/News

Azul June Network Update

Source: Azul Azul S.A. (“Azul”) announces today that it will increase its June schedule to 168 flights per peak day compared to 115 daily departures in May, and 70 flights per day in April. In addition, the Company will be flying to 57 domestic destinations in June, up from 38 cities served in May and 25 destinations served in April. “Although our June capacity is still approximately 80% down year over year, we are seeing a positive trend in demand since the outbreak of the Covid-19 pandemic. We will continue to monitor revenue conditions and expand our network as several cities in Brazil gradually lift travel restrictions and demand returns, especially in the state of São Paulo, which is expected [...]

2020-05-22T01:18:16+03:00May 22nd, 2020|AIRLINES, News|

ACI and IATA Outline Roadmap for Aviation Industry Restart

Source: IATA International (ACI) World and the International Air Transport Association (IATA) have called on governments to ensure any new measures introduced for airports and airlines in the wake of COVID-19 are supported by scientific evidence and are consistent across the world. The aviation sector has been brought to a standstill and a balanced and effective restart and recovery depends on collaboration among the key participants in the global aviation ecosystem. ACI and IATA have jointly issued a paper laying out a pathway for restarting the aviation industry - Safely Restarting Aviation - ACI and IATA Joint Approach. Airlines and airports have cooperated to build a roadmap for resuming operations which reassures the travelling public that health and safety remain [...]

2020-05-20T16:53:25+03:00May 20th, 2020|News, ORGANISATIONS|

IATA Outlines Layered Approach for Industry Re-Start

Source: IATA The International Air Transport Association (IATA) revealed details of its proposed temporary layered approach to biosecurity for re-starting passenger flights amid the COVID-19 crisis. IATA has published Biosecurity for Air Transport: A Roadmap for Restarting Aviation (pdf) which outlines IATA’s proposal for a layering of temporary biosecurity measures. The Roadmap aims to provide the confidence that governments will need to enable the re-opening of borders to passenger travel; and the confidence that travelers will need to return to flying. “There is no single measure that will reduce risk and enable a safe re-start of flying. But a layering measures that are globally implemented and mutually recognized by governments can achieve the needed outcome. This is the greatest crisis that [...]

2020-05-20T00:30:28+03:00May 20th, 2020|News, ORGANISATIONS|

IATA Board Declares Principles for Industry Re-start

  Geneva – The International Air Transport Association (IATA) announced a commitment by the airline CEOs on its Board of Governors to five principles for re-connecting the world by air transport. These principles are: Aviation will always put safety and security first: Airlines commit to work with our partners in governments, institutions and across the industry to:   Implement a science-based biosecurity regime that will keep our passengers and crew safe while enabling efficient operations. Ensure that aviation is not a meaningful source for the spread of communicable diseases, including COVID-19. Aviation will respond flexibly as the crisis and science evolve: Airlines commit to work with our partners in governments, institutions and across the industry to: Utilize new science and technology [...]

2020-05-19T20:40:49+03:00May 19th, 2020|News, ORGANISATIONS|

Over 2,000 foreign residents have returned to their countries in Aerolíneas Argentinas flights

Source: Aerolíneas Argentinas Aerolíneas Argentinas has confirmed that more than 2,000 foreign residents have returned to their home countries in flights operated by the company. A few weeks ago, the company was authorized to carry foreign residents in the outbound segments of some of its flights. This new stage began with the flight to Quito on April 12, which carried 187 Ecuadorian citizens. The company also carried passengers to London, Madrid, Barcelona, Miami, Rome, Montevideo, Asuncion, Santiago de Chile, São Paulo, Lima, Cancun and Punta Cana. In the same vein, the company confirmed a new flight to Rome, scheduled to depart on May 15, which will carry 100 Italian citizens, and two flights to Madrid, scheduled to depart on May [...]

