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  • Air India: Tata Sons conglomerate signs $ 2.4 billion buyout agreement | Airline industry

Air India: Tata Sons conglomerate signs $ 2.4 billion buyout agreement | Airline industry

India’s oldest and largest conglomerate, Tata Sons, will take over the country’s heavily indebted national carrier Air India. His winning bid of 180 billion rupees ($ 2.4 billion) defeated SpiceJet…

IATA AGM – Latest developments in the airline industry

I attended the International Air Transport Association (IATA) Annual General Meeting in Boston on October 4th. Throughout the meeting, I learned about the latest developments and emerging trends in the…

Airline industry returns to battle under IATA chief Walsh | To analyse

There was a sense of relief at this week’s IATA AGM in Boston that discussions have evolved from when the Covid-19 recovery began to how quickly it will unfold. News…

Regulator drops reimbursement case for locked BA and Ryanair flights | Airline industry

The competition regulator has dropped its investigation into whether British Airways and Ryanair broke the law by failing to offer refunds to customers who could not legally take their flights…

Where does the airline industry go from here?

Eighteen months after the start of the Covid-19 pandemic, US aviation has finally started to rebound – but the industry that has emerged is different from the industry that has…

Airline industry targets zero net carbon emissions by 2050

The airline industry’s leading lobby group has adopted a goal of eliminating carbon emissions on a net basis by 2050, a goal that will require balancing the fight against climate…

IATA Chief Diversity Officer Explains Why Airline Industry Needs More Female Role Models | Interview

The Diversity and Inclusion Awards became one of the key events of the IATA AGM meeting, as the industry seeks to highlight its progress on the issue. And this year,…

Airline Industry Passed Worst Point of Covid Crisis, Says Trade Body | Airline industry

The International Air Transport Association (Iata) said the airline industry is now on top of the worst of the Covid pandemic, but urged governments to simplify travel rules and open…

Global Airline Industry Records $ 201 Billion In COVID-Related Losses | Aviation News

Airlines’ losses from the coronavirus pandemic are expected to exceed $ 200 billion as travel restrictions weigh on business and long-haul demand through 2022, according to the industry’s main lobby.…

IATA urges South Africa to support airline industry

The International Air Transport Association (IATA) has called on the South African government to support the airline industry. The aim is to help other industries such as travel and tourism…

Afghanistan: airline industry in trouble after Taliban takeover

KABUL: After the Taliban took control of Afghanistan, its revenues from airspace plummeted and the airline industry is struggling. According to industry analysts, the suspension of airline flights has hurt…

The pandemic killed the domestic airline industry: ACCC

The report, released Wednesday, shows that passenger numbers in July 2021 plunged to 23% of pre-pandemic levels, after peaking at 68% of pre-pandemic levels in April 2021. The number of…

Transcript: The Way Ahead: The Airline Industry with Doug Parker, President and CEO of American Airlines

We have therefore saved well over 75,000 jobs. I think we saved several hundred thousand jobs because I don’t know where we would be as an industry now, let alone…

Airline industry remains ‘volatile’ as flight bookings plummet in August

Find out what clicks on FoxBusiness.com. The delta variant of the coronavirus continues to wreak havoc on the airline industry’s road to recovery, with domestic flight bookings down 24% in…

Philippines reflects on ways to save airline industry

Presidential entrepreneurship adviser Joey Concepcion said the national carrier Philippine Airlines had pushed to reduce the quarantine period for inbound passengers to one week The Philippine government is considering ways…

Air transport recovery prompts signs of recovery for aerospace and airlines | Airline industry

A recovery in air travel has sparked signs of recovery among aerospace manufacturers and airlines, with UK engineering group Melrose turning in profits and Ryanair’s summer passenger numbers exceeding expectations.…

As Delta Variant Soars, Airline Industry Sinks into Another Slump: NPR

The EU is removing the United States from its COVID-19 “safe list”, but airlines have already cut flights due to low booking rates. Some say vaccines should have been mandatory…

