JetBlue CEO Discusses COVID-19’s Impact on Airlines
Airlines are starting to see a slight rise in bookings, but air travel remains down about 90%, prompting speculation about which carriers might go under. JetBlue Airways CEO Robin Hayes admits he doesn’t know how quickly air travel will recover from the coronavirus outbreak, and no matter what, his will be a smaller airline. Hayes, […]
China domestic air travel continues recovery
ForwardKeys has revealed that domestic air travel in China, which has been recovering slowly in the wake of the Covid-19 outbreak, has now reached more than 50 per cent of what it was at the equivalent moment in 2019. The figures are based on issued air tickets. In addition, analysis of flight ticketing data reveals […]
WestJet Cancels TransBorder And International Flights Thru June 25
WestJet has updated its schedule from June 5 through to July 4, 2020 to address significantly reduced guest demand for air travel while continuing to keep critical economic lifelines open for essential travel and cargo. The airline put out a statement on Sunday to say it «is also extending its temporary transborder and international route […]
Don’t Make A Slow Recovery More Difficult with Quarantine Measures: IATA
The International Air Transport Association (IATA) released new analysis showing that the damage to air travel from COVID-19 extends into the medium-term, with long-haul / international travel being the most severely impacted. Quarantine measures on arrival would further damage confidence in air travel. A risk-based layered approach of globally harmonized biosecurity measures is critical for […]
Southwest CEO: Travel Depends Upon Reopening of Attractions Like Disney World
In an interview today with CNBC, Southwest Airlines’ CEO, Gary Kelly, offered his insights about what it might take for U.S. travel to resume again once the COVID-19 pandemic is under control. Following the release of the airline’s first-quarter earnings report, Kelly confirmed that April 2020 has seen just six percent of seats filled for […]
Slow Recovery Needs Confidence Boosting Measures
The International Air Transport Association (IATA) called for governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel. “Passenger confidence will suffer a double whammy even after the pandemic is contained—hit by personal economic concerns in the face of a looming recession on […]
25 Million Jobs at Risk with Airline Shutdown
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7 […]
Slower but Steady Growth in 2019: IATA
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.2% compared to the full year of 2018. The 2019 result is a slowdown compared to 2018’s annual growth of 7.3% and marked the first year since the global financial crisis […]
Airlines should be braced for tougher conditions: IATA
IATA chief economist Brian Pearce believes the industry should be braced for more difficult conditions over the next 12 months, amid continued market challenges and the heaviest falls in air freight demand since the financial crisis a decade ago. Speaking at the Airlines 2050 event in London on 17 October, Pearce flagged that conditions faced […]
100 years in the sky: how the world’s major airlines went from carrying mail to crossing the globe
It was early morning on May 14, 1908, when Wilbur Wright – one half of the renowned Wright brothers – made an easy landing on the beach at Kitty Hawk in North Carolina with a man called Charles Furnas sitting beside him. The men had been airborne for fewer than 30 seconds, but it was […]
