air

Global Air Travel Industry

Global Air Travel Market to Reach 5. 2 Billion Subscribers by the Year 2027. Amid the COVID-19 crisis, the global market for Air Travel estimated at 4. 1 Billion Subscribers in the year 2020, is projected to reach a revised size of 5.

New York, Sept. 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Air Travel Industry” – https://www.reportlinker.com/p05961238/?utm_source=GNW
2 Billion Subscribers by 2027, growing at a CAGR of 3.4% over the period 2020-2027.

The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 5.6% CAGR for the Period of 2020-2027

The Air Travel market in the U.S. is estimated at 1.2 Billion Subscribers in the year 2020. The country currently accounts for a 28.88% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of

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CDC Announces Big Change to Air Travel Restrictions

The CDC has released new measures for air travel—read on and to ensure your health and the health of others, don’t miss these Sure Signs You’ve Already Had Coronavirus.

Says the CDC: “As the COVID-19 pandemic continues, the United States Government (USG) is innovating and taking a new approach to help keep international air passengers healthy. The new, more effective strategy focuses on the continuum of travel and the individual passenger, including pre-departure and post-arrival education, efforts to develop a potential testing framework with international partners, and illness response. This strategy is consistent with the current phase of the pandemic and more effectively protects the health of the American public.

Beginning September 14, 2020, the USG will remove requirements for directing all flights carrying airline passengers arriving from, or recently had a presence in, certain countries to land at one of 15 designated airports and halt enhanced entry health

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Air France-KLM Firms Plan to Raise Funds Amid Travel Slump

(Bloomberg) —



a airplane that is sitting on a runway at an airport: A passenger aircraft operated by Air France-KLM taxis at Charles de Gaulle airport, operated by Airport de Paris, in Roissy, France, on Friday, July 3, 2020. Air France-KLM's French unit needs to be saved while at the same time lowering its carbon footprint, French Junior Economy Minister Agnes Pannier-Runacher said Friday on Sud-Radio.


© Bloomberg
A passenger aircraft operated by Air France-KLM taxis at Charles de Gaulle airport, operated by Airport de Paris, in Roissy, France, on Friday, July 3, 2020. Air France-KLM’s French unit needs to be saved while at the same time lowering its carbon footprint, French Junior Economy Minister Agnes Pannier-Runacher said Friday on Sud-Radio.

Air France-KLM is firming up a plan to raise funds by May of next year after agreeing a rescue package from the Dutch and French governments to help outlast the global aviation crisis.

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The carrier “intends to implement measures to strengthen its equity and quasi-equity,” Air France-KLM said in a statement Tuesday, reiterating a timeline given previously by Chief Executive Officer Ben Smith. To lower financing costs, it’s redeeming 403.3 million euros ($483 million) in notes.

Air France-KLM, in which the two European states own a combined 28% stake, posted a

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United CEO says air travel demand will roar back once there’s a vaccine

United Airlines president Scott Kirby speaking in Chicago, Illinois, June 5, 2019.

Kamil Krzaczynski | Reuters

Watch United Airlines CEO Scott Kirby walk through the company’s O’Hare airport hub and two things jump out.

First, there are so few customers in the terminal that Kirby calls it “surreal” to see one of the world’s busiest airports so quiet.

Second, there is a steady stream of United employees asking Kirby about the state of the business. 

“How are we looking?” one United ramp worker asked him.

“We’ve got a tough year ahead until there’s a vaccine,” Kirby answered. “The good news is, I can see the light at the end of the tunnel.”

This is the world of Kirby a little over 100 days into his tenure as CEO. Despite aggressive cost cuts, United is still burning through an estimated $40 million every single day. The airline has parked about 40%

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