Tag Archives: passenger airlines

New US Airline Avelo Enters Competitive Travel Market | Instant News



A new airline is launched, bringing more competition to a domestic travel market that has been ravaged by the coronavirus pandemic but has shown signs of recovery in recent months. Avelo Airlines aims to serve smaller airports and routes that big carriers have ignored or left behind. The new airline is expected to operate its first flight at the end of the month, connecting Burbank to Santa Rosa, Calif., And will initially serve 12 airports in the western states. Avelo was designed before the pandemic disrupted the airline industry. After raising $ 125 million from investors in January 2020 – months before air travel came to a virtual halt in the spring – the airline delayed its launch until demand for travel returned. Andrew Levy, managing director of Avelo, said the time is right. The vaccinations sparked a renewed appetite for the holidays. Passenger volumes at U.S. airports are still down 30-40% from pre-pandemic levels, but airports are busier than they have been for more than a year. While public health officials discourage people from taking travel, the Centers for Disease Control and Prevention said last week that the risks are low for those who have been fully immunized. The pandemic has forced thousands of businesses across the country to close their doors, but has also created opportunities to open new ones. Entrepreneurs are looking to pounce, as states lift restrictions on business activity, betting that consumers with cash to spend are willing to start spending again. .



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Airline startups want some post-Covid travel | Instant News



The worst crisis in aviation history is not over, but new airlines are already assessing the post-pandemic market. While some are successful, their aggressiveness bodes better for travelers than for investors. The capacity of global airlines is still down 40% from January 2020 and travel restrictions are not decreasing. Many carriers, such as Avianca, Aeroméxico and Norwegian Air Shuttle, remain under administration. Yet startups are pushing to take their place. The latest big announcement was made last month by Norwegian founder and former CEO Bjørn Kjos, who will once again attempt to bring low cost flights to transatlantic routes with a new company, Norse Atlantic Airways. Likewise, Icelandic start-up Play is stepping into the shoes of WOW air, which closed in 2019 after attempting the unorthodox combination of low-cost routes and a hub-based network strategy. Most startups will focus on shorter routes. Traditional hub-and-spoke networks have dwindled during the pandemic and analysts believe they could rule out many regional airports for good. Flybig in India, EGO Airways in Italy and Houston-based Avelo Airlines all plan to fill this gap. .



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Slow vaccine rollout in EU and Easter travel restrictions blamed on low passenger numbers at Ryanair | Instant News


Ryanair RYA, + 0.95%, said on Wednesday it expects losses for the year to be slightly less than initially thought, but predicted it would carry less passengers over the next year due to Easter travel restrictions and the European Union’s slow rollout of COVID. 19 vaccination program. The Irish budget carrier plans to report a net loss before exceptional items of between € 800 million and € 850 million ($ 949.9 million to $ 1.01 billion) for the year ending March 2021 , slightly better than its previous forecast in February, between 850 million euros and 950 million euros over the period. It now forecasts the number of passengers for the year ending March 2022 down a previously guided range of between 80 million and 120 million passengers. “” Easter travel restrictions / lockouts and a delayed resumption of traffic in peak S.21 season, due to the slow rollout in the EU of COVID-19 vaccines, means FY22 traffic is likely to be towards the lower end of our previously guided passenger range from 80m to 120m. “” – Ryanair “Although it is not possible at the moment to provide significant profit forecasts for fiscal year 2022, we do not share the recent optimism of some analysts as we believe that the result for the fiscal year 2022 is currently close to breaking even, ”Ryanair said in a statement on Wednesday. Ryanair shares, which have risen 3.16% year-to-date, rose 1.10% at the start of trading in London on Wednesday. The news also boosted the shares of rival carrier easyJet EZJ, + 1.33%, which saw its shares increase by 1.06%, while the owner of British Airways International Airlines Group IAG, + 1.63%, saw its share increase by 1.42%. Airlines such as Ryanair RYAAY, -0.77% have introduced new summer routes in a bid to attract vacationers to travel when coronavirus restrictions ease. In March, Ryanair announced 26 new destinations in Greece, Portugal and Spain and plans to operate a total of 2,000 weekly flights on 400 summer routes. Read: Amid vaccine hurdles, EU battles to save summer vacation with COVID pass Under Prime Minister Boris Johnson’s four-step roadmap to get UK out of its third foreclosure, holidays abroad are prohibited until May 17 at the earliest. However, Johnson on Monday warned people not to book a summer vacation yet, saying it was too early for the government to commit to allowing overseas vacations due to the risk of importing variants. most contagious of the coronavirus, which is causing a wave of infections sweeping through Europe. Read: US and Alaska actions are upgraded on ‘clear path to reopening’ for the air travel industry When the ban on non-essential overseas travel is lifted, it will be replaced by a risk-based three-tier traffic light system to classify countries for international travel to and from England. “This new category will accommodate countries where we deem the risk to be lower, for example based on vaccinations, infection rates, prevalence of variants of concern and their ability to genome sequencing (or access to genomic sequencing), ”the government said in a statement. The Government’s Global Travel Task Force will release its report, giving more details on the system, later this week. .



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United Airlines to hire around 300 pilots as travel resumes | Instant News


CHICAGO – United Airlines on Thursday announced plans to hire around 300 pilots, another sign that airlines feel more confident that a recent increase in travel will continue. The airline plans to start by hiring pilots who received conditional job offers or canceled a class for new hires last year, when the industry came under fire from the coronavirus pandemic. “With increasing vaccination rates and the trend in travel demand on the rise, I am delighted to announce that United will be resuming the pilot recruitment process that was interrupted last year,” employees told employees. Bryan Quigley, senior vice president of flight operations for United, based in Chicago. Almost 1,000 United UAL pilots, + 0.49% have retired or have taken voluntary leave since September. Federal aid to the airline payroll has blocked the holidays. Quigley said United’s need for new pilots will depend on the airline’s recovery from the pandemic. Airlines report that bookings have increased in recent weeks, and the government says at least 1 million travelers a day have passed through airport checkpoints in the past three weeks. Still, air travel to the United States remains down almost half from the same period in 2019. United CEO Scott Kirby said this week that demand for domestic leisure travel “s'” is almost fully recovered ”, but critical business and international travel remains severely depressed. United’s hiring plans were reported earlier by CNBC. .



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Airlines are in the air on summer travel schedules | Instant News



See an awesome flight for a summer trip? You can buy it, but it might not be real. As airlines rebuild their schedules in the face of demand fueled by vaccines, they have ditched historical travel data and now plan their schedules in a different way. They load “fictitious” flight schedules into reservation systems six to nine months before departure dates. Then a month or two before the actual flights take off, the carriers will load the actual schedules. Flights with a lot of bookings will indeed take place, and more trips or larger planes can even be added for bookings close to departure. Flights with few advance purchases will be canceled, displacing some customers to other flights. “In my 20 year career, there is only one other time that I have used inbound reservations to plan an airline and that was after the September 11 attacks,” says Brian Znotins, US vice president of network planning and scheduling. “All the airlines have had fictitious schedules there, and then they’re releasing fancy schedules as they get closer to it.” American, United and Delta all say they will be posting their real summer schedules in a few weeks. .



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