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…
Africa has 731 airports and 419 airlines with an aviation industry that supports around 6.9 million jobs and $80 billion in economic activity. The International Air Transport Association (IATA) alluded to the fact that the continent is set to become…
Aeromexico had a US$138 million net loss during 2021’s second quarter, according to the latest financial report published by the airline. While Aeromexico’s financial performance is improving, there’s still a long way to go before it can reach profitability again. …
UPDATE – Thanks to a recovery that has exceeded the original expectations, United Airlines has fared better in the second quarter than it thought it would. On July 20, the carrier reported a Q2 net loss of $434 million compared…
Today we will be looking at LATAM’s fleet plan. The South American airline has been actively reducing the size of its fleet but also has restarted the reconfiguration project of its narrowbody planes. At the end of 2019, LATAM had…
Easyjet is seeking available airport slots in continental Europe as its business has shifted more towards Europe and away from the UK. The low-cost airline has already acquired slots at Milan Linate, Amsterdam Schiphol, and Paris Orly, but won’t hesitate…