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American Airlines Earnings Show Hope for New Strategies

Fort Worth, Texas-based American Airlines reported earnings for the third quarter on Thursday morning, announcing a net loss of $2.4 billion on the back of $3.17 billion in revenue, a 73% revenue decrease from the same period in 2019. The company’s stock dropped in early trading on Monday as the airline also said it would […]

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Singapore Airlines Launches Non-Stop Flight to New York

Singapore Airlines has announced its intentions to launch one of the longest non-stop flights in the world: it will return to New York’s John F. Kennedy Airport starting on Nov. 9. Flights from Singapore begin Nov. 9 and return flights will start on Nov. 11 from New York. Each flight will operate three times per […]

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Safe Travel Zone Prompts Quarantine-Free Flights to Australia

A glimmer of hope for a return to some kind of normality in the Trans-Tasman aviation market came a few days ago on Oct. 16, when Air New Zealand and Jetstar started operating flights under the new “Safe Travel Zone” agreed to by the Australian and New Zealand governments. At the beginning of October, the […]

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United Boosts Mexico, Caribbean Winter Flying

United Airlines has announced a significant expansion for its winter international schedule including the addition of seven new routes to the Caribbean, Central America and Mexico. The airline has aimed the expansion at vacationers looking to get away to warm leisure destinations during the winter season. The Chicago-based carrier has also announced additional services on […]

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JetBlue Adds New Seasonal Winter Routes

While some carriers dig into existing markets for travel demand during the COVID-19 pandemic, many carriers are exploring new routes in attempts to capture whatever demand for travel exists. Across the world, the most aggressive recent expansion has been seen by low- and ultra-low-cost carriers. JetBlue has broken this trend recently with numerous new route […]

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Copa Progressively Increasing International Operations

Copa Airlines announced its first increase in international operations since November. The carrier plans to connect Panama City, Panama with 35 destinations all over America. The destinations span over a dozen countries from South America, North America and Central America. As the world economy continues to reopen, ALNNEWS highlighted the reliable track record of Copa […]

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United Lowers Cash Burn Rate in Third Quarter Earnings Report

United Airlines on Wednesday became the second major U.S. carrier to report its third-quarter earnings, missing Wall Street’s expectations with a net loss of $1.8 billion on the back of $2.49 billion in revenue for the period ending Sept. 30. The airline maintained a veil of optimism, however, as it said it had seen success […]

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Delta CEO Says Airline is Looking to 2022, 2023 for Recovery

Atlanta-based Delta Air Lines reported a nearly $5.4 billion net — after-tax —loss in the third quarter on Tuesday morning as the airline became the first major U.S. carrier to release figures for the period. This came even as the airline has continued to work to lower cash burn and operate more efficiently across its […]

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American Airlines Halts Routes After CARES Expiration

American Airlines has announced drastic service cuts for the month of November. Bookings for the month are sitting at around a quarter of where they were last year, and American — along with the other two legacy carriers in the U.S. — has been forced to drop unprofitable routes. The announcement is highlighted by American’s […]

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Avianca Holdings Receives US Court Approval to Access $2 Billion in Financing

Avianca Holdings announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York to access its Debtor-In-Possession (DIP) financing totaling just over $2 billion. “The approval of the DIP financing package is a significant milestone and an important step forward for Avianca. We would like to again thank […]

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