Over the last two days, there have been two positive news on the airline profitability front. Delta Air Lines - one of the top three US carriers reported a profit of $652 million in the second quarter of the calendar year. This is the first profit for the airline since the pandemic began and also … Continue reading Airlines have started reporting profits, when will the page turn for airlines in India?
Airbus and Boeing - two of world’s largest aircraft manufacturers declared their half yearly results over the last two days. On expected lines, both have declared losses. Boeing saw a drop of 26% in revenues in the first half of 2020 over the same period last year. The drop was 39% for Airbus. For Boeing, … Continue reading Airbus and Boeing results show COVID19 pain is here to stay
Coming close to the heels of Emirates becoming the first airline to conduct a pre-flight COVID-19 test, Vienna airport has announced a facility to offer PCR tests for detecting Coronavirus. Austria mandates a 14-day quarantine for passengers arriving by any mode of transport from outside the country. Starting today, passengers arriving at Vienna airport will … Continue reading Vienna airport to offer PCR tests for COVID-19, will this be the future of flying?
The International Air Transport Association (IATA) has released new analysis today which shows that 25 million jobs are at risk of disappearing due to the COVID-19 crisis. IATA claims that 2.7 million are airline jobs and over 65.5 million people are dependent on the aviation industry and this includes travel and tourism industry. Global air … Continue reading IATA predicts 25 million jobs are at risk globally due to COVID19