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IATA Predicts European Airline Revenue Losses of $89 Billion

The International Air Transport Association (IATA) has predicted that European airlines will see demand drop by 55 percent in 2020 compared to 2019 and potential revenue losses will total $89 billion. The association revised its loss prediction of $76 billion…

airBaltic Plans to Accelerate A220 Deliveries

Latvia's airBaltic has begun talks with Airbus to accelerate deliveries of Airbus A220 airplanes that the airline has on order. airBaltic currently has an order of 50 planes set to be delivered by 2025, but the delivery timeline could condense…

Lufthansa Group Notes End of Repatriation Flights

Lufthansa Group has announced the conclusion of its repatriation flight program in the wake of the COVID-19 fallout. The multi-national, German-owned flag carrier has seen the over month-long program bring roughly 90,000 passengers back to Central Europe onboard on of…

Eurocontrol Highlights Extent of European Capacity Cuts

European air traffic management (ATM) organization Eurocontrol is reporting a weekly average decline in year-on-year movements close to 90 percent in the region. The body which acts as a support for both civil and military use of European airspace has…

COVID-19 Bailout Last Straw for South African Airways as Government…

While other airlines around the globe are receiving cash infusions to keep themselves afloat, the government of South Africa has decided to take the opposite approach. The government has opted to deny future funding for the flag carrier in a…