Around the World: December 14, 2020
Airline Name | Change From Last Week | Change From Last Year | Comments |
---|---|---|---|
American | 4% | -37% | Chief revenue officer Vasu Raja shares thoughts with BTN on partnerships, Covid testing, change fees, MAXs, etc. |
Delta | -1% | -24% | Joins United in matching American's move to eliminate change fees for even international flights |
United | -2% | -44% | Pledges to eliminate greenhouse gas emissions by 2050; thinks it can do so with "revolutionary" carbon capture technology |
Southwest | -4% | -15% | CEO Gary Kelly to succeed Alaska's Brad Tilden as non-executive chairman of industry group A4A |
Alaska | -6% | -25% | U.S. pilot union ALPA urging governments to put pilots near front of the line for Covid vaccinations |
JetBlue | -5% | -21% | Enacts new round of cost cutting, Reuters and CNBC report; Boston Globe separately looks at its London plans |
Hawaiian | -7% | -34% | Configures its A321 NEOs with 16 first class seats, 44 premium economy, 129 economy |
Spirit | 2% | -31% | Employed 9,064 at the start of 2020; estimates it will end the year with 9,039 |
Frontier | (not publicly traded) | Signs agreement with Boeing digital services (i.e. help with crew planning) despite flying only Airbus planes | |
Allegiant | -3% | 2% | Scheduled ASM capacity was down just 14% y/y in November; RPM traffic down 38% |
SkyWest | -4% | -31% | Added 10 new E175s to its United network in November and December |
Air Canada | -5% | -47% | Rolling out facial biometric technology for boarding on flights from the U.S. to Canada |
WestJet | (not publicly traded) | Now among the airlines offering testing options for quarantine exemption when flying to Hawaii | |
Aeromexico | 9% | -53% | Still waiting for Mexico's aviation regulator to clear the return of its six B737 MAXs; green light should come soon |
Volaris | 2% | 15% | Cargo carrier TUM looking to launch passenger airline based in Toluca near Mexico City; ominously, it will use CRJs |
LATAM | 2% | -87% | Implements new Sabre software that improves the shopping experience for website and call center passengers |
Gol | 0% | -23% | Says trip searches on its website increased 35% in November from October |
Azul | -3% | -25% | Said it recovered 85% of its domestic demand last month; "We expect this trend to continue" |
Copa | 1% | -20% | Chile's Sky Airline looking to expand from Lima, Peru, as slots become available with Avianca in retreat (Routes) |
Avianca | 3% | -91% | Viva Air, the Colombian LCC, to base planes in Cali (also has bases in Bogota and Medellin, not to mention Lima in Peru) |
Emirates | (not publicly traded) | Got its 116th A380 last week; two more coming this month, one of them with a new premium economy product | |
Qatar | (not publicly traded) | Dubai, home of rivals Emirates and FlyDubai, running a multi-million-dollar global ad campaign to revive tourism | |
Etihad | (not publicly traded) | Introduces new carbon offset option for passengers | |
Air Arabia | 4% | -13% | Morocco the latest Arab country, after UAE, Bahrain, and Sudan, to normalize diplomatic ties to Israel; flights to follow |
Turkish Airlines | 2% | -9% | Domestic ASK capacity down a reasonably tolerable 39% y/y in Nov. |
Kenya Airways | 0% | 75% | Zambia becomes first African country to default on bond obligations since Covid crisis started |
South Africa Air. | (not publicly traded) | One of many obstacles to revival: Getting unions onboard; airline behind on worker pay | |
Ethiopian Airlines | (not publicly traded) | War threatening Ethiopia's recent record of fast economic growth (WSJ) | |
IndiGo | -1% | 29% | Investor consortium behind Jet Airways aims to have it flying again by April; needs regulatory approval, return of slots |
