international air travel resurgence in 2021?
When this crisis reaches the 12-month mark around February/March 2021, are there any reasons to believe that things will look vastly better than they do today?
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’Small flows through hubs’ will lead recovery, says KLM chief
The recovery of international air connectivity will favour KLM’s hub operations above point-to-point services, according to the Dutch flag carrier’s chief executive Pieter Elbers.
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Crisis a chance to fix aviation’s gender imbalance: EU transport chief
The coronavirus crisis is an opportunity to address the “poor” gender imbalance among workers in the air transport industry, according the European Commissioner for Transport, Adina Valean.
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Ryanair cuts winter capacity to 40% of 2019 level
The Irish operator blames “increased flight restrictions” imposed by European governments, which caused forward bookings to “weaken slightly” in October and “materially” in November and December.
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News
Greek carrier Sky Express orders four Airbus A320neo jets
Greek airline Sky Express has ordered four Airbus A320neo aircraft as it plans to expand into international operations.
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Environmental pressure will ‘come back swinging’: Finnair chief
An airline’s ability to invest in new aircraft and other measures aimed at mitigating the industry’s environmental impact will become a “differentiating factor” in the future, according to Finnair chief executive Topi Manner.
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Aviation faces ‘systemic collapse’ without support: ACI and IATA
ACI World and IATA have issued a joint call for non-debt-generating financial support to “prevent the systemic collapse of the aviation industry”. “The Covid-19 pandemic remains an existential crisis, and airports, airlines and their commercial partners need direct and swift financial assistance to protect essential operations and jobs,” says ACI ...
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Capacity ‘will go elsewhere’ if travel restrictions remain: Ryanair chief
The chief executive of Ryanair’s mainline operation has warned the Irish government that the carrier is able to place its aircraft elsewhere in Europe, as he lamented the country’s current restrictions on international travel. Noting that Ireland does not have a state-owned flag carrier, Eddie Wilson states on Ryanair’s new ...
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Finnair develops ‘financial bazooka’ to survive crisis
Finnair has enough cash to survive until late 2021 with little or no flying, having introduced a raft of financial measures to ensure it can survive the coronavirus crisis