Carriers

AAPA calls for standardised health guidelines to facilitate air travel measures to be consistent, pragmatic, and risk-managed

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The COVID-19 pandemic has seriously affected global economic activity, including trade, tourism and employment levels. Indeed, the grounding of flights and drastic reduction in air links has wider detrimental effects on society and the economy. Aviation supports 65.5 million jobs around the world, with one job in the industry supporting 24 other jobs in the wider economy, but these livelihoods are now jeopardized due to the drastic plunge in travel demand. The United Nations World Tourism … [Read more...] about AAPA calls for standardised health guidelines to facilitate air travel measures to be consistent, pragmatic, and risk-managed

Air Astana resumes flights to regional centres across Kazakhstan

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Air Astana will resume scheduled flights from Almaty and Nur-Sultan to regional centres across Kazakhstan following the end of the national state of emergency on 11th May 2020. Services to Aktobe and Kyzylorda from Almaty and Nur-Sultan will re-start on 12th and 13th May respectively, whilst flights to Oskemen from Almaty and Nur-Sultan will restart on 13thand 14th May respectively. All flights will be operated by Airbus A320/A321 and Embraer E190-E2 aircraft. Flights to more cities across the … [Read more...] about Air Astana resumes flights to regional centres across Kazakhstan

Virgin Atlantic announcement cements theory that airlines will be smaller post-COVID, says GlobalData

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Following the announcement that Virgin Atlantic is to cut 3,000 jobs and cease operation at Gatwick: Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “Just yesterday GlobalData said that major airlines feel a leaner, more agile business is what is needed and that they will shrink. Virgin Atlantic’s announcement today serves as further proof of this and shows that the impact of COVID-19 on airlines … [Read more...] about Virgin Atlantic announcement cements theory that airlines will be smaller post-COVID, says GlobalData

Asia Pacific Airline profitability declined in 2019

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Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines recorded US$3.8 billion in combined net earnings in 2019, a 25% decline compared to the US$5.1 billion reported in 2018. Profitability was impacted by intense competition adding downward pressure on yields, whilst air cargo demand was significantly affected by the escalation of trade disputes, including tit-for-tat trade tariffs between the US and … [Read more...] about Asia Pacific Airline profitability declined in 2019

Airlines likely to be smaller post-COVID, says GlobalData

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Following recent announcements made by several airlines, speculation has grown that some of the world’s largest airlines will shrink:   Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation:   “Announcements made over the last week or so point in one direction: airlines will become smaller – at least in the short-to-mid-term.   “Some high-profile names have come to the conclusion that … [Read more...] about Airlines likely to be smaller post-COVID, says GlobalData

Saudia Cargo lifts record payload between Lahore to Riyadh in April

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Saudia Cargo says it made a record payload carrying essential food supplies from Lahore, Pakistan to the Kingdom of Saudi Arabia’s capital Riyadh, using a passenger aircraft turned into an all-cargo flight, a new trend that emerged in the ongoing fight against the Coronavirus pandemic.   The record 65.3 tons of perishables such as meat and vegetables were loaded into the lower deck of a Boeing-777 passenger plane and safely arrived in the Kingdom on April 25.   Saudia Cargo has … [Read more...] about Saudia Cargo lifts record payload between Lahore to Riyadh in April