Last week Singapore Airlines posted the first full-year loss of its almost 50-year history amid a collapse in demand due to the COVID-19 pandemic and some heavy losses on its fuel hedging policy. The airline recorded a net loss of 212 million Singapore dollars ($149.1 million) for the fiscal year ending on March 31. This compares to a 683 million Singapore dollar profit for the previous 12-month period. On March 24, the small country of Singapore prohibited all short-term visitors…
Aviation has long been the target of climate advocates who say that the industry, which contributes significantly to greenhouse gas emissions blamed for climate change fears, has not taken enough precedent to reduce emissions and fight the climate crisis. Now, it will be easier for airlines to cut their emissions…
While it may not be top of mind to industry outsiders, flight planning in aviation is virtually an art of its own. It's where it all starts, sometimes even hours before the flight itself. While the subject may seem 'under the radar', it is without a doubt one of the…
With plans to celebrate its 100th anniversary in 2019, British Airways has begun planning events focused on the future of flying, with particular emphasis on sustainable fuels. In collaboration with Cranfield University, British Airways has created a challenge, which has been dubbed as "BA 2119: Future of Fuels", with plans…
Dubai-based Emirates announced that its half-year profits suffered an 86 percent drop on Thursday. The news comes after the carrier, one of the largest in the Middle East, was hit by sudden hikes in oil prices. With fuel costs making up a third of the airline’s expenses and rising by…
European regional airline Flybe took a beating recently over a revised revenue forecast worth 40 percent of the company’s value in trading on Wednesday. The airline expects a drop in revenues over the next six months due to falling consumer demand. This worsens the airline’s expected losses for the year…
Much to the dismay of environmentalists, the International Civil Aviation Organization (ICAO), an agency of the United Nations, came to an agreement to declare fossil fuels as “green alternative fuels” to help reduce carbon emissions by the global aviation industry. The agreement is a real head-scratcher for most, requiring a…
The aviation industry is known for having high costs. Multi-million dollar machines fly across the world carrying passengers seeking a bargain. It’s hard to run a consistently profitable airline when so many factors impact profitability; competitors could be waging a fare war, geopolitical events can be killing demand, or the…
In a ceremony held on Wednesday at Embraer's facility in São José dos Campos in Brazil, Norwegian airline Widerøe accepted the first produced Embraer E190-E2 aircraft, the newest family that the Brazilian aircraft builder is developing. The aircraft type is part of a reimagined version of its current E-Jet fleet,…
Just three days after the aircraft was cleared for commercial operations by the Federal Aviation Administration (FAA), United Airlines announced its initial routes for the carrier's newest single-aisle addition, the Boeing 737 MAX 9 aircraft. The announcement comes after an exciting month for Boeing, first with the unveiling of the…
