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Alaska Airlines Announces Porter Airlines as 30th Partner

Alaska Airlines has announced its new global partner carrier, Porter Airlines, which will fly nonstop between Toronto, Los Angeles and San Francisco. ....

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Delta Air Lines Takes Flight at Art Basel Miami Beach

This week, Delta Air Lines flew from New York to Miami with their invite-only, art-themed charter, carrying the airline's artist collective about to show its aerostructure-made artwork. ....

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Airlines Predict Positive Cash Flow in Q2 2021

MIAMI – After a year of burning through piles of cash to survive, airlines are seeing a return to profitability in the near future.
Delta Air Lines (DL), for instance, has been burning approximately US$12m per day in Q1 2021. That works out to about US$1bn per quarter. According to a report on
InvestorPlace.com, the company said that it had US$16.7bn in liquidity at the end of December. Therefore, DL could survive for another year, even if travel does not pick up and cash burn stays level.
However, with mass vaccinations and pent up travel demand, during a conference call this week, DL management forecast an “inflection point” during Q2 where cash flow breakeven will occur. ....

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