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Global Aviation Industry Could See Over 500,000 Job Losses in 2020

Over 350,000 aviation jobs have been cut over the past six months. Over 25,000 jobs are expected to cut through the end of the year, and an additional 95,000 jobs are in jeopardy, Crain’s Business reports, potentially putting aviation-related job losses around 470,000 or higher by the end of 2020. Around 220,700 jobs so far […]

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United Airlines Announces 16,000 Furloughs

United Airlines has become the latest airline to announce mass layoffs as it suffers from major financial losses due to the COVID-19 pandemic. While the airline has received payroll support from the CARES Act, the funding expires on Sept. 30, unless Congress can pass a second support bill. In July, the Chicago-based airline issued 36,000 […]

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Avianca Set To Receive Government Funding

After months of uncertainty regarding state support to commercial aviation, the Colombian government is lending up to $370 million to flag carrier Avianca to be used as part of the company’s restructuring process. The credit must be repaid before November 2021. The decision to grant funding was approved by Colombia’s treasury dependent Comité de administración […]

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Essential Air Service: What It Is and Why It’s Needed

Every year, people around the country pay their taxes and begin to complain about which government programs are necessary and which are not. And every year the same question comes up: why does the government shell out millions of dollars in federal aid to airlines in order to fly — in some cases empty aircraft […]

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Macau Aviation Industry Facing Severe Turbulence During Pandemic

According to Macau’s local media, Air China, the parent company of Air Macau, revealed Air Macau suffered a loss of $67.4 million in the first half of the year. The Macau-based carrier recorded a profit of $10.4 million in the same time last year. Earlier, Air China reported a loss of $1.38 billion as well. […]

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Qatar Airways Bets on Rwanda’s Newest Airport, National Carrier

Even as the pandemic continues to shake the industry to its core, construction of Rwanda’s largest airport, Bugesera International Airport, is still on course, and the airport is expected to open for business in 2022. The new airport’s construction of the new airport was prepared in 2010 and only got underway in 2017 before undergoing […]

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Emirates To Receive $2 billion State Aid Package

In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted to Emirates by Dubai’s government, which further reported in a document that it is ready […]

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Hawaiian Airlines Announces Furloughs

While leisure travel has had a slight increase in the United States over the past few months, one state and its main airline have not been able to see the same growth. Hawaiian Airlines has suffered since the beginning of the COVID-19 pandemic, following a lack of demand and strict lockdown rules and protocols enforced […]

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Analysis: U.S. Airlines Drop Change Fees

United Airlines announced over the weekend that it will permanently drop change fees on domestic flights in a move most likely intended to win over passengers while demand stays low amid the coronavirus pandemic. A day later, on Monday, American Airlines and Delta Air Lines followed suit and published press releases announcing major overhauls to […]

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