AW Daily

Vegas Airport Traffic Slowly Rebounds But Will It Last?

Vegas Airport Traffic Slowly Rebounds But Will It Last?

Perhaps no other statistic illustrates the pandemic's effect on U.S. travel than traffic figures from McCarran International Airport (LAS) in Las Vegas. In April, 152,716 passengers traveled through the airport. During 2019, the airport handled nearly that much traffic in...

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Cargo Buoys Turkish Airlines

Cargo Buoys Turkish Airlines

Turkish Airlines, like almost every other airline in the world, swung to a loss in the horrendous second quarter, reporting a loss of $327m compared with a $26m profit in 2019. But the carrier did report one very bright spot:...

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Jet Fuel Demand Plunges to Lowest Level in Decades

Jet Fuel Demand Plunges to Lowest Level in Decades

In a year of eye-popping aviation statistics, the following may be the most eye-popping yet. The U.S. Energy Information Administration (EIA) said demand for jet fuel in May was the lowest since 1968. May jet fuel demand fell 67% year-over-year....

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S&P: Air Travel Demand Even Worse Than Expected

S&P: Air Travel Demand Even Worse Than Expected

After a flurry of second-quarter results showed that the airline industry is worse off than we thought, out comes a new report that makes the bad news even more grim. S&P Global now expects air travel demand to be down...

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Mesa’s Move Into Cargo Provides Pilots a New Career Path

Mesa’s Move Into Cargo Provides Pilots a New Career Path

Mesa Air Group, which provides regional lift for United and American, is diversifying into cargo, the latest airline to tap into a lucrative revenue stream as the pandemic squelches travel demand. It's not about to get out of of the...

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Cargo Fuels Korean, Asiana Profits

Cargo Fuels Korean, Asiana Profits

Believe it or not, while airlines the world over lamented the worst quarter in the air transport industry's century-long history, two airlines actually made money. But not by carrying passengers. Korean Air and Asiana reported profits of $133 million and...

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Copa’s Lost Quarter

Copa’s Lost Quarter

Airline executives call the pandemic the worst crisis in air transport's century of existence. And when you look at Copa Airlines' second-quarter results, it's easy to see why they say that. The Panamanian carrier reported that its second-quarter passenger traffic...

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No, We Won’t Lose Airlines

No, We Won’t Lose Airlines

In an Aug. 5 media briefing, President Donald Trump signaled his support for further government aid to the airline industry. "I think it's very important that we keep the airlines going," he said, adding, "We don't want to lose our...

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Virgin Australia Lays Out Plan for Future

Virgin Australia Lays Out Plan for Future

Virgin Australia is scaling back its international ambitions and simplifying its fleet, CEO Paul Scurrah said Aug. 5. The carrier will fly to 28 cities in Australia and add destinations as demand returns. It left the door open to resume...

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A Contrarian View on Why Airlines Shouldn’t Take Any Stimulus Money

A Contrarian View on Why Airlines Shouldn’t Take Any Stimulus Money

Airline CEOs and labor groups have called for the U.S. federal government to extend the CARES Act payroll protection program by another six months, till the end of March. By way of background, the CARES Act mandated that airlines taking...

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A Lot of ‘Ifs’

A Lot of ‘Ifs’

In this week's feature story, Senior Analyst Jay Shabat takes an in-depth look into the phases of the pandemic for U.S. airlines. We all know the second quarter was awful. But what comes next? What are the next phases of...

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A Quarter Everyone Wants to Forget

A Quarter Everyone Wants to Forget

In the Aug. 3, 2020 issue of Airline Weekly, we'll take an in-depth look at the U.S. airline industry's second-quarter results. It's not pretty. As we all know now, the quarter started terribly, with a ghastly April. Airlines were hopeful...

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