Coronavirus

BRITISH AIRWAYS is formally notifying trade unions on proposed restructuring/redundancy program that may result in reduction of 12,000 workers.

A4A says 3,003 US airline pax aircraft were idle on April 28, or 49% of total fleet; and TSA checkpoints are averaging 115k/pax per day in US in April

MTU AERO ENGINES had €111.8m net income on €1.3b revenues in 1Q20 vs €126.5m on €1.1b in 1Q19. It assumes COVID-19 crisis will have a negative impact

France’s economy minister has told Air France to drastically reduce its emissions in return for the €7 billion ($7.6 billion) in loans the French state has promised the Air France-KLM group to help it survive the COVID-19 crisis.

Lufthansa subsidiary Austrian Airlines said April 29 that it needs €767 million ($833 million) in financial assistance from the state to survive the COVID-19 crisis.

While the Pentagon intends to request billions of dollars in the next iteration of the Coronavirus Aid, Relief and Economic Security Act to support the defense industrial base, House Armed Services Committee Chairman Adam Smith (D-Wash.) does not believe the Defense Department (DOD) should receive stimulus funding, setting up a likely debate on which federal agencies should get cash.

Welcome to Routes’ look at how the Asia-Pacific aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

Finnair will continue operating its current minimum network and keep most aircraft grounded through June after reporting heavy losses for the first quarter (Q1) because of the coronavirus crisis.

China’s big three state-owned carriers Air China, China Southern Airlines and China Eastern Airlines have recorded a cumulative loss of CNY14 billion ($2 billion) for Q1 2020 as the COVID-19 pandemic brought the Chinese aviation industry to a standstill.

FAA standards for remote technology use are welcome—but time is of the essence, due to the coronavirus pandemic.

What will the Boeing 737NG market look like as airline traffic rebounds, and what impact will the 737 MAX have on it?

Some airlines in Europe, now bolstered by hefty state aid packages, are trying to assess how their businesses will fare after the crisis.

Engine-makers prepare for a harsh new reality amid precipitous declines in demand for new powerplants and shrinking aftermarket services.

SKYUP AIRLINES, Ukraine is retrofitting 11 737NGs to perform cargo operations during COVID-19 crisis.

Boeing’s company-wide target of reducing its staff by 16,000 will hit its Global Services (BGS) even harder, with cuts in the company’s support

Bombardier is recalling most of its Canadian-based workforce and expects 11,000 employees to return to work over the next few weeks.

The Aircraft Owners and Pilots Association has issued a state-by-state guide to help pilots navigate the latest requirements on general aviation flying under mandatory stay-at-home orders in a variety of states and territories.

Boeing does not anticipate a slowdown of the KC-46, MQ-25 or T-7 aircraft programs even though the company had to close facilities as a result of the COVID-19 pandemic, senior executives say.

The U.S. Air Force has expanded its interest in emerging electric vertical-takeoff-and-landing aircraft to encompass vehicles able to carry one-two people or more than 500 lb. of cargo.

Gulfstream Aerospace business jet deliveries declined in the first quarter of 2020 due to travel restrictions brought on by the COVID-19 pandemic, while constraints in its supply chain are affecting production.

Good news is a rare commodity for the airline industry these days, but some glimmers of hope are continuing to emerge in a handful of Asian countries.

Boeing still is negotiating with the Trump administration over receiving U.S. bailout funds, but company leaders believe they can maintain investor-grade ratings and see a sustainable financial path to when its commercial aircraft business returns to growth in 3-5 years.

Allegiant Air has received permission from the U.S. Transportation Department (DOT) to reduce service at a host of domestic airports below minimum levels outlined in the CARES Act coronavirus stimulus law.

The Pentagon’s plan to dramatically redesign the Boeing KC-46A Pegasus vision system is responsible for the bulk of an $827 million charge for the program in the first quarter.

Boeing is facing a novel coronavirus-related setback to the VC-25B presidential transport program, causing the company to recognize a $168 million impact in the first quarter.