The U.S. Transportation Department (DOT) has put airlines on notice that customers must be “refunded promptly” for all flights canceled due to the COVID-19 pandemic.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act sets up several new programs and adjusts some existing ones—each aimed at pumping much-needed cash into specific sized organizations or industry sectors.
The chief executive of Pittsburgh International Airport said that financial aid included in the latest U.S. federal stimulus package will offset roughly half the revenue destroyed by the COVID-19 pandemic.
Mexico’s largest domestic airline Volaris has been forced to slash its capacity by 80% for April after the country’s government declared a health emergency to contain the coronavirus.
Hong Kong’s Cathay Pacific Group has further slashed its April capacity from its originally planned 4% to 3% after a dismal start to its April passenger traffic.
Airlines, especially U.S. carriers, are going to have to tread a fine line in asking customers to accept vouchers for future travel instead of refunds on tickets bought before the global pandemic.
IATA is emphasizing the need for urgent action from African and Middle Eastern governments to provide financial relief to the regions’ airlines in the midst of the COVID-19 pandemic.
IATA is highlighting estimates of severe financial losses for Asia-Pacific airlines as it reiterates the urgency of government action to support the industry.
American Airlines will operate its fewest number of flights in May, reflecting a view that air travel demand will reach its lowest point over the next several weeks, when the COVID-19 pandemic is expected to peak in North America.
The parent company of Irish budget carrier Ryanair anticipates its fiscal 2020 profit figure will come in towards the low end of its previous guidance range.
The first proposed guidelines to ensure the safety of machine-learning systems in aircraft has resulted from a joint study by the European Union Aviation Safety Agency (EASA) and Swiss artificial-intelligence (AI) startup Deadalean.
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.
