International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but…
It’s mid-July and most airlines have significantly ramped up capacity since June, with more steps to follow this summer. Yet, traffic is still well below pre-Covid 19 levels. We bring you an update, with further updates on American Airlines, Emirates,…
Friday, May 15. In recent days, airlines have been announcing a gradual return to flying again. The picture is diffuse, with some offering limited services from the second half of May and others extending their suspensions. So we update our…
International Airlines Group (IAG) posted a EUR -1.860 billion net loss for Q1, it announced on May 7. Excluding special items, this was EUR -535 million. IAG expects that a long recovery to pre-Covid levels will take until at least…
British Airways could slash up to 12.000 jobs as it has started a restructuring and redundancy program in response to the Covid-19 crisis, parent company International Airlines Group (IAG) confirmed on April 28. The restructuring will also affect the Group’s…
Etihad reported its best-ever result in years by posting a $-0.87 billion loss over 2019, an improvement from a $ -1.28 billion loss in 2018 and -1.52 billion in 2017, the airline announced on March 5. In 2016, the loss…