Credit: AirbusThe COVID-19 outbreak and the disruption it is causing to international travel could hit industry-wide orders for long-haul aircraft, Airbus CEO Guillaume Faury told a Mar. 4 hearing of the French senate’s economic affairs committee.
Credit: Rob FinlaysonUK LCC EasyJet CEO Johan Lundgren expects to see more airline bankruptcies as carriers continue to deal with falling demand and cashflow as a result of the continuing COVID-19 outbreak.
Credit: Nicolas Asfouri/AFP/Getty ImagesMost of China’s largest airports suffered traffic falls of at least 5% in January as a result of early reactions to the COVID-19 outbreak, the first national airport data for 2020 showed.
Credit: Philippine AirlinesPhilippine Airlines’ net losses reached a record PHP10.6 billion ($208 million) in 2019; the flag carrier’s issues have exacerbated in 2020 with the Taal Volcano eruptions and COVID-19 coronavirus outbreak.
Credit: Shenzhen Airport GroupConstruction of a third runway for Shenzhen Baoan International Airport has received permission from China’s top planning agency, clearing the way for the facility to handle 80,000 passengers a year by 2030.
Credit: Rob FinlaysonUK long-haul specialist Virgin Atlantic is seeking to defer staff salary increases and is cutting the pay of its senior executives as it braces for the increasing financial impact of the COVID-19 outbreak.
Credit: Rob FinlaysonAfrican airlines need support from their respective national governments and must also come together to face the problems confronting the airline industry on the continent, Ethiopian Airlines CEO Tewolde Gebremariam said Mar. 4.
Credit: Linda BlachlyU.S. Transportation Department (DOT) auditors will examine the FAA’s recently-updated safety inspector staffing model with an eye on evaluating whether forecasted personnel needs are accurate, and how the agency factors in designees.
Credit: Isotropic SystemsSatellite communications (satcom) terminal supplier Isotropic Systems will license components of its optical multi-beamforming antenna technology to aerospace and defense companies to build products “capable of unleashing a new era of inflight connectivity.”
Credit: World ATM CongressOrganizers on March 4 canceled the World ATM Congress planned in Madrid next week, citing travel restrictions that have been implemented because of the COVID-19 coronavirus outbreak.