When the text of the U.S. Government’s “stage-three” coronavirus stimulus effort was publicly released late last week, industry watchers were left scratching their heads over a vague provision requiring air carriers receiving aid to continue serving “all points” in their networks through Sept. 30.
The UK government has vowed to “work non-stop around the world” to keep air routes and critical transit hubs open so that British residents are able to return to the UK, foreign secretary Dominic Raab has said.
The pot of $29 billion in loan guarantees available for U.S. airlines comes with more restrictions than comparable amounts of available payroll grants, including minimum staffing requirements, though the preliminary U.S. Transportation Department (DOT) procedures leave several major questions unanswered.
Under a proposed new regulation, air carriers would be required to enter and share pilot records in an FAA-managed Pilot Records Database (PRD) before making hiring decisions.
Embraer is resuming essential operations in Brazil, such as customer support, aircraft maintenance and manufacturing, following a temporary shutdown because of the spread of the coronavirus causing COVID-19, the company said.
Responding to a congressional directive to exercise leadership in enabling the return of supersonic air travel, the FAA has proposed noise certification regulations for new supersonic aircraft.
Avia Solutions Group—which is active in wet leasing, maintenance and training—has completed its acquisition of Iceland-headquartered cargo airline Bluebird Nordic for an undisclosed sum.
IATA is pushing for broad adoption of travel vouchers in place of requiring airlines to refund passengers when flights are canceled during the COVID-19 crisis.
British Airways (BA) has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021.
The board and management of South African Airways (SAA) has thanked the SAA crew who flew a chartered aircraft which repatriated citizens from Wuhan, where the coronavirus originated.
The International Air Transport Association (IATA) has published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39 billion.
