by Ernest Arvai | Oct 1, 2020 | Airlines
News: This morning, President Trump has suggested an extension of the current bailout for the airline industry by $20 billion until Congress can compromise over a stalled overall coronavirus relief aid package. Should that suggestion be approved, a large number of...
by Addison Schonland | Sep 30, 2020 | Airlines
Aurora is a Russian Far East air carrier, subsidiary of Aeroflot. As of August 2016, the carrier ranks among the top ten Russian biggest airlines in terms of carried passengers. Its head office is in Yuzhno-Sakhalinsk, Sakhalin. Airline Background insight – Tell us...
by Richard Schuurman | Sep 27, 2020 | Airlines
Qatar Airways has recorded a QR -7.007 billion loss for its fiscal year 2019/2020, down from -4.751 billion the previous year, it announced on September 27. Mind you, this result reflects the year until March 31, 2020, so before the worst of the Covid-crisis hit the...
by Richard Schuurman | Sep 27, 2020 | Airlines
Delta Airlines will further simplify its fleet by retiring three more aircraft types, it announced in a stock exchange filing on September 25. The first to go out by December 2023 will the Bombardier CRJ200s, of which 22 are already in storage. Delta Connection...
by Addison Schonland | Sep 25, 2020 | Airlines
Sometimes it is hard to grasp just how much of a hit the US airline industry is taking. Probably over a million words have been published about this by now. How about a few pictures to illustrate how severely the pandemic has impacted the industry. We offer four...
by Ernest Arvai | Sep 25, 2020 | Airlines
The recovery in the US airline market has been slow, and is still nowhere close to 2019 levels in traffic and activity. The forecasts of a long recovery back to pre-pandemic levels appear to be accurate, despite everyone in the industry wishing otherwise.Our overall...