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
Not Even Christmas Can Save a Battered Market for U.S. Jet Fuel
Even with air travel surging ahead of the Christmas holiday in the U.S., demand for jet fuel is unlikely to fully recover anytime soon. Foot traffic through airports last weekend topped 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
Airline Slump Still Dogs Oil Demand
Oil prices may be ticking upward, but oil demand still isn’t getting any relief from jet fuel demand, according to the Energy Information Administration’s This Week in Petroleum report published Continue Reading
Airline passenger numbers down 61% on year in 2020: IATA
Air passenger numbers are set to have weakened by almost 61% in 2020 on the year to 1.8 billion, the International Air Transport Association said in a statement Nov. 24. Continue Reading
International flyers may soon need to get virus vaccinations
International air travel could come booming back next year but with a new rule: Travelers to certain countries must be vaccinated against the coronavirus before they can fly. Encouraging news Continue Reading
Emirates Sees 2022 Return of Jumbo A380s as Travel Recovers
Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed around the world, meaning the carrier’s full fleet of jumbo Airbus SE A380 jets could Continue Reading