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Magazine Issue

Aviation Daily, March 25, 2020

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Airlines

aircraft
article

IATA Expects $250B Industry Revenue Shortfall

Mar 24, 2020
IATA expects airlines globally to lose around $250 billion in revenues this year as a consequence of the coronavirus crisis and is asking governments to quickly intervene.
southern
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Flights At Wuhan Airport Scheduled To Resume In April

Mar 24, 2020
Flights from Wuhan Tianhe International Airport (WUH) will resume on Apr. 8 as China’s transport links with Hubei, the province where COVID-19 originated, are restored, airline flight scheduling shows.
aircraft
article

Avianca Halts All Flying As Latin American Carriers Face COVID-19

Mar 24, 2020
Bogota-based Avianca announced it will temporarily cease all passenger flying, as a cascading series of travel restrictions across Latin America forces carriers to halt operations or scale back to skeletal levels.
aircraft
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Canada’s Air Transat Lays Off 3,600; Grounding Set For April 2

Mar 23, 2020
Transat A.T., parent company of Air Transat, has laid off about 70% of its workforce and confirmed that the airline’s temporary grounding will begin Apr. 2. 

Editorial

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EDITORIAL: Airlines Are In Apocalypse, But Here’s Also An Opportunity To Restore Customer Trust

Mar 24, 2020
IATA director general and CEO Alexandre de Juniac is a sophisticated businessman at ease with the higher echelons of this industry and governments…

Advertisement

Delta Tech Ops Promo_Image
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Advertisement: Delta TechOps

Mar 24, 2020
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Suppliers

article

Spirit Aero Follows Boeing COVID-19 Shutdown, Warns Of More Layoffs

Mar 24, 2020
Spirit AeroSystems, Boeing’s provider of aerostructures and its largest supplier, on March 24 said it will halt work at its Wichita and Tulsa, Oklahoma, facilities after Boeing the day before announced a temporary shutdown of its Puget Sound facilities in Washington state.

MRO

Parked aircraft at Roswell
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Warning: MROs Should Expect Rash of Cancellations In Coming Weeks

Mar 24, 2020
Airlines are drastically cutting their passenger flights in response to the novel coronavirus pandemic, which could take several months to contain. This will cause a rash of aftermarket order cancellations.

Airports

airport
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Fitch Ratings Eyes Two-Year U.S. Traffic Recovery Period

Mar 24, 2020
Fitch Ratings is modeling debt-risk evaluations for the U.S. airports it covers using a baseline case that shows significant drops in 2020…
cargo
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Quieter Heathrow Focuses On Air Freight

Mar 24, 2020
The owners of London Heathrow airport says it is repurposing its operations to meet increased demands for air freight.

Airlines/Airports

Ryanair
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Ryanair Sees No Flights Through May As Suspensions Continue Globally

Mar 24, 2020
As travel demand falters, European airlines are continuing to cut flights, with Ryanair predicting its aircraft will remain grounded through May and Wizz Air temporarily closing its Vienna base.

Industry Data