After a Colombian court blocked a $370 million government loan for Avianca, the airline has lined up $2 billion in financing in its bankruptcy reorganization.
Airlines will most likely have to ask governments for more financial support as the COVID-19 pandemic deepens, IATA director general and CEO Alexandre de Juniac said.
Despite numerous studies and reports on the cleanliness of passenger aircraft and the low risk of infection while aboard, the implementation of tangible and visible measures is key to building passenger confidence.
Emotion and urgency hung heavy in the air on the lawns of the US Capitol as the CEOs of three major airlines, the leaders of five large aviation unions and two congressmen appealed to Washington “to do the right thing”.
Boeing plans to eliminate a group of in-house training pilots dedicated to helping operators introduce new aircraft types, citing the lack of consistent work for them, and exacerbated by the COVID-19 pandemic that has forced cost cuts.
Dubai Airports CEO Paul Griffiths believes that wearable devices could play a role in real-time health validation for airlines passengers, especially in a digital ID post-COVID-19 era.
With European governments coming under sustained attack from airlines and passengers for their myriad quarantine rule changes, ULCC Wizz Air has introduced an interactive website map feature to show prospective travelers the health regulations covering their destinations.
While non-aeronautical revenues remain depressed on low passenger volumes, Dubai and Amsterdam Schiphol airports have both seen an increase in spending per passenger during the COVID-19 downturn.
The CEOs of Dubai and London Heathrow airports believe bilateral testing trials could set the scene for a more unified response to COVID, while Amsterdam Schiphol’s CEO warned that the current status quo must not be normalized.
Lufthansa subsidiary SWISS International Air Lines (SWISS) will focus on operating smaller scale Airbus A220 aircraft during the winter season as it expects demand to remain at very low levels.
Barring the equivalent of light speed regulatory action in Europe, Spirit AeroSystems appears unlikely to close its proposed $420 million acquisition of Asco Industries—at least not under the current terms that expire Oct. 1.
Research provided by flight-search website Skyscanner has revealed that passengers are responding to the COVID-19 crisis by booking flights last-minute and remaining closer to home.
The Norwegian government has announced plans to further extend its loan-guarantee scheme for airlines to the end of 2020, as the COVID-19 crisis persists.
