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...
Read MoreMesa 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...
Read MoreBelieve 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...
Read MoreAirline 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...
Read MoreIn 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...
Read MoreVirgin 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...
Read MoreAirline 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...
Read MoreIn 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...
Read MoreIn 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...
Read MoreAirbus'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...
Read MoreIt'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...
Read MoreIATA got significantly more pessimistic about when the airline industry will recover. Now, the group thinks traffic will not return to pre-pandemic levels until 2024, a year later than it had previously forecast. Why the grim news? Basically, it's what...
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