Around the World: November 23, 2020
| Airline Name | Change From Last Week | Change From Last Year | Comments |
|---|---|---|---|
| American | 2% | -56% | Says if a customer doesn't want to fly on the MAX, he or she won't have to |
| Delta | 2% | -34% | As others move to unblock middle seats, Delta says it will keep them blocked through at least Q1 |
| United | 2% | -57% | Pilots account for about 20% of airline's total labor costs |
| Southwest | 4% | -20% | Rival Frontier attacks L.A. area's Inland Empire with seven new routes from Ontario |
| Alaska | 7% | -31% | On Fri., for the first time since Oct. 18, and only the second time since the crisis began, TSA U.S. airport traffic topped 1m pax |
| JetBlue | 2% | -23% | Announces product refresh of its premium Mint product; will be instrumental in making London work |
| Hawaiian | 0% | -39% | Hawaii tightening rules on testing/quarantines for travelers from the mainland and abroad |
| Spirit | 3% | -47% | Will start reactivating its international network from Orlando starting early next month |
| Frontier | (not publicly traded) | Announces 19 new cities and three new airports (Oakland, Cozumel, St. Thomas) launching between Feb. and May | |
| Allegiant | 0% | -8% | Announces 15 new cities and two new airports (Spokane and Orange County) launching in Feb/March |
| SkyWest | 7% | -38% | Regional Airline Assoc. (RAA) publishes annual report; notes that regional airlines operated 40% of all U.S. flights in 2019 |
| Air Canada | 8% | -57% | Working with Transat on ways to address E.U. antitrust concerns related to their merger (Bloomberg) |
| WestJet | (not publicly traded) | Separate Bloomberg report showcases Atlantic Canada and its success in managing the Covid pandemic | |
| Aeromexico | 4% | -65% | In Dec., Aeromexico and partner Delta plan to operate 95% of their Dec. 2019 ASK capacity on transborder routes |
| Volaris | 6% | 0% | Troubles continue to mount for ailing Interjet; survival prospects appear to be dimming with each passing week |
| LATAM | -4% | -88% | Reduced competition in Brazil (from Avianca's collapse and new Latam-Azul codeshare) starting to draw interest from startups |
| Gol | 13% | -36% | Completed installation of new Sabre software to help optimize revenues |
| Azul | 19% | -37% | Still holds secured bonds from money it lent to TAP Air Portugal; could sell them if it wanted |
| Copa | 10% | -25% | VivaColombia founder William Shaw planning new Colombian LCC startup called Ultra Air; sees opportunity as Avianca shrinks |
| Avianca | 7% | -92% | Partner United says it's spending a lot of time on building Latin American partnerships; Avianca JV still in play |
| Emirates | (not publicly traded) | Rival Saudia received $7b in government aid this year and last, Reuters reports | |
| Qatar | (not publicly traded) | Finalized codeshare arrangement with Air Canada in advance of latter's new Toronto-Doha service commencing next month | |
| Etihad | (not publicly traded) | Signs codeshare and loyalty reciprocity agreement with El Al in advance of Tel Aviv route launch | |
| Air Arabia | 0% | -19% | Air Arabia Abu Dhabi now flying the Abu Dhabi-Muscat route; gradually building its Gulf region network |
| Turkish Airlines | 3% | -13% | Cargo unit began transporting Chinese Covid vaccines from Beijing to Sao Paulo; its pharma shipments more generally up 50% this year |
| Kenya Airways | 0% | 45% | Rival Uganda Airways using its new A330-800 NEO to serve Guangzhou, Dubai, Mumbai, and London |
| South Africa Air. | (not publicly traded) | AFRAA, the continent's airline association, urging carriers to cooperate | |
| Ethiopian Airlines | (not publicly traded) | CEO tells AviationWeek he's not yet sure if Ethiopian will fly the MAX again; if not, it will need to acquire A320s or A220s | |
| IndiGo | 4% | 21% | India the world's largest producer of vaccines, led by Serum Institute in Pune |
| Air India | (not publicly traded) | Rival Vistara tells Reuters it's interested in flying to the U.S.; also eyeing service to Paris and Frankfurt | |
