Around the World: November 2, 2020
| Airline Name | Change From Last Week | Change From Last Year | Comments |
|---|---|---|---|
| American | -10% | -62% | Network strategy in a nutshell: more DFW/CLT; PHX/MIA leisure chase; east/west coast help from allies; PHL/ORD await int'l revival |
| Delta | -10% | -44% | That was then: U.S. received a record 40m visitors from overseas in 2019 (NTTO) |
| United | -11% | -63% | Latest TSA airport traffic counts show a y/y decline of 63% during final seven days of October |
| Southwest | -8% | -30% | Provides more detail on its new Chicago ORD and Colorado Springs service; both get Denver, Dallas, Phoenix flights |
| Alaska | -9% | -45% | Complains that Aeromexico terminated a codeshare agreement after joining forces with Delta; anticompetitive? |
| JetBlue | -11% | -38% | Raised more than $4b in cash since crisis began in March; exploring option of pledging loyalty plan for more gov't or private loans |
| Hawaiian | -10% | -52% | First B787-9, though now delivering in Sept., 2022, probably won't enter service until early 2023 |
| Spirit | -5% | -53% | Regional carrier Silver Airways entering Jacksonville with 2x weekly flights to Fort Lauderdale and Tampa |
| Frontier | (not publicly traded) | Phoenix, Los Angeles LAX, Fort Myers three notable markets where it's flying more seats this fall than it was last fall | |
| Allegiant | -5% | -19% | Florida seeing more activity than most markets but trends most bullish in Gulf Coast cities more specifically |
| SkyWest | -14% | -51% | E175 block hours down less than that for its CRJs |
| Air Canada | -13% | -69% | Owns 10% of regional partner Chorus/Jazz, which last week received a takeover offer from unnamed source |
| WestJet | (not publicly traded) | Will this week open new WestJet "Elevation" lounge at its home airport Calgary | |
| Aeromexico | -5% | -72% | Mexico the largest international airline market from the U.S. now; Canada number two |
| Volaris | -12% | -20% | Exploring different financial options for raising more funds |
| LATAM | -2% | -86% | Chile votes to change constitution; was experiencing social unrest before the Covid crisis |
| Gol | -20% | -57% | Argentina now says no more flights at El Palomar airport near Buenos Aires; Jetsmart to move to Ezeiza; Flybondi threatening to close |
| Azul | -17% | -57% | In Argentina, Aerolineas Argentinas rebuilding int'l network as border controls ease |
| Copa | -13% | -52% | Peru suffering South America's worst Covid outbreak now, based on deaths per 100k people |
| Avianca | -12% | -92% | Secures four-year labor deal with pilots; experienced long pilot strike, remember, in 2017 |
| Emirates | (not publicly traded) | FlyDubai launched new route to Maldives last week; demand strong enough to justify more frequencies | |
| Qatar | (not publicly traded) | Kuwait Airways becomes first recipient of -800 version of the A330-NEO; took delivery of two units last week; six more coming | |
| Etihad | (not publicly traded) | Kuwaiti LCC Jazeera adds Oman's capital Muscat to its network | |
| Air Arabia | -1% | -19% | Bahrain's Gulf Air introduces new "boutique fares" to capture different market segments |
| Turkish Airlines | -13% | -23% | Earthquake, currency woes, tensions with France all adding to Turkey's Covid-era woes |
| Kenya Airways | 0% | 20% | Expands interline agreement with Qatar Airways to cover more routes |
| South Africa Air. | (not publicly traded) | South African airports saw 81% y/y drop in traffic during Sept. (Airports Company South Africa) | |
| Ethiopian Airlines | (not publicly traded) | Air Peace, a Nigerian carrier, looking to start flights to Johannesburg before year end (Daily Independent) | |
| IndiGo | -5% | -10% | Cargo revenues got stronger as calendar Q3 progressed; by Sept., they were up 27% y/y despite flying less capacity |
| Air India | (not publicly traded) | Rose among thorns: Air India Express, according to reports, had strong profits in fiscal year that ended just before crisis | |
