Aviation Daily Roundup: April 27
April 27, 2020
Norwegian Unveils Plan To Access State Aid; Sees April 2021 Restart
Credit: Credit: Nigel Howarth/Aviation Week
Norwegian Air Shuttle said it expects to remain grounded until April 2021 as it set out a debt-for-equity conversion plan to avoid running out of cash by mid-May.
COVID-19: North America Market Update
Credit: Nigel Howarth/Aviation Week
Welcome to Routes’ look at how the North American 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 the
Irkut's MC-21 Resumes Flight Trials After COVID-19 Lockdown
Credit: Irkut Corporation
Irkut Corporation has resumed the flight trials of its new MC-21 narrowbody aircraft in Zhukovsky, near Moscow.
AirBaltic Approves New Business Plan; Nordica Secures Funding
Credit: Credit: Joe Pries
Baltic carriers airBaltic and Nordica have each made progress with their COVID-19 crisis responses, with Latvia’s airBaltic approving a revised business plan and Estonia’s Nordic Aviation Group (Nordica) securing €30 million (€32 million) in state funding.
Branson: No plans to sell Virgin Atlantic
Credit: Virgin Group
Virgin Group founder Richard Branson has rejected media reports that he plans to sell UK long-haul carrier Virgin Atlantic, but the search for further investment continues.
Condor Gets $595M Government Bailout
Credit: Rob Finlayson
German leisure carrier Condor has secured a €550 million ($595 million) rescue package by the German government and the state of Hesse, ensuring the airline can survive a prolonged halt to regular flight operations in the coronavirus crisis.
Netherlands Pledges Up To $4.4B Aid For KLM Amid COVID-19 Crisis
Credit: Joe Pries
The Dutch government plans to provide €2-4 billion ($2.2-4.4 billion) in COVID-19 crisis-related financial assistance to KLM, following on France’s pledged €7 billion in to help Air France and the Air France-KLM group.
EU Aims For Mid-May Release Of Aviation Restart Guidelines
Credit: Credit: Nigel Howarth / AWST
European transport commissioner Adina Valean is planning to finalize a set of social-distancing and sanitation guidelines for aviation by mid-May, paving the way for flights to resume in a unified way.
Porter Airlines Delays Restart Until Late June
Credit: Porter Airlines
Porter Airlines is pushing its planned operational restart back four weeks to June 29, citing the likelihood of continued coronavirus-related travel restrictions both within Canada and across the U.S. border.
Half Of CARES Act Airline Grants Disbursed, U.S. Treasury Says
Credit: Credit: Rob Finlayson
The U.S. Treasury Department announced over the weekend that roughly half of the $25 billion in federal payroll support earmarked for passenger airlines under the CARES Act was distributed last week.
Wizz Air To Resume Select London Luton, Vienna Routes
Credit: Rob Finlayson
Hungary’s Wizz Air plans to resume flights out of London Luton (LTN) and Vienna (VIE) from May 1 with new protocols put in place to help ensure the health and safety of passengers and crew.
Wizz Air to restart Vienna operations May 1
Credit: Credit: Wizz Air
Wizz Air will restart operations from its Vienna base May 1 and is emerging from the crisis as a “structural winner,” according to the Central and Eastern European ULCC’s deputy CEO.
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