Delta Variant Slows Airline Industry Recovery, Adobe Says

Find out what clicks on FoxBusiness.com. The highly contagious delta variant of the coronavirus, which continues to find its way into communities across the country, “has nearly blunted” the path…

What to expect from the airline industry’s revenue

Airlines have profited from the economic reopening and the easing of travel restrictions, reversing previous losses suffered as the pandemic took hold. The pandemic was nothing short of thunderclap for…

Delta Airlines to Impose Monthly Fee of $ 200 on Unvaccinated Employees | Airline industry

Delta Airlines will impose a monthly fee of $ 200 on employees not vaccinated against Covid-19, the airline said on Wednesday. In a new note sent to Delta employees, CEO…

Why the airline industry slips 3.6% MTD despite good second quarter results

Airlines stocks have performed rather well in the second quarter 2021 earnings season, which recently ended for the industry. Although most airlines suffered losses in the June quarter, comparable to…

Airline industry signs COVID passport deal with major lab company

The IATA Travel Pass is a mobile application that provides an “OK to travel” status. Photo: Getty Images The International Air Transport Association (IATA) has added Synlab (SYAB.F), a provider…

transatlantic conquest goal of new low-cost airline Norse | Airline industry

The Viking-inspired branding chosen by Norse Atlantic Airways clarifies its intentions: the new low-cost long-haul carrier wants to conquer like its Scandinavian ancestors, but this time by air rather than…

Consumer advocates push for changes in airline industry – NBC Los Angeles

If you’re starting to travel again, you may have encountered some turbulence while trying to book a new flight. Many travelers tell us they are frustrated with expired credits and…

Why some in the airline industry want to end the mandate for masks on planes

Airline mask mandate due to expire in September, and some in the airline industry agree … [+] with that although others think it should be extended. getty The airline mask…

Airline industry staff shortages lead to cancellations and longer waits – CBS Pittsburgh

PITTSBURGH (KDKA) – With Spirit Airlines making headlines this week as it stranded passengers at airports across the country, it is far from alone. The airline industry as a whole…

Brazil: air transport professions are among those that have recovered the most over the past twelve months

The airline industry has been one of the strongest sectors in the job recovery after the first wave of the Covid-19 pandemic, according to a recent survey by the National…

Clouds lift as confidence returns in struggling airline industry

It has been a flood of bad news for Heathrow boss John Holland-Kaye over the past 18 months. The airport has lost nearly £ 3 billion since the start of…

How The Airline Industry Became Wise About Seat Belts Story

Charles N. Monteith, chief engineer of the Boeing Airplane Company, was optimistic when he made his presentation at the May 1929 aeronautical meeting of the American Society of Mechanical Engineers.…

New EU policy proposals do not help airline industry tackle global warming

The European Commission has just launched a series of new proposals on climate change under the banner “Fit for 55”. The aim is to reduce emissions in the EU by…

Porter could shake up the Canadian airline industry with the expansion of jets from Toronto’s Pearson airport

TORONTO- Porter Airlines could shake up the Canadian airline industry after announcing plans to launch jet service to destinations in Canada, the United States and the Caribbean with an order…

How the airline industry still refuses to accommodate disability

When her wheelchair was badly damaged on her Delta Airlines flight from Minneapolis to Newark, New Jersey, model and influencer Bri Scalesse took to TikTok and recorded a video that…

Emirates spearheads airline industry attack on credit card fees

Emirates is leading a charge by airlines to evade high payment processing fees levied by the credit card industry, after the carrier became the first to adopt a competing system…

Punish air rage with jail time, says airline industry to Merrick Garland

The airline industry wants to criminalize violent incidents of air rage. getty ohn the past year, there has been a sharp increase in the number of air rage incidents that…

Airline industry seeks to fill jobs as labor shortages lead to flight cancellations

