Lessor Dubai Aerospace Enterprise (DAE) has received 53 “rent deferral requests” from its customers, representing around 16% of the company’s annual revenue.
A group of nine U.S. Senators urged U.S. carriers to issue full cash refunds to customers for all flight cancellations made during the COVID-19 crisis.
The eruption of the Indonesian Mount Tambora in 1815 propelled enough volcanic dust into the atmosphere to visibly darken the sun and cool the global climate in the subsequent months, leading 1816 to be described in contemporary accounts as “The Year without a Summer.”
A virus-driven temporary cut in air traffic is no substitute for lasting emissions-reduction measures, and this is still the time to consider what a sustainable post-COVID-19 airline industry should look like.
Japan Airlines (JAL) and All Nippon Airways (ANA) have made further cuts to their summer international schedules as demand continues to fall amid the COVID-19 pandemic.
Air navigation service providers (ANSPs), particularly those that are privately owned, are taking tough steps to ensure they can survive the slump in air traffic caused by the coronavirus crisis.
Astronics, the already embattled provider of aircraft seat technology and other interior products, is “adjusting its workforce” to align with a dropoff in demand due to the coronavirus and sudden economic slowdown.