Category: AIRLINES & AIRPORTS

Qantas Plan: 6,000 Job Cuts, Retirement of All Boeing 747s

Reading Time: 2 minutes Qantas Group has announced its three-year plan aimed at recovery from the crisis with increased flying and new opportunities. In fact, the immediate strategy consists of the three main phases: rightsize, restructure and recapitalize. In order to save enough cash and secure sufficient liquidity to go through the times still filled with great uncertainty, Qantas […]

Delta to Become First US Carrier to Re-Start Services to China

Reading Time: < 1 minute After a period of temporary suspensions, US is about to reinstate air connection with China. On 25 June, Delta will re-launch its service between Seattle and Shanghai-Pudong via Seoul-Incheon, operating twice per week. From July and beyond, it will operate once-weekly flights from Seattle and Detroit, also via Incheon. Since the introduction of travel limitations […]

Air Canada Secures Additional $909 Million in Cash

Reading Time: < 1 minute In order to battle with the crisis provoked by the pandemic, Air Canada has raised additional $909 million (C$1.23 billion) in cash by closing two additional financing transactions. According to a statement, since the beginning of the pandemic in March, the airline has secured a total of $4 billion (C$5.5 billion) of liquidity. The recent financial […]

KLM Royal Dutch Airlines Gradually Increases Capacity

Reading Time: < 1 minute After a hard stop in April, KLM Royal Dutch Airlines has revealed gradually increasing capacity for the summer months. In July the carrier expects to operate 5,000 European flights and in August – 11,000. Intercontinental numbers are around 1,900 in July and 2,100 in August. As to intercontinental flights, these are restored more slowly because […]

Increasing Capacity: Emirates Re-Opens 10 More Destinations

Reading Time: < 1 minute Emirates has announced that it re-launches services in ten more cities, in total bringing a number of destinations currently available to travellers to 40. The recently added spots are the following: Colombo (from 20 June), Sialkot (24 June), Istanbul (from 25 June); Auckland, Beirut, Brussels, Hanoi and Ho Chi Minh City (all from 1 July); […]

IATA Proposes Extending the Ease of 80/20 Airport Slot Rule

Reading Time: < 1 minute Monitoring the market and responding to the circumstances, IATA is putting forward the proposal to extend the waiver from the 80-20 use-it-or-lose-it rule in the Worldwide Airport Slot Guidelines.  In the European Union, for example, slots are managed by the a so-called ‘use it or lose it’ rule which requires an air operator to keep […]

The Great Unknown: How Soon Will You Return to Travelling?

Reading Time: < 1 minute Although step by step aviation is resuming operations, still there are too many unknown aspects and hypothetical assumptions. The summer season is usually the most busy for airlines, meanwhile winter is the hard season to stay profitable. On the regular basis. This year we deal with a very slow entrance into the peak season. According […]

easyJet Pushes Back Delivery of 24 Airbus Aircraft to 2025

Reading Time: < 1 minute After long speculations and a number of previously unconfirmed rumours, easyJet has announced that it reached an agreement with Airbus on the deferral of 24 aircraft deliveries to 2025-2027. Each aviation company, especially airlines, is currently looking into every possibility to cut costs and stay afloat. After the crisis hit the bottom line in April, […]

Lufthansa Group Confirms a Surplus of 22,000 Employees

Reading Time: < 1 minute The major crisis in aviation has hit the Lufthansa Group hard. The Group has confirmed its personnel overcapacity figures reaching 22,000 full-time positions across its companies. The Group has already informed the representatives of the trade unions, provided information to Lufthansa works councils and explained in the Group Economic Committee. The number of 22,000 extra […]

Vietnamese Jetstar Pacific Back to Old Name: Pacific Airlines

Reading Time: < 1 minute Jetstar Pacific is set to reborn as Pacific Airlines again. Why again? Upon all the approvals, after almost 12 years, the low-cost carrier will return to its original brand name. The closer synergy with its major owner Vietnam Airlines (70 per cent of shares) is expected to “unlock economies of scale and help the industry […]