IATA Rejects Decision to Reduce Capacity of Operations at AICM
The International Air Transport Association (IATA) rejects and challenges the Mexican Government’s decision to reduce the capacity of Mexico City International Airport (AICM) to 43 operations per hour. IATA further calls on the authorities to seek alternative measures to this unilateral action, which if not withdrawn or modified, will have negative impacts on passengers, air […]
Air Canada to hit pre-pandemic capacity levels in 2024 as recovery continues
Air Canada says it will return to pre-pandemic capacity levels in 2024, as the airline reported record fourth-quarter revenue in its continued recovery from the COVID-19 pandemic. The Montreal-based airline said on Friday that it will boost 2023 capacity by 24 per cent compared to last year, bringing it to 90 per cent of pre-pandemic […]
Aerolíneas Argentinas Aims For 100% Pre-Pandemic Capacity In 2023
Aerolineas Argentinas aims to restore full pre-pandemic capacity next year once it clears a back up in aircraft maintenance. The airline is operating roughly 70% of its pre-pandemic capacity, Aerolineas Argentinas CEO Pablo Ceriani told the Aviation Week Network this week during the IATA Annual General Meeting in Doha (DOH). Ceriani said he hopes the […]
Air Cargo, up 9.1% in September, Capacity Remains Constrained
The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that capacity constraints persist. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to September […]
American Airlines offers $45 million to settle fare-collusion case
American Airlines has offered to pay $45 million to end its role in a long-running class-action lawsuit against several carriers, making the move to avoid what it feared could be costly litigation, not in an admission of guilt. "Despite our firm conviction in the appropriateness of our actions, costs to defend against antitrust litigation often […]
The world is running out of trained pilots. Here"™s why
The world is running out of trained pilots. With growing fleets, an aging workforce, training challenges, and fewer pilots leaving the military for commercial aviation, companies cannot solve this problem by throwing money at it. And airlines don"™t have time to waste: the deficit is already causing issues like wage inflation and flying schedule disruptions. […]
Airlines warned against complacency after dream safety run
Global airlines, coming off a record-low accident rate in 2017, need to guard against complacency over safety as heavy growth in travel demand stretches the air transport system, industry leaders warned at a conference last week. There were no jet crashes in 2017 and 19 fatalities across the sector, while some 301 passengers have died […]
Brazil domestic aviation: major airlines to weather pressures
Rising fuel costs and currency fluctuations are looming challenges for Brazilian airlines, but two of the country"™s largest airlines feel reasonably confident that they can weather those difficulties "“ in part, due to stable demand in the country. That demand and prudent capacity management should allow Brazilian airlines to drive revenue in order to offset […]
Sky Airline eyes expansion as fleet transitions to the A320neo from September 2018
Sky Airline to take delivery of its first A320neo in September 2018, confirmed CEO Holger Paulmann, with all 12 on order due by end of 2019. By the end of 2020, the Chilean airline’s entire fleet will consist of only NEO aircraft, he added, adding 80% more capacity to the fleet as operating costs are […]
US Big 3 airlines: Capacity growth despite fuel price volatility
Revenue momentum for the three large global network airlines should continue into 2Q2018 with international entities leading the charge. American, Delta and United all believe their trans-Atlantic entities should be revenue leaders in the quarter, which is the start of the US summer high season. But accompanying the solid unit revenue growth forecasts is a […]
