When the world around you starts turning again but yours is at a standstill, you are left behind. That’s the world of Air Canada in the first six months of 2021. Continued travel restrictions to and from the country have weighed…
The recovery of domestic travel in Australia and New Zealand has come at a sudden standstill as new lockdowns and travel restrictions have been implemented. New Zealand has suspended the travel bubble with Australia from midnight on July 24 for…
Alaska Airlines thinks it has turned the corner on the effects of the Covid-crisis, having produced positive cash flow and a profit for Q2. More importantly, forward bookings for the current third quarter already stand at 85 percent compared to…
Both American Airlines and Southwest Airlines have produced a profit during the second quarter, they reported on July 22. American’s was only a small $19 million compared to Southwest’s $348 million net profit. This places Southwest behind Delta Airlines as the second most-profitable…
In between the limited commercial aviation announcements at MAKS2021 this week, there is a small but nevertheless significant one: independent Russian carrier Azimuth Airlines has signed a leasing agreement for six Airbus A220-300s. The Azimuth order opens up Russia to the A220,…
The International Air Transport Association (IATA), the clearinghouse for global airlines, disclosed that over $601 million of airlines’ funds are trapped in African countries; a situation that has negatively impacted carriers operating to the continent. Nigeria is missing from the…