Low Covid-19 vaccination rates slow African traffic recovery
Low vaccination rates and persistent internal barriers are a drag on the recovery of African air traffic
Tag Recovery
IATA predicts further reduction of airline losses to 9.7 billion
Thanks to the recovery of air travel, the airline industry will likely be able to reduce its losses this year to $9.7 billion. This is an improvement over the previous forecast of a $-11.6 billion loss from October and includes…
Singapore and Cathay slowly benefit from relaxation
Relaxed Covid restrictions have improved the results of two of Asia’s key airlines in May. Both Singapore Airlines and Cathay Pacific have reported higher passenger numbers and capacity for the past month, which confirms that Southeast Asia is slowly opening…
Disruption effects are key to FY23 results of Wizz Air
Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly blaming supply chain/staffing issues…
Argentina’s recovery so far in 2022
Let’s take a look at Argentina’s recovery so far in 2022 by using the latest data released by the country’s National Civil Aviation Agency (ANAC). Domestically, Argentina has bounced quite nicely from the COVID-19 pandemic, but internationally the country is…
Singapore Airlines reduces losses thanks to VTL recovery
Singapore Airlines significantly reduced its losses last year, thanks to the reopening of borders in key markets and the resultant recovery in demand. Forward bookings for this summer are almost back to 2019 levels but high fuel prices and inflation…