The EU law-making process is approaching a key step for an acceleration of the Single European Sky initiative—a joint effort to harmonize Europe’s airspace—and IATA is losing patience.

IATA expects the global airline industry to post higher losses in 2021 than it forecasted in December 2020—but the organization is optimistic about a strong comeback in 2022 and 2023. 

As some major airlines from Latin America and Caribbean are now operating under Chapter 11 bankruptcy protection, several airports in the region risk losing connectivity as carriers remove unprofitable routes. 

Chinese carrier Juneyao Air and its subsidiary 9 Air remain committed to expanding their collective fleet, despite recording a CNY485.5 million ($74.7 million) net loss for 2020. 

SkyUp is to launch flights between Kyiv Boryspil and London Luton this summer as the carrier continues its ambitious European expansion. 

Plans to start a new airline to provide flights from New Zealand to the Cook Islands have been suspended. 

Virgin Atlantic should be flying its full fleet again by October or November, according to its CEO, who predicted yields would start to stabilize from the start of 2022.

Emirates Group is entering into talks with the government of Dubai about further financing options to shore up liquidity in case the recovery of air travel continues to be much slower than expected.