GOL to restore 20% of network
Brazil’s largest domestic airline GOL Linhas Aéreas plans to add additional capacity to its network in June, as well as reopening five more bases. The carrier operated 13 aircraft during May, with flight operations down by about 93% on the same month a year ago. However, there has been a steady increase in activity in […]
Industry Losses to Top $84 Billion in 2020
The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to […]
OPINION: Spirit of cooperation is needed
COVID-19 has thrown aviation into survival mode overnight but the industry should use this crisis to learn from the past and find ways to improve in the future, according to IATA regional vice president for the Americas Peter Cerdá. The COVID-19 pandemic has had a devastating effect on the global aviation industry, but one region […]
‘No meaningful’ long-haul flying this year, says Air New Zealand CEO
Air New Zealand has laid out an 800-day action plan that will involve flying fewer routes and further belt-tightening as part of efforts to return to “healthy profits” by 2022. In a letter to staff, CEO Greg Foran said the national carrier has a “tough road ahead” but is on a path to become a […]
JetBlue CEO: Airlines Will Have To Rethink Change Policies
In an interview, Robin Hayes, CEO of JetBlue, said last week that he believes airlines will have to rethink some of their policies as traffic and demand begins to pick back up following the near standstill of the COVID-19 spring. Notably, they may need to provide people with the ability to change flights more easily […]
U.S. airlines gain final approval to drop services to 75 domestic airports
Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to the coronavirus pandemic. The U.S. Transportation Department said all airports would continue to be served by at least one air carrier. Despite some objections to a tentative list made […]
Aerodom: airlines will operate in the DR “as soon as possible”
Álvaro Leite, commercial director of Dominican Airports Siglo XXI ( Aerodom ), said that he hopes that the country’s borders will be reopened so that the airlines restart their operations in the airports operated by the company with a lower initial offer that will grow to adapt to demand over the course of the next […]
Emirates president Tim Clark: Deal with US major ‘makes business sense’
Emirates Airline would welcome a partnership with a large US airline, but alliance-related politics and a long-simmering, recently solved dispute over subsidies continue to present major hurdles, Emirates president Tim Clark said. Speaking to the Aviation Week Network in an exclusive, virtual fireside chat, Clark said that a deal with one of the “big three” […]
Frontier expands from Philadelphia
Denver-based Frontier Airlines will debut six services out of Philadelphia International (PHL) this year after firming plans for three new routes, in addition to three announced last week. Flights to Boston Logan (BOS) and Chicago O’Hare (ORD) will begin in July, followed by Phoenix Sky Harbor (PHX) in November. The BOS and ORD services will […]
Airlines reinstate flights to US vacation spots as cities re-open
As traditional US summer holiday spots like Florida and Las Vegas begin loosening restrictions after an almost-three-month coronavirus-forced hibernation, airlines are seeing passenger interest rise to these destinations, but also across their networks. The Walt Disney collection of amusement parks, located near Orlando in central Florida, and gaming hotels in Las Vegas, Nevada are some […]
