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 push to get the airline to move towards profitability. South Africa instead wants the airline to look at alternative and available resources with ways to stay afloat. The airline has had a rough track record and the recent events have…
Boeing lost 150 orders for its 737 MAX aircraft in March, the carrier announced on Tuesday. The drastic fall in orders comes as airlines continue to suffer, some completely halting flights as worldwide demand approaches zero. Now more than a year into its grounding after a March 2019 crash —…
Cargo business now seems to be the new normal for airlines trying to navigate this COVID-19 pandemic now that there is reduced passenger demand, with Ethiopian Airlines now seemingly headed in the same direction to ensure its survival having lost $550 million between January and April. The airline CEO Tewolde…
LOT's parent company Polish Aviation Group (PGL) has decided not to buy German holiday company Condor, a move that brings no real surprise following the impact the COVID-19 pandemic has had so far on the aviation industry. The state-owned group had announced its intention to buy Condor for around €300…
The COVID-19 pandemic has dramatically reduced travel demand across the United States and throughout the world. Recently the United States has seen record low numbers of passengers traveling with passenger counts nationwide dipping below 100,000 earlier in the week. In response to this dramatic drop in demand, airlines have been…
Belgian flag-carrier, Brussels Airlines, and Air Belgium have both announced extensions to their entire flight suspensions in light of the unsolved situation with the new coronavirus pandemic. Brussels has extended its grounding until at least May 15. Air Belgium has extended its suspension even further; light operations won’t restart before…
This week, UPS Airlines announced that it will operate 25 charter flights as part of "Project Air Bridge." Project Air Bridge was launched by the United States Federal Emergency Management Agency (FEMA) on March 29, 2020. Its purpose is to expedite the delivery of medical supplies and personal protective equipment…
In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control? When demand started falling off a cliff,…
VistaJet executive Thomas Flohr believes that there will be a “significant rebound” in the aviation industry in the second quarter, especially towards May or June, as borders around the world slowly begin to open up as the Coronavirus subsides. Flohr says that his company, which primarily charters business travelers, would…
The U.K. government has supported action by European authorities to allow airlines to defer the payment of charges for air navigation services. This will include charges for both the U.K. and European airspace being deferred for up to 14 months for the period between February to May 2020. According to…
