‘Worse than 9/11’: Coronavirus threatens global airline industry

‘Worse than 9/11’: Coronavirus threatens global airline industry

Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the September 11 attacks, which saw US airspace shut down entirely. I Italy moved to take over insolvent Alitalia while Sweden and Denmark offered 275 million euros…

EC proposes measures to limit COVID-19 impact on aviation industry

EC proposes measures to limit COVID-19 impact on aviation industry

By temporarily suspending airport slot regulations, the European Commission hopes to alleviate the pressure on airports and airlines amidst the COVID-19 crisis. As the coronavirus (COVID-19) outbreak has an increasingly major impact on the international and European aviation industry, the situation is now deteriorating on a daily basis and traffic is expected to decline further in the…

How President Trump Hopes To Help The Airline Industry

How President Trump Hopes To Help The Airline Industry

While COVID-19 continues to create concerns for passengers in the United States, President Donald Trump has vowed to help airlines during their struggles. The outbreak of the virus has caused a massive shift in the aviation market but the politician has shared that he will assist the affected carriers. Working together The New York Post reports that Trump…

Dire times for global airline industry

Dire times for global airline industry

London: The failure of Europe’s biggest regional airline – flybe – and a dire revenue outlook from the industry’s leading trade group stoked concern that the impact of the coronavirus could trigger the collapse of weaker carriers around the world. Flybe, Britain’s biggest domestic airline, was placed in administration – a form of bankruptcy –…

Eco travel: What are our current options for green aviation

Eco travel: What are our current options for green aviation

When the first commercial flight took off on 1 January 1914, the carbon emissions contributing to air pollution were probably not the highest priority. More than a century later, in 2019, the actions of young environmental activist Greta Thunberg helped raise awareness of the Swedish term flygskam — translated as “flight shame” — to the rest of the world.…

Delta Invests $1B in Fighting Climate Change, Including Fuel-Efficient Planes

Delta Invests $1B in Fighting Climate Change, Including Fuel-Efficient Planes

Delta will invest $1 billion to curb climate change, NBC News reported. The airline’s endeavors to reduce its carbon footprint will include funding clean-air technology while reducing waste. The choice of aircraft purchases depends on flight range and fuel efficiency. According to NBC News, Delta Air Lines is the first airline to make a such a large…

Delta Commits $1 Billion to Become First Carbon Neutral Airline Globally

Delta Commits $1 Billion to Become First Carbon Neutral Airline Globally

Delta Air Lines is committing $1 billion over the next 10 years on its journey to mitigate all emissions from its global business going forward. The airline will invest in driving innovation, advancing clean air travel technologies, accelerating the reduction of carbon emissions and waste, and establishing new projects to mitigate the balance of emissions.…

Coronavirus Epidemic Could Cost Aviation Industry Up To $5 Billion

Coronavirus Epidemic Could Cost Aviation Industry Up To $5 Billion

The International Civil Aviation Organization (ICAO) has said that the cost of the coronavirus to worldwide airline revenue could top $5bn. The tourism impacts of reduced Chinese travel is predicted to hit markets in Japan and Thailand the hardest, with over $1bn in revenue estimated to be at risk in both countries. In the meantime,…