Aviation FeaturedCathay Pacific posts HK$21.6 bn loss for 2020Pritam BordoloiMarch 11, 2021 by Pritam BordoloiMarch 11, 2021 The airlines claim 2020 to the most challenging 12 months of the airline’s 70-year history... Read more
Aviation FeaturedAircraft lessor Avolon announces $37 mn loss for 2020Pritam BordoloiFebruary 12, 2021 by Pritam BordoloiFebruary 12, 2021 The company leases a fleet of 850 aircraft to 142 airlines across the globe... Read more
Aviation FeaturedQatar Airways expands connectivity to Sao PauloInternational Finance Business DeskJanuary 11, 2021 by International Finance Business DeskJanuary 11, 2021 An expanded codeshare agreement with LATAM Airlines Brazil will optimise connectivity for both airlines to and from Asian destinations... Read more
Aviation FeaturedAirlines shrink UK schedules over fresh lockdownsInternational Finance Business DeskJanuary 6, 2021 by International Finance Business DeskJanuary 6, 2021 The fast spreading virus strain is affecting industries, and it seems like aviation is about to take a hit again... Read more
Aviation FeaturedAirlines will need to cut more jobs, IATA saysPritam BordoloiOctober 29, 2020October 29, 2020 by Pritam BordoloiOctober 29, 2020October 29, 2020 Global airline revenue in 2021 will be down 46% compared to the 2019 figure of $838 bn... Read more
AviationEtihad now operates to 58 international destinationsPritam BordoloiSeptember 18, 2020 by Pritam BordoloiSeptember 18, 2020 The carrier added Casablanca and Rabat in the Morocco to its flight schedule... Read more
TechnologyAirAsia working on new super app to rival Grab, GojekPritam BordoloiSeptember 1, 2020September 1, 2020 by Pritam BordoloiSeptember 1, 2020September 1, 2020 AirAsia’s founder Tony Fernandes said the carrier is looking for new ways to generate income... Read more
AviationThai Airways reports losses of around $900 mn during H12020Pritam BordoloiAugust 18, 2020August 18, 2020 by Pritam BordoloiAugust 18, 2020August 18, 2020 The carrier posted losses of around $170 mn in the second quarter... Read more
Aviation FeaturedKenya Airways plans to layoff 590 jobs in second phaseInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 Last month, it eliminated 700 staff members as part of the first phase of the exercise... Read more
Aviation FeaturedAir Traffic will not return to pre-Covid-19 level before 2024: IATAPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020 Recovery in short-haul travel is still expected to happen faster than for long-haul travel... Read more