Environmental groups have welcomed a decision by ICAO on eligible carbon credits under a scheme to offset emissions from aviation and believe the system is flexible enough to cope with the dramatic drop in global flights following the COVID-19 coronavirus outbreak.
Coronavirus-driven demand declines and a ban on non-essential Canada-U.S. transborder travel have forced Canadian airlines of all sizes to cut back or stop flying.
China Eastern Airlines will reduce or suspend flights on 11 European and North American routes, apparently in response to further falls in demand amid the COVID-19 coronavirus pandemic.
Deep schedule cuts at partner United Airlines have forced U.S. regional carrier Trans States to speed up its planned cessation to Apr. 1, the airline’s top executive told employees.
The European Commission has said airlines do not have to pay compensation for flights canceled because of travel restrictions put in place to slow the COVID-19 coronavirus outbreak as they constitute “extraordinary circumstances.”
Malaysia Airlines Berhad CEO Izham Ismail has said the hasty and unilateral decision to enforce a nationwide lockdown of Malaysia resulted in severe disruption to the flag carrier’s operations.
Following increased government travel restrictions and a massive drop in demand related to the COVID-19 coronavirus outbreak, Brussels Airlines, Latvian flag carrier Air Baltic and Italian regional carrier Air Dolomiti have all decided to temporarily suspend operations.
Chinese authorities will not allow any international flights to arrive directly in Beijing beginning Mar. 18, the Civil Aviation Administration of China (CAAC) has told airlines.
Cash-strapped African LCC fastjet has reached creditor agreements, paving the way for continued operations to the end of June and extending its previous guidance by three months.
Irish ultra-LCC Ryanair is cash rich and has many assets other airlines lack to see it through the industry’s multiple crises. But like Southwest Airlines, Ryanair is an all-Boeing 737 operator, so the MAX grounding has been a particular blow to growth and financials.
South America’s largest commercial airlines suspended nearly all international flying and slashed domestic capacity, as the financial fall-out from the COVID-19 crisis reverberates across all corners of the global airline industry.
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.
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.
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.
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.
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.
Korean Air’s parent company Hanjin KAL has hit back with regulatory complaints against two shareholders that are attempting to take over management control of the flag carrier.
