Tag: Airlines

Wizz Air to Stand Out and Take 15 New Airbus Aircraft in 2020?

Reading Time: < 1 minute While aviation is in its worst crisis, while hundreds of aircraft are parked on the runways for indefinite time, while airlines are sending older plane types into early retirement, some airlines are still determined to stick to the aircraft delivery schedules. One of such carriers seems to be Wizz Air. According to Bloomberg, one of […]

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 […]

IATA Estimates This Gravest Crisis Could Cost Aviation $252 Billion

Reading Time: < 1 minute On 5 March, 2020, the International Air Transport Association (IATA) projected that the crisis caused by the coronavirus will cost the industry a $113 billion revenue loss. On 24 March, 2020, the updated analysis revealed new numbers: $252 billion hit or 44% below 2019’s figure. The initial forecast was made in light of some travel […]

Emirates Temporarily Suspends All Passenger Flights

Reading Time: < 1 minute Emirates, one of the biggest and most distinctive airlines, has announced that it takes tough measures in response to the coronavirus and suspends all passenger operations until 25 March, 2020. Since the outbreak of the coronavirus began, the airline has been changing its services in accordance with regulatory directives and demand for travel. However, new […]

Game of Slots: Why Are Airlines Operating ‘Ghost Flights’?

Reading Time: 2 minutes In light of sharp decrease in air travel demand, recently the sky has been full of empty or nearly empty aircraft still operating on their routes. These flights are also referred to as ‘ghost flights’. What do you know about this phenomenon? As the name ‘ghost flight’ suggests itself, these are the flights without passengers […]

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 […]

China Offers Airlines Financial Support amid COVID-19 Outbreak

Reading Time: 2 minutes On March 4, 2020, China’s Ministry of Finance (MOF) and the Civil Aviation Administration of China (CAAV) jointly issued a notice on offering financial support to airlines amid COVID-19 outbreak. As per the notice, direct cash incentives will be poured into supporting domestic and foreign carriers which operate international flights to/from China, in an effort […]

Moldovan Start-up HiSky Set to Enter Small but Crowded Market

Reading Time: 2 minutes With its Airline Operator’s Certificate (AOC) pending, Moldovan start-up low-cost carrier (LCC) HiSky is to launch operations from April 10, offering direct scheduled low-frequency services from the nation’s Chisinau capital to six destinations in Europe: London Stansted, Dublin, Lisbon, Paris Beauvais, Bologna and Dusseldorf. On all of its announced routes, except Dusseldorf, the airline is […]

Coronavirus Declared International Concern Over Global Outbreak

Reading Time: 5 minutes UPDATED 31 January, 2020, 1:48 pm (UTC +2) The novel coronavirus has been announced to be a public health emergency of international concern over the global outbreak by the World Health Organization (WHO). The disease was declared a threat on the international level due to the cases of the virus springing up in other countries […]

Another Attempt to Build an Airline on the Remains of WOW Air

Reading Time: < 1 minute Talks about the revival of WOW Air have been continuing since March, 2019, since the airline went bankrupt. Currently, the latest information provides that there is the second attempt to bring back to life at least something of WOW Air. Although this time under the new name: PLAY. Some time ago it was announced that […]