Boeing’s updated commercial forecast sees customers taking 11% fewer new deliveries in the next decade than it projected a year ago as the industry slowly emerges from the demand crisis created by the COVID-19 pandemic.
The Singaporean government is looking to focus on COVID-19 testing and unilaterally lifting borders restrictions for travelers coming from countries with low infection rates as “protective measures” to revive its air hub.
KLM is looking for further voluntary redundancies after submitting a restructuring plan to the Dutch government, which was one of the requirements to access €3.4 billion ($4 billion) in state-backed loans and guarantees.
The world’s airlines stand to burn through $77 billion in the second half of 2020 and are not expected to become cash positive until 2022, IATA said Oct. 6 in a grim update on the financial outlook for the industry.
Credit: Newark Liberty International Airport / Twitter
The FAA has extended slot rule waivers at three congested U.S. east coast airports through the end of March, in an effort to relieve airlines hard hit by the COVID-19 pandemic.
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