Engineer Senior to close Dutch plant as aviation demand shrinks November 3, 2020 Aerospace engineer Senior this morning announced that it would close its plant in the Netherlands as the coronavirus pandemic continued to crush the aviation industry. In a trading update this morning, the London-listed firm said that aerospace sales were down 45 per cent for the third quarter, and 36 per cent for the year to [...]
Airlines plead for emergency support as international travel banned November 1, 2020 The UK aviation industry has made fresh pleas for emergency financial support from ministers after international travel was banned for the duration of the new lockdown. From 5 November to 2 December, foreign holidays have been banned – as well as overnight stays in the UK. The decision is a hammer blow to the country’s [...]
What’s in store for the airline industry this winter? October 30, 2020 Although every industry has suffered due to the coronavirus pandemic, few have been as hard hit as the world’s airlines. At the beginning of the year, the idea of a world without global air travel was for most people a relic of a long-forgotten past, but seven months of extreme turbulence have flipped that notion [...]
United Airlines opens door to London-New York travel with free Covid testing October 29, 2020 US carrier United Airlines has today announced the world’s first free transatlantic coronavirus testing trial in a glimmer of hope for the travel industry. Under the scheme, the airline will offer every passenger over the age of two on flights between Newark and London Heathrow a test for the disease. The trial will run between [...]
Exclusive: Private jet sector remains ‘robust’ amid air travel slump October 27, 2020 The number of flights made on private jets in August was nearly three per cent higher than in the same month last year, new data for City A.M. has shown. Analysis from business aviation broker Colibri Aircraft showed that there were 68,525 such flights in August, a 2.8 per cent rise year-on-year, despite the coronavirus [...]
Aircraft orders flatline in September after worst ever quarter October 26, 2020 No commercial aircraft were ordered last month as the global aviation industry recorded its worst ever quarter on record due to the coronavirus pandemic. From July to September, there were just 13 orders placed for planes, a decline of 91.4 per cent on the same quarter last year. There were four orders in July, and [...]
Travel corridors: ’50 per cent’ chance of London-New York travel by end of November October 23, 2020 There is a 50:50 chance that a travel corridor between London and New York could be set up before Thanksgiving, Heathrow Airport’s chief executive said today. John Holland-Kaye said that preparations for a trial testing scheme to enable business travel were advancing rapidly. Speaking to the Evening Standard, he said that the national holiday, which [...]
US airlines continue to bleed cash as wait for stimulus package goes on October 22, 2020 US airlines laid out the continued cost of the coronavirus pandemic today as the wait for a new stimulus package from federal authorities went on. American Airlines fell to a loss of $2.4bn (£1.8bn) in the period from July to September, its third consecutive quarterly loss. The Texas-headquartered carrier revenue fell 73 per cent compared [...]
British Airways owner IAG nosedives into €1.3bn pandemic loss and cuts flights over winter October 22, 2020 British Airways owner IAG nosedives into €1.3bn pandemic loss and cuts flights over winter
United Airlines tests digital Covid pass on UK-US flight in effort to reopen borders October 21, 2020 United Airlines will today test a digital coronavirus pass as part of a global pilot programme to establish a common international standard for Covid-19 test results. The nonprofit programme, called CommonPass, has been developed in the hopes it will speed up the reopening of borders, as the future of the airline industry remains precarious while [...]