Covid Crisis 2020

Article • Covid Crisis 2020

The Latest News by Region

Southwest joined the chorus of U.S. airlines spotlighting a modest improvement in leisure demand during August, a trend that’s continued into September, and for travel in October as well. New bookings, as others have also noted, are mostly close-in. Under...

Read More
Article • Covid Crisis 2020

Pandemic News by Region

The International Air Transport Association (IATA) says the airline industry could be ready to air ship billions of doses of Covid-19 vaccines, when they’re ready to be administered, but only if governments around the world coordinate now on transport policies.The...

Read More
Article • Covid Crisis 2020

The Latest News by Region

The most important word for airlines starts with the letter "V." When will a vaccine come to the rescue? As United says, echoing widespread sentiment across the industry, only when a critical mass of people gets vaccinated against Covid-19 will...

Read More
Article • Covid Crisis 2020

The Latest News by Region

S&P Global now expects air travel demand to be down 60-70% this year compared with last year. This is a downgrade from S&P’s previous forecast of demand this year being down 50-55%, compared with 2019. And demand in 2021 is...

Read More
Article • Covid Crisis 2020

The Latest News by Region

IATA’s business confidence survey found airline CFOs in a sad state of mind. Most believe profits will remain elusive for another year. Airlines may be forced to slash fares in order to stimulate demand, denting further already squashed hopes of...

Read More
Article • Covid Crisis 2020

The Latest News by Region

IATA is becoming 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 said. Emerging economies and the U.S. are...

Read More
Article • Covid Crisis 2020

The Latest News

Throughput at Transportation Security Administration (TSA) checkpoints last week was down slightly. While the overall trend is flat, there have been week-over-week declines in the last two weeks, the first such declines since April, the worst month of the pandemic....

Read More
Article • Covid Crisis 2020

Pandemic Updates

It’s the greatest airline industry crisis in history. But that’s not stopping David Neeleman from proceeding with his new U.S. airline startup. The JetBlue and Azul founder set Oct. 15 as the launch date for Breeze, which is easing its...

Read More
Article • Covid Crisis 2020

The Latest by Region

May was a lot better than April, June a lot better than May. But the U.S. airline demand recovery is faltering in July, traditionally the busiest month of the year. The Sunbelt-state surge in Covid cases, it’s now clear, is...

Read More
Article • Covid Crisis 2020

The Latest by Region

United, an early Covid-era bear, is feeling a little more bullish. Last week, it announced revised schedules for August, which feature triple the number of flights the airline offered in June. Domestically next month, it will fly about half its...

Read More
Article • Covid Crisis 2020

Quarantines Pose a Vexing Problem

It’s arguably the airline industry’s most important issue right now: When and how will governments reopen their borders? It’s even important to mostly domestic carriers, given the internal border restrictions now prevailing within some countries like Canada and Australia. In...

Read More
Article • Covid Crisis 2020

IATA Asks for Government Relief

Among IATA’s latest asks of governments: Extend waivers on airport slot usage rules through the upcoming winter season. European airports, in particular, typically practice an 80-20 rule, by which airlines lose access to their takeoff and landing slots if they...

Read More