Just how bad were things for Air India, even before the market collapsed in early 2020? According to the Minister of Civil Aviation the carrier lost money on 319 of the 340 routes it operated globally. Only 6% of the carrier’s network operations met costs for the twelve months from April 2019 through March 2020.
Airplanes and Airports
Thai Airways officially entered its bankruptcy reorganization on Monday. The carrier’s petition for rehabilitation, filed on 27 May 2020, was granted by the Central Bankruptcy Court on 14 September, allowing the company to proceed with its recovery plans.
As LATAM went hunting for cash to see it through bankruptcy it leaned on old friends. But when it comes time to convert the debt to equity, restoring ownership for Delta, Qatar and the Cueto family, the deal proved a bit too sweet for the US Bankruptcy Court to accept.
Why is JetBlue planning two dozen new routes this winter in markets that, a year ago, would have been unthinkable? To quote infamous bank robber Willie Sutton, “Because that’s where the money is.” At least, that’s what JetBlue hopes. Head of Revenue and Planning Scott Laurence explains that the moves “advance our revised network strategy, return more aircraft to the skies and double down on our ability to generate more cash sooner.”
Airline route networks must adapt to shifting demand and long-haul operations are no exception. United Airlines is the latest player to make a move on that front, announcing seven routes today with service slated to launch between December and Summer 2021. The carrier will be reopening some destinations, expanding others and inaugurating a couple of markets never before served.
As Delta Air Lines and its pilots battle over impending furloughs an unlikely candidate for collateral damage is emerging. The carrier may be forced to ground some of its A220-100 fleet as it comes up short on First Officers to operate the type. The company notified 1,941 pilots last Friday of potential layoffs on 1 October.
When Delta Air Lines announced a massive deal three years ago to bring the A321neo into its fleet the planes were just a part of the news. The maintenance support opportunity associated with the contract is huge, and Delta TechOps took a major step forward on that front late last month, completing the first comprehensive maintenance visit of a PW1100G-JM engine.
Have a hankering for an inflight meal but unable to travel? If you’re in Bangkok Thai Airways is happy to help sate that desire. The airline launched a pop-up cafe at its headquarters building for visitors to drop in and grab a snack.
Fresh off the issuance of its Airline Operations Certificate over the weekend Amazon is now also the proud owner of its first cargo 767 operating under a direct registration rather than through a leasing agreement. The registration N503AZ was issued on 31 August 2020 to Amazon.com Services LLC.
The commecial aviation industry as we once knew it faces a dire situation. And none of the recent data offers much of the way in optimism for the coming months.