Airlines

American Airlines Launches First 737 MAX 8 Flight In 20 Months As Ryanair On Verge Of Big Order

Amid reports that Ryanair is about to put in the first big order for the revamped Boeing 737 MAX 8 jets, ending what has been a brutal sales drought that followed the two accidents that triggered the worldwide grounding of the jet, which has persisted for nearly two years. But that drought is about to…

Airlines On Track To Lose $157 Billion As Global Slump Worsens; IATA Chief Negative On ‘Immunity Passports’

Airlines are on track to lose up to $157 billion between this year and next year, according to the International Air Transport Association (IATA) – a sharp increase over their June projection of $100 billion in losses they made in June for the same period. The new projection includes a $118.5 billion deficit for 2020,…

“The Worst Isn’t Behind Us” – These Are The World’s Most At-Risk-Of-Insolvency Airlines

It’s no secret by now the worldwide airline industry will lose more than a hundred billion dollars this year because of the virus pandemic that has caused an unprecedented crash of the travel and tourism industry in nearly every country. Unless governments increase financial aid, at least eight major airlines are at risk of bankruptcy.  Using the Z-score…