The COVID-19 crisis has changed everything for the airline industry—including attitudes toward the sector’s contribution to climate change. As the recovery gets underway, airlines know they will need to do more than simply carry on with sustainability plans initiated before the pandemic.
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Spirit AeroSystems disappointed Wall Street on May 5 with a reported loss and lower revenues than expected, as well as a sobering cashflow forecast for the whole year.
Atlas Air boosts charter work amid belly capacity decline, former Airbus chief test pilot and chief engineer Bernard Ziegler dies, Widerøe sees a strong summer and more. Take a look at the daily roundup of air transport news.
Digital health credentials—which includes COVID-19 testing and vaccination records—have been embraced by the airline industry as key to restarting the engine of the airline industry.
"As a group at IAG we were very quick to act. We raised liquidity in the commercial sector when we realised the gravity of the situation and changed the business pretty quickly. It was very tough on our people, but if we didn’t sort of rightsize the business last summer we would be facing a much tougher situation."
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What cross-market initiatives are in place for the region and what are the implications for the different stakeholders? What Government support is in place and how does this needed to be supported by airports? What collaboration is taking place across the Middle East to reassure the public and are regulators being challenged to help increase awareness that it is safe to fly?
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