With uncertainty remaining over when – or if – travel demand will make a full-fledged recovery from the coronavirus pandemic, two of Japan's major airlines are positioning themselves to take advantage of any upturn with a punt on low-cost services, per Kyodo News. As leisure demand is expected to have…
After being announced as the new CEO and Executive Director of the Latin American and Caribbean Air Transport Association CEO, José Ricardo Botelho, announced that airlines operating in the Latin American and Caribbean market transported 1.08 million passengers in April, 97% less compared to April 2019, the last time 1…
The Lufthansa Group on Monday announced its subsidiary airlines were the next in a long list of carriers from around the world to be adversely affected by the increasing numbers of low-cost carriers. The group announced it expected its margin on earnings before interest and taxes (EBIT) to hover between…