2020-05-15T22:01:27+03:00May 15th, 2020|AIRLINES, News|

Azul Closes Acquisition of TwoFlex

Source: Azul Azul S.A. “Company” (B3: AZUL4, NYSE: AZUL) announces today the closing of the acquisition of Two Taxi Aéreo Ltda “TwoFlex”. Payment will be made in up to 30 monthly installments, subject to certain financial and operating conditions, and a final payment of up to R$30 million, which shall be deposited in escrow as collateral in favor of the Company for a determined period. The total purchase price will be R$123 million. The transaction was approved without restrictions by the Brazilian Administrative Council for Economic Defense (CADE – Conselho Administrativo de Defesa Econômica) on March 27, 2020. TwoFlex is a domestic airline based in Jundiaí, Brazil. It was founded in 2013 and offers regular passenger and cargo service to [...]

2020-05-15T21:59:59+03:00May 14th, 2020|AIRLINES, News|

Azul Announces Deferral of 59 Embraer Aircraft Deliveries

Source: Azul Azul S.A. “Azul” (B3: AZUL4, NYSE: AZUL) announces today that it reached an agreement with Embraer to defer 59 E2s deliveries, expected to take place between 2020 and 2023, to 2024 and beyond. These aircraft have a list price of R$24.5 billion. Azul has acted very swiftly in adapting its business to the COVID-19 crisis. It adjusted its capacity to the new demand environment by reducing it by 90% in the month of April compared to 2019. It also made headcount and salary changes which allowed the Company to reduce payroll costs by over 50% compared to the similar period last year. “Azul entered this crisis as one of the most profitable airlines in the world. The impact [...]

2020-05-15T21:59:08+03:00May 13th, 2020|AIRLINES, News|

ICAO promotes COVID-19-free public health corridors to keep vital air cargo moving

Source: ICAO ICAO is encouraging the establishment of special COVID-19-free Public Health Corridors (PHCs) to address the “extensive and varied” country-to-country border restrictions now in place due to national pandemic measures.   In an attachment and appendix to its latest bulletin, issued under the authority of ICAO Secretary General Dr. Fang Liu, the UN aviation agency underscored to national governments that current disruptions to international air movements have “severely disrupted the global aviation network, including the transport of essential items such as medical supplies and food.”   To keep supply lines open, and access to needed supplies better assured, the ICAO Collaborative Arrangement for the Prevention and Management of Public Health Events in Civil Aviation (CAPSCA) has recommended that PHCs [...]

2020-05-15T03:41:52+03:00May 13th, 2020|News, ORGANISATIONS|

Avianca Holdings takes important step forward in reorganization

Source: Avianca Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) (the "Company" or "Avianca") today announced that all "first day" motions related to the Company's voluntary reorganization proceedings initiated on May 10, 2020 have been approved on an interim or final basis by the U.S. Bankruptcy Court for the Southern District of New York. Collectively, the orders granted by the Court at the hearing will help ensure that Avianca continues normal business operations throughout the reorganization process. Anko van der Werff, Chief Executive Officer of Avianca, said, "We are very pleased with the prompt approval by the Court of our "first day" motions related to employees, customers, travel agency partners and suppliers, among others. This was an important and positive step [...]

2020-05-12T22:47:56+03:00May 12th, 2020|AIRLINES, News|

Preliminary Air Traffic Data, March 2020:  50% Reduction in U.S. Airline Passengers

Source: US FAA   U.S. airlines carried 51% fewer scheduled service passengers in March 2020 than in March 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 24 airlines that carry 99% of the passengers, dropping to the lowest level of air travel in more than two decades.   The 51% decline in the number of passengers from March 2019 was the largest year-to-year decrease on record.   The airlines carried slightly more total, domestic and international passengers in March 2020 than in September 2001, the month of the 9/11 terrorist attacks.   March 2020 passenger numbers (24 carriers reporting): Total: 7 million passengers, down 51% from March 2019 (79.9M) Domestic: 34.1 million passengers, down [...]

2020-05-12T21:55:48+03:00May 12th, 2020|News, ORGANISATIONS|