Aero-engine manufacturer Rolls-Royce is looking to sell off assets as the impact of the coronavirus crisis on the travel industry bites deep into the company’s finances.
Fares for domestic U.S. air travel hit their lowest level since April in July, caused by a resurgence in COVID-19 that plateaued demand at around 25-30% of 2019’s level, a report from Bloomberg Intelligence shows.
Allegiant Air will continue to serve Owensboro, Kentucky, but is waiting on a U.S. Transportation Department (DOT) response to its request to change service in 10 other markets.
Sports travel is shaping up to be the fastest-growing sector in the air charter industry for 2021 because of a packed calendar of scheduled and rescheduled high-profile events, according to Chapman Freeborn, an air charter broker.
The second flight test of the Kratos-built X-61 in July at Dugway Proving Ground, Utah, came eight months after the debut flight of the first Gremlin UAS, which validated the operating system but ended in a crash when the recovery parachute failed.
Nearly a quarter of staff at London Gatwick Airport could lose their jobs under a drastic restructuring plan, after COVID-related airline network cuts left the South London airport operating at just 20% of its peak-season capacity.
AirAsia Group Berhad is preparing to rely on its six airlines’ domestic markets for revenue in the remaining months of 2020 after the LCC group had “stabilized” in the second quarter following the outbreak of COVID-19.
Croatia Airlines has been working to renegotiate an order for four Airbus A320neos, but nearly a year’s worth of talks have stalled in light of the COVID-19 crisis.
Virgin Atlantic’s creditors have voted in favor of the UK long-haul carrier’s £1.2 billion ($1.6 billion) restructuring plan, ahead of two key court hearings to finalize the process on Sept. 2 and Sept. 3.
Germany’s air transport association BDL warned returning to mandatory quarantine for passengers flying in from countries defined as high-risk in the current COVID-19 pandemic would cripple the recovery of air transport in the country.
The COVID-19 pandemic has had a huge impact on almost every aspect of the aviation sector, but the coronavirus does not appear to have dented the industry’s determination to drive down CO2 emissions and its desire for operations to be more environmentally responsible.
The continuing effects of the COVID-19 pandemic have forced Indian Ocean carrier Air Austral to extend its suspension of services to most destinations until “at least” Sept. 30.
When second-wave COVID-19 infections sprang up in New Zealand and Beijing, authorities turned their focus to cold storage goods that had arrived by air freight—suspicious that the coronavirus could have lingered on imports and later transmitted to humans through contact.
China Express Airlines managed to stay profitable for the first six months (H1) of an eventful year thanks to its unique operating model as a feeder airline and the quick implementation of cost-saving measures.
Used business aircraft sales picked up sharply in June and July after the COVID-19 pandemic and its economic impact hit them hard in the two earlier months.
Delta Air Lines is planning to resume more transatlantic and transpacific services to “top business and leisure destinations” during the winter 2020/21 and summer 2021 seasons, although some routes appear to be suspended indefinitely.
