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Russian invasion and skyrocketing fuel prices rock the airline industry

After surviving the chaos of the pandemic, the world’s biggest airlines are facing a new crisis before the last one is even over. Russia’s invasion of Ukraine has driven oil…

Airline industry recovery disrupted

Recovery is slowing in the airline industry – Photo: Shutter Stock Just as the airline industry has begun to recover from the coronavirus pandemic, it has been hit by geopolitical…

Fighting between Russia and Ukraine disrupts the airline industry | Russian-Ukrainian crisis

The fallout on the global aviation industry from Russia’s invasion of Ukraine spread on Friday as two other European countries banned Russian carriers and the European Union said it would…

UK proposes changes to domestic flight delay compensation | Air industry

More air passengers on UK domestic flights could receive compensation for delays and have easier access to resolve complaints under government proposals announced on Monday. Passengers would be entitled to…

Airlines cancel some US flights due to 5G issues | Air industry

Airlines such as British Airways, Emirates and Air India have canceled or changed flights to the United States due to concerns over the deployment of 5G mobile phone technology near…

Will 2022 be the year of recovery for the airline industry?

Shares of several airlines were up on Friday morning – Photo: Shutterstock Shares of a number of airlines were up on Friday morning, with U.S. aviation stocks a particularly strong…

Omicron wreaks havoc on airlines as JetBlue cancels nearly 1,300 flights | Airline industry

US airline JetBlue canceled nearly 1,300 flights over the next fortnight as the rapid spread of the Omicron variant wreaks havoc on airlines. Airlines grapple with the combination of harsh…

Investors in the airline industry are buckling in the middle of another fight …

(MENAFN – ValueWalk) Hans / Pixabay “Concerns over falling public confidence in the traveling public and concerns over future travel restrictions imposed due to the spread of the Omicron variant…

Investors in the airline industry are buckling in the middle of yet another fight …

(MENAFN – ValueWalk) Hans / Pixabay “Concerns over the fall in the confidence of the traveling public and concerns over future travel restrictions imposed due to the spread of the…

Airlines hope fistfuls of dollars return from transatlantic flights | Airline industry

TThe goose that lays the golden eggs is in the air again. The reopening of the US border to leisure travelers from the UK and most European countries – with…

7 ways the pandemic can change the airline industry for good

It’s hard to overstate the damage the pandemic has caused to the airline industry, with global revenues down 40% in 2020 and dozens of airlines around the world going bankrupt.…

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…

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…

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.…

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…

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…

Emerald Airlines will operate regional Aer Lingus flights; New air services announced for Knock and Belfast

Aer Lingus has announced that Emerald Airlines will operate its regional Aer Lingus flights. In a statement posted on its website, Aer Lingus said: “Aer Lingus has today [Wednesday August…

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…

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…

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 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…

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…

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…

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…

Warburg Pincus sells airline company Accelya to Vista

LONDON (Reuters) – US buyout fund Warburg Pincus said on Monday it had reached an agreement to sell its European air services company Accelya to rival Vista Equity Partners for…

Warburg Pincus chooses advisor to sell Accelya air services company: sources

By Andrés González, Pamela Barbaglia MADRID / LONDON (Reuters) – The private equity owner of European air services company Accelya has hired Bank of America to sell the company in…

Accelya and Mercator, leaders in air services, announce a merger

Skift take Piece by piece, private equity firm Warburg Pincus is making Mercator a rival to Saber and Amadeus – two travel technology providers that provide overlapping software and operational…

New Managing Director Appointed at Airline Services Interiors

Airline Services Interiors, part of the Airline Services Ltd group, has appointed Richard Dobson as Managing Director. Promoted from within, Richard was previously Chief Commercial Officer, joining the company in…

Airline company owner Accelya calls on banks to start sale: sources

LONDON / FRANKFURT (Reuters) – The private equity owner of European airline services firm Accelya has hired advisers to sell the business that provides cost management solutions to British Airways…