Aviation Daily Roundup: Feb. 26

February 26, 2020

Air New Zealand Proposes Lie-Flat Economy Product

Credit: Air New Zealand
Air New Zealand has developed a bunk-like sleeping pod product for economy class passengers that the carrier is considering introducing on long-haul flights.

Comac-Operating China Eastern Subsidiary To Keep Bizjets

Credit: China Eastern
A China Eastern subsidiary set up to fly Comac aircraft will serve coastal districts from the Yangzi River Delta and retain the business aviation operation on which it has been based, the parent company said.

Moldovan Startup LCC HiSky Plans April Launch

Credit: HiSky
Moldovan startup HiSky is planning to launch operations Apr. 10, operating 180-seat Airbus A320s to six European destinations from capital city Chisinau.

Lufthansa Cutting Costs To Minimize COVID-19 Impact

Credit: Lufthansa
Lufthansa launched a major cost-cutting program to contain the financial damage incurred by the COVID-19 coronavirus outbreak.

Groupe ADP Completes First Step in GMR Airports Stake Buy

Credit: GMR
French airports operator Groupe ADP has completed the first phase of its plan to take over a 49% stake in GMR Airports, buying an initial 25% stake in the New Delhi-based airport operator.

Virgin Australia Cuts Tigerair A320s In Response To COVID-19

Credit: Rob Finlayson
Virgin Australia plans to reduce capacity by accelerating the retirement of the last of its Airbus A320s operated by LCC subsidiary Tigerair.

Thai AirAsia Braces For ‘Challenging’ 2020 After $29M Loss

Credit: Thai AirAsia
Thai AirAsia (TAA) ended 2019 with a total net loss after tax of THB871 million ($29 million) despite an increase in passengers and 3% revenue growth.

Delta Cuts Service to South Korea Over COVID-19 Outbreak

Credit: Delta Air Lines
Delta Air Lines became the first North American carrier to announce service reductions to South Korea on Feb. 25, citing plummeting demand caused by the largest outbreak of COVID-19 outside of China.

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