Aviation Daily Roundup: April 3

COVID-19: Europe Market Update

Credit: Nigel Howarth/Aviation Week

Welcome 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 Airport

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.

Chinese Aviation Recovers 20% In March

Credit: Joe Pries

Commercial 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 Pries

Welcome 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: Boeing

Dublin-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 / AWST

American 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 Pries

IATA 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: Ryanair

The 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: Finlayson

Welcome 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: KH

Vienna 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 Finlayson

Hong 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 Airlines

The 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: Credit: Rob Finlayson

Airlines, 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: Ryanair

The 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 Finlasyon

Mexico’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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