MIAMI-DADE COUNTY, Florida – Now that travel is rebounding, a new problem is taking off – personnel shortages in the airline industry. Hundreds of American Airlines customers faced canceled flights…

US airline industry calls for swift prosecution of belligerent passengers | News

U.S. airline business groups have called on the government to swiftly and consistently prosecute passengers accused of unruly behavior and who increasingly create a safety risk on flights. On June…

ATW unveils 2021 airline industry award

WASHINGTON, June 17, 2021 (GLOBE NEWSWIRE) – Aviation Week Network’s Air transport world (ATW), the leading media brand serving the information needs of the global airline and commercial air transport…

ATW Unveils 2021 Airline Industry Achievement Award

WASHINGTON, June 17, 2021 (GLOBE NEWSWIRE) — Aviation Week Network’s world of air transport (ATW), the leading media brand serving the information needs of the global airline and commercial air…

Airbus: the airline industry has lost 25 years of growth

The airline industry has lost 25 years of growth due to the impact of the COVID pandemic according to the world’s largest supplier of commercial aircraft. Yesterday, Airbus detailed the…

US Group Unveils First Global Airline ETF in Europe

Investment firm US Global Investors will present its airline industry exchange-traded fund to a European audience for the first time this month, the San Antonio-based company announced. The US Global…

Airline industry sees long-term rebound for the sector

After weathering the financial turmoil of the Covid pandemic, the airline industry expects passenger traffic to take off despite concerns about the industry’s impact on climate change. In its latest…

India’s airline industry gears up to take off at full capacity with easing of lockdowns

With states gradually lifting the lockdown, domestic airlines can soon expect the government to lift the cap on airline capacity. The Ministry of Civil Aviation (MoCA) authorized a gradual increase…

UK airport passenger numbers drop 75% to 74m in 2020 | Air industry

The number of passengers traveling through UK airports fell by 223 million last year, an annual decline of 75%, as governments imposed travel bans and restrictions due to the coronavirus…

Aer Lingus passengers stranded as operator Stobart Air ceases operations | Airline industry

Travelers have remained stranded in cities across the UK and Ireland and nearly 500 jobs are at risk after an Irish regional airline announced its liquidation. Aer Lingus said a…

US Airline Industry Bounces Back With 2 Million Journeys For The First Time Since March 2020 | Airline industry

The recovery of the airline industry from the pandemic took a significant step forward as more than 2 million people passed through security checkpoints at US airports on Friday for…

Are FBI’s “Most Wanted” Chinese Spies Hacking the Airline Industry?

Air India was hacked earlier this year, in what researchers believe is a large-scale supply … [+] chain attack on the airline industry. (Photo by Sipra Das / The India…

Airline industry rebounds from pandemic

The news looks good for US airlines. After the negative impact of the coronavirus pandemic, the airline industry is gradually starting to recover. According to recent data, total net sales…

Airline industry suffers cyber attack | Philstar.com

The International Air Transport Association expects the total number of air passengers in 2021 to be 52% lower than in 2019, as pandemic restrictions continue to hamper travel. It is…

Pilot’s mental health warning as planes return to the sky | Airline industry

Airlines are neglecting the mental health and well-being of pilots and other aviation workers in their struggle to get planes flying again, researchers say. Many aviation workers have suffered from…

A small airline industry looms on the horizon, post-pandemic

The Covid-19 pandemic has devastated the global aviation industry which brings people together, provides 35% of global trade by value, promotes commerce and makes the world a smaller and more…

The hijacking of flights in Belarus worries the airline industry; ‘we are in uncharted territory’

Belarusian President Alexander Lukashenko dispatched a jet fighter on Sunday that escorted the Ryanair commercial plane to Minsk as it flew through Belarusian airspace. Belarus said it did so because…

