Coronavirus

Both Boeing and Airbus are looking at what they can do to survive COVID-19’s impact, but it may also affect future airliner development.

A pair of Cowen & Co. analysts predicted U.S. airlines will shrink their pilot workforces by 20%, a target they said could largely be achieved through voluntary measures alone.

Indonesia’s largest low-cost airline Lion Air will suspend all flights from June 5 citing poor passenger carriage as travelers struggle to fulfil the strict requirements needed to fly after movement control restrictions were lifted.

In regional downturns, lessors can move around aircraft to where they are still needed. In COVID-19 times, that is no longer possible.

U.S. airlines have regained access to the international Chinese market in a revision of regulations that China issued a day after its own access to the U.S. market was threatened.

Privately owned South African carrier Comair, which operates LCC kulula.com and franchise flights for British Airways (BA), is in talks with six potential investors while eyeing a domestic relaunch by Nov. 1 with a downsized fleet.

More European airlines have confirmed plans to expand their flight schedules in June and July, gradually piecing back together networks that have been shattered by the COVID-19 pandemic.

WASHINGTON—The U.S. Transportation Department (DOT), accusing Chinese counterparts of dragging their feet on approving U.S. airline requests to resume

AIR CANADA operated its final 767 pax flight (24307; Montreal-Toronto) on June 2; it operated 767s for 38 years.

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ALASKA AIR GROUP secured $88m financing and finalizing terms to receive $29m for MCGEE AIR SERVICES under US Payroll Support Program. As of June 1, it

INDIGO is expected to return up to 120 A320ceo Family aircraft to lessors over next two years, to be replaced with A320neos.

US DOT reports US scheduled airlines consumed 447m gallons of fuel at $1.38 each in April vs 1.5b at $2.06 in April 2019; April 2020 fuel consumption

Lufthansa is preparing “extensive postponements” of aircraft deliveries over several years as it focuses on reducing investment spending and maximizing cashflow in what is expected to be a slow recovery after the coronavirus pandemic.

ICAO has been roundly praised by the global aviation community for its “takeoff guidance” published June 2 and setting out recommended practices for

While many airline executives predict the recovery in air travel demand will be U-shaped or V-shaped, Delta Air Lines CEO Ed Bastian thinks it will probably look more like the Nike “Swoosh” logo.

The UK government has confirmed plans that insist on almost all air passengers arriving in the country self-quarantining for 14 days.

SWISS had CHF84.1m operating loss in 1Q20 (vs CHF48.3m profit in 1Q19) on 20% lower revenues; enplanements fell 21.4%.

IATA reports year-over-year global pax traffic dropped 94.3% in April on 87% lower capacity (PLF was 36.6%); cargo traffic fell 27.7% on 42% lower

LUFTHANSA GROUP had €2.1b net loss in 1Q20 (vs €342m loss in 1Q19) on 18% lower revenues; traffic fell 26.1%. It parked 700 of its 763 aircraft due to

AEROCENTURY lost $10.2m in 1Q20 (vs $1.3m loss in 1Q19) on 37% lower revenues; it has 13 aircraft. It says some of its eight customers (in six

BAIN CAPITAL and CYRUS CAPITAL PARTNERS have been shortlisted as preferred bidders for VIRGIN AUSTRALIA after Administrators (Deloitte Australia)

The airline industry has produced almost exclusively bad news ever since the coronavirus pandemic began to have an impact on the industry globally in early March.

The global air freight market plummeted by 27.7% in April compared to the same period in 2019, as the full effect of the COVID-19 pandemic was felt around the world.

Indian carrier IndiGo slipped to a net loss in the first quarter of the year, largely due to plummeting demand caused by the COVID-19 crisis coupled with travel restrictions.