Industry losses to top $84 billion in 2020

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues rise to $598 billion.

Sigue leyendo

After april passenger demand trough, first signals of uptick

Airbus

The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. This is a rate of decline never seen in the history of IATA’s traffic series, which dates back to 1990.

Sigue leyendo

First Cessna Citation Latitudes configured for Flight Inspection enter service

Textron Aviation  company, recently delivered the first two Cessna Citation Latitude aircraft  configured for flight inspection missions. The aircraft were delivered to Kanematsu Corporation and will be owned and operated by the Japan Air Self-Defense Force (JASDF) to ensure the integrity of instrument approaches and airway procedures that constitute the national airspace of Japan. A third aircraft is anticipated to deliver in early 2021.

Sigue leyendo

Emirates is first airline to conduct rapid Covid-19 tests for passengers

Emirates has become the first airline to introduce rapid on-site coronavirus testing for passengers. The initiative, which has been rolled out in coordination with Dubai Health Authority (DHA), was introduced on a flight to Tunisia. All passengers were all tested for Covid-19 before departing from Dubai.

Sigue leyendo