Passengers disembark from a Uganda Airlines’ plane at an airport in Nairobi, Kenya. Reuters
The COVID-19 outbreak has devastated the global aviation sector, with passenger numbers slumping during lockdown measures as air travel demand evaporates. EasyJet follows competitors British Airways, Ryanair and Virgin Atlantic, which have all slashed staff numbers to save costs.
SriLankan Airlines, the national carrier of Sri Lanka, and Gulf Air, the national carrier of the Kingdom of Bahrain, have entered into a codeshare partnership with effect from 18th December 2019,
Etihad Airways announced an encouraging 32 per cent improvement in its core operating performance for 2019 on revenues of $5.6 billion (2018: $5.9 billion).
The resounding message from Africa’s aviation community attending this year’s buzzing Aviation Africa summit held in Addis Ababa, Ethiopia, was that all stakeholders must cooperate and collaborate to achieve a sustainable aviation future.
Global shares stumbled on Friday as hopes of a fiscal boost from a $1.9 trillion US stimulus plan were smothered by the prospect of stricter lockdowns in France and Germany and a resurgence of COVID-19 cases in China.
The Italian government has approved a new stimulus package worth 32 billion euros ($38.8 billion) to prop up the battered economy, pushing this year’s budget deficit significantly higher than previously planned.
Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to record highs, government and industry officials told Reuters.