United Airlines recently announced a leadership reshuffle that appears to play to the strengths of several key leadership personnel. This comes at a time when the industry is dealing with significant challenges due to a sudden return to travel that many airlines were unprepared for. United has done a relatively…
KLM Royal Dutch Airlines completed the repayment of the last part of the loan it had agreed with the Dutch State and private banks in 2020. With the repayment of 277 million euros, the Netherlands’ largest airline finally returned the amount received as part of the aid package to cope…
Aeromexico recently confirmed it would not operate from Mexico City's brand-new Felipe Ángeles International Airport, after much speculation whether the Mexican flag carrier would operate from the capital's newest airport once it opens in early 2022. The airline advised its decision was firm and that it would instead focus its…
Indonesian national carrier Garuda Indonesia may be forced into bankruptcy as it faces growing debts after months of financial difficulties due to the impact of Covid-19. The Indonesian government in response has prepared Pelita Air Service, a subsidiary of Indonesia's Pertamina, a state-owned oil giant, to take over domestic flights…
The government is reportedly preparing Pelita Air Service to replace the state-owned airline Garuda Indonesia. Garuda Indonesia is facing the threat of failing to restructure after incurring debt whose value is said to have exceeded Rp 70 trillion. PT Pelita Air Service (PAS), an airline owned by PT Pertamina (Persero)…
Japan Airlines has announced temporary changes to its domestic network in response to the Japanese government's efforts to contain COVID-19 in the country. Japan Airlines Group, the airline's parent company, is expecting a slight decline in travel demand next month in response to the rising number of Covid-19 cases reported…
The aviation industry continues its pursuit towards addressing air pollution and minimizing the carbon footprint, in a time when businesses and enterprises are being urged to formulate energy-efficient and sustainable initiatives to address climate change. Major airlines and aircraft manufacturers proposed commitments and projects, which specific agencies within national governments…
As the coronavirus pandemic is reshaping the commercial aviation industry, airlines are taking all measures necessary to weather the storm and survive this unprecedented crisis. During difficult times like these, more than ever cash is king, so all carriers have launched a series of initiatives to improve their cash position…
Just days after announcing they would be indefinitely suspending all operations, El Al Israel Airlines agreed to become nationalized. This development is part of a plan regarding a bailout for the airline that has had significant financial struggles due to the COVID-19 pandemic. The Israel-based carrier and its controlling shareholder…
