TagsCOVID-19

Travel Advisory: AirAsia will only accept fully-vaccinated guests on its flights

Check-in via airasia Super App is now MANDATORY to minimise exposure through physical contacts, paper movement. In preparation for the full resumption of its domestic and subsequently international flight services, AirAsia Malaysia (flight code AK) has made it mandatory for only completely vaccinated adult guests to be allowed to board its flights, effective immediately. Guests […]

airBaltic gets approval for additional equity

To compensate the losses caused by the ongoing Covid-19 pandemic and to support overcoming the economic crisis, the Cabinet of Ministers of the Republic of Latvia, as the majority shareholder of the Latvian airline airBaltic, has today, on August 17, approved the investment of EUR 90 million into the equity of airBaltic. It is now […]

Emirates Group records annual loss of $6 billion due to COVID-19 pandemic impact, its first non-profitable year in over three decades

The Emirates Group announced its first year of loss in over 30 years caused by a significant drop in revenue, fully attributed to the impact of COVID-19 related flight and travel restrictions throughout its entire financial year 2020-21. Released in its 2020-21 Annual Report, the Emirates Group posted a loss of AED 22.1 billion (US$ […]

US lowers outbound restrictions on dozens of destinations

The US has stopped requesting citizens “avoid all travel” to a number of destinations as Covid-19 vaccinations begin to have an impact around the world. In total, officials eased travel restrictions for 61 countries. The US Centres for Disease Control & Prevention (CDC) lowered countries such as France, Spain and Italy into level three, which […]

Airlines urge governments to replace quarantine with testing

The results of a joint trial conducted by American Airlines, British Airways and the oneworld Alliance reveal that a comprehensive Covid-19 testing programme can help re-open international travel, safely. This is underpinned by analysis from researchers at the University of Oxford, who studied data on how passengers evaluate risk and comply with Covid-19 rules. The […]

Ryanair sees record losses in wake of Covid-19

Ryanair has reported a full-year loss of €815 million for financial 2020 as the Covid-19 pandemic took a huge toll on the airline industry. The figure compares to a profit of €1 billion in the previous year, and is the largest annual loss ever reported by the low-cost carrier. The Irish airline carried just 27.5 […]

IAG to offer €800m in new bonds as travel shutdown continues

International Airlines Group (IAG) is launching an €800 million bond issue as the shutdown of international travel in response to Covid-19 continues. The group, which owns British Airways, Iberia and Aer Lingus, will offer the bonds on May 18th, with repayment due in 2028. The offering is being issued by IAG under the powers delegated […]

Boeing Launches $10 Million Emergency Assistance Package to Support India’s COVID-19 Response

Boeing has announced a $10 million emergency assistance package for India to support the country’s response to the current surge in COVID-19 cases. The assistance from Boeing will be directed to organizations providing relief, including medical supplies and emergency healthcare for communities and families battling COVID-19. The Boeing team in India totals 3,000 employees, in […]