On the 14th of May, last Friday, only seven commercial flights arrived at Florence Airport, according to data by Flightradar24. The city, one of the top touristic cities in Italy, had only a handful of domestic services to key cities and a couple of flights to some of the big European hubs, as travel restrictions to Italy remained tight. This example illustrates the current state of the aviation sector in Europe. The borders were not closed, but restrictions are such that tra
As if a pandemic shattering demand for air travel was not enough, last week aviation headlines were centered on another chaotic event for about 20 airlines: due to a malware attack, the systems of Radixx, a Sabre (SABR)-owned company that offers budget solutions mostly to low-cost airlines, had to shut down temporarily. The most echoed effect was on U.S. startup Avelo Air; the outage shut down its system on April 21, exactly seven days before its first revenue operation, and
Anyone following the United States commercial aviation market might spot a trend within the two most important and advanced startups: their business model is basically the same, offering unbundled service for very low fares and serving less dense markets, which mostly never saw any nonstop services. The first, Avelo Airlines, has already started sales, and the first routes came to no surprise. 11 nonstop routes from its initial base -- Burbank, a secondary airport in the Grea
December 2020 will go down in history as the month when the COVID-19 vaccine started to be distributed on a large scale. By the 21st, according to Bloomberg’s tracker, more than one million doses were administered in the United States and in the United Kingdom alone, with almost three million of the Pfizer Inc. (PFE) BioNTech SE (BNTX) shots distributed in the U.S. Despite the million figures reached in the first weeks of distribution, the challenge is much larger than that.
After more than a year of grounding, The Boeing Company (BA) 737 MAX is back to revenue service, with Gol Linhas Aéreas Inteligentes S.A. (GOL) in Brazil doing the honours with its airliners of the model connecting key markets in Brazil. Other airlines around the world expect to roll out Boeing’s narrowbody again in the coming weeks and months. Now that all eyes are faced at this worldwide relaunch, one question comes to mind: what’s next for the 737 MAX? The first factor to
Here we go again. As any experienced executive in the aviation industry knows, this is an industry that has only one constant - change. Over the past 30 years, airline executives have (or should have) learned to expect the unexpected. This has (or should have) made them more resilient. It also (should have) influenced their decision making. Certainty is not a word airline executives have much use for. Resilience, robustness, discipline, sustainability, creativity, focus, cam
As we predicted at the end of 2016, the global airline industry was due for a downturn. It was wholly predictable. As usual, during years of high profitability, airlines continually ad capacity, hoping the bubble won't burst. In parallel, airlines oder aircraft up to 10-15 years in advance. Aircraft being delivered during the profit decade from 2010 were ordered long before. But airlines kept ordering more aircraft, in record numbers in 2011, 2013 and 2014 with many deliverie