Argentina could resume international commercial flights in October, the transport ministry said, following the approval of the new passenger and airport protocols for international travel by the ministry of health, the requirement government stated previously for lifting a strict travel ban
Airlines and airports have asked a United Nations-led task force meeting on Monday to recommend that countries accept a negative Covid-19 test within 48 hours of travel as an alternative to quarantines that have decimated demand for travel, according to a document seen by news agency Reuters.
Passenger revenues are expected to fall to US$241 billion (down from US$ 612 billion in 2019). This is greater than the fall in demand, reflecting an expected 18% fall in passenger yields as airlines try to encourage people to fly again through price stimulation. Load factors are expected to average 62.7% for 2020, some 20 percentage points below the record high of 82.5% achieved in 2019.
Mask wearing, temperature controls, disinfection of aircraft - the International Civil Aviation Organization on Monday published a series of health recommendations for a pandemic-hit airline industry as it re-launches air travel.
The body representing global airlines came out against leaving middle seats empty on aircraft on Tuesday, as debate intensifies over how to get airlines flying while respecting social-distancing rules in the wake of the coronavirus crisis.
As passenger demand evaporated around the world due to the COVID-19 pandemic, the International Air Transport Association (IATA) has warned airlines are fighting for survival. The airline association stated that airlines need $US200 billion in liquidity support as they face “apocalypse now.”
Airlines operating in the Asia-Pacific region stand to lose a combined US$27.8 billion of revenue this year in the ongoing coronavirus crisis, the International Air Transport Association said on Thursday.
Aerolineas Argentinas has become the latest carrier to suspend flights to Caracas. The company said it had concerns over security in Venezuela because of increasing criminal violence and political uncertainty. It joins dozens of airlines who have taken similar action.
Airlines must pay compensation to passengers who are delayed by three hours or more, the European Court of Justice (ECJ) has ruled. The judgement upholds the court's 2009 ruling, which was challenged by a group of airlines including BA and Easyjet.
IATA, (International Air Transport Association) announced an upgrading of its industry profit expectations to 6.9 billion dollars, up from 4 billion projected in June. IATA emphasized that, despite the improvements, profitability at these levels is still exceptionally weak (1.2% net margin) considering the industry’s total revenues of 594 billion dollars.