IATA predicts over $38 billion in industry losses next year—more than after the global financial crisis but a third of the 2020 deficit.

As the industry gets ready for a recovery in demand, legacy airlines and low-cost carriers alike are rethinking their product strategies.

The vaccines against COVID-19 are raising hopes and Wall Street is abuzz over a “light switch bull case” investment thesis where commercial air traffic surges back and business returns to normal sooner than 2023-25. 

Delta Air Lines and KLM Royal Dutch Airlines plan to launch COVID-tested flights between Atlanta and Amsterdam, as carriers look to speed up the restart of international travel.

Overall FMS transactions in 2020 declined by 8% compared to the previous year’s mark of $55.4 billion, and by 8.77% from a modern peak of $55.66 billion set by the Trump administration in 2018.

Some business travelers, media staff and “elite sportspersons” will be exempted from COVID-19 quarantine on their return to England, under the latest guidance issued by the UK Department for Transport (DfT).

Volaris is eyeing further growth at Mexico City Juarez International (MEX) as the ULCC seeks to exploit opportunities created by the COVID-19 pandemic.

Scandinavian Airlines (SAS) is preparing itself for a strong competitive environment when the airline business returns to a kind of normal after the COVID-19 pandemic subsides.