IATA’s Walsh Says Airline Industry Will Be Smaller After Crisis

Willie Walsh, head of the International Air Transport Association (IATA), attends a meeting in Brussels, Belgium, March 3, 2020. REUTERS / Johanna Geron / File Photo Register now for FREE…

Airline industry ripe for new low-cost carriers: Business Traveler USA

LCC’s response to travelers’ concerns about sustaining travel spending Now is perhaps the best time for new low cost carriers (LCCs) to enter the market, according to Global data, a…

COVID-19 creates startup boom in airline industry

The COVID-19 pandemic has been difficult for airlines. But some see an opportunity to buy lower cost planes or add new routes. More than 90 new airlines plan to debut…

Flight School Appoints Official Senior Vice President of Airline Industry | Business Observer

FORT MYERS — Paragon Flight Training has named Lee Collins senior vice president of airline pilot industry. Collins, with a background in policy development and governance, will be responsible for…

Bumpy landing predictions for the airline industry

Please forward this newsletter to friends and colleagues who may find it useful. Even if they’re not a Financial Times subscriber, they can read the newsletter – and all of…

2021 is shaping up to be a year of transition for the US airline industry

US airlines are going through a major transition period affecting their business models, … [+] structures and long-term survivability. As 2021 drags on, it’s still unclear how the industry will…

Rethinking government bailouts amid aviation crisis

The problem with government bailouts is that you never really know if they were needed, and that’s probably the case with the US airline industry as well. Why is this…

Data ‘green shoots’ suggest airline industry recovery

An airline takeover is at hand – or is it? Air traffic has recently skyrocketed although it is still lower than a year ago. Questions about the return to normal…

Crippled airline industry to get $25 billion bailout, part of it in loans

WASHINGTON — The Trump administration has reached a tentative agreement with major airlines on terms for a $25 billion bailout to prop up an industry hobbled by the coronavirus pandemic.…

Why the airline industry’s recovery still has a long way to go

Investors optimistic about the recovery from the COVID-19 pandemic pushed airline stocks to 52-week highs this week. But “the patient is still in intensive care,” Airlines for America (A4A) President…

Transcript: The Way Forward: The Airline Industry with Southwest Airlines CEO Gary Kelly

M. KELLY: You know, David, I’ve been in business for 44 years, and I’ve never had a time in my life where it was impossible to predict. So I’ll just…

Pakistan’s airline industry: is its destiny finally destined to change?

Air travel is generally more expensive than the train or bus for domestic travel around the world. However, this does not legitimize what Pakistani travelers are charged for intercity journeys…

Airline industry pushes back on CDC guidance that vaccinated people should still avoid travel

(CNN) — The airline industry is pushing back on new guidance from the Centers for Disease Control and Prevention that fully vaccinated people should still avoid travel. In a new…

Airline industry alarmed as vaccine-led recovery hopes plummet

Johan Lundgren wasted no time drafting a letter of complaint when a UK government minister recently warned it was too early to even think about booking a summer break. The…

The future of the global airline industry

An interview on the future of the airline industry with Ravindra Bhagwanani of Global Flight The Wise Marketer surveys the airline and travel industry throughout the coming month to determine…

UK aviation sector needs urgent support, say industry leaders | Air industry

Industry leaders have said Britain’s aviation sector urgently needs more government support if it is to survive another long period of travel restrictions, as they warn of a worsening of…

Air travel down 60% as airline industry losses top $370bn: ICAO |

The International Civil Aviation Organization (ICAO) said on Friday that with seat capacity having fallen by around 50% in the past year, only 1.8 billion passengers are still flying through…

COVID-19 airline industry recovery signals in 2021

Here are some developments to watch over the next 12 months. TARIFF WARSAir traffic will not see a major increase until vaccines saturate populations enough to reduce infection rates. Even…

Has Covid-19 destroyed the airline industry forever?

The impact of the coronavirus on daily life cannot be underestimated; there are significant restrictions, both globally and locally, on how we socialize and work. The travel industry is one…

Are triangular routes the airline industry’s response to the pandemic?

