Aviation Daily Roundup: April 3
COVID-19: Europe Market Update
Credit: Nigel Howarth/Aviation WeekWelcome to Routes’ look at how the European 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.
COVID-19: North America Market Update
Credit: YUL Montréal–Trudeau International AirportWelcome 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.
Chinese Aviation Recovers 20% In March
Credit: Joe PriesCommercial aviation in China crept toward normalcy in March, reaching 42% of its capacity before the coronavirus outbreak in December 2019.
COVID-19: Asia-Pacific Market Update
Credit: Joe PriesWelcome to Routes’ look at how the Asia-Pacific 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.
Avolon Cancels 75 MAXs; Faces Multiple Requests For Lease Relief
Credit: BoeingDublin-based lessor Avolon has decided to cancel an order for 75 Boeing 737 MAXs and make other changes to its order book to reduce its near- and medium-term exposure to an uncertain airline market.
American Airlines To Fly Its Most Minimal Capacity In May
Credit: Nigel Howarth / AWSTAmerican Airlines will operate its fewest number of flights in May, reflecting a view that air travel demand will reach its lowest point over the next several weeks, when the COVID-19 pandemic is expected to peak in North America.
IATA Projects $88B Revenue Hit For Asia-Pacific Airlines
Credit: Joe PriesIATA is highlighting estimates of severe financial losses for Asia-Pacific airlines as it reiterates the urgency of government action to support the industry.
Ryanair Fiscal 2020 Profits ‘At Low End Of Expectations’
Credit: RyanairThe parent company of Irish budget carrier Ryanair anticipates its fiscal 2020 profit figure will come in towards the low end of its previous guidance range.
COVID-19: Latin America Market Update
Credit: FinlaysonWelcome to Routes’ look at how the Latin America 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.
Vienna Airport Prepares Start-Up Aid For Airlines After COVID-19
Credit: KHVienna Airport plans to support airlines with start-up aid when traffic returns after the COVID-19 pandemic begins to wane.
Cathay Pacific Cuts April Capacity Below 4%
Credit: Rob FinlaysonHong Kong’s Cathay Pacific Group has further slashed its April capacity from its originally planned 4% to 3% after a dismal start to its April passenger traffic.
Pittsburgh Airport CEO: CARES Act To Cover Half Of Lost Revenue
Credit: American AirlinesThe chief executive of Pittsburgh International Airport said that financial aid included in the latest U.S. federal stimulus package will offset roughly half the revenue destroyed by the COVID-19 pandemic.
Editorial: Ticket Vouchers Could Save Airlines, But Need To Be Carefully Handled
Credit: Rob FinlaysonAirlines, especially U.S. carriers, are going to have to tread a fine line in asking customers to accept vouchers for future travel instead of refunds on tickets bought before the global pandemic.
Ryanair Fiscal 2020 Profits ‘At Low End Of Expectations’
Credit: RyanairThe parent company of Irish budget carrier Ryanair anticipates its fiscal 2020 profit figure will come in towards the low end of its previous guidance range.
Volaris Braces For A Tough 2020; Expects To Survive Pandemic
Credit: Rob FinlasyonMexico’s largest domestic airline Volaris has been forced to slash its capacity by 80% for April after the country’s government declared a health emergency to contain the coronavirus.
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