The worldwide Covid-19 crisis will have a profound and lasting effect on the future of the airline industry. Most likely the sector will shrink and leave space for only much smaller airline groups, Lufthansa CEO Carsten Spohr has warned on…
Yesterday Breeze Aviation Group, Inc., David Neeleman’s new US airline, made a new filing. The filing of a redacted T-5 is to keep certain data away from prying eyes (competitors). Here’s the data filed. The plan shown reflects steady…
With the Covid-19 pandemic in full swing, global airlines are cutting back mercilessly with a downstream impact being felt throughout the commercial aerospace supply chain. On Friday Delta Air Lines, arguably the world’s best-run airline, announced it was grounding 300…
Several pundits were expecting this to happen yesterday. The impact will be devastating to the EU airlines, many of them already hammered by declining traffic. It needs to be mentioned again – airlines cannot divest expenses as quickly as they…
The European Commission is temporarily waiving the 80-percent slot rule to help airlines survive during the Covid-19 crisis, EC-chairman Ursula van der Leyen has said in March 10 in Brussels. On March 11, the US Federal Aviation Administration (FAA) followed…
If bookings continue to drop in the coming weeks, Lufthansa Group will reduce capacity by 50 percent, the airline said on March 6. Following the outbreak of Covid-19, the German giant has seen a massive drop in traffic in all…