Air Transport

UK regional airlines have started to replace failed carrier Flybe on some of the latter’s network of routes.

The British airline industry has broadly welcomed government plans to make £330 billion ($405 billion) worth of funding available to get business through the COVID-19 pandemic.

Southwest Airlines announced plans to trim capacity by 20% in April and May, citing a “dramatic decline” in net bookings caused by the COVID-19 pandemic and ensuing government travel restrictions.

Aviation regulators and governments must exempt cargo airline flight deck personnel from increasingly tight travel restrictions if vital supplies are not to dry up in the global health crisis, IATA and the European Regions Airline Association (ERA) contend.

Swiss International Air Lines (SWISS) is realigning its management board as a result of the challenges posed by the effects of the COVID-19 crisis.

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Industry insiders and analysts are increasingly forecasting a 20% or greater falloff in commercial aftermarket revenue this year for manufacturers and other aerospace and defense companies with stakes in the business due to the COVID-19 coronavirus crisis and the collapse in Western air travel.

Cathay Pacific is preparing to operate a “skeleton” passenger flight schedule for April, reducing capacity around 90% after travel demand plummeted.

Increasingly strict border and quarantine requirements are curtailing international air travel across Asia as governments across the continent ramp up their response to the COVID-19 coronavirus crisis.

Thomas Frick to Chief Operating Officer of Swiss International Air Lines (SWISS).

Markus Binkert to Chief Financial Officer of Swiss International Air Lines (SWISS).

QANTAS GROUP is now acurring international capacity by about 90% through at least the end of May (vs original plan of 23%); domestic capacity is

AEGEAN AIRLINES had €78.5m net income in 2019 (vs €67.9m in 2018) on 10.4% higher reveunes; enplanements rose 7.3%. It is drastically reducing

SILVER AIRWAYS has directly requested financial aid for US Govt to survive COVID-19.

GOL is cutting capacity by 60-70%, including 50-60% in domestic capacity and 90-95% in the international market.

SOUTHWEST AIRLINES took out a $1b, 364-day loan from a syndicate of lenders. It says it has experienced extreme declines in bookings in March and 2Q20

APG AIRLINES joined IATA and is now registered as an IOSA operator; it has one King Air 350.

THAI AIRWAYS INTERNATIONAL has approached Amedeo Air Four Plus for support measures for four leased A350s.

France’s economy minister Bruno Le Maire has pledged to support big companies, including Air France, by any means necessary as the government unveiled an initial €45 billion ($49.6 billion) package of financial aid for struggling businesses hit by the COVID-19 coronavirus crisis.

As a consequence of the COVID-19 pandemic, Airbus has decided to “temporarily pause production” at its French and Spanish sites for four days, starting Mar. 17.

British Airways’ (BA) unions are worried about potential redundancies after the airline launched a formal consultation over employment measures to

IATA expects the global airline industry to need $150-200 billion in various forms of government financial assistance to survive the current COVID-19 crisis, the association’s director general and CEO Alexandre de Juniac said Mar. 17.

Air New Zealand and Qantas are making further major cuts in capacity, suspending most international flights and grounding aircraft in response to the COVID-19 coronavirus pandemic.

Boeing said late March 16 that Heidi Capozzi, senior vice president of human resources, is leaving in early April “to pursue another opportunity.”

LCC Cebu Pacific (CEB) and Philippine Airlines (PAL) will suspend flights as quarantine measures are ramped up across the Philippines following the COVID-19 coronavirus outbreak.