The ongoing, lengthy Covid-19 pandemic has posed a significant obstacle for the airline industry, as at the peak of the of its effects, several major carriers faced major disruptions in their flight operations. Many airlines faced a major decline in passenger load factors, leading to a large reduction in flight frequencies and a substantial increase in route suspensions, which inhibited growth in route networks. However, the push for vaccinations and further scientific research in combating Covid-19 has led many carriers…
The aviation industry is often misportrayed as a major contributor to air pollution, although global travel contributes approximately 2% of CO2 emissions, but is still defined as not environmentally friendly or sustainable, within itself. The largest, prominent issue facing airlines right now is the continuation of using traditional fossil fuels,…
The transatlantic air travel corridor between the U.S. and Europe continues to be known for its reputation of being cutthroat and popular as the demand for long-haul air travel surges. Several major airlines inaugurate new routes while firmly resuming flights on key routes across the pond to attract as many…
The summer travel season has reached its peak, and several countries already reopened their borders with relaxed entry requirements and have eased Covid-19 mandates. As a result, several major airlines have revived key routes and unveiled new flight operations to recapture as much of the market as possible since the…
The United States and Argentina yesterday ratified a new amendment to the bilateral 1985 Air Transport Services Agreement immediately lifting previously established reciprocity restrictions. The new agreement between U.S. Secretary of Transportation Elaine Chao and Argentinian Minister of Transportation Guillermo Dietrich liberalizes the U.S.-Argentina to the extent that any U.S.…
The British government this week announced a new bilateral Open Skies aviation agreement with the United States, concluding a protracted process and giving a degree of certainty to U.K. carriers of a continuation of operations between the two countries post-Brexit. The agreement will not replace the current Open Skies agreement…
Wednesday marked the start of a new joint venture between Air China and Air Canada, two national carriers on opposite ends of the Pacific Ocean. The signing took place in Beijing, Air China's home base, and signifies the start of greater cooperation between the two airlines. According to a NASDAQ press…
Japan Airlines has announced that it will be expanding its existing codeshare agreements with Alaska Airlines and Qatar Airways, allowing customers of all airlines to have more access to cities that the airlines serve around the world. The Japanese flag-carrier first entered into the codeshare agreement with Alaska Airlines in June…