| SpiceJet | -5% | -57% | Announces a bunch of new Bangladesh routes to take advantage of new air travel bubble |
| Lufthansa | -12% | -52% | Of the major European airline hubs, Frankfurt perhaps least dependent on leisure traffic; that's a disadvantage now |
| Air France/KLM | -15% | -74% | First A220 expected to arrive next winter; should help improve shorthaul margins |
| BA/Iberia (IAG) | -12% | -82% | Probably wouldn't mind if Air Europa just failed but Spanish gov't won't allow that |
| SAS | -27% | -90% | Recapitalization plan, backed by governments of Sweden and Denmark, now complete |
| Alitalia | (not publicly traded) | Hopes that currently robust cargo business will help it through the initial relaunch phase | |
| Finnair | -5% | -94% | Helsinki airport, which closed one of its 3 runways from April to Aug., will close it again this winter given dire traffic forecast |
| Virgin Atlantic | (not publicly traded) | U.K. government tells citizens to avoid all non-essential travel | |
| easyJet | -8% | -59% | Sold another nine A320-family planes to further build its cash reserves; calls sale-leaseback market "robust" |
| Ryanair | -10% | -2% | Looking to capitalize on Canary Islands quarantine-free status by adding more flights from London; others doing the same |
| Norwegian | -10% | -99% | Wizz Air's big domestic Norwegian expansion a big challenge; another is what to do with all those B787s |
| Wizz Air | -8% | -16% | Cranky Flier blog describes its rise to pre-crisis prominence, post-crisis ambitions |
| Aegean | -7% | -68% | New sales campaign offers new discounts every Tuesday |
| Aeroflot | -5% | -47% | CEO tells Rossiya 24 that many of its Russian rivals could wind up in bankruptcy due to crisis |
| S7 | (not publicly traded) | Moscow SVO highlights Sochi, Anapa, Simferopol as busy routes right now; int'l recovery led by Istanbul, Antalya, London | |
| Japan Airlines | -11% | -46% | Int'l load factor was just 19% in Sept., with ASK capacity down 80% |
| All Nippon | -5% | -39% | ANA branded domestic flights saw 68% y/y decrease in pax volumes in Sept.; Peach's domestic decline was 48% |
| Korean Air | -6% | -20% | South Korea joins China and Vietnam in showing a solid return to economic growth last quarter |
| Cathay Pacific | -10% | -48% | Says majority of its pilots and flight attendants have accepted new contracts that include big concessions |
| Air China | -8% | -28% | Latest central government economic plan continues to see aviation as a growth industry |
| China Eastern | -8% | -11% | Original plans had it introducing 34 B737 MAXs this year, followed by 12 next year |
| China Southern | -7% | -17% | Sichuan Airlines, based in Chengdu, takes another A321 NEO on lease from AerCap; now has 13 |
| Singapore Airlines | -5% | -64% | Maintenance arm dissolving a venture it has with Cebu Pacific of the Philippines |
| Malaysia Airlines | (not publicly traded) | Rival AirAsia X denies reports that it's liquidating its Indonesian venture | |
| AirAsia | -3% | -71% | Thai unit operated 96% of normal domestic capacity in sept. filling 65% of seats; capacity will be up y/y for Q4 |
| Thai Airways | -4% | -61% | About 5k workers have accepted voluntary early retirement (Xinhua) |
| VietJet | -4% | -30% | Typhoon disrupts air travel in parts of the ASEAN region, including Vietnam |
| Cebu Pacific | -6% | -58% | AAPA, which represents Asia-Pacific airlines, warns of liquidations but encouraged by emerging travel bubbles |
| Qantas | -8% | -35% | Takes delivery of the world's first A321 freighter (converted from passenger configuration) |
| Virgin Australia | 0% | -43% | City of Melbourne emerges from strict 112-day lockdown |
| Air New Zealand | -7% | -50% | Cutting more flight attendant jobs as int'l markets remain closed |
| Brent Crude Oil | -10% | -36% | Venezuela now producing less than 400k barrels of oil per day; was close to 3m a few years ago |
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