Coronavirus Travel News

Airlines Say Early Vaccine Transports Are Moving Smoothly

Developing an effective vaccine in such a relatively short time is nothing less than a miracle. Delivering those vaccines to the world is the next enormous challenge. The airlines took on that task earlier this week. So far, they are giving a thumbs up.

The Financial Metric That Matters Most to Airlines Now

Unprecedented losses forced airlines to focus on cash burn as the metric to watch early on during the coronavirus pandemic. The recent surge in new infections has delayed breakeven goals but, with billions of dollars on hand, most are looking ahead and getting ready for when travelers return in droves.

Video: Interview With Aviation Titan Steven Udvar-Házy at Skift Aviation Forum 🔒

Steven Udvar-Házy started his career in aviation out of the trunk of his 1956 Oldsmobile while working as lifeguard in Los Angeles. Today, decades later, he has a unique view of his beloved industry. His prediction for airlines: Growth will be moderate for the next 18 to 24 months but airline travel will get back to be double GDP growth. "I don’t think there’s any way to really stop that."