American Airlines Posts $2.2 Billion Loss During Pandemic
American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coronavirus pandemic triggered a sharp drop in air travel.
The airline’s revenue fell 19% while...
Delta to Resume Select International Services in May
On April 24th, US carrier Delta Air Lines released a list of international services that will begin in May. While international capacity will be down almost 90%, select routes...
International Cooperation Critical to Economic Recovery of Central American And Caribbean Aviation-Centric National Economies
Addressing North American, Central American and Caribbean (NACC) Directors General of Civil Aviation by videoconference, ICAO Secretary General Dr. Fang Liu stressed the pivotal role of international cooperation, including...
Ryanair will cut as many as 3,000 jobs in the wake of the coronavirus pandemic
The low-cost carrier grounded all flights in mid-March as European destinations closed borders, with no resumption of services expected until at least July.
Job losses will largely be among pilots...
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American Airlines falls to $2.2b loss in first quarter
American Airlines has reported a first-quarter net loss of $2.2 billion, or $5.26 per share.
Excluding net special items, first-quarter net losses totalled $1.1 billion.
Revenue at the US-based carrier dropped...
Gol cancels 34 Boeing 737 MAX orders
Gol Linhas Aéreas Inteligentes S.A. has announced it reached an agreement with the Boeing Company (“Boeing”) regarding the 737 MAX, which includes cash compensation and changes to future orders...
