air travel

    • Wizz Air returns to pre-pandemic levels in August

      Wizz Air returns to pre-pandemic levels in August

      The budget carrier Wizz Air announced it was very close to reaching its pre-pandemic levels of business as most European countries eased their travel restrictions which were imposed to curb the spread of pandemic. Wizz Air said it expected to post a 118.7m euros loss but summer bookings will drag up the business activity to 90-100% percent of the capacity levels envisaged before the pandemic, Reuters elaborated.

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    • Ryanair posts €273m Q2 2021 pandemic driven loss

      Ryanair posts €273m Q2 2021 pandemic driven loss

      The budget carrier Ryanair announced mounting financial losses as new Covid-19 variants provoked the enforcement of new travel restrictions and raised concerns among international tourists. The Irish carrier said it still hoped to break even from the downturn sometime by the end of 2021, CNBC reported.

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    • EU airlines warn of chaos amid Covid-19 certificates

      EU airlines warn of chaos amid Covid-19 certificates

      Groups representing EU largest airports and airlines warned in formal letters to the European Commission that the system of Covid-19 certificates will sparkle chaos in air traveling. The digital certificates are due to take effect from 1 July. However the airports and airlines warn that the extra bureaucracy will result in hours waiting and long queues in the peak of the tourist season.

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    • Lufthansa allows digital Covid-19 certificates

      Lufthansa allows digital Covid-19 certificates

      German carrier Lufthansa announced it would allow passengers to use new digital Covid-19 vaccination certificates at check-in for their flights, Reuters reported. Lufthansa confirmed that passengers would be able to show the digital proof of vaccination either on their phones or on a printout when checking in at the airport, and the boarding pass would then be issued.

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    • Ryanair sues UK over travel lists policy

      Ryanair sues UK over travel lists policy

      UK budget carrier Ryanair announced it would launch legal challenge related to the policy of the British cabinet to use travel light system, BBC reported. More airports and airlines signalled they would join the action. The travel light system is applied to countries and destinations and evaluetes the potential Covid-19 risk.

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    • Emirates sinks in $5.5 bn pandemic loss

      Emirates sinks in $5.5 bn pandemic loss

      The Dubai based carrier Emirates will receive another multi-billion dollars injection which may ease its way out of the pandemic downturn, Reuters reported. The Covid-19 related restrictions have deteriorated the business of the airline company. Emirates pocketed another $1.1 billion in state support funds from Dubai as demand for long-haul travel slumped due to the coronavirus threat. Emirates posted first full-year loss in over three decades.

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    • Vertical aims $2.2bn SPAC IPO deal

      Vertical aims $2.2bn SPAC IPO deal

      US electric vertical takeoff and landing firm Vertical Aerospace, announced plans to go public through a SPAC deal in a bid to raise as much as 2.2 billion dollars, Reuters reported. The production of the eVTOL aircraft has gained backing by key investors like American Airlines. Vertical Aerospace said it has pre-orders for up to 1,000 eVTOL aircraft with launch customers that also include Avolon, along with a pre-order option from Virgin Atlantic, all valued at up to $4 billion.

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    • UK probes Ryanair, BA over passenger refunds

      UK probes Ryanair, BA over passenger refunds

      Naional lockdowns across Europe caused a number of serious issues for air carriers. The passengers with previously booked and even paid tickets were obstructed from traveling. The carriers suffered huge losses on top of which they had to offer refunds to customers. As time goes on many authorities have launched actions related to the lack of proper compensations.

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    • Airbus posts 38% growth in May as jet demand recovers

      Airbus posts 38% growth in May as jet demand recovers

      The European airplane maker Airbus announced it had managed to delver 50 new jets in May, bringing the total number of produced planes to 220 units since the start of 2021, Reuters reported. Those figures put the output growth of the based in France firm at 38% compared to the same period of 2020. The 2021 deliveries included the first A380 superjumbo to Dubai's Emirates since December 2020 with only four more left to deliver.

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