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 […]
IATA: Slot system essential to rebuilding global airline networks
Over the last 70 years, a slot allocation system has been developed to manage airline takeoffs and landings at the world’s busiest airports. But that system is now on hold. Global, blanket slot waivers have been in place since the COVID-19 pandemic hit the world in the first quarter of 2020. For the northern hemisphere […]
Viva Air seeks to boost regional connectivity
Viva Air is seeking to grow its footprint on regional routes in Latin America, taking share from legacy carriers that currently dominate such sectors. Speaking at Routes Reconnected on April 26, CEO Felix Antelo told delegates that low-cost operators such as Viva are strong in domestic markets, but none have really challenged the likes of […]
Worldline and IATA partner to help airlines back on the runway to recovery
Worldline [Euronext: WLN], the European leader in the payments and transactional services industry and number 4 worldwide, today announced it has partnered with the International Air Transport Association (IATA) to give all their member airlines access to a wider range of payment solutions to better serve their passengers. All of Worldline’s payment capabilities and services […]
Delta named among TIME100’s Most Influential Companies
Delta Air Lines is among the TIME100 Most Influential Companies of 2021 – the only airline to make the list of «businesses making an extraordinary impact around the world.» This new list is an expansion of the iconic TIME100, known for sharing the top 100 most influential people of the year. Categorized as a ‘leader’ […]
Colombia’s Viva Air Wants 28 More Airbus Planes By 2025
The Colombian low-cost carrier Viva Air has an aggressive plan to expand in the next few years. It plans to take on new aircraft, to increase its fleet to 50 units by 2025. It will push the Colombian city of Medellin into a hub, and lower the fares across Latin America. Simple Flying spoke with […]
