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- 81. Virgin Atlantic to Increase Cargo-Only Flights by 35% in June
Virgin Atlantic will increase its cargo-only flights by 35% to nearly 600 this month, with the launch of new routes including Beijing and Brussels.
- 82. Etihad Airways to Offer More Transfer Options via Abu Dhabi
Effective 10 June, Etihad Airways will link 20 cities in Asia, Europe and Australia via Abu Dhabi. The new transfer services will make it possible for those travelling on the airlineís current network of special flights to connect easily through the UAE capital onwards to key destinations around the world.
- 83. Singapore Airlines Raises S$10 Billion
Singapore Airlines has confirmed that it raised S$10 billion of liquidity through its recent Rights Issue, as well as a mix of secured and unsecured credit facilities.
- 84. Severe Capacity Crunch in Air Cargo; ACTKs Down 42% in April 2020
IATA's global air freight market data for April 2020 shows that demand dropped 27.7% compared to the same period in 2019 - the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft.
- 85. SAS to Double Number of Aircraft in Service
SAS has reported that the total number of passengers it carried in May 2020 fell by nearly 94% when compared to the same month last year as a result of the ongoing COVID-9 pandemic.
- 86. Airbus Appoints Anand Stanley as President Asia-Pacific
Mr. Anand Stanley has been appointed as President of Airbus Asia-Pacific, effective 1 July 2020. Anand reports to Christian Scherer, Airbus Chief Commercial Officer and Head of International, and will work closely with the Heads of Region for the Airbus Helicopters and Defence and Space divisions who are co-located at the companyís Asia-Pacific headquarters in Singapore.
- 87. IATA Reports Signs of Recovery as Global RPKs Plunge 94.3% in April 2020
IATA has confirmed that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April, measured in revenue passenger kilometers (RPKs), plunged 94.3% when compared to April 2019, as the COVID19-related travel restrictions virtually shut down domestic and international air travel. Thatís a rate of decline never seen in the history of IATAís
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