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COVID-19 Continues to Alter Growth for African Airlines

The International Air Transport Association (IATA) has reported a gloomy-looking revenue loss of approximately $113 billion caused by the spreading virus that has so far affected air travel in more than 80 countries. Airlines directly associated with China are expected to record a combined $29.3 billion in lost revenue, 21 percent far much greater than […]

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European Airlines Cancel Flights to Italy

The United Kingdom flag carrier British Airways has decided to cancel all flights to and from Italy until at least April 4. This follows the decision by the Italian government to implement a country-wide lockdown, affecting all 60 million residents. Italy has seen around 9,000 cases of the COVID-19 with around 450 deaths so far, […]

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Korean Aviation Faces a Critical Moment Amid the Virus Outbreak

After three months of the Coronavirus outbreak, South Korea became one of the most affected countries outside China. According to the Korea Civil Aviation Association, the international passenger volume dropped 65 percent in the last week of February. The figure showed the passenger volume to China dropped by 85 percent, meanwhile, the Japanese and Southeast […]

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Qantas Announces Measures to Reduce Impact of Coronavirus

Australian flag carrier Qantas has announced what actions it will take to mitigate the business impact due to the COVID-19 Coronavirus and the subsequent global drop in demand in travel bookings. The airline group will see cuts to its international flying program with a reduction in capacity by around 25 percent for the next six […]

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LATAM Airlines Group Reports $190 Million Net Income in 2019

LATAM Airlines Group, Latin America’s largest airline, presented its financial results of the fourth quarter and full year of 2019 last week. The group had its fourth consecutive year of positive results, registering a USD $190 million net income. This represents a reduction of 38.5 percent over the numbers of 2018, when LATAM had a […]

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Lufthansa Grounds Airbus A380 Fleet

German flag carrier Lufthansa has announced that it will ground its entire Airbus A380 fleet in response to dwindling demand caused by coronavirus fears. The grounding game soon after Lufthansa Group announced that it is reducing capacity by up to 50 percent in the coming weeks due to the effect coronavirus has had on bookings. […]

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Lufthansa Reduces Flights By 50 Percent

The Lufthansa Group has announced that it will reduce its current flight schedule by up to 50 percent, in response to the spread of the Covid-19 virus. The airline is also contemplating grounding its fleet of 14 Airbus A380 aircraft. The reduction in flights will come over the next few weeks and will affect all […]

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