Air Transport

ACI WORLD now estimates COVID-19 will result in loss of >2b pax in 2Q20 and >4.6b for all of 2020, cutting total airport revenues by $39.2b in 2Q20

Dainius Staniulis to Vice President Commercial of Avion Express, Lithuania.

QANTAS secured another A$550m in funding against three 787-9s and now has short-term liquidity of A$3.5b. It is currently operating 5% of its pre

ALASKA AIR GROUP lost $232m in 1Q20 (vs $4m net profit in 1Q19) on 13% lower revenues and says demand remains >90% below normal levels. It has parked

AERCAP had $276.8m net income in 1Q20 (vs $234.2m in 1Q19) on 3% higher revenues; it ended quarter with owned/managed/committed fleet of 1,372

The European Commission has approved a state-backed SKR3.3 billion ($333 million) three-year revolving credit facility to help Scandinavian Airlines

Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

Lufthansa is nearing an agreement with the German government for a €9-10 billion ($9.8-10.9 billion) rescue package made up of several components as the airline aims to resume a substantial amount of flights in June.

Somalia’s transport minister has appealed for international help to investigate the crash of an Embraer EMB-120 Brasilia turboprop carrying aid for the fight against Cornavirus killing all six on board.

This crisis likely will crystalize forces such as the marginalization of aerospace products in the digital economy and the rise of Asia.

Robotics, Bluetooth tracking and blockchain are among technologies smoothing operations throughout the supply chain.

KLM began gradual restoration of its European network with daily E-Jet flights to Barcelona, Madrid, Rome, Milan, Budapest, Prague, Warsaw and

AER LINGUS is expected to cut employment by about 20% (or about 800-900 workers) due to the COVID-19 pandemic.

FAA forecasts US airline enplanements will grow 2.1% per year over next 20 years to 1.47 trillion in 2040 vs 916.7b in 2019, and projects US mainline

It's no surprise that doing business now is challenging. Orders are being postponed or cancelled and in-person industry events, where business deals are made, are no longer occurring as of today. Businesses want to save money, are fearful of declining revenue, and need to rethink their marketing strategies.

Before the coronavirus pandemic hit, the engine overhaul segment was as strong as any vertical market in commercial aviation.

Air Canada is speeding up retirement of 79 older jets across its fleet as it digs in for a drawn-out period of low demand owing to the COVID-19 pandemic.

With so much going on within the aviation sector we want to know your views on the key topics and stories.

Some four years ago, American billionaire investor and Berkshire Hathaway CEO Warren Buffett thrilled the US major airlines when he bought stakes in each

The South African government has said it plans to create a successor to the country’s debt-stricken national carrier. However, in a statement issued

ULCC Wizz Air has revealed the first five markets it plans to serve from Abu Dhabi International (AUH) ahead of opening a hub there later this year.

RYANAIR is projecting net loss of >€100m in 1Q20; it expects to operate <1% of its scheduled flying program in 2Q20 and is negotiating with Boeing and

UNITED says it expects to take delivery of 16 737 MAXs in 2020 and 24 in 2021, which is less than half of the number originally scheduled for delivery

HEATHROW had £278m pretax loss on £593m revenues in 1Q20 vs £132m profit on £679m in 1Q19; retail revenue per pax increased 4% to £9.28.

SOUTHWEST AIRLINES completed previously announced public offering of $2b in debt securities.