Underlying Loss Before Tax: $1.03 billionStatutory Loss Before Tax: $1.47 billion$6.9 billion revenue impact from COVID-19 crisis in HY21 (down 75%)Underlying operating cash flow: $1.05 billionTotal liquidity of $4.2 billion, providing capital for restructuring and buffer against uncertaintyDomestic airlines generating positive underlying cash flowLosses in Qantas International offset by record Qantas Freight performanceContinued strong cash generation by Qantas LoyaltyRestructuring program on track to deliver $0.6 billion in cost benefits in FY21International flying now aiming to restart end-October 2021
01 March, 2021
Qantas posts massive half year loss
More losses for Norwegian
The budget airline Norwegian reported its fourth-quarter 2020 results last week, showing more massive losses as the carrier edges slowly out of bankruptcy protection. The troubled airline reported a net loss of NOK 16.6 billion.
28 February, 2021
ATSG Reports 2020 Results
Air Transport Services Group, Inc, the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, this week reported consolidated financial results for the quarter and year ended December 31, 2020.
Customer revenues down $4.0 million to $399.4 million, and up $118.4 million to $1.57 billion for the year.
Airbus A321neo - the future MINT experience for JetBlue
The U.S. airline JetBlue has taken delivery of its first Airbus A321neo jet to be configured with the airlines new reimagined premium cabin, Mint, which features an all-new onboard layout, featuring comfort and connectivity perks that set the airline apart from other U.S. carriers.
Early Cherry Blossoms Signal Budding Tokyo Trends For 2021
Surrounded by Ueno’s budding cherry blossoms, Japan’s largest classical music festival, “Tokyo Spring Music Festival 2021,” will begin its month-long event on March 19 and end on April 23. This will be the festival’s 17th annual event and the first time it’ll livestream all musical programs online.
2021’s festival features a diverse lineup of performances such as maestro Riccardo Muti’s “Italian Opera Academy in Tokyo,” the “Tokyo-HARUSAI Wagner Series,” and performances that were postponed last year, all of which are sure to celebrate spring in grand fashion. (An online ticket purchase is required to view livestreaming programs.)
The Agency for Cultural Affairs and the National Museum of Nature and Science have teamed up with the TV anime series Heaven's Design Team (airing this January). Starting last December, exhibits at the museum will offer commentary by voices of characters from the popular comic’s animated series.
The National Museum of Nature and Science in Ueno is the only comprehensive national science museum in Japan. It consists of the Global Gallery, where you can see exhibits about space, earth, the birth of early life and the development of science and technology, and the Japan Gallery, where you can discover nature from the Japanese archipelago and the history of the Japanese people. The anime's detailed depictions of the bodies and ecologies of living creatures make it a fun way to learn about them. At the museum, there are nine exhibits of animals that appear in the anime, with each one featuring an explanation by a character from the show.
https://tendebu.jp/ (Japanese)
27 February, 2021
No further action over NATS delays caused by shortage of staff at the start of the COVID pandemic
Earlier this week the UK's The UK Civil Aviation Authority released its decision in relation to an investigation (Project Palamon) under section 34 of the Transport Act 2000 (TA00). We have considered alleged contraventions by NATS (En-Route) Plc ("NERL") of certain statutory duties under the TA00 and certain conditions of its Air Traffic Services Licence. This investigation followed complaints by Ryanair and Stansted Airport about air traffic flow management delays experienced by airlines and passengers of Stansted and Luton airports.
London Gatwick posts £465.5 million loss for 2020
Gatwick publishes 2020 annual results, with renewed optimism for international travel to return in Summer 2021 whilst maintaining its financial resilience
Cathay Pacific delivers first Fosun Pharma/BioNTech vaccines to Hong Kong and beyond
Cathay Pacific Cargo’s Vaccine Solution proves its value and is recognised by UNICEF’s COVAX distribution initiative
Cathay Pacific has successfully delivered the first batch of Fosun Pharma/BioNTech vaccines to Hong Kong, drawing on its long-established expertise in pharmaceutical shipments under cold chain protocols to meet the handling demands of the Fosun Pharma/BioNTech product.
