Airline CEOs call for summit to speed relaunch of UK-US travel
Bosses of major U.S. and UK airlines called on Tuesday for a summit between the two governments to speed the reopening of transatlantic travel, still paralyzed even though the countries have among the world’s highest COVID-19 vaccination rates. «The airline industry needs adequate lead time to establish a plan for restarting air services, including scheduling […]
Airlines Re-Set Pandemic-Era Travel Record Again
All you need to do is watch any local TV news broadcast from the weekend to see the touching, heartwarming videos of people, including small children, surprising their parents and grandparents for the first time in months. Maybe longer. And they did it by getting on a plane in record numbers. Mother’s Day Weekend proved […]
IATA: Strong post-pandemic air cargo market expected
IATA is predicting a positive outlook for air cargo demand and believes it will continue to improve as the vaccine rollout progresses and bellyhold services pick up. Kickstarting a press conference earlier today, Willie Walsh, director general of IATA, said airlines “deserve great credit” for pivoting their business focus away from passenger operations and towards […]
GOL discloses preliminary traffic figures for April 2021
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil’s largest domestic airline, announces preliminary air traffic figures for the month of April 2021, compared to the same period in 2020. Highlights: In the domestic market, demand (RPK) for GOL’s flights increased 294% and supply (ASK) increased by 280%. GOL’s domestic load factor was […]
Delta’s ESG Report: Powering purpose-driven goals to be a catalyst for change
The launch of Delta’s inaugural ESG report is a pivotal moment in the company’s commitment to being purpose-driven and highlights its intention to be a catalyst for global change, from its Board of Directors to its front-line employees. As a company that connects people with opportunity, Delta recognizes its role in growing empathy, respect and […]
17 Months Later: South African Airways Pulled Out Of Business Rescue
South African national flag carrier South African Airways (SAA) has left a form of bankruptcy protection yesterday called a “business rescue” and was handed back to its executives. After around 17 months of bankruptcy protection to address past sins, the once bloated airline is ready to get back to business after receiving R7.8 billion ($537.87 […]
Air Cargo Demand Reaches All Time High in March, up 4.4% Compared to Pre-COVID Levels
The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded since the series began in 1990. Month-on-month demand also increased albeit at a slower pace than the […]
High Testing Costs Could Stall the Recovery
The International Air Transport Association (IATA) called on governments to ensure that high costs for COVID-19 testing don’t put travel out of reach for individuals and families. To facilitate an efficient restart of international travel, COVID-19 testing must be affordable as well as timely, widely available and effective. An IATA sampling of costs for PCR […]
Lufthansa Group to Purchase Five Additional 787 Dreamliners
Boeing [NYSE: BA] and the Lufthansa Group today announced the airline group will continue its fleet modernization with a new order for five 787-9 Dreamliners. The incremental order further supports the group’s efforts to reduce complexity in its long-haul fleet and improve overall environmental performance by introducing more fuel-efficient widebody jets. «We are very pleased […]
Delta Air Lines and Sabre sign transformative agreement to drive value creation
Delta Air Lines and Sabre announced on Monday a transformative global distribution agreement that will evolve their long-standing partnership and drive change in the travel industry through commercial and technological innovation. The new, value-based, multi-year distribution agreement represents an industry-first model that creates value for the entire travel ecosystem, including travel agencies and travelers. “Our […]
