Aviation Daily Roundup: April 22
Lufthansa Group Shifts Managers Amid COVID-19 Crisis
Credit: Lufthansa GroupLufthansa Group is continuing its management realignment prompted by challenges posed during the COVID-19 crisis.
Etihad ‘Open To Discussions’ On Virgin Australia’s Future
Credit: Virgin AustraliaEtihad Airways, which owns 21% of Virgin Australia, has said it was unable to provide further funding to prevent the airline’s entry into administration but remains open to discussions on a possible relaunch.
COVID-19: Europe Market Update
Credit: Nigel Howarth/Aviation WeekWelcome to Routes’ weekly look at how Europe's aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together. Routes is part of Aviation Week Network.
Daily Memo: How Low Will Airliner Orders and Deliveries Go? Forecasts Emerge
Credit: AirbusRarely have production-rate changes been so highly anticipated as the expected news from Boeing.
Air Mauritius Enters Administration On Virus-Related Disruptions
Credit: Rob FinlaysonIndian Ocean-based Air Mauritius has been placed into administration as travel restrictions and border closures in all its markets have led to a complete erosion of the company’s revenue base.
China’s Air Travel Merging With Travel Agency
Credit: Air TravelChina’s Tongcheng Group will merge its airline Air Travel with its travel agency business, taking another step toward reproducing the successful formula of rival Spring Travel.
New Boeing CEO Shuffles Management In Reorganization
Credit: BoeingBoeing is reorganizing top managers and their duties, the company said late April 21, in what is the first headquarters overhaul under relatively new CEO and President David Calhoun.
German Regional Airline LGW Files For Bankruptcy
Credit: ZeitfrachtGerman regional carrier Luftfahrtgesellschaft Walter filed for self-administered insolvency April 22 after it lost its only wet-lease contract with Lufthansa subsidiary Eurowings.
Austrian To Reduce Fleet 25% By 2022; Eyes Slow June Restart
Credit: Rob FinlaysonLufthansa subsidiary Austrian Airlines plans to reduce its fleet by 20 aircraft, or 25%, from 80 aircraft as a result of travel restrictions caused by the COVID-19 pandemic.
Aviointeriors Reveals Social-Distancing Seat Designs
Credit: AviointeriorsItalian aircraft-interiors specialist Aviointeriors has unveiled two social-distancing seat designs, aimed at safeguarding against COVID-19 contamination, which could be available within a short time frame.
Euro Green Groups Urge Governments To Set Conditions On Airline Aid
Credit: © Marten van Dijl / GreenpeaceSeveral European environmental groups have complained that governments are providing airlines with financial bailouts during the COVID-19 crisis without having them signed up to measures to improve their environmental performance.
Delta Ends Multiyear Profit Streak With $534M Q1 Loss
Credit: Joe PriesDelta Air Lines posted its first quarterly loss since 2014, as the coronavirus crisis battered air travel demand around the world.
Wizz To Enter New Markets, Accelerate Abu Dhabi Plans
Credit: Rob FinlaysonWizz Air expects to enter new markets in Europe and increase the scale of its planned Abu Dhabi venture once travel restrictions imposed by the COVID-19 crisis have been eased, the Hungarian airline’s founder and CEO József Váradi has said.
Japan’s ZIPAIR Plans To Launch First U.S. Route
Credit: ZIPAIR TokyoZIPAIR Tokyo has filed an application with the U.S. Transportation Department to launch nonstop flights to the U.S. later this year.
Air France-KLM Negotiating State Loans
Credit: Air France-KLM GroupAir France-KLM is in advanced negotiations with the French and Dutch governments for state and state-backed loans that would enable the group to face the expected liquidity requirement in the third quarter of this year, according to group executives.A daily roundup of air transport news.
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