Outlook

2024 is right around the corner and there are plenty of developments to keep an eye on in the commercial aviation sector.

While the passenger segment of the airline business continues to struggle with rebounding from the COVID-19 pandemic, Atlas Air’s parent company issued its second-quarter report today reporting a better than anticipated performance and signaling a very positive outlook for the year ahead. Atlas Air Worldwide Holdings, parent to Atlas Air, Polar Air Cargo, Southern Air, […]

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 […]

The dramatic drop in demand and the restrictions on international travel caused by the COVID-19 pandemic are devastating the finances of most airlines around the world. Carriers in the U.S. are receiving billions of dollars in grants and loans, Norwegian Airlines, Virgin Australia and South African Airlines are facing bankruptcy and other airlines like Alitalia […]