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Magazine Issue

Aviation Daily, March 18, 2020

VOL. 419 NO. 52 March 18, 2020
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Airlines

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IATA: Airlines Need Up To $200B In Financial Assistance

Mar 17, 2020
IATA expects the global airline industry to need $150-200 billion in various forms of government financial assistance to survive the current COVID-19 crisis, the association’s director general and CEO Alexandre de Juniac said Mar. 17. 
airfrance
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France Pledges To Help Pandemic-Hit Air France

Mar 17, 2020
France’s economy minister Bruno Le Maire has pledged to support big companies, including Air France, by any means necessary as the government unveiled an initial €45 billion ($49.6 billion) package of financial aid for struggling businesses hit by the COVID-19 coronavirus crisis.
qantas
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Australasian Carriers Reveal Deep Network, Capacity Cuts

Mar 17, 2020
Air New Zealand and Qantas are making further major cuts in capacity, suspending most international flights and grounding aircraft in response to the COVID-19 coronavirus pandemic.

Regulatory/Legislative

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European Commission To Relax State Aid Rules To Help Pandemic-Hit Companies

Mar 17, 2020
The European Commission (EC) has sent member states a draft of proposed changes to state aid rules give them more flexibility to support companies hit by the COVID-19 pandemic, as airline and airport groups called for more support. 
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UK Government Planning COVID-19 Airline Support Package

Mar 17, 2020
The British airline industry has broadly welcomed government plans to make £330 billion ($405 billion) worth of funding available to get business through the COVID-19 pandemic.
aircraft
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India Prohibits Air Travel From Europe

Mar 16, 2020
India has dramatically tightened its restrictions for international travelers, including a ban on entry from European nations.
aircraft
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Regulators Order A220 Fuel-Line Attachment Modification

Mar 16, 2020
A recommended fuel-coupling modification to reduce electrostatic charge risk on Airbus A220s is being mandated by regulators, with EASA adopting an airworthiness directive (AD) issued by Transport Canada (TC).

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Mar 17, 2020
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MRO

aircraft
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Analysts, Insiders Foresee 20% Drop In Aftermarket Revenue From COVID-19

Mar 17, 2020
Industry insiders and analysts are increasingly forecasting a 20% or greater falloff in commercial aftermarket revenue this year for manufacturers and other aerospace and defense companies with stakes in the business due to the COVID-19 coronavirus crisis and the collapse in Western air travel.

Airframers

facility
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Airbus Halts Production At French, Spanish Plants

Mar 17, 2020
As a consequence of the COVID-19 pandemic, Airbus has decided to “temporarily pause production” at its French and Spanish sites for four days, starting Mar. 17.

Industry Data

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Leisure and Business Fares: Week of March 9

Mar 17, 2020