In airline news this week, it's important to remember that airlines are not ordinary companies, more like utilities in many ways with a public trust responsibility. So it's time to lose the hubris when the coronavirus crisis calms down. What's more, loyalty programs are one of the biggest assets airlines have, and it's an option for them to leverage those programs for much-needed cash.
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines aviation.
For all of our weekend roundups, go here.
Why U.S. Airlines Will Need to Lose the Hubris After We Bail Them Out: Richard Anderson, the former Delta Air Lines CEO, loved to talk about how Delta was a high-quality industrial company. Delta is a great airline, no doubt. But let’s be honest: Airlines are not regular companies. We’re now being reminded of that fact.
U.S. Airlines Selling Cheap Flights Far in Advance to Fill Coffers: At first, U.S. airlines tried to keep prices steady for summer travel and beyond. But now that’s going away. Most airlines are offering cheap fares on many routes through the end of their schedules.
How Frequent Flyer Programs Can Offer Some Relief to Struggling Airlines: Loyalty programs are one of the biggest assets at an airline. As bad as things are, the programs probably still have value that airlines can leverage for cash.
Lufthansa CEO Sees His Airline Surviving Through Carnage to Come: The aviation industry is going to change dramatically over the coming weeks and months. Lufthansa thinks it is well-placed to ride this one out, but how many other airlines can say the same?
U.S. Travelers Rush to Cancel Domestic Travel Plans: New Skift Research Poll: This was the week that broke the camel’s back. Skift Research believes that effectively all short-term bookings in the U.S. have been canceled at this point. Three weeks ago that would’ve been a shocking statement; today not so much.
Dire Case for Airlines Laid Out by Industry Trade Group: Even the best-run airlines will eventually run out of cash if ticket sales dry up. Governments across the world are going to have to step in.
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Photo Credit: U.S. airlines will need to take a more humble approach to customer relations in a post-coronavirus world, especially if they receive financial bailouts. Or their aircraft would remain empty like the one shown here. United Airlines
White House Aims For 20 Percent Lower Aviation Emissions by 2030
As the race for net carbon neutrality inches closer, governments are looking for ways to incentivize airlines into reducing their carbon footprints. Let's be real, who doesn't like a tax cut, but why can't an airline do the right thing for the sake of the people it serves?
Allison Lampert, David Shepardson, and Jarrett Renshaw, Reuters | 1 week ago
Aviation Insurers Hold Back on Afghanistan Flights After U.S. Troops Leave
Airline insurers want more security and proper air traffic control at Kabul's airport before restarting their coverage of commercial flights there. The concerns are understandable.
Carolyn Cohn and Noor Zainab Hussain, Reuters | 3 weeks ago