Articles tagged “air canada”

U.S. Airline Passenger Numbers Fall to 1985 Levels

It was back to the future for U.S. airlines in 2020 when passenger numbers fell to levels unseen since 1985. And while traffic will likely rebound some this year, the slow vaccine roll out and new Covid-19 strains have the outlook far from certain.

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.