The parent company of Philippine Airlines, PAL Holdings, booked a record 73 billion pesos (US$1.51 billion) loss in 2020 as the COVID-19 pandemic severely impacted the global aviation sector. The company said its management and stakeholders are working on the…
The comparative economics of aircraft is a key driver in fleet planning decisions. Many factors come into play in analyzing the differences between models, particularly when there is an incumbent aircraft with existing infrastructure in place. Such was the recent…
On the back of a Ps 73 billion ($1.5 billion) net loss for 2020, Philippine Airlines (PAL) is working on a “comprehensive restructuring” that should bring it back to profitability in the near future. The restructuring could include placing the…
Despite the huge funding of national airlines by African governments, it is distressing that African airlines deliver perpetual losses. While it can be understood why Emirates Airlines made its first loss in 33 years, it is difficult to understand the…
TSA data on passengers screened indicates that a strong recovery in US airline traffic is underway. The upward trend line in traffic from earlier in the year is continuing in the first half of June. The following chart, with updated…
Kinshasa, the capital of the Democratic Republic of the Congo, is one of the biggest cities in Africa, with an estimated population larger than London and a skyline that peers over the wide, snaking Congo River. But if a traveler…