Analysts from Morgan Stanley have predicted that US passenger air travel demand will return to pre-COVID levels by late 2021 to early 2022, years ahead of the International Air Transport Association’s prediction. Despite the fact that the IATA has predicted that air travel demand will continue to be subdued below 2019 levels until early 2024,
Ryanair has slashed its annual passenger target by a further 10 million as travel restrictions persist, and a new wave of COVID-19 cases sweeps through Europe. The airline group’s chief executive Michael O’Leary said that the upcoming European winter travel season will essentially be “a write-off”, as the airline cut its annual passenger target to
A new Republican COVID-19 spending package introduced into the US Senate on Tuesday does not include any new government assistance for US airlines or airports, as the industry faces job losses in the tens of thousands come October. The US aviation sector and industry unions have been pushing for a six-month extension of federal aid,
Despite Airbus’ aircraft deliveries taking a dive in August, the European planemaker remains well ahead of its besieged US rival, Boeing, in both deliveries and net new orders. Airbus has announced that it delivered 39 aircraft in August, down from the 49 jets it delivered in July, and only slightly down from the 41 aircraft
Just one day after the announcement of an FAA probe into the 787 Dreamliner, Boeing’s woes unfortunately continue, as the planemaker announced another new fault found in its aircraft. Boeing has revealed a fault in its Dreamliner’s horizontal stabiliser, apparently only on its planes that are yet to be delivered. It appears that some components
The Dubai-owned airline said the 1.4 million requests it’s processed so far worldwide amount to 90 per cent of its huge backlog.
