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Loss of Australian airline company Qantas in the second half-year of 2020 exceeded 1 billion USD

10

Mar 2021

Loss of Australian airline company Qantas in the second half-year of 2020 exceeded 1 billion USD

Leading Australian air carrier Qantas recorded significant losses of profits in the second quarter of 2020. As the report published on the company’s web-site says, the loss of the airline company made 1,2 billion USD while for the same period of 2019 the profit made 613 million USD. The document marks that coronavirus pandemic has seriously influenced financial results of 2020, however the biggest losses…

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New support package to US airline companies put investors on guard

08

Mar 2021

New support package to US airline companies put investors on guard

US airline companies will receive third support package from the budget for 14 billion USD. Relevant committee of the House of Representatives approved this project with narrow majority, Prime writes. Assistance to airline companies will be directed to payment of the salary to pilots, stewards and other employees that were at risk to be dismissed as well as two previous times. 14 billion will be…

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American airline company United Airlines ordered 200 compact electric airplanes Archer

06

Mar 2021

American airline company United Airlines ordered 200 compact electric airplanes Archer

American airline company United Airlines joined other companies that invest in Archer – start-up that develops small electric airplanes with vertical take-off and landing (eVTOL). If Archer gets flight certificate from Federal Aviation Administration company plans to start deliveries of the airplanes in 2024. Archer cofounder and CEO Adam Goldstein declares that market of electric airplanes has big perspectives but partnership with such giant as…

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Centenary European airline company will dismiss all employees

03

Mar 2021

Centenary European airline company will dismiss all employees

Czech Airlines plan to dismiss all 430 employees due to coronavirus pandemic consequences, writes Seznam Zpravy newspaper. European airline company with almost centenary history that was founded in 1923 made such decision due to financial problems. Earlier it asked for state support in amount of 1,1 billion Czech koruna (more than 51 million USD). However, the Ministry of Transport, Industry and Trade of Czech Republic…

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Airline company Norwegian cancelled order for 88 airplanes of Airbus production

01

Mar 2021

Airline company Norwegian cancelled order for 88 airplanes of Airbus production

Carrier bears record losses, passenger turnover in the spring of 2020 fell almost by 99%. Norwegian airline company cancelled order for 88 narrow-body airplanes manufactured by Airbus company, informs Reuters agency with the reference to representative of airline company. Airline company born losses in amount of 4,8 billion of Norwegian krone (about 93,5 million USD) in the fourth quarter of 2020 due to termination of…

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UEFA announced that Qatar Airways became official airline company of Europe Championship 2020

26

Feb 2021

UEFA announced that Qatar Airways became official airline company of Europe Championship 2020

It is an honor for UEFA to inform that airline company Qatar Airways signed agreement and became partner of EURO-2020. National Qatar airline company will be official air carrier of the tournament. As partner of one of the biggest sport competitions of the planet Qatar Airways will place their logo on all digital platforms and stadiums of final tour in the framework of which 51…

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Korean airline company due to pandemic launches flights “to nowhere”

24

Feb 2021

Korean airline company due to pandemic launches flights “to nowhere”

The biggest airline company of South Korea Korean Air decided to launch flights “to nowhere” against the background of coronavirus pandemic crises. Korean Air plans to use passenger airplane Airbus A380. First trip is planned on February 27th. The flight will have the route from Incheon airport and back. In particular, the airplane will fly over the Sea of Japan, Pusan, Cheju island, Korea Strait….

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Delta airline company hired Chief Health Officer

22

Feb 2021

Delta airline company hired Chief Health Officer

In American airline company Delta due to pandemic appeared new position – Chief Health Officer. First specialist on this position became cardiologist Henry Ting who worked before in Mayo Clinic (Rochester, Minnesota). Earlier doctor Ting consulted carrier in the questions of COVID-19 testing, virus spreading and tactics due to pandemic. Now he will be responsible for physical and psychological health of the employees, clients and…

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The Government of Montenegro acquired two airplanes for new airline company

19

Feb 2021

The Government of Montenegro acquired two airplanes for new airline company

On session that took place on February 16th Montenegro government took decision about acquisition of two airplanes Embraer 195 for necessities of the airline company ToMontenegro for total cost 21,78 million USD. In such a way as the Ministry of Finance and Social Welfare informed government managed to save 43 million USD. “Today was reached huge progress. Instead of paying more than 43 million USD…

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European resort air carrier launches freight traffic

17

Feb 2021

European resort air carrier launches freight traffic

Air Belgium acquires six cargo airplanes. Airline company Air Belgium that specializes on long-haul tourist traffic to resort destinations announced plans to diversify business into cargo transportation. “In the nearest time airline company will introduce into service four cargo airplanes and strives to bring the cargo fleet to 6 units to the end of 2021”, – the message of the airline company says. In 2018…

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