It’s a phrase that probably doesn’t need to be said, but we’ll say it anyway: Times are tough for the aviation industry. With much lower levels of passenger demand due…

Airline industry still in the red, losing $300,000 per minute: Association

The airline industry will burn $77 billion in cash (nearly $13 billion per month or $300,000 per minute) in the second half of 2020 despite resuming operations after most countries…

Airline industry could halve ‘to survive,’ says United Airlines chairman

“The harsh reality of what we are facing is dire,” Munoz said in an exclusive interview. “This industry has been through hell many times,” said Munoz, who suffered a heart…

The fight to save jobs in the airline industry

Three weeks ago, Sara Nelson, the president of the Association of Flight Attendants-CWA, received a call from a veteran flight attendant who has worked for twenty-five years and has continued…

The airline industry may not recover until 2023 at the earliest

Moody’s Investor Services, the respected financial firm, has released a new report on the beleaguered airline industry – and the end result isn’t pretty. Moody’s says commercial aviation – and,…

Airline industry won’t recover from coronavirus for years: Moody’s

Commercial aviation will be ravaged by the COVID-19 pandemic for years to come, according to a new report from Moody’s. All stakeholders, from airlines and airports to aircraft lessors, aircraft…

How Top Aviation Leaders See the Future of the Airline Industry

At the end of April, a virtual event called FlightPlan took place, during which the future of aviation was discussed by more than 50 contributors, including aerospace and airline leaders…

How the airline industry has been affected by the crisis | In depth

After years of record traffic growth and unprecedented profitability, the airline industry is facing its deepest and most sustained decline in demand as the coronavirus pandemic has brought international travel…

What you can learn from the failure of the airline industry

The airline industry is hemorrhaging in the aftershock of the Covid-19 pandemic. Warren Buffett’s Berkshire Hathaway has sold its holdings to three major US airlines. Delta Airlines started 2020 by…

These are the top six issues facing the revamped airline industry

A passenger walks past the empty American Airlines check-in terminals at the domestic airport on May 12. … [+] (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images…

The airline industry could be forever upended by the coronavirus crisis

The airline industry got a $58 billion lifeline in the federal coronavirus relief package. But the path is blurry for these companies, whose operations and prospects will be forever upended…

Airline industry braces for extended recovery from coronavirus crisis

International seat capacity has fallen nearly 80% from a year ago and half of the world’s planes are in storage, new data shows, suggesting the aviation industry could take years…

COVID-19: Issues facing the airline industry

As the novel coronavirus COVID-19 continues to cause economic and social unrest across the world, the airline industry is suffering particularly acute difficulties. US carriers including Delta, American, United and…

Changes in the airline industry in the 2010s and what to expect in the 2020s

The 2010s were transformative for the airline industry. As it recovered from the global economic crisis of 2008-2009, new business models, practices and operating procedures became critical. But the 2020s…

Airline industry prepares for major threat from coronavirus turmoil | Air industry

The airline industry often finds itself on the front line when a global disaster strikes. The September 11 attacks, the Sars epidemic and the credit crisis have all posed a…

Resumption of service in the airline industry

Led by the team of Associate Professor Dr. Reza Etemad-Sajadi, this research assesses the impact of air passengers’ perception of service restoration on their satisfaction and loyalty. The objective is…

Driven by competition, the airline industry is taking off

This summer, more people than ever are taking flight. Millions of Americans will go on vacation, plan trips with family and friends, and explore new places. A record 246.1 million…

The airline industry faces problems

Airlines today are becoming safer, more efficient and more profitable with savvier management teams. However, the problems plaguing the airline industry have not gone away. The global nature of the…

Is the airline industry an oligopoly?

The airline industry in the United States today is arguably an oligopoly. An oligopoly exists when a market is controlled by a small group of firms, often because the barriers…