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Airline News

Page 3

Bringing you the latest airline news and airline industry insights. Get the need-to-know developments in passenger experience, ancillary services, revenue management, loyalty & technology.

Richard Branson Pledges $250 Million to Help Virgin Companies Battle Coronavirus

Richard Branson Pledges $250 Million to Help Virgin Companies Battle Coronavirus

Reuters

The $250 million pledge sounds like a lot of money, but in this situation probably isn't. It'll also be interesting to see what form the investment actually takes.

3 weeks ago

Tightening Coronavirus Curbs Sap Travel Demand Through Airline Hubs

Tightening Coronavirus Curbs Sap Travel Demand Through Airline Hubs

Jamie Freed, Reuters

Airport hubs are now a shadow of their former selves as the coronavirus spreads turbulence across the global airline industry. Can it get any worse?

3 weeks ago

Airlines Will Need to Lose Hubris and 5 Other Top Aviation Stories This Week

Airlines Will Need to Lose Hubris and 5 Other Top Aviation Stories This Week

Faye Chiu, Skift

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.

3 weeks ago

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How Travel Agencies Are Winning Over Customers and Airlines in a Fragmented Industry

How Travel Agencies Are Winning Over Customers and Airlines in a Fragmented Industry

Airlines Reporting Corporation (ARC) + Skift

In search of a competitive edge, price transparency, and the ability to offer better service to their customers, travel agencies find value in indisputable data provided by aggregators such as Airlines Reporting Corporation (ARC).

4 months ago

Will Government Support be Enough to Keep Norwegian Air Going?

Will Government Support be Enough to Keep Norwegian Air Going?

Victoria Klesty, Reuters

It sounds generous, but Norwegian probably needs more help. As one analyst noted, getting creditors onboard in the current circumstances may prove impossible.

3 weeks ago

AirAsia CEO Tony Fernandes Cleared of Bribery Allegations

AirAsia CEO Tony Fernandes Cleared of Bribery Allegations

Liz Lee, Reuters

The AirAsia Group must be relieved to have its top leaders back at the helm amid the coronavirus turbulence that the global airline industry is now facing.

3 weeks ago

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

Patrick Whyte, Skift

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?

3 weeks ago

See the Coronavirus Impact on Airlines With These Charts

See the Coronavirus Impact on Airlines With These Charts

Patturaja Murugaboopathy, Reuters

These charts paint a dire picture, as of March 17. "But one big difference between now and post-9/11 is this: U.S. airlines can borrow money," as Skift Airline Weekly Senior Analyst Jay Shabat has noted. "Last time the banks and other lenders were like, 'No way, not giving those airlines a dime.'"

3 weeks ago

Korean Air Feud Escalates as Activist Fund Offers to Buy Delta Stake

Korean Air Feud Escalates as Activist Fund Offers to Buy Delta Stake

Reuters

Given the coronavirus outbreak and the damage it is doing to airlines across the world, Delta might be tempted to take up this offer.

3 weeks ago

Why U.S. Airlines Will Need to Lose the Hubris After We Bail Them Out

Why U.S. Airlines Will Need to Lose the Hubris After We Bail Them Out

Brian Sumers, Skift

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.

3 weeks ago

Dire Case for Airlines Laid Out by Industry Trade Group

Dire Case for Airlines Laid Out by Industry Trade Group

Patrick Whyte, Skift

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.

3 weeks ago

How Frequent Flyer Programs Can Offer Some Relief to Struggling Airlines

How Frequent Flyer Programs Can Offer Some Relief to Struggling Airlines

Brian Sumers, Skift

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.

4 weeks ago