As airlines deal with a sharp decline in air travel demand and closed borders, they are becoming creative in finding new ways to keep their aircraft flying. On March 26, Aegean Airlines temporarily suspended its international network until April 30 in an effort to preserve the sustainability of its operations. The airline will maintain several weekly flights between Athens and Brussels in the meantime to maintain Greece’s connectivity with the E.U.’s administrative center. Additionally, Olympic Air, Aegean’s subsidiary, has committed…
Chile born SKY Airline has announced it will be temporarily suspending operations from March 25 to April 30 due to a significant slump in demand as governments throughout the region implement travel restrictions to slow COVID-19s contagion curve and passengers suspend short term travel. The news was first reported by…
German flag carrier Lufthansa has announced that it will ground its entire Airbus A380 fleet in response to dwindling demand caused by coronavirus fears. The grounding game soon after Lufthansa Group announced that it is reducing capacity by up to 50 percent in the coming weeks due to the effect…
Earlier in 2019, the flag carrier of Ireland, Aer Lingus, began a brand refresh, switching to a Euro-white livery. The airline is repositioning itself as the best way to get to Ireland and also as a gateway to the rest of Europe. The rebrand has changed just about every facet…
With big plans for Africa, startup carrier Green Africa Airways has continued to push for expansion plans with a memorandum of understanding with aircraft manufacturer Airbus for 50 A220-300 aircraft. The airline sees the aircraft as part of its expansion plans and will use it to grow its fleet. This…
Aegean Airlines made headlines in 2018 when it announced the largest private investment ever by a Greek company with Airbus to renew and grow its fleet. After celebrating 20 years of operations in 2019 and ending the year with record-breaking passenger figures, Aegean Airlines took delivery of three brand new…
Ultra-low-cost carrier Allegiant has announced yet another round of expansion plans, this time announcing nine new routes with a focus almost entirely on the U.S. West Coast. The city that will receive the largest increase in destinations is San Diego with six new destinations. The carrier will begin service from…
The long-running probe into Europe’s largest aerospace manufacturer has come to an end and it’s not looking good for Airbus. The European manufacturer has been ordered to pay a record $4 billion to settle allegations of widespread illicit payments to middlemen across the world in countries such as China, South…
Hawaiian Airlines, owned by Hawaiian Holdings Inc., has posted a strong fourth quarter financial report for 2019, recording a $49.7 million net income, $18.1 million gain compared to the same period in 2018 with a net income of $31.6 million. The pre-tax margin was recorded at 9.6 percent, 3.6 percent…
South African Airways is putting up some of its widebody Airbus A340-600 aircraft up for sale in order to accommodate some of the newer Airbus A350-900s being added to its fleet. The Johannesburg-based airline has found it necessary to sell its older Airbus aircraft to accommodate the new models with…
