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CAPA Live November

Upcoming Event


Virtual Event: CAPA Live November

CAPA Live will bring together a variety of industry experts to explore how aviation is looking back to the future...winners & losers of the pandemic. Speaker highlights CEOs of airasia.com, KLM, Ryanair, Avianca, Air Arabia, Virgin Atlantic & more.

CAPA Live December

Upcoming Event


Virtual Event: CAPA Live December

CAPA Live will bring together a variety of industry experts to explore the 2021 Outlook thanks to the COVID-19 pandemic. Speaker highlights include CEOs of AirAsia, Jetstar, Icelandair, airBaltic & more.

Latest News Headlines

97 news items were published to CAPA Members in the past two days. What could you be missing?
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Condor announced (22-Oct-2020) a meeting of creditors approved the company's restructuring plan, which will allow it to exit court protected restructuring at the end of Nov-2020. Condor CEO Ralf Teckentrup said the carrier will relaunch from 01-Dec-2020 as a "healthy company". The carrier's second protective shield plan was submitted to the Frankfurt am Main district court at the end of Aug-2020, covering measures undertaken to prepare for a future without Thomas Cook. The company has is already implemented a number of restructuring and cost-cutting measures, including a move to a new corporate headquarters and entering new collective agreements with all union, which will allow flexibility and efficiency while at the same time responsibly securing the jobs of approximately 4200 employees until at least Dec-2021. [more - original PR]

IAG stated (22-Oct-2020) its planned capacity for 4Q2020 is to be no more than 30% compared to 2019, and no longer expects to reach breakeven in terms of net cash flows from operating activities during 4Q2020. IAG stated "overall bookings have not developed as previously expected due to additional measures implemented by many European governments in response to a second wave of COVID-19 infection". [more - original PR]

VINCI Group reported (20-Oct-2020) the following financial highlights for VINCI Airports for the nine months ended Sep-2020:

  • Revenue: EUR818 million, -58.4% year-on-year;
  • Passengers: -67.9%;
23-Oct-2020 3:49 PM

Wizz Air opens new London base

London Gatwick Airport, via its official Twitter account, announced (22-Oct-2020) Wizz Air opened a new base at the airport and launched services to Athens, Lanzarote, Malta and Naples.

Qatar Airways announced (22-Oct-2020) the delivery of three A350-1000s. Qatar Airways CEO Akbar Al Baker stated: "Due to COVID-19's impact on travel demand, we will continue to fly greener and smarter by keeping our fleet of Airbus A380 grounded, as it is not commercially or environmentally justifiable to operate such a large aircraft in the current market". The carrier now operates 52 A350s. [more - original PR]

Qantas Airways chairman Richard Goyder stated (23-Oct-2020) the "Key to the recovery from this crisis" for Qantas is Australia's borders, however, "Ultimately, the pace of that recovery is uncertain". Mr Goyder said: "In the past month, we've seen some positive signs of a fresh recovery" and the "lifting of some restrictions with New Zealand is very encouraging. So, too, is the potential for travel bubbles with parts of Asia". Mr Goyder said Qantas and Jetstar are "keeping a close eye on new markets that might open up as a result of these bubbles", and "may find that Korea, Taiwan and various islands in the Pacific are top Qantas destinations while we wait for our core international markets like the US and UK to re-open". [more - original PR]

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Aviation returns to the 1930s

Issue 53
  • There has been much talk about the post-COVID-19 industry reverting to the profile of the 1970s, but in two very important ways the real timeframe to compare is the 1930s.
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Global Outlook 2020: A look into the coming decade, expect massive change

Issue 52
  • If the first two decades of the century were transformational for the aviation industry, the 2020s will be revolutionary.
Download Now!