Southwest Airlines executives see signs that travel demand may have bottomed out, but are bracing for a slow, bumpy recovery that will require substantial flexibility in everything from short-term flight schedules to the U.S. domestic giant’s long-term fleet strategy.
The company behind the airport serving Lugano, Switzerland has opted to put itself into liquidation after the COVID-19 pandemic destroyed air traffic at the location.
The spread of the novel coronavirus has changed the way the Defense Department views its supply chain and the military is beginning to understand where the industrial base is “hyper efficient but very brittle,” according to the U.S. Navy acquisition executive.
For all those who believe that things come in threes, there now is the third failed mergers and acquisition (M&A) deal attributable to COVID-19 in April alone.
All Nippon Airways (ANA) is considering deferring aircraft orders in response to the COVID-19 crisis while strengthening its liquidity with new lines of credit.
Delta Air Lines petitioned the U.S. Transportation Department (DOT) for a waiver to suspend service to nine non-hub airports, arguing that further network consolidation is critical to protecting the health of airport workers amid the COVID-19 pandemic.
The surge in demand for cargo services shows no sign of abating since the COVID-19 crisis grounded the vast majority of passenger aircraft and with them their belly capacity.