Aviation Daily Roundup: March 24
Flights At Wuhan Airport Scheduled To Resume In April
Credit: Joe PriesFlights from Wuhan Tianhe International Airport will resume on Apr. 8 as China’s transport links with Hubei, the province where COVID-19 originated, are restored, airline flight scheduling shows.
Japanese Carriers Further Reduce International Schedules
Credit: Rob FinlaysonJapan’s two major airlines have both announced significant cuts to the start of their summer schedules to offset lower traffic resulting from the COVID-19 pandemic.
IATA Expects $250B Industry Revenue Shortfall
Credit: Joe PriesIATA expects airlines globally to lose around $250 billion in revenues this year as a consequence of the coronavirus crisis and is asking governments to quickly intervene.
Aircraft Storage Demand Still Fluid In Europe
Credit: Tarmac AerosaveAfter having been thought for a few days to be on a strong upward curve, demand for aircraft storage during the COVID-19 crisis is still unstable, according to specialist Tarmac Aerosave.
Norwegian Gets Approval For Initial Financial Transfusion
Credit: Joe PriesLCC Norwegian has moved swiftly to access an initial tranche of state-backed aid, to enable it to negotiate the current financial crisis.
Ryanair Sees No Flights Through May As Suspensions Continue Globally
Credit: RyanairAs travel demand falters, European airlines are continuing to cut flights, with Ryanair predicting its aircraft will remain grounded through May and Wizz Air temporarily closing its Vienna base.
South African Airways Stops Regional Flights
Credit: Joe PriesSouth African Airways is suspending regional flights because of a lack of feed after halting intercontinental services following the government’s travel ban to contain the spread of the coronavirus.
Avianca Halts All Flying As Latin American Carriers Face COVID-19
Credit: Rob FinlaysonBogota-based Avianca said it would halt all passenger flying on Mar. 25, as a federal order restricting passenger travel across Colombian airspace goes into effect.
Cathay Pacific Calls For More Aid Following Latest Package
Credit: Joe PriesThe Hong Kong Airport Authority has announced a HK$1 billion ($129 million) package of financial aid for the aviation sector but Cathay Pacific says more is needed to help carriers hard-hit by the coronavirus crisis.
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