Mexican airline Interjet to increase flight frequency by 88%
Mexican airline Interjet said on Tuesday it would increase the frequency of its domestic flights by 88%, including boosting travel options to popular tourist destinations. The low-cost carrier said in a statement it would increase flights to popular beach resort areas such as Cancun, Puerto Vallarta and Los Cabos, as well as to cities such […]
Virgin Atlantic airline files for US bankruptcy protection
Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry. The airline made the Chapter 15 filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. A […]
Airlines & Airports Issue Stark Warning to European PMs on Inconsistent Approach to Travel Restrictions
Europe’s airline and airport associations have written to Prime Ministers, Transport, Health and Home Affairs Ministers across the European Union, Schengen and the UK, setting out deep concerns over their failure to implement coherent and science-based approaches to travel restrictions. The letter, sent jointly from Airports Council International Europe (ACI EUROPE), Airlines for Europe (A4E) […]
British Airways owner IAG to raise $3.3 billion to ride out Covid-19 crisis
British Airways owner IAG plans to raise 2.75 billion euros ($3.27 billion) from shareholders to repair the coronavirus-sized hole in its finances and brace for a more chaotic future. Chief Executive Willie Walsh said the plan, backed by biggest shareholder Qatar Airways, was needed to survive the most severe crisis in aviation history after the […]
What Travel Will Look Like After Coronavirus
When will we be traveling again in large numbers? And what will travel be like in the future? The first question depends on a medical solution to the coronavirus pandemic. The second is best answered with experience. I asked eight travel pioneers for predictions on what the future of travel will be—current and former chairmen […]
JetSMART explores Uruguay potential
Chilean ULCC JetSMART is exploring the potential of opening routes to Uruguay. The company’s management team has held talks with Luis Alberto Heber, Uruguay’s Minister of Transport and Public Works, about starting commercial operations in the country. The discussions were led by JetSMART CEO Eduardo Ortiz and airport development director Friederike Krebbers alongside representatives from […]
Recovery Delayed as International Travel Remains Locked Down
The International Air Transport Association (IATA) released an updated global passenger forecast showing that the recovery in traffic has been slower than had been expected. In the base case scenario: Global passenger traffic (revenue passenger kilometers or RPKs) will not return to pre-COVID-19 levels until 2024, a year later than previously projected. The recovery in […]
Majority of U.S. House backs new bailout for U.S. passenger airlines
A majority U.S. House of Representatives lawmakers signed a letter made public on Monday calling for a six-month extension of a $32 billion payroll aid program that they argue is crucial to keeping hundreds of thousands of aviation workers employed through March 31. “Without an extension of the (payroll support program) before then, hundreds of […]
Air Cargo Recovery Continues in June but at a Slow Pace
The International Air Transport Association (IATA) released data for global air freight markets in June showing improvement, but at a slower pace than some of the traditional leading indicators would suggest. Global demand, measured in cargo tonne-kilometers (CTKs*), fell by 17.6% in June (-19.9% for international operations) compared to the previous year. That is a […]
High Court grants petition for reorganization of LIAT
A High Court has granted a petition allowing for the reorganization of the cash-strapped regional airline, LIAT, the appointment of an administrator as well as staying all proceedings relating to the liquidation of the company. Senior Counsel Anthony Astaphan confirmed that the High Court here granted the petition late Friday as the Gaston Browne administration […]
