Airlines & Lessors

The financial help available to airlines under the Coronavirus Aid, Relief, and Economic Security Act (CARES) come with restrictions and conditions

The three largest unions representing U.S. airlines flight attendants called on U.S. Treasury Secretary Steven Mnuchin not to seek ownership stakes in carriers receiving federal grants, warning that doing so could lead to massive job losses if airlines decide to forego aid.

British Airways (BA) has announced plans to furlough more than 30,000 of its 45,000 staff.

Berlin-based logistics company Zeitfracht Group appointed Dominik Wiehage as its new CEO from April 1 and has implemented a new management structure.

It will be “virtually impossible” for regional airlines to survive the COVID-19 crisis without government support, ExpressJet CEO Subodh Karnik has told Routes.

Emirates Airline will restart some passenger services in the coming week, the company’s chairman said April 2.

The pot of $25 billion in federal workforce grants being doled out to U.S. passenger carriers would provide them enough liquidity to ride out the COVID-19 crisis until year end, a team of Moody’s analysts have concluded.

Lufthansa is in talks with the German government about various forms of financial assistance in the ongoing coronavirus crisis.

After two consecutive lossmaking years, Garuda Indonesia achieved a profit of $6.5 million for 2019, reversing its $229 million loss a year prior; the airline did not provide an outlook for 2020.

Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the

The Turkish government has announced strict measures in an effort to curb the spread of the coronavirus in the country, banning all international flying from the end of March 27 until May 1.

Air New Zealand has cut its domestic capacity by 95% as new COVID-19 restrictions prevent most travel in its local market.

U.S. aid will boost five carriers that made half the world’s profits.

A trade group representing leisure airlines and ULCCs said the U.S. Government’s proposed “continuation of service” obligation for carriers receiving federal aid unfairly discriminates against airlines with seasonal demand profiles.

The COVID-19 crisis shows that while it is good to have a globally diverse network, a strong domestic operation is a major advantage for carriers when a shock disrupts international traffic flows.

Lessor Dubai Aerospace Enterprise (DAE) has received 53 “rent deferral requests” from its customers, representing around 16% of the company’s annual revenue.

Air Iceland Connect, Icelandair’s regional subsidiary which operates flights within Iceland and to Greenland, is to be integrated into Icelandair.

Japan Airlines (JAL) and All Nippon Airways (ANA) have made further cuts to their summer international schedules as demand continues to fall amid the COVID-19 pandemic.

Russia’s only LCC Pobeda announced Apr. 1 that it will suspend all regular flights until May 31.

Chinese flights are carrying light loads and earning low yields, but the government wants the industry to fly as much as possible.

Airlines with strong domestic networks before COVID-19 could see a faster rebound than those relying on international connections.

In its 2019 annual report, released Mar. 30, China’s largest airline said that despite cutting frequencies internationally and domestically, it has

The liquidators of Air Italy, which collapsed in February, have received several “expressions of interest” in assets of the failed airline.

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.