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Magazine Issue

Aviation Daily, April 15, 2020

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Regulatory/Legislative

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U.S. Treasury Reaches Agreement With 10 Airlines Over CARES Act Payroll Aid

Apr 14, 2020
The U.S. Treasury Department reached an agreement in principle April 14 with 10 large American passenger airlines, ensuring their participation in the $25 billion Payroll Support Program (PSP) established by the Coronavirus Aid, Recovery, and Economic Security (CARES) Act.

The Daily Memo

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Daily Memo: U.S. Fleets To Be Leaner, More Efficient Post-COVID-19

Apr 14, 2020
With the global recovery in air traffic demand expected to last up to several years, airlines that survive will likely emerge from the COVID-19 crisis as smaller businesses operating leaner and more efficient fleets. 

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Apr 14, 2020
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Airframers

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Boeing Orders And Delivery Slump Accelerates As Market Shrinks

Apr 14, 2020
Updated Boeing commercial airliner figures for 2020 through March reveal dramatic order cancellations and reduced deliveries as the air transport market continues to nosedive in the wake of the coronavirus pandemic.
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New MAX Autopilot Requirement Addresses Emergency-Checklist Conflict

Apr 14, 2020
The latest version of the Boeing 737 MAX master minimum equipment list (MMEL) corrects a conflict between the original MMEL’s allowances and pilot troubleshooting steps that allowed flights with no functioning autopilot, even as a checklist calls for autopilot engagement to correct flight-control issue. 

Airlines

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Finnair, Juneyao Air Plan Finland-China Joint Venture

Apr 14, 2020
Oneworld member Finnair and Star Alliance connecting partner Juneyao Air are looking to establish a joint venture (JV) between their two main hubs—Helsinki and Shanghai—strengthening their existing partnership.
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JAL, ANA International Flight Cuts Will Soon Exceed 90%

Apr 13, 2020
Japan’s major airlines are continuing to shrink their international networks as they increase capacity cuts through late April and plan larger reductions extending into May.
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IATA Issues More Pessimistic Traffic Forecast

Apr 14, 2020
IATA has revised downwards its 2020 economic forecast for the global airline industry. 

Airports

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U.S. DOT Announces CARES Act Grant Amounts For U.S. Airports

Apr 14, 2020
The U.S. Transportation Department (DOT) announced emergency grants totaling $10 billion for hundreds of airports across all 50 states, with awards ranging in size from just $1,000 for the smallest airports to hundreds of millions of dollars for the largest.

Industry Data

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Leisure and Business Fares: Week of April 6

Apr 14, 2020