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.
Welcome to Routes’ look at how the North American 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.
Kawasaki Heavy Industries (KHI) and Subaru have suspended production of 787 components in response to Boeing’s earlier decisions, now partly reversed, to stop work on the program amid the coronavirus outbreak in the U.S.
Virgin Australia appears likely to enter voluntary administration this week amid the COVID-19 crisis as its options for acquiring the additional funding it needs have almost disappeared.
Tunisia’s transport minister Anouar Maarouf has warned that Tunisair’s air transport industry is unlikely to recover before summer 2021, reports Romuald Touembou Ngueyap.
