Tag: air travel

Airlines May Burn Through $61 Billion Cash Reserves in Q2

Reading Time: < 1 minute The International Air Transport Association (IATA) is further estimating the losses global airlines will suffer due to grave impact of the coronavirus on air travel. According to the recent analysis, airlines may collectively burn through $61 billion of their cash reserves during the second quarter of 2020, where quarterly net loss could result in $39 […]

Austrian Airlines to Temporarily Cease Its Flight Operations

Reading Time: < 1 minute Austrian Airlines, the flag carrier of Austria and an airline of the Lufthansa Group, has announced that starting 18 March, 2020, it will temporarily stop its regular flight operations. Reacting to just initial consequences of the coronavirus spread forcing numerous counties to close their borders, Austrian will cancel all its flights up until 28 March, […]

Massive Losses Ahead: Finnair to Cut Its Normal Capacity by 90%

Reading Time: < 1 minute Finnair, the flag carrier and largest airline of Finland, has announced that it will drastically cut capacity by 90% in alignment with a critically low demand impacted by the coronavirus. As of 16 March, Finnair said it has immediately started reducing the number of flights to gradually cut the capacity by 90% until 1 April, […]

Air France Grounds Airbus A380s and KLM Boeing 747s

Reading Time: < 1 minute Adapting to the quickly changing situation on the air travel market due to the outbreak of the coronavirus, Air France-KLM Group has announced implementing major flight reductions, FlightGlobal reports. Home countries of both KLM and Air France have not imposed border controls and air traffic is still allowed to and out of both the Netherlands […]

Turkey Bans Flights to and from Nine European Countries

Reading Time: < 1 minute Turkey is one of the latest major countries which announced about the outbreak of the coronavirus. In order to prevent the virus from spreading, Turkey has announced that it suspends flights to and from nine European countries. The list of affected countries includes Germany, France, Spain, Norway, Denmark, Austria, Sweden, Belgium and the Netherlands. This […]

airBaltic to Temporary Halt All Its Flights until 14 April

Reading Time: < 1 minute UPDATED 16 MARCH, 2020 Due to the fact that the Republic of Latvia decided to close its borders and limit air traffic in order to contain the spread of the coronavirus starting 17 March, airBaltic will temporary suspend all its flights from 17 March to 14 April inclusively.  The airline, therefore, has offered some additional […]

Nowergian to Halt Over 4,000 Flights and Cut up to 50% of Staff

Reading Time: < 1 minute Norwegian, a low-cost carrier and Norway’s largest airline, has joined the army of airlines battling with dramatic decline in travel demand amid the global coronavirus outbreak. The operator has announced that it cuts over 4,000 flights by grounding 40 per cent of its long-haul fleet and cancelling up to 25 per cent of its short-haul […]

Qantas Grounds Eight Airbus A380s, Delays A350 XWB Order

Reading Time: 3 minutes It is hard to recall the times when the fear of air travel was spreading like wildfire through the whole globe as it is doing right now. And we do not talk about those suffering from aerophobia. This is the novel coronavirus which makes passenger numbers drastically decline. In some cases these are governmental decisions […]

Extreme Weather to Increase Demand for Private Aviation

Reading Time: 3 minutes Unfavorable weather is hitting stronger and more frequently than ever in all corners of the world. If climate change is a natural process or manufactured by humans or even a mixture of both, the truth is this fluctuating environment is making us create news ways to deal with nature due to recurrent extreme natural events […]

8 Reasons to Charter a Private Jet on Your Next Trip

Reading Time: 2 minutes Every day, millions of people around the world rely on planes to take them to their destinations. Air travel is by far the fastest and the most efficient mode of long-distance transportation available to us today, but you have to admit that it has plenty of drawbacks. Crowded airports, delayed flights, and the often-sub-par in-flight […]