Financial results of China’s ‘Big Three’ airlines reflect the dire state they have been in during 2020. Despite an almost full recovery to pre-Covid traffic and passenger numbers by October – followed by another slump -, China Eastern Airlines, China…
India’s Directorate General of Civil Aviation (DGCA) has issued a circular to all foreign and domestic scheduled airlines operating flights to/from India. DGCA has extended the suspension of scheduled international commercial passenger flights until April 30, 2021. These restrictions will…
Despite an almost full recovery of traffic on domestic routes, Chinese airlines remain cautious or even pessimistic about their financial situation and outlook. The number of flights might have recovered to 2019 levels but load factors and yields remain weak,…
Qatar Airways on September 18 reported a net operating loss of QAR 1.850 billion for its fiscal year 2018-2019, down from -26 million the previous year. The loss attributable to its shareholder is even higher: QAR 2.330 billion, compared to…