UK Civil Aviation Authority launches consultation on proposed modifications to the licence of Gatwick Airport Limited
The UK Civil Aviation Authority has this week published a consultation on proposed modifications to the licence of Gatwick Airport Limited (GAL). The purpose of these modifications is to implement the policy approach set out in our October 2020 consultation, in particular to accept a set of commitments offered by GAL as the basis of our economic regulation for the four years from 2021/22 to 2024/25.
SWISS to expand schedules from mid-summer onwards
SWISS to expand schedules from mid-summer onwards
FedEx Express Liam aircraft takes to the skies – a first for Africa
First Airbus A321neo aircraft arrives at JetBlue
The U.S. airline JetBlue has taken delivery of its first Airbus A321neo jet this week, which has been configured with the new reimagined premium cabin, Mint, which features an all-new onboard layout, featuring comfort and connectivity perks that set the airline apart from other U.S. carriers.
26 February, 2021
Gulf Air to start Singapore service
Virgin Galactic has issued its financial results for the fourth quarter and full-year ended December 31, 2020.
American Airlines and Deloitte Pioneer Market-Based Solution to Reduce Carbon Emissions from Air Travel
American Airlines and Deloitte Pioneer Market-Based Solution to Reduce Carbon Emissions from Air Travel
Innovative pilot program designed to increase production of sustainable aviation fuel
From Airline to Landline: United Offers Seamless Travel from Denver International Airport to Breckenridge and Fort Collins
From Airline to Landline: United Offers Seamless Travel from Denver International Airport to Breckenridge and Fort Collins
New luxury bus collaboration allows customers to fly into DEN, have their bags and ski equipment automatically transferred and be driven to Breckenridge and Fort Collins
Commercial revenues of €1,306 million for IAG Cargo during 2020
Photo British Airways |
American Airlines has an offer for AAdvantage members --
Redeem AAdvantage Miles for at-Home COVID-19 Testing Before Take-Off
$67 million net loss for Fly Leasing during 2020
Fly Leasing Limited, a global leader in aircraft leasing, has announced its financial results for the fourth quarter and full year of 2020. As of 31st December 2020, the company had 84 aircraft and seven engines in its portfolio. FLY's aircraft and engines are on lease to 37 airlines in 23 countries.
25 February, 2021
Qantas and Jetstar delay international flights until October
Qantas and Jetstar have slammed the breaks on restarting international flights, the Australian airlines are now planning to restart regular international passenger flights to most destinations from 31 October 2021 – a four-month extension from the previous estimate of July, which had been in place since mid-2020.
KLM's first Embraer E195-E2 lands at Amsterdam's Schiphol airport
The first Embraer 195-E2 from Brazil arrived at Amsterdam Airport Schiphol this afternoon. The new aircraft type is both quieter and more economical than its predecessor the Embraer 190. The 195-E2 uses 9% less fuel per flight and therefore emits 31% less CO2 per passenger in comparison with the E-190. This new type is also 63% quieter than the Embraer 190. Fleet renewal forms an important part of KLM’s approach towards making its operations more sustainable. Seven new aircraft of this type will be joining the KLM Cityhopper fleet this year. KLM has ordered a total of 25.
Delta Air Lines and LATAM joint venture gets final approval
More and improved travel options, shorter connection times and new routes between North America and Brazil will be just some of the benefits for customers.
The Joint Venture agreement has also been authorized in Uruguay while the application process continues in the U.S., Chile and other jurisdictions.
The Joint Venture agreement has also been authorized in Uruguay while the application process continues in the U.S., Chile and other jurisdictions.
Virgin Galactic appointments
Textron Aviation Leads in Business and General Aviation Aircraft Deliveries In 2020
Textron Aviation delivered nearly 560 aircraft to customers worldwide in 2020, leading the General Aviation Manufacturers Association (GAMA) annual shipments and billings report published this week. In total, Textron Aviation delivered more than a quarter of all general aviation aircraft last year. The report also reveals Textron Aviation as the world’s third largest jet manufacturer after Boeing and Airbus, while surpassing Boeing’s turbine fixed-wing deliveries 251 to 210.