All articles by Pilar Wolfsteller – Page 65
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Air Canada ends ‘undeniably grim’ year with Q4 loss of C$1.2bn
Air Canada ended 2020 with a fourth-quarter loss of C$1.2 billion ($950 million), closing a year the company’s outgoing chief executive calls “undeniably grim”.
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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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Pandemic could speed up sustainable ‘reset’ of aviation: webinar
Disruptive alternative propulsion will not come to aviation in leaps and bounds, but will require time, significant investment and partnerships between major manufacturers and small, nimble start-ups
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Canada approves Air Canada’s acquisition of Transat
The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions.
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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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Why Boeing needs to work quickly on NMA decision
Boeing needs to begin work on a design for a planned new mid-market aircraft (NMA) if it is to remain competitive against Airbus, says an aviation analyst at the annual Pacific Northwest Aerospace Alliance conference, being held virtually this year.
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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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Sun Country Airlines files for IPO
US leisure travel specialist Sun Country Airlines has applied to go public, according to a filing with the Securities Exchange Commission (SEC).
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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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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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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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US Senate confirms Pete Buttigieg as DOT head
The US Senate has confirmed Pete Buttigieg to lead the Department of Transportation (DOT) in the administration of President Joe Biden by a vote of 86-13.
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SpaceX Starship rocket crashes during test flight
A SpaceX prototype rocket crashed on landing after conducting a test flight.
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Industry groups urge US government to reject domestic testing requirement
A coalition of travel industry lobby groups and unions is urging the new US administration to reject a coronavirus testing mandate for domestic air travel similar to the one that was introduced for international arrivals earlier this week.
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United warns 14,000 employees their jobs may be in danger
United Airlines has put 14,000 employees on notice that their jobs are once again in danger when the second round of US government financial aid set aside for airline payroll support expires on 31 March.
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Germany shuts border to travellers from Ireland and Portugal
Germany has shut its border to two fellow European Union nations in an effort to halt the spread of coronavirus mutations that are more-easily transmitted.
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PSA returns CRJs to service after inspections
Regional carrier PSA Airlines is again flying its MHIRJ CRJ jets after having grounded the aircraft for mandatory inspections, PSA parent American Airlines says.