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Magazine Issue

Aviation Daily, April 9, 2020

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Airframers

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Airbus Cuts Commercial Aircraft Production By One Third

Apr 08, 2020
Airbus decided April 8 to cut commercial aircraft production by roughly one third across the board as it deals with the fall-out of the coronavirus crisis.

The Daily Memo

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Daily Memo: COVID-19 Threatens Long-Haul Ambitions For Australasian Airlines

Apr 08, 2020
The COVID-19 pandemic has brought a temporary surge of new airlines and routes to Australasia for repatriation missions. But in the longer term, the crisis is also disrupting plans for high-profile long-haul flights from this region and prompting questions about their viability.

Suppliers

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Spirit Aero Halts Work For Boeing, Furloughs Workers, Warns Of More

Apr 08, 2020
With key customer Boeing recently suspending much of its own work indefinitely to try to deep-clean amid the novel coronavirus outbreak, Wichita-based Spirit AeroSystems announced April 8 it has also practically halted production for Boeing programs performed at its headquarters and in Oklahoma for an indefinite period of time.

Airports

Wuhan
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Wuhan Airport Reopens After 76-Day City Lockdown

Apr 08, 2020
Wuhan Tianhe Airport (WUH) reopened its gates to scheduled commercial operations on April 8, marking the end of China’s 76-day lockdown of the city and the resumption of normal service to the airport.

Safety

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IATA Figures Show Fewer Accidents In 2019

Apr 07, 2020
IATA’s latest Airline Safety Report shows commercial aviation accidents fell to 53 in 2019, compared with 62 in the prior year, equating to 1.13 accidents per million flights.

Airlines

aircraft
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Israel Denies El Al Airlines $350M State Loan

Apr 07, 2020
Israel’s Ministry of Finance has rejected El Al Israeli Airlines’ request for a $350 million state loan to sustain it through the COVID-19 global crisis.
aircraft
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JetBlue Consolidates Service To Five U.S. Metro Areas

Apr 08, 2020
JetBlue Airways will temporarily consolidate operations at five metro areas across the U.S., offering a preview of how other carriers will likely manage their minimum service level obligations under the Coronavirus Aid, Relief, and Emergency Security (CARES) Act.
aircraft
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Norwegian Proposes Debt-For-Equity Swap In State Aid Quest

Apr 08, 2020
LCC Norwegian Air Shuttle is calling a May 4 extraordinary general meeting (EGM) to seek shareholder approval for plans that would convert debt to equity to meet the requirements of a Norwegian state guarantee program and boost its balance sheet.
Korean
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Korean Air Furloughs 70% Of Staff As Capacity Plummets

Apr 08, 2020
Korean Air is putting about 70% of its South Korea-based workforce on leave for up to six months to match the heavily reduced scale of its operations.

Airline Snapshot

data-charts-graphs

Airline Snapshot: China Southern Airlines

Apr 08, 2020
Weekly profile of a major airlines operations.