The UK government has effectively told the country’s airlines they must exhaust all avenues to shore up their cash reserves and protect their liquidity before turning to the country’s treasury for assistance.
IATA has called on governments to help ensure air cargo supply lines stay open to allow them to help contain the spread of the coronavirus, saying bureaucratic procedures need to be streamlined to avoid unnecessary delays.
NASA has renamed its urban air mobility Grand Challenge the Advanced Air Mobility National Campaign, a seemingly simple name change that signals recognition that industry’s interest is in more than just downtown air transportation.
Regional turboprop manufacturer ATR, following a pause in its activities for four days last week, is resuming production at its Toulouse final assembly line.
Travel data and analytics expert, Cirium, has launched new analysis offering verified daily updates on the number of in-storage aircraft amid the coronavirus pandemic.
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
Bogota-based Avianca announced it will temporarily cease all passenger flying, as a cascading series of travel restrictions across Latin America forces carriers to halt operations or scale back to skeletal levels.
Japan’s two major airlines have both announced significant cuts to the start of their summer schedules to offset lower traffic resulting from the COVID-19 pandemic.
Following a warning last week of coming cutbacks—and on the heels of previously announced cost-saving goals months ago before the COVID-19 pandemic—major Tier 2 provider Triumph Group on March 24 said it will eliminate 500 staff and contractor jobs by May 1.