As air transport demand continues to drop as COVID-19 coronavirus infections have begun to cluster beyond the Asia-Pacific region, IATA has widened its estimates on revenue losses for the airline industry.
Hong Kong-based China Aircraft Leasing Group (CALC) announced Mar. 5 that it will indirectly acquire a 35.68% equity interest in Indonesian regional airline TransNusa.
United Airlines became the first U.S. airline to cut domestic capacity as a result of the COVID-19 outbreak, signaling that domestic demand in the North American market is showing signs of pressure from the spreading novel coronavirus.
LCC flydubai faced “an abrupt interruption” to both its growth and fleet strategy in 2019 as it weathered the effects of the Boeing 737 MAX grounding, the airline said as it published its annual results Mar. 4.
African airlines need support from their respective national governments and must also come together to face the problems confronting the airline industry on the continent, Ethiopian Airlines CEO Tewolde Gebremariam said Mar. 4.
Satellite communications (satcom) terminal supplier Isotropic Systems will license components of its optical multi-beamforming antenna technology to aerospace and defense companies to build products “capable of unleashing a new era of inflight connectivity.”
Organizers on March 4 canceled the World ATM Congress planned in Madrid next week, citing travel restrictions that have been implemented because of the COVID-19 coronavirus outbreak.
U.S. Transportation Department (DOT) auditors will examine the FAA’s recently-updated safety inspector staffing model with an eye on evaluating whether forecasted personnel needs are accurate, and how the agency factors in designees.
UK long-haul specialist Virgin Atlantic is seeking to defer staff salary increases and is cutting the pay of its senior executives as it braces for the increasing financial impact of the COVID-19 outbreak.
