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.
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.
Deutsche Regional Aircraft, the company behind the planned production restart of the Dornier 328 turboprop regional airliner, has hinted the latest version could introduce new propulsion technologies.
Network Aviation Group working together with Allied Air Cargo, Scan Global Logistics and various UN organisations, have successfully delivered vital emergency supplies into Abuja to help Nigeria beat the COVID-19 pandemic crisis.
Cornwell Muleya is no stranger to African aviation, after gaining senior leadership experience at Air Botswana, Air Tanzania, Air Mauritius and Zambezi Airlines. As Victoria Moores reports, his latest challenge has been setting up Uganda Airlines, an ambitious new national carrier, which launched operations in 2019 and plans to go long-haul in 2021.
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.
Boeing is acknowledging that changes to the 737 MAX will not earn FAA approval until after mid-year at least, with both the return-to-service timing and broader macroeconomic landscape driving how quickly production rates increase.
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.
African airlines should urgently start moving airliners to freighting duties to help solve a major shortfall in cargo capacity to and from the continent, according to the International Air Cargo Association (TIACA).