Once again, airlines across the globe are facing stiff headwinds, this time due to the current COVID-19 pandemic. Travel bans and general health fears have driven customers away forcing airlines to reinvent themselves to keep the lights on. Government stimulus monies often come with restrictions and limitations and do not offer long term solutions. Meant as a financial bridge to when airline customers return, airlines are now looking at ways to maintain financial viability for when the industry recovery takes…
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 release their first-quarter earnings this week. United Airlines' numbers first…
When Lufthansa began flights to San Jose, Calif., the carrier knew it had to do something unique to celebrate the newly established connection to the tech-focused Silicon Valley region. As airline officials began brainstorming how to mark the new service, the team wanted to create something innovative that no one…
The International Air Transport Association (IATA) is holding its Annual General Meeting and World Air Transport Summit (WATS) in Sydney, Australia this week. At a presentation on Monday, IATA Director General and CEO Alexandre de Juniac detailed a summary of the state of the airline industry in 2017 with the…
The International Air Transport Association (IATA) has just elected Qatar Airways' Chief Executive, Akbar al-Baker, as the new chairman of the board, effective June 2018. Akbar al-Baker will take over from current chairman, Goh Choon Phong, current Chief Executive Officer of Singapore Airlines on the rotating one-year term position. Akbar…
