TUI Group, owners of TUI Airways, has reported an increase in advance bookings for package holidays from the over-50’s demographic in the U.K. This confidence is being linked by TUI management to increased customer confidence as the Covid-19 vaccine rolls out across the U.K. City A.M. quotes TUI’s operations manager in the U.K. Andrew Flintham advising that, “Since the end of last year, bookings from this group (over 50’s) have accounted for 50% of all our web bookings, as customers…
Qatar Airways announced that it is likely to only bring back half of the A380s it has on its fleet once demand levels recover. This is five out of the 10 aircraft possessed by the Doha-based carrier At a CAPA live event held on Wednesday, January 13; Qatar Airways CEO…
The U.K. government has announced a new travel ban in response to a new variant of COVID-19. The new travel restrictions bar entry to the U.K. for passengers arriving from 16 countries, including many in South and Central America and Portugal from Friday 15 January at 4 a.m. The measures…
Delta Air Lines announced their fourth-quarter and full-year financial results, becoming one of their first airlines in the United States to do so. The Atlanta-based carrier posted a $1.1 billion loss, according to Generally Accepted Accounting Principles, in the final quarter of the year. For the calendar year, the airline…
The COVID-19 crisis remains a daunting obstacle for airlines. As a result, the airlines continue to constantly monitor travel demand and resume flight operations, accordingly. Also, airlines can allocate and shift their resources to accommodate the revised schedules and adjusted policies. Many major airlines must modify their route network and…
Congo Airways has confirmed a firm order placed for two Embraer E195-E2 jet airliners with the stage set for deliveries in early 2022. The order is accompanied by a mandatory down payment made by the Congolese government while the remaining balance of payments to be made at a later stage…
On Tuesday, New York-based Atlas Air Worldwide announced it had purchased four new Boeing 747-8 freighters. According to the carrier, the jets have been ordered to help the company meet growing cargo demand, especially as the e-commerce and express sectors skyrocket due to the coronavirus pandemic. Why the 747-8F? Atlas Air…
In a press release on Tuesday, Cargojet announced a $275 million equity offering aimed at growing the airline's cargo operations. A syndicate of underwriters has agreed to purchase 1,642,000 common voting and/or variable voting shares for C$213.25 per share. With the new offering, along with the over-allotment option provided by…
Norwegian Air has announced it is canceling its whole long-haul network and will look to focus on domestic operations within Norway and some European routes. A new business structure outlined by the company's Board of Directors has proposed a fleet of 50 narrowbody aircraft in operation for 2021, rising to…
United Airlines revealed Wednesday it is delaying its return to New York’s John F Kennedy International Airport (JFK) in an internal memo viewed, per Airline Weekly. The delay will last about a month, with inaugural flights to Los Angeles and San Francisco now scheduled for Feb. 28 instead of Feb.…
