Log-in here if you’re already a subscriber Release DateMay 29, 2020Business travel lags leisure early in coronavirus air travel recoveryPurchase...
Log-in here if you’re already a subscriber Release DateNovember 12, 2020Electric flying advances to the mainstream as Tecnam joins the...
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The COVID-19 pandemic has made strange bedfellows out of Delta Air Lines and Qatar Airways, who are on the same side to save bankrupt LATAM. Virgin Galactic's Mach 3 concept for a supersonic airliner is more than a little squishy. The FAA has started the clock on public comments for the 737 Max return to service and other goings on for the grounded airliner.
The magnitude of the COVID-19 impact on air travel now compares with the September 11, 2011 terrorist attacks on the...
In the middle of the single most acute crisis to hit the airline business in the history of flying, U.S. airlines are seemingly trapped playing a cascading series of one upmanship games as they chase market share, risking further destabilizing their airlines at a time when the industry’s very survival hangs in the balance.
The abundance of aircraft parked around the world brings another, very human and more personal abundance - pilots. Without passengers to fly, aircraft will remain parked. With aircraft parked, some pilots find themselves the subject of a furlough. Yet, even as the industry stares down a potential sharp reduction in the overall pilot workforce, the massive change could simultaneously spark a major new wave of retraining that would overwhelm the global simulator infrastructure.
To try to make sense of what comes next for Boeing and the 737 Max, and what to avoid, we need to look backward again at McDonnell Douglas and its DC-10.
Log-in here if you’re already a subscriber Release DateApril 16, 2020The airlines are staring down a slow and uneven recovery...
TAC Analysis details its 2022 forecast in two parts, continuing with the obstacles and opportunities facing airlines heading into the new year. The United States traffic doubled in 2021, rebounding as passengers continue to return to the skies, but the remaining recovery will be paced by the airlines’ ability to accept it. Touching 89% of 2019 levels on Thanksgiving weekend, we expect the recovery to stall, ending 2022 still below 100%.
Airlines can’t get back to 2019 levels if they furlough staff and retire portions of their fleets. The expiration of the airline provisions in the U.S.’s CARES Act puts the industry’s recovery at risk as airlines decide whether to keep staff in the face of mounting losses.
In this latest TAC Analysis, we bring the air travel recovery into context with increasingly cloudy economic horizons. Despite calls to pick a side between aviation growth or a global recession, we find evidence that both can be true – an apparent contradiction worthy of the wild times in which we find ourselves today.
