Aviation Daily Roundup: March 5
China Helps International Flights; Domestic Still Recovering
Credit: China Southern Airlines / TwitterThe Chinese government said it will pay subsidies to support international air connections, as local airlines planned further restoration in domestic capacity.
IATA Warns COVID-19 Revenue Losses Could Reach $113B
Nigel Howarth / AWST
IATA Seeks Standardized Response In Dealing With COVID-19 Cases
Credit: Changi Airport / TwitterIATA is hoping for a global standardization in processes by stakeholders on how confirmed or suspected COVID-19 cases are handled at airports, which in turn will increase the industry’s effectiveness in dealing with the outbreak.
Southwest Airlines Links Sudden Demand Dip To COVID-19
Credit: Southwest AirlinesSouthwest Airlines is projecting a $200-300 million first-quarter operating-revenue shortfall due to a sudden dip in bookings that the airline is linking to COVID-19, the strongest indication yet that U.S. domestic demand is suffering along with other major world regions as the virus alters travel plans.
Lessor CALC Buys Stake In Indonesian Airline TransNusa
Credit: TransNusaHong Kong-based China Aircraft Leasing Group announced Mar. 5 that it will indirectly acquire a 35.68% equity interest in Indonesian regional airline TransNusa.
Senior DOT Official: U.S. Not ‘Rubberstamping’ JV Applications
Credit: Delta Air LinesA senior U.S. Transportation Department (DOT) official overseeing international aviation agreements said the department will only approve applications for immunized airline alliances “when the competitive benefits are clear and demonstrable.”
Airlines Begin Stepping Into Flybe Routes
Credit: Nigel Howarth / AWSTAirlines have begun stepping into the routes left vacant following the collapse of UK regional carrier Flybe.
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