AW Daily

Airlines Ready to Put Green Shoots Behind for Permanent Recovery

April 7, 2021

A year ago, airline industry leaders were excited by "green shoots" of emerging demand for summer travel. After a relatively busy summer season, the Covid pandemic surged, showing it wasn't done, and those green shoots withered. Now, with increasing vaccinations...

Air Taxi Companies Sued Over Intellectual Property: What’s Behind the Lawsuit

April 6, 2021

Electric takeoff and landing aircraft (eVTOL), or air taxis, flew from the realm of science fiction to the real world in the space of a few short months, touted by airlines, more focused on sustainability than ever, as a greener...

Chinese Domestic Recovery Didn’t Help Stem $5 billion in 2020 Losses for Country’s Airlines

April 5, 2021

China's three largest airlines, Air China, China Southern, and China Eastern, released their 2020 results, reporting steep losses for the year. This was despite the country emerging relatively early from the worst of the Covid-19 crisis and despite the vast...

United Airlines Marks Recovery Turning Point With Plans to Hire 300 Pilots

April 2, 2021

United Airlines will begin hiring pilots again after a year-long hiatus due to the coronavirus pandemic, therefore becoming the first major U.S. carrier to do so ahead of what is forecast to be a strong summer for leisure travel. The...

Delta Nearly Loses Tax Benefit in Georgia Over Elections Law Retribution

April 1, 2021

It didn't take long for Delta Air Lines to feel the heat — again. The airline almost lost a $35 million jet fuel tax benefit after Republicans in the Georgia General Assembly sought to punish the Atlanta-based company for speaking...

Government Profits as American and Sun Country Repay CARES Act Loans

March 31, 2021

Flush with cash and optimistic for the future, U.S. airlines have begun paying back some of the loans they received from the federal government through the CARES Act during the depths of the Covid-19 crisis. American Airlines went first with...

Norway’s Newest Airline Ready With Jets But Still No Permits to Fly

March 30, 2021

At least one lessor believes the low-cost, long-haul model could work, even with so many doubters in recent years. AerCap is leasing nine Boeing 787s to Norse Atlantic Airways that will form the backbone of the startup carrier's fleet when...

Pilot Training Backlog Could Slow Anticipated Recovery at American Airlines

March 29, 2021

American Airlines is gearing up for what could be a busy summer travel season in the U.S. by getting many of its jets that remain in storage ready to fly again by June. The Fort Worth, Texas-based carrier aims to...

Delta’s New Iceland Routes Portend More Global Expansion as Vaccines Prompt Fewer Restrictions

March 26, 2021

"Have vaccine, will travel," appear to be buzzwords in the network planning department at Delta Air Lines as the carrier adds flights to Iceland following the country's decision to reopen to vaccinated travelers. The Atlanta-based carrier will add new service...

EasyJet and Ryanair Diverge on European Summer Travel Outlook

March 25, 2021

The leaders of Europe's largest budget carriers, EasyJet and Ryanair, have distinctly different takes on the outlook for the coming summer travel season. Both EasyJet CEO Johan Lundgren and Ryanair Group CEO Michael O'Leary are hopeful for an uptick in...

Saudia Airlines’ New $3 Billion Finance Package Will Help It Capture Bigger Share of Tourism, Pilgrimage Business

March 24, 2021

The $3 billion financing deal signed on March 18 by Saudi Arabian Airlines Corporation will go toward its largest fleet expansion ever, with both Boeing and Airbus as the beneficiaries. The move signals the escalating competition among airlines in the...

Frontier Aims to Raise More Than $700 Million Amid Airline IPO Frenzy

March 23, 2021

Frontier Airlines could raise as much as $725 million by going public in an effort to take advantage of a bull market and the strong investor appetite seen for Sun Country Airlines' recent debut. The Denver-based ultra low-cost carrier will...