Latest COVID-19 News and Analysis

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…
Mar 24, 2020
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
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.
Mar 24, 2020
LCC Norwegian has moved swiftly to access an initial tranche of state-backed aid, to enable it to negotiate the current financial crisis.
Mar 24, 2020
Waco Aircraft and Centennial Aircraft Services will close from March 24 until April 13 because of a stay-at-home order in Michigan aimed at containing the spread of the coronavirus.
Mar 24, 2020
Japan’s two major airlines have both announced significant cuts to the start of their summer schedules to offset lower traffic resulting from the COVID-19 pandemic.
Mar 24, 2020
Bombardier has suspended work at its Belfast, Northern Ireland facility, pausing work until April 20.
Mar 24, 2020
Following a warning last week of coming cutbacks—and on the heels of previously announced cost-saving goals months ago before the COVID-19 pandemic—major Tier 2 provider Triumph Group on March 24 said it will eliminate 500 staff and contractor jobs by May 1.