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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…

Collapsing Russian airline industry now ‘similar to North Korea’

FILE – Aeroflot’s Airbus A330 plane taxis at Moscow’s Sheremetyevo Airport, Monday, June 24, 2013. Delta Air Lines has suspended its partnership with Russia’s national flag carrier Aeroflot following the…

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…

Airline industry draws attention to Russia-related risks after Ukraine shutdown

Anchorage Airport Receives Capacity Inquiries Japan Airlines cancels flight to Moscow due to potential risks Britain closes airspace to Russian airlines Feb 25 (Reuters) – Anchorage airport in Alaska said…

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…

JetBlue cuts come as no surprise, airline industry figures show – The Royal Gazette

Updated: January 14, 2022 11:58 A JetBlue arrival (File photo) JetBlue’s decision to downgrade service to Bermuda comes as no surprise, two airline industry executives said yesterday. Aaron Adderley, the…

Airline services affected by COVID-19 cases among employees

Airline services Aeromexico and United have been affected by cases of COVID-19 among staff members. Aeromexico suspends some flights as COVID-19 ‘domino effect’ hits crews – Union More than 70…

Omicron Covid variant rolls back hopes of recovery in airline industry ahead of travel season

New Delhi: New travel restrictions induced by the Omicron coronavirus variant have delayed the nascent resumption of international flights, creating delays and headaches in some areas, according to airline and…

Omicron rolls back hopes of airline industry recovery

A COVID-19 security measures notice is pictured next to closed doors in a departure hall at Narita International Airport on the first day the borders are closed to prevent the…

UPDATE 2-Omicron rolls back hopes of recovery in airline industry

* The opening of borders had accelerated before the discovery of Omicron * Some booking searches are dropping week by week – Travelport * American Airlines says new COVID-19 variant…

SAS chief warns about ‘debt wall’ facing the airline industry | New

The airline industry is ‘not out of the woods yet’, SAS chief executive Anko van der Werff has warned as companies face the prospect of handling a huge debt burden…

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.…

Tata-owned Vistara Wins Important World Airline Awards, Rises to 28th in Global Rankings

Vistara CEO Leslie Thng expressed his joy at winning both awards. (To file) Tata-owned full-service carrier Vistara won the award for Best Airline in India and South Asia at the…

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.…

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…

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…

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…

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…

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.…

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…