Qatar Airways published its 2019-2020 annual report on Sunday, in which it reported that the airline recorded a loss of $2 billion for the period from April 1, 2019 to March 31. The combination of the current airspace blockade against the Qatar, the liquidation of Air Italy, changes in accounting policy and reporting standards and the COVID-19 pandemic crisis were among the most important factors leading the Qatar Airways Group to report a net loss of 7 billion Qatari rials…
In a time of bad news and a gloomy industry outlook, new announcements have been relatively short to come by. JetBlue has become the latest airline to make a new announcement, this time featuring their newest livery, confirming their newest destination, and announcing expansion plans out of Hartford, Connecticut. JetBlue's…
Due to COVID-19, the interconnected world has become significantly less connected. Many airlines have either stopped international flying entirely or are operating on greatly reduced schedules. Many countries have closed off borders to everyone except their citizens and residents greatly impacting leisure travel. It’s not easy for people to return…
Another day, another rumor that Africa's largest carrier Ethiopian is considering ways to potentially offer support to the insolvent South African Airways with sources familiar with the matter citing talks between Ethiopian Airlines Group eyeing stakes are already in place with the South African government. The long-rumored potential tie-up between…
In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted to Emirates by Dubai's government, which further reported in a…
While business travelers remain grounded, vacation-goers in the U.S. and abroad are slowly returning to the skies. In preparation for the upcoming winter season, airlines are pivoting their schedules to adapt to adjusted leisure demand that is anticipated. American Airlines is the latest U.S. carrier to adopt its schedule to…
While an eventual date for an airline bailout package in Brazil approaches, at least one airline is still reviewing whether such a package would be worthwhile or not. This is what John Rodgerson, CEO of Azul, told Reuters this Friday. The airline was the third-largest by domestic traffic in Brazil before…
In a newly released data, the International Air Transport Association (IATA) has expanded on the coronavirus' impact on Africa's aviation industry, which has continued to worsen sharply since the previous assessment in April, per a video released on the body's social media. IATA's earlier estimate was that the continent would…
The COVID-19 pandemic has instilled a lot of uncertainty these days when it comes to the resumption of air travel. Airlines are drastically cutting back fleets and retiring aircraft every day. Long haul flying is going to look very different as it starts to return. However, one carrier is trying…
This week marks the 35th anniversary of the deadliest single aircraft accident in aviation history. Japan Airlines flight 123, a B747 flying from Tokyo’s Haneda Airport to Osaka International Airport, crashed 32 minutes after departure near Mount Osutaka in Japan, killing 520 people. All but four passengers were lost in…
