Aviation Daily Roundup: March 31

IATA is pushing for broad adoption of travel vouchers in place of requiring airlines to refund passengers when flights are canceled during the COVID-19 crisis.

British Airways has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021.

Swedish startup Liquid Wind has announced plans to build a series of commercial-scale, renewable-fuel plants across Scandinavia.

Avcorp returned to its financial sponsor in early March to significantly increase a credit line, company representatives acknowledged Mar. 31.

British Airways is suspending flights from London Gatwick Airport from April— a temporary measure caused by the COVID-19 crisis.

Avia Solutions Group—which is active in wet leasing, maintenance and training—has completed its acquisition of Iceland-headquartered cargo airline Bluebird Nordic for an undisclosed sum.

Responding to a congressional directive to exercise leadership in enabling the return of supersonic air travel, the FAA has proposed noise certification regulations for new supersonic aircraft.

Under a proposed new regulation, air carriers would be required to enter and share pilot records in an FAA-managed Pilot Records Database before making hiring decisions.

The pot of $29 billion in loan guarantees available for U.S. airlines comes with more restrictions than comparable amounts of available payroll grants, including minimum staffing requirements, though the preliminary U.S. Transportation Department procedures leave several major questions unanswered.