AW Daily

Why the Recovery Will Take Longer for Middle East Airlines

In a word, quarantines. International travel, after a brief period of optimism over the summer, appears to be shutting down again as countries around the world restrict travel to contain second- and third-wave outbreaks of the Covid-19 pandemic. This is...

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U.S. Airport Screenings Top 1 Million: Hiccup or Signs of a Recovery?

The Transportation Security Administration (TSA) reported a milestone on October 18: It screened more than 1 million people at the nation's airports, the first time the number of screenings topped that number since March. But is this a sign that...

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Boeing’s Third-Quarter Deliveries Fall as Airlines Trim Fleets

What a difference a year makes. Boeing's third-quarter commercial aircraft deliveries plummeted by more than half and by two-thirds for the year to date, as airlines defer aircraft and rework their order books to reflect a collapse in air travel...

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Delta to Avoid Most Furloughs Even as It Reports Staggering $2.6 Billion Quarterly Loss

Delta Air Lines expects to be a much smaller carrier, at least for the next couple of years when it expects demand to start to return to pre-pandemic levels. The airline has avoided the furloughs that its competitors have endured...

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What the Ouster of the British Airways CEO Tells Us About the State of European Airlines

European airlines' dark autumn cost another executive his job. British Airways CEO Alex Cruz will step down immediately, to be replaced by Aer Lingus CEO Sean Doyle, International Airlines Group (IAG), parent company to both airlines, said in a statement...

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Wild Week in Washington Ends With No Relief for Airline Workers

Even by the standards of this administration and the 116th Congress, it has been a wild week, one that whipsawed the airline industry and its workers between hope and despair. And the week ends with no further clarity on whether...

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EasyJet Warns of First-Ever Annual Loss — $1 Billion

U.K.-based low-cost carrier easyJet warned it's on track to report a loss of more than $1 billion for the year, its first-ever full-year loss. In an update to investors, CEO Johan Lundgren said passenger demand for the full year will...

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Airlines Hold Out Hope for More Aid After Mnuchin, Pelosi Talk

Update: House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin held a second call on Wednesday on a standalone airline relief bill, signaling that the industry is a priority. When President Trump tweeted on Tuesday that the White House...

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Next 10 Years Could Be a Lost Decade, Boeing Forecast Suggests

The coronavirus pandemic could result in a significantly smaller airline market for the next decade, Boeing's annual Market Outlook says. Although the market will recover, Boeing says, it could take longer than previously predicted and could hamper economic growth for...

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Is Spirit Right To Think It Will Recover First?

Earlier this year, when the pandemic first started its rampage, how it would affect the airline industry wasn't clear, other than dire predictions of a total collapse. By the late spring, U.S. airlines frequently used the term "green shoots" to...

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House Speaker Pelosi Calls on Airlines to Delay Furloughs as Congress Weighs More Aid

House Speaker Nancy Pelosi (D-Calif.) today urged airlines to stop furloughing employees and said new funds from Congress could be imminent, either as part of a larger coronavirus-aid package or in a standalone bill. "As relief for airline workers is...

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Airline Furloughs Begin as Congress, White House Remain at Impasse

More than 30,000 airline employees face furloughs today after the CARES Act payroll support program expired yesterday. Washington remains deadlocked on further airline aid, although there is bipartisan support for extending the program. In a letter to employees, American CEO...

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