Air India | (not publicly traded) | Launching Chicago nonstops to Hyderabad with B777s next month; previously linked Chicago with Delhi | |
SpiceJet | 19% | 2% | Working with cold chain logistics firms in preparation for vaccine distribution |
Lufthansa | -5% | -42% | Gives more signs that summer 2021 bookings are really picking up |
Air France/KLM | -6% | -52% | Carrier's distribution chief spoke to Business Travel News about strategy regarding GDSs, booking fees, etc. |
BA/Iberia (IAG) | -8% | -71% | British Airways CityFlyer to add Southampton to its U.K. network |
SAS | 1% | -90% | Appoints new cargo chief in advance of critical task of transporting vaccines |
Alitalia | (not publicly traded) | La Repubblica calls it the "Impossible Mission": Making the new Alitalia financially viable | |
Finnair | 1% | -89% | Part of its financial recovery efforts involves changes to its employee pensions |
Virgin Atlantic | (not publicly traded) | Heathrow's top airlines fighting with airport management about plan to hike fees | |
easyJet | -12% | -40% | Promotes customer service chief Sophie Dekkers to role of chief commercial officer |
Ryanair | -9% | 11% | One silver lining of a demand collapse: 98% of Ryanair's flights arrived on time last month |
Norwegian | 118% | -98% | Already in Irish bankruptcy, it last week filed for bankruptcy in Norway; will aid in efforts to restructure contracts |
Wizz Air | -3% | 22% | Note the 22% y/y increase in its stock price; investors think the crisis will ultimately be good for the airline |
Aegean | 14% | -39% | Will establish bases in Corfu, Santorini, and Mykonos this summer |
Aeroflot | -4% | -31% | FlyDubai to launch service to Grozny in the former Soviet Union; 2x weekly starting later this month |
S7 | (not publicly traded) | Kazakhstan's Air Astana, banking on outbound leisure travel, starts flights to the Maldives | |
Japan Airlines | -2% | -41% | As Japan's Covid cases rise, officials scale back travel promotion campaigns |
All Nippon | 1% | -32% | Launches new mobile payment solution; providing customers mileage incentives to use it |
Korean Air | 9% | 7% | LCC rival Jeju Air signs deal with Amadeus to use Navitaire's New Skies res system and other software |
Cathay Pacific | -2% | -26% | Rival Hong Kong Airlines cutting more jobs |
Air China | -1% | -10% | Provides more money, alongside Macau's government, to Air Macau |
China Eastern | -5% | -9% | Chinese exports to the U.S. up by roughly 20% y/y despite Trump tariffs |
China Southern | -5% | -10% | Hainan Airlines signs cooperative agreement with internet giant Trip.com to help boost ticket sales |
Singapore Airlines | 0% | -51% | Deepens partnership with India's Vistara; plans joint scheduling, pricing, etc. |
Malaysia Airlines | (not publicly traded) | Indonesia starts to receive Covid vaccines from China | |
AirAsia | 18% | -46% | Reiterates intent to launch new JV in Indochina, which probably means Vietnam (but term covers other nearby nations too) |
Thai Airways | 2% | -55% | Hopes to have creditors vote on bankruptcy exit plan in February or early March |
VietJet | 3% | -15% | New rival VietTravel preparing to receive its first plane |
Cebu Pacific | -3% | -45% | Launches new fare sale to help ignite some shorthaul tourism |
Qantas | -3% | -30% | Virgin, under new CEO who once ran Jetstar, hires away Qantas chief operating officer |
Virgin Australia | (not publicly traded) | Responds to Qantas loyalty status match offer with one of its own | |
Air New Zealand | 0% | -32% | Counts domestic network as one of its 5 core competitive advantages (along with Airpoints, int'l network, balance sheet, costs) |
Brent Crude Oil | 2% | -20% | Bloomberg: U.K. will become the first major industrialized nation to end all public finance for fossil fuel projects overseas |
Some stocks traded on multiple exchanges; not intended for trading purposes.