AW Daily

Jet Fuel Demand Plunges to Lowest Level in Decades

August 13, 2020

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....

S&P: Air Travel Demand Even Worse Than Expected

August 12, 2020

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...

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

August 11, 2020

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...

Cargo Fuels Korean, Asiana Profits

August 10, 2020

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...

Copa’s Lost Quarter

August 7, 2020

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...

No, We Won’t Lose Airlines

August 6, 2020

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...

Virgin Australia Lays Out Plan for Future

August 5, 2020

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...

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

August 4, 2020

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...

A Lot of ‘Ifs’

August 3, 2020

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...

A Quarter Everyone Wants to Forget

July 31, 2020

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...

Airbus Orders Plunge

July 30, 2020

Airbus's first-half 2019 results read almost like fantasy fiction now, after looking at the airframer's first-half 2020 results. Then, Airbus was flying high on the strength of its A320 family, the uptake of the A220, and the growing popularity of...

The Pain Continues at Boeing

July 29, 2020

It's been a rough 18 months or so for Boeing. First, regulators grounded the 737 MAX after two fatal accidents. And now Covid has brought its airline customers to the brink of ruin. The company's revenues fell 25% in the...