by root | Apr 29, 2020 | Aviation, Aviation Times Weekly, NewPost
Airbus Survival – “Airbus CEO Guillaume Faury gave a dramatic warning to employees that heralds potentially deeper production cuts than initially planned. ‘The survival of Airbus is in question if we don’t act now,’ he wrote in a letter to...
by Afshin Molavi | Apr 21, 2020 | Aviation, Latin America, NewPost
Two of the finest thinkers on matters globalization and fellow New Silk Road travelers, Andres Martinez and Richard Aboulafia, had a conversation recently about air travel, globalization, the airline industry, Mexico, Covid-19, and more. The following are some...
by root | Apr 21, 2020 | Aviation, Aviation Times Weekly, NewPost
Virgin Australia – Virgin Australia became the nation’s biggest corporate casualty of the coronavirus, calling in administrators after the outbreak deprived the debt-burdened airline of almost all income. Deloitte will take control of the company, the...
by Afshin Molavi | Apr 1, 2020 | Aviation, NewPost, Original Articles, South Korea
Global airlines continue to stare down the abyss as the novel coronavirus pandemic has crushed bottom lines amid a historic slowdown in air travel. Airlines across the world are clamoring for government support. Korean Airlines is trying a different tactic, opting to...
by Afshin Molavi | Jan 8, 2020 | Aviation, Emerging Markets, HUBSS, NewPost, Top Ten Lists, Videos
In the year 1945, nine million people traveled by air annually. Today, nine million people travel by air every 18 hours. All told, some 4.7 billion passengers took to the air in 2019. Nearly 40% of those flights are international. The New Silk Road Monitor produced a...
by Afshin Molavi | Dec 18, 2019 | Aviation, Emerging Market Multinationals, NewPost
Hong Kong airlines are feeling the heat, facing bankruptcy and job cuts after six months of anti-Beijing demonstrations, Bloomberg reports. Hong Kong’s airlines face the prospect of further job cuts and even bankruptcies as anti-Beijing protests continue to...
