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 […]

Reading Time: < 1 minute The crisis provoked by the coronavirus pandemic is still making grave impacts on the entire world, and on aviation in particular. The year of 2020 has already come into history as a year of extreme challenges. According to the International Air Transport Association (IATA), airlines are expected to lose $84.3 billion in 2020 for a […]

Reading Time: < 1 minute Singapore Airlines (SIA) announced that it is more or less ready to go through the challenges created by the pandemic and its impacts, as the company has raised $7.2 billion of liquidity. The money have been secured through the recent rights issue ($6.3 billion) and through a mix of secured and unsecured credit facilities ($647 […]

Reading Time: < 1 minute During the last month of spring Airbus reported it received no new bookings and suffered no cancellations. For the year 2020, gross orders of the European planemaker stand at 365 aircraft and net orders – at 299 aircraft. Although the front of orders stands still, Airbus is making further progress with aircraft deliveries. During May […]

Reading Time: < 1 minute After a period of news about deteriorating demand for air travel, a flash of some positive statistics has been reported by the International Air Transport Association (IATA). After hitting bottom in April (the biggest decline in the history of IATA’s traffic series, which dates back to 1990), daily flight totals rose 30% between the low […]

Reading Time: < 1 minute Mitsubishi Heavy Industries (MHI) has closed the purchase of the CRJ Series aircraft program from Bombardier. Under the deal, MHI acquired the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft as well as the type certificates. Also, Bombardier passed to MHI the related services and support network located in Montréal, Québec, […]

Reading Time: 7 minutes Aviation is going through another ‘first’ as it is in its worst crisis ever. The recent turbulence caused by the coronavirus pandemic is still impossible to measure; its medium- and long-term impacts either. There is neither a well-trodden recovery path to follow, nor a similar global situation to refer to. Nevertheless, the situation is not […]

Reading Time: < 1 minute Financial aid and support to airlines is currently vitally important for the airlines, and the industry, to begin recovering after the pandemic. Airlines have received over $120 billion in financial assistance from governments.  Nevertheless, there are two sides of the same coin. With a financial help also grows the airline industry’s global debt. According to […]

Reading Time: 2 minutes The crisis provoked by the coronavirus pandemic affects even the strongest. Air New Zealand is working through different ways to save cash and minimize costs. The airline made a solid start to 2020 and right upon the beginning of the pandemic in March had short-term liquidity of more than $1 billion. On 25 May, 2020, […]

Reading Time: 2 minutes While Vietnam still remains closed for international travel, its domestic market is rapidly accelerating the return to full local air  service. Domestic flights have been re-opened since 22 April, when Vietnam lifted a lockdown order. From 7 May, in turn, the limitations on the number of flights between Hanoi, HCMC and Da Nang City were […]