April 25, 2020 2:10 pm ET
April 24, 2020 3:01 am ET -
IATA Predicts European Airline Revenue Losses of $89 Billion
The International Air Transport Association (IATA) has predicted that European airlines will see demand drop by 55 percent in 2020 compared to 2019 and potential revenue losses will total $89 billion. The association revised its loss prediction of $76 billion…
April 24, 2020 2:54 am ET -
Turkish Airlines Draws National Flag to Honor Grand National Assembly
Turkish Airlines has drawn a flag in the sky to honor the 100th Anniversary of the Grand National Assembly. The flag was drawn by TC-JJF, a Boeing 777-300ER, which took off from Ankara's Esenboğa Airport on April 23 at 9:40…
April 23, 2020 5:00 pm ET -
Looking At the First Half of Major U.S. Airlines’ Earnings
This week marks one of the first opportunities American investors and the public will have to see just how the airline industry is suffering as a result of the COVID-19 pandemic. The four largest U.S. carriers are all set to…
April 23, 2020 4:48 pm ET -
Wizz Air CEO Confident About Post-Crisis Outlook
The dramatic drop in demand and the restrictions on international travel caused by the COVID-19 pandemic are devastating the finances of most airlines around the world. Carriers in the U.S. are receiving billions of dollars in grants and loans, Norwegian…
April 23, 2020 4:28 pm ET -
Lufthansa Group Moves Forward With Passenger-to-Freighter Conversions
Lufthansa Technik, the MRO division of Lufthansa Group, obtained approval from the German Federal Aviation Authority for an Engineering Order Specific Tailsign for four Airbus A330-300 passenger aircraft belonging to Lufthansa. These aircraft will be put to service in the…