The world’s airlines are on track to lose a total of $157 billion throughout 2020 and 2021 as global COVID cases continue to surge, according to the IATA. The International Air Transport Association has downgraded its industry outlook since June, when it had forecast $100 billion in losses across the two-year period. Now, the association
Ryanair chief executive Michael O’Leary has said the airline hopes to place new orders on Boeing’s embattled 737 MAX, a 180-degree flip on comments made by Ryanair DAC CEO Eddie Wilson last week. “I think it is important for Boeing to announce some customer orders and we would certainly be very keen to be at
The US Transportation Security Administration has said it screened over 3 million passengers in the weekend ahead of the Thanksgiving holiday, as Americans ignore the CDC’s advice not to travel for the holidays. The figures show it being the busiest weekend for foot traffic through TSA security screenings since the beginning of the pandemic in
Alaska Air Group confirmed on Monday it will lease 13 new Boeing 737 MAX 9 planes from US aircraft lessor Air Lease Corp, less than a week after the jet was approved to re-enter commercial service. The airline also disclosed plans to sell 10 Airbus A320s to Air Lease, which were taken over with the
Emirates has expanded its offering for COVID-19 related insurance to include “multi-risk” travel cover for all passengers from 1 December. The new expanded insurance offering is provided by AIG Travel, and covers any emergency medical expenses up to US$500,000, trip cancellation and curtailment expenses, as well as loss of baggage or belongings. The coverage automatically
Brazilian planemaker Embraer has said it is in “active talks” with potential partners to develop its latest turboprop aircraft, the first it has built in over four decades. It comes after US giant Boeing axed a $4 billion joint-venture deal in April. Embraer had previously aimed to develop its latest turboprop as a part of
