coronavirus

Aircraft Storage Lead to New Issues

The COVID-19 pandemic has forced airlines around the globe to put thousands of aircraft into long-term storage. As demand slowly returns, these aircraft will be brought back into service. Both the process to store and return an aircraft to service is a laborious one. Through inspections are required of the stored aircraft, and with an […]

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Southwest Airlines Will Not Furlough Workers On Oct. 1

Southwest Airlines has announced it will not furlough or lay off any workers on Oct. 1, the first day it is allowed to per its CARES Act terms. Company CEO Gary Kelly made the announcement on Friday in a letter seen by AirlineGeeks. Kelly’s letter was cautiously optimistic, committing to keep employees working while reminding […]

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Wexford Capital Acquires Bankrupt Via Airlines, Set To Launch New Carrier

Wexford Capital, a Florida-based investment firm, announced that it and some of the firm’s partners received bankruptcy court approval to reorganize and acquire Via Airlines, a regional airline based in Maitland, Florida. The court’s approval will allow Via to relaunch flight operations when approved by the U.S. Department of Transportation (DOT) and recertified by the […]

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American Airlines, Southwest Airlines Report $2.1 Billion, $915 Million Losses

The final two of the U.S.’s four largest airlines to report second quarter earnings released their figures before market open on Thursday. Fort Worth, Texas-based American Airlines announced a $2.1 billion net loss on the back of $1.6 billion in revenue. Southwest Airlines, headquartered at Love Field Airport in neighboring Dallas, posted a $915 million […]

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Taking Off During a Pandemic: Nolinor President Discusses New Airline

North America currently has the highest death toll of airlines lost to the pandemic. U.S. regional carriers Compass Airlines and Trans States Airlines have both shut down as a result of weakened demand caused by COVID-19. On the other hand, the continent is also home to the world’s newest airline brand and the first to […]

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Virgin Atlantic Resumes Flying

Virgin Atlantic resumed passenger flights on July 20, ending a three-month hiatus caused by the coronavirus outbreak. The first flight was London’s Heathrow Airport to Hong Kong. The first service, operated by a Boeing 787-9 aptly named Leading Lady, had special measures implemented to ensure that passengers can fly safely. These included mandatory face masks and […]

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United Reports $1.6 Billion Second Quarter Loss

Chicago-based United Airlines released its second quarter earnings report on Tuesday afternoon, announcing a $1.6 billion net loss on approximately $1.5 billion in revenue. The revenue figure, which comes on the back of an 87.8% drop in total capacity, is 87.1% less than revenue in the second quarter of 2019. With its announcement Tuesday, United […]

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India to Launch ‘Air Bubble’ Flights to U.S., UAE, France, Germany

India has signed bilateral flight agreements with the U.S. and France, under which airlines of each country will be allowed to operate international flights to and from India starting on Friday. “Air bubble arrangements with the U.S., the [United Arab Emirates], France & Germany are being put in place” by India’s government while similar arrangements […]

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WestJet Announces Schedule Expansion for August

As the summer travel season moves forward, Canada’s WestJet is expanding its August schedule and continuing its flight operations for July. The Calgary, Canada-based carrier plans to add more than 200 flights to 48 destinations across Canada and beyond. Even though there seems to be no end in sight for the global pandemic, the airline […]

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Continuously Delayed, Brazil’s Aid Package Now Expected In September

As Brazil’s domestic COVID-19 pandemic turns five months old, the largely-awaited government relief package to airlines is still a big question mark for investors and industry executives alike. While conditions of the aid are still a topic of discussion between the government and airlines since the beginning of the demand crash, Bloomberg, via UOL, has […]

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