According to a 2020 report by the Airports Council International, Vietnam is one of the fastest-growing aviation sectors worldwide. Vietnam’s aviation industry has seen many new entrants in recent years, including notable upstart Bamboo Airways. The nation, however, got a new player on Monday, as Vietravel Airlines commenced commercial operations on Jan. 25. The first […]
United Airlines concluded a difficult year by announcing its fourth-quarter earnings results on Wednesday. Overall, the airline lost $7.069 billion in 2020, a drastic contrast from a $3 billion profit in 2019. According to CNBC, this year marked the largest annual loss for United since 2005. Cash Burn Down, but Revenue Issues Remain During Quarter […]
The COVID-19 pandemic has caused a focus on leisure traffic in the U.S. Due to the shift, airlines have launched new flights in the South to attract leisure traffic to warmer destinations, particularly during the winter and spring seasons. In yet another step in that ongoing movement, American Airlines announced it will be expanding in […]
In a press release on Tuesday, Cargojet announced a $275 million equity offering aimed at growing the airline’s cargo operations. A syndicate of underwriters has agreed to purchase 1,642,000 common voting and/or variable voting shares for C$213.25 per share. With the new offering, along with the over-allotment option provided by the underwriters, the airline is […]
With the drop in business travel, airlines have shifted their focus toward leisure demand. This change has caused airlines to focus on “sun and fun” destinations — cities focused more on beach tourism. United Airlines has done this throughout the COVID-19 pandemic and will add one more of these routes to their route network. The […]
International expansion is a rarity during the COVID-19 pandemic as many airlines were forced to shrink schedules to international destinations due to travel restrictions and a lack of demand. However, some carriers have taken advantage of the pandemic to launch new markets. One of these carriers is Jordan Aviation. The Jordanian carrier, Jordan Aviation, wants […]
On Wednesday, WestJet announced its intent to resume Boeing 737 MAX flights. Additionally, United Airlines filed its first routes with the Boeing 737 MAX 9 on Wednesday. These two moves showcase the gradual reinstatement of the Boeing 737 MAX after groundings that kept it out of service for almost two years. WestJet MAX Resumption WestJet […]
The aviation industry in Vietnam is growing fast. With new startups in Vietnam like Vietravel Airlines, Bamboo Airlines, and VietJet Airlines emerging, airports in Vietnam can handle limited passengers. For example, Ho Chi Minh City’s main airport, Tan Son Nhat International Airport, is designed to handle 25 million passengers. However, pre-pandemic in 2019, the airport […]
Amid the recent ungrounding of the Boeing 737 MAX, many airlines have begun filing plans to integrate the Boeing 737 MAX into service. Recently, Alaska Airlines has filed new plans to integrate its MAX fleet into service starting in March 2021. Alaska’s Boeing 737 MAX Routes Note that these filings are tentative and could be […]
Amid the recent ungrounding of the Boeing 737 MAX, many airlines are reinstating the service of their MAX fleets. Copa Airlines will be the latest airline to reintroduce 737 MAX service starting Jan. 4, 2021. Panama Recertification Panama’s Civil Aviation Authority is the latest to give the green light to the Boeing 737 MAX’s operation. […]
