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Aviation Daily Roundup: March 5

March 05, 2020

China Helps International Flights; Domestic Still Recovering

Credit: China Southern Airlines / Twitter
The 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 / Twitter
IATA 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 Airlines
Southwest 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: TransNusa
Hong 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 Lines
A 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 / AWST
Airlines have begun stepping into the routes left vacant following the collapse of UK regional carrier Flybe.
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