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Ryanair Reports Second Quarter Losses
Ryanair Holdings PLC reported a loss of €185 million for the second quarter of 2020, the first quarter of its fiscal year, on Monday. This is a stark contrast from the same period last year, when the carrier made €243million, the airline announced in a press release. The loss is attributed to the impact of […]
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Qatar Airways Grounds A380s, Begins Rebuilding Network
Qatar Airways has decided to keep its fleet of 10 Airbus A380s grounded, citing the aircraft’s vast commercial and environmental footprint. “Due to COVID-19’s impact on travel demand, the airline has taken the decision to ground its fleet of Airbus A380s as it is not commercially or environmentally justifiable to operate such a large aircraft […]
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South African Airways Sends Airbus Aircraft to Spain for Long-Term Storage
South African Airways has sent its Airbus A330-200 and A350-900 to Teruel Airport in Spain for long term storage amid locked horns with staff and management over the furloughing process and calls to liquidate the airline. Teruel Airport is located in Spain outside the town of Teruel and hosts aircraft from all over the world […]
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Kenya Airways Gears Up for Government Takeover Amid Massive Layoff Reports
In a bid to retain its financial flexibility and optimize on the lack of connectivity throughout Africa, the government of Kenya is on the verge of nationalizing its flag carrier to retain market share while aiding the troubled airline in its restructuring process. Lawmakers passed the nationalization bill which entails a National Aviation and Management […]
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Ethiopian Takes to the Skies Again, Profits During the Pandemic
Africa’s largest airline has been working around the clock during the pandemic, becoming the go-to airline for essential travel, repatriation flights and the airlift of medical and personal protective equipment (PPE) and as travel restrictions slowly ease out across the globe, Ethiopian is pleased to welcome back air travel with more emphasis on safety. As […]
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TAAG Angola Airlines Receives First of Six Dash 8-400s
TAAG Angola Airlines, the national flag carrier for Angola yesterday received its first of six Dash 8-400 aircraft from De Havilland Aircraft of Canada Limited. This introduction of Dash 8-400 is expected to support the growth of TAAG’s network. “We selected the Dash 8-400 aircraft to support our development of a stronger domestic network and […]
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More Mainline Commercial Aircraft are Now Flying Than Stored
Global air travel has begun its journey to recovery after the COVID-19 pandemic decimated almost every aspect of travel. Now, the focus of the industry is addressing the post-COVID-19 challenges to navigate the industry to recovery. As the light at the end of the tunnel begins to get clearer, the latest tracking data from Cirium […]
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Turkish Carriers Resume Flights After Near Three Month Travel Ban
Turkey restarted domestic air transport earlier this month with flights to Ankara marking its first wave of the ‘new normal’ phase after an almost three-month ban on air travel brought about by the coronavirus pandemic. International air travel is also gradually picking up with the country’s national airline., Turkish Airlines commencing international flights on June […]
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South African Airways to Receive $1.2 Billion Government Bailout
The South African government has agreed to finance the restructuring of South African Airways (SAA) as indicated in a copy of a draft plan shown on Monday. The draft plan involves a government agreement to spend R21 billion ($1.2 billion) to restructure SAA. According to the draft plan, a working capital injection is estimated at […]
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African Airlines Are Ailing As Industry Braces for Restart
International Air Transport Association (IATA) has already outlined a roadmap of a proposed temporary layered approach that will help to jump-start air travel around the world. The guidelines are geared at building confidence with the aviation stakeholders to enable reopening of borders and the safe return of passenger flights amid the pandemic. There are, however, […]