News

In response to the low infection rate of COVID-19 in Hong Kong, Hong Kong Airport is loosening its travel restrictions and resumed airport transit services on June 1. The main travel restrictions, however, remain unchanged. Foreigners coming from overseas countries by plane are still banned from entering the city while non-Hong Kong residents arriving from […]

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 […]

Eastern Air Lines, once a brand synonymous with luxurious air travel in the 1950s, fell on hard times in the 1990s and eventually closed its operations. An attempt to relaunch the the iconic brand in 2015 failed but a third attempt hopes to find a niche in flying in underserved markets. In January 2020, Eastern […]

Lockdowns around the globe have created an increase in demand for shipping. The increase in demand in cargo is contrary to the drastic and dramatic drop in passenger demand as well as commercial flights. The reduction in passenger flights has lead to a drop in capacity for cargo as well. In response, passenger airlines have […]

Not long after reports alleging that Emirates considered massive layoffs, the world’s biggest long-haul airline announced that they had to begin axing up jobs due to pandemic-related financial impacts. The company was said to be considering a plan to cut around 30,000 jobs — reducing the number of employees by around 30% — just two […]

LATAM Airlines Group’s recent Chapter 11 bankruptcy filing — precipitated by the need to restructure in the midst of the massive industry shock caused by COVID-19 — will likely affect the government bailout expected to go to its Brazilian branch, Reuters reported this Friday. According to the news agency, the bailout is likely to be pushed […]

The government of Iceland has announced that it expects to start easing restrictions on international arrivals no later than June 15 with the condition that arriving passengers go into a two-week quarantine upon entry, undergo a coronavirus test or have a clean bill of health from their country of origin before they can go about […]

The Boeing Company announced it will resume limited production of its 737 MAX aircraft in Renton, Wash. while also advising it will need to involuntarily lay off 6,770 employees to offset the economic impact of the coronavirus on the worldwide airline industry. David Calhoun, Boeing’s Chief Executive Officer (CEO), stated in an internal memo to […]

In a trading statement on capacity, fleet & cost structure plans released on Thursday, European low-cost airline easyJet announced that it will look to reduce at least 30 percent of its 15,000 employees in an attempt to battle the financial challenges caused by coronavirus pandemic. The boss of easyJet, CEO Johan Lundgren, said, “We realize that […]

Amidst COVID-19 and its effects on many industries in the economy during this time period, around the world, the aviation industry has been one of the top sectors that are deeply affected by the global pandemic. Many major U.S. airlines are attempting to rebound, through modified cleaning procedures, more flexible fare policies and seat distancing […]