Rallying Oil Prices Are A Headache For Airlines
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to Continue Reading
United Airlines warns 14,000 jobs at risk when payroll aid expires
United Airlines said on Friday it has sent warnings of potential furloughs to some 14,000 employees whose jobs are at risk once a second round of payroll support for airlines Continue Reading
Grounded Flights Are Sending U.S. Jet Fuel Prices Sliding Again
The new wave of lockdowns around the world is sending U.S. jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash Continue Reading
World’s Top Oil Trader: Airline Travel Won’t Recover Until Late 2021
Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass Continue Reading
Airlines Buckle Their Seat Belts for a Bumpy 2021
Airlines are betting that coronavirus vaccines will reignite demand for travel this year. The question is when. Delta Air Lines Inc. Chief Executive Ed Bastian expects improvement starting this spring. Alaska Continue Reading
Cirium: 21 years of airline passenger traffic growth wiped out in 2020
Global aviation data firm Cirium released its new Airline Insights Review 2020 which reveals the deep impact on aviation of worldwide travel restrictions to curb COVID-19. The report shows that Continue Reading
Covid-19 Live News: U.S. Air Travel Hits Pandemic High, Adding to Fears of Yet More Case Surges and the New Variant
With the coronavirus raging in many parts of the country and hospitals dangerously overstretched, public health officials warned on Sunday that more calamitous days may be ahead, as infections tied Continue Reading
Airlines to Bring Back Thousands of Workers After Passage of Covid-19 Aid Bill
Airlines are preparing to call back tens of thousands of workers they let go in October now that Congress has approved government assistance to cover carriers’ payroll through the end Continue Reading
Deeper job cuts at Boeing as pandemic throttles air travel
Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said Continue Reading
Airlines Poised to Sideline Over 30,000 Workers as Washington Debates Relief
After an unprecedented drop in air travel because of the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash Continue Reading
Top U.S. airlines starting 32,000 furloughs as bailout hopes fade
American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Continue Reading
Growing number of airlines offer ‘flights to nowhere’ as international travel remains stalled – The Washington Post
With international travel in much of the world still disrupted by the coronavirus pandemic, some airlines are resorting to “flights to nowhere” that target passengers who long for air travel — Continue Reading
U.S. proposes to waive minimum flight requirements for airlines until March 2021
The Federal Aviation Administration said on Friday it favors the extension of temporary waivers of minimum flight requirements at some U.S. airports through late March 2021 due to the coronavirus Continue Reading
US and European airlines cut schedules as passengers fail to return
US and European airlines warned on Wednesday of grim outlooks for the coming months, cutting schedules as passengers continue to avoid air travel during the pandemic. Ryanair, Europe’s largest low-cost airline, Continue Reading
American considering cutting flights to many smaller cities
American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an Continue Reading
How COVID Could Clean Up Airline Emissions
It’s been nearly 12.5 years since Virgin Atlantic flew a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts. Although Sir Continue Reading
Loss-making Lufthansa forecasts no air travel take-off until 2024
Lufthansa does not expect air travel demand to return to pre-coronavirus crisis levels until at least 2024, as the German airline posted a 1.7 billion euro quarterly operating loss. The Continue Reading
Flying declined substantially more than driving during the current pandemic
In this brief note, I examine the distances traveled by flying and driving in the United States in March and April 2020—the first two months of the current pandemic—and compare Continue Reading
Delta Trims Flying Amid Coronavirus Pandemic
Air travel is full of opportunities for coronavirus transmission. Touchless check-in, plexiglass shields, temperature checks, back-to-front boarding and planes with empty middle seats are all now part of the flying Continue Reading
Airline Bailouts Point to Greener Travel — and Higher Fares
Europe’s $36 billion of airline bailouts could herald a shift to lower-emission travel as countries impose environmental strings on aid. Those requirements may also mean customers have less choice and Continue Reading
Covid-19 Crisis Puts Further Pressure on Big Jets
As the coronavirus pandemic rocks the aviation industry, two industry giants are fighting to protect their legacies. WSJ’s Jaden Urbi explains what Boeing and Airbus are doing to survive this Continue Reading