Singapore Airlines posted a record US$3.2 billion full-year loss for the 2020 financial year, marking its second consecutive annual loss. The result exceeded analysts expectations, with forecasts for the company’s results in the 12 months to 31 March 2021 averaging US$2.46 billion. The loss was largely driven by the impact of the COVID-19 pandemic, as
Ryanair has finally achieved two victories in European courts, as it continues its attempt to fight against bloc members bailing out their national airlines. The giant European budget airline has legally challenged the European Commission’s decision to approve a number of states to financially bail out major national airlines and rivals in the bloc. In
Boeing has officially resumed deliveries of its embattled 737 MAX after the FAA finally approved a fix for the multiple electrical issues located in a quarter of the MAX fleet. Boeing announced in April that it would once again halt deliveries on the 737 MAX, just five months after its near-two-year delivery hiatus during the
Iceland’s newest low-cost airline PLAY has officially acquired an air operator’s certificate from the Icelandic civil aviation regulator, Icelandic Transport Authority (ICETRA). The airline, founded in 2019, has said it is now set to begin operations in June this year, with its first Airbus A321neo leased from AerCap due to be delivered in early June.
The airline said there was “growing optimism” due to the increased pace of vaccines being rolled out but warned border restrictions caused by new waves of the virus are still having an effect.
The confusion surrounds whether Britons are allowed to go on holiday to ‘amber list’ countries – which require home quarantine on return – or only visit them for essential purposes.
