Category: News

Air Canada has unveiled additional details of its planned international schedule for this summer, which includes the resumption of 17 routes and 11 destinations across the world from its hubs. The airline is resuming its service between Calgary and Frankfurt, as of August 1st, up to four times weekly, and is also offering for the first time a non-stop service from Montreal to Cairo, Egypt, three times weekly. “As travel restrictions ease across the globe, we are committed to rebuild our international network and continue as a global carrier to…

The head of global airline body IATA said he was cautiously optimistic about demand for travel in the second half of the year, adding that he expects transatlantic flying between Britain and the United States to re-open in the coming weeks. Schedules are expanding as airlines sense consumer demand for travel rising and progress with COVID-19 vaccinations means shuttered routes could resume, International Air Transport Association Director General Willie Walsh told reporters. “I think we have to be optimistic that we will see a relaxation in relation to transatlantic flying…

Heathrow Airport has confirmed it will return to two runway operations from this week ahead of a predicted uptick in travel. England is expected to take the final step out of lockdown on July 19th. Prime minister, Boris Johnson, is also expected to offer more detail on the reopening of travel today. In response, the busiest airport in the UK will also reopen terminal three later this month. The southern runway at Heathrow was originally closed on July 12th last year following the collapse of passenger traffic at the height of the…

Chinggis Khaan International Airport has officially opened on the outskirts of Ulaanbaatar. The project is a joint venture between Mitsubishi Corporation, Narita International Airport Corporation, Japan Airport Terminal Company, JALUX and the Mongolian government. Under the terms of its concession agreement, New Ulaanbaatar International Airport (NUBIA) will be in charge of airport operations for the next 15 years. The new airport was originally scheduled to commence operations in 2020, but the opening was delayed because of the Covid-19 pandemic. All assets have now been safely transferred from the old airport…

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Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Emirates and Qatar Airways and revving up regional competition. Crown Prince Mohammed bin Salman, who is pushing economic diversification to wean Saudi Arabia off oil revenues and create jobs, announced a transportation and logistics drive on Tuesday aimed at making the kingdom the fifth-biggest air transit hub.

Southwest Airlines (NYSE:LUV) has a flight cancellation problem. As air travel demand has come roaring back in 2021, the low-fare airline giant has rapidly ramped up flight volumes. However, it has struggled to operate its schedule reliably in recent weeks, because of a combination of staffing shortages, an IT outage, and bad weather. If Southwest can’t get its operations back on track quickly, the airline could squander the growth opportunities it has been pursuing over the past year. Flight cancellations mount Last month, Southwest Airlines canceled 2,687 flights, an average of about 90 per…

A group of infrastructure investors has proposed one of Australia’s biggest-ever buyouts, a $16.7 billion purchase of Sydney Airport Holdings Pty Ltd, taking a longer-term view on the pandemic-battered travel sector. The proposal comes as record-low interest rates prompt pension funds and their investment managers to chase higher yields. The purchase, with an enterprise value of $22.6 billion including debt, would allow them to reap financial benefits when borders reopen and travel demand rebounds. If successful, the purchase of Australia’s biggest airport would be one of the country’s largest-ever by…