Virgin Australia has entered voluntary administration and the airline’s management is proposing to keep as much of the airline intact as possible when it reemerges under a new ownership structure.
Practically everyone in commercial aerospace is scrambling to figure out how deep, and how long, COVID-19 will affect industry. Two longtime aerospace experts from consultancy Roland Berger, Manfred Hader and Robert Thomson, join Aviation Week senior business editor Michael Bruno on Check 6 to discuss what may occur.
The U.S. Transportation Department (DOT) granted Hawaiian Airlines a waiver to temporarily cease flying to eight mainland markets, agreeing that travel restrictions imposed by Hawaii’s governor make most service to the mainland unfeasible.
Haeco Cabin Solutions, responding to a surge in cargo demand as passenger-aircraft belly capacity has been reduced during the coronavirus pandemic, is fast-tracking development of several products designed for carrying freight in passenger cabins.
Norwegian Air Shuttle said its pilot and cabin crew subsidiaries in Sweden and Denmark were filing for bankruptcy, in the latest casualty of the COVID-19 crisis.
United Airlines warned of an estimated $2.1 billion pre-tax loss in the 2020 first quarter (Q1) and said it plans to seek up to $4.5 billion in additional loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Virgin Group chairman Richard Branson is saying Virgin Atlantic and Virgin Australia will need government support if they are to survive the COVID-19 crisis and keep competition alive in markets that would otherwise become effective monopolies.
National trade unions are protesting plans to lay off the entire South African Airways (SAA) workforce after the South African government declined to provide further financial support for the flag-carrier.
