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Magazine Issue

Aviation Daily, April 22, 2020

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Regulatory/Legislative

aircraft
article

U.S. Treasury Disburses $2.9B In CARES Act Airline Aid

Apr 21, 2020
The U.S. Treasury Department has disbursed an initial round of financial aid to passenger airlines worth $2.9 billion, as a deal was finalized with six large carriers over terms related to payroll assistance under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The Daily Memo

UPS
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Daily Memo: Unraveling The ‘Project Airbridge’ Pandemic Response

Apr 21, 2020
By mid-April, a White House-sponsored airlift to deliver urgently needed medical supplies to combat the COVID-19 pandemic had completed 45 flights. 

Airframers

aircraft
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Airbus Reports A321XLR Development Progress

Apr 21, 2020
Airbus’ A321XLR long-range, single-aisle program is gathering momentum as the first examples of some specific components are being produced, suppliers are being chosen and detailed design activities are proceeding, according to the airframer.

Airlines

aircraft
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IATA Expects Fare Hikes With On-Board Social Distancing Implemented

Apr 21, 2020
IATA expects airlines will have to charge much higher fares if social distancing rules are introduced on board of aircraft. 
aircraft
article

Air Canada To Suspend Transborder Flying

Apr 21, 2020
Air Canada will suspend its limited transborder flying on April 26, citing the extension of coronavirus-related joint travel restrictions put in place by Canada and the U.S., and reduced demand for repatriating Canadians.
Virgin
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Virgin Australia Aims To Relaunch Under New Ownership

Apr 21, 2020
Virgin Australia has entered voluntary administration and the airline’s management is proposing to keep as much of the airline intact as possible when it reemerges under a new ownership structure.
aircraft
article

ANA Cuts Profit Guidance As COVID-19 Curtails Revenue

Apr 21, 2020
All Nippon Airways (ANA) Holdings has significantly cut its estimated profit for its fiscal year that ended March 31, attributable to a decrease in revenue linked to the COVID-19 pandemic.
aircraft
article

Porter Airlines Taps Canadian Payroll Funding

Apr 20, 2020
Porter Airlines, joining its larger Canadian rivals, will tap the Canada Emergency Wage Subsidy (CEWS) program to bring some staff back to the…

Safety

article

Emirates Safety Measures Give Hint Of Future Flying Experience

Apr 21, 2020
Emirates' latest COVID-19 safety measures give a shocking glimpse of what post-lockdown travel could look like, with ground and cabin crew wearing full protective clothing and a ban on large items of hand luggage.

Suppliers

aircraft
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Hexcel Still Has Not Heard from Boeing; Expects Deep Cuts

Apr 21, 2020
Aerospace composite provider Hexcel on April 20 scrapped its guidance for 2020 with its financial outlook marred by declining production rates at OEM customers making large commercial aircraft (LCA).

Industry Data