| SpiceJet | 31% | -34% | U.K. lockdown affecting carrier's plans for serving London |
| Lufthansa | 4% | -44% | Swiss, Brussels, cargo unit all get new chief executives |
| Air France/KLM | 8% | -60% | Headline from Telegraaf highlights tensions: "The Netherlands and France on a collision course over Air France/KLM" |
| BA/Iberia (IAG) | 9% | -72% | British Airways and partner American announce Covid testing trial for U.S.-London Heathrow routes |
| SAS | 23% | -92% | Europe, unlike the U.S., is starting to see Covid cases decline following tightened restrictions |
| Alitalia | (not publicly traded) | Appoints new CEO as it gets closer to relaunching under new structure | |
| Finnair | 11% | -90% | Covid infection rates in Finland running far below the European average |
| Virgin Atlantic | (not publicly traded) | Offering new "Escape Pass" holidays to whatever destinations are not currently on U.K. quarantine list | |
| easyJet | 0% | -46% | Has reached concession deals with unions in the U.K., Germany, Netherlands, and Portugal so far |
| Ryanair | 3% | 14% | Rival Jet2, seemingly well-positioned for next summer, announces more Greek routes from the U.K. |
| Norwegian | -13% | -99% | Assures pax: "Our intent is clear. We will emerge from this process as a more financially secure and competitive airline." |
| Wizz Air | 4% | 17% | Continues to demand that governments and airports make slots available to newcomers |
| Aegean | 6% | -49% | Tourist arrivals to Cyprus declined 77% y/y in Oct. |
| Aeroflot | 3% | -34% | Mikhail Poluboyarinov, a former deputy CEO of the airline, will now take over as CEO |
| S7 | (not publicly traded) | Russian transport ministry says more airline bankruptcies not likely in the near term | |
| Japan Airlines | 4% | -42% | Zip Air, its new LCC, to debut on Narita-Honolulu route Dec. 19 |
| All Nippon | 3% | -32% | Typically hires large numbers of college graduates every year; not this year |
| Korean Air | -1% | -5% | Asiana's passenger ASK capacity on domestic routes last quarter was down just 14% y/y; domestic Korea a small market though |
| Cathay Pacific | 16% | -28% | Enacting drastic pay cuts for pilots flying for its low-cost HK Express unit |
| Air China | 8% | -9% | Joint venture partner Cathay Pacific in Hong Kong permanently axing seven longhaul routes incl. Newark, Washington, Brussels |
| China Eastern | 4% | -2% | Asian countries including China, but not India, sign new RCEP trade agreement; increasingly protectionist U.S. also excluded |
| China Southern | 5% | -5% | Welcomed two new aircraft in Oct: one A321 NEO, one ARJ21 |
| Singapore Airlines | 7% | -56% | Promises to be "swift and decisive in deploying capacity" as demand recovers |
| Malaysia Airlines | (not publicly traded) | Asking for more money from Malaysia’s sovereign wealth fund, which owns the carrier (Reuters) | |
| AirAsia | 8% | -60% | Says collection of disparate digital businesses should break even next year and reach profitability in 2022 |
| Thai Airways | -3% | -56% | Thailand's GDP shrank 6% y/y in Q3, compared to a 12% drop in Q2 |
| VietJet | 6% | -17% | Looking to add more planes to its joint venture airline in Thailand, Vietnamese news sources report |
| Cebu Pacific | 16% | -46% | Running just 15% of its capacity; says at annual shareholders meeting it will undertake major rightsizing exercise |
| Qantas | 3% | -26% | Celebrated 100th anniversary last week; separately announces alliance with hotel firm Accor |
| Virgin Australia | 0% | -45% | Ousted CEO Paul Scurrah reflects on his tenure in "Curveball" podcast |
| Air New Zealand | 7% | -39% | Looking to Airpoints loyalty plan (changes to come) as important tool of recovery (NZ Herald) |
| Brent Crude Oil | 5% | -28% | Goldman Sachs cites underinvestment, weak dollar, gov't stimulus as reasons for thinking oil prices might be ready to rise |
Some stocks traded on multiple exchanges; not intended for trading purposes.