Airlines & Lessors

Despite major cuts that remind most of the post-9/11 environment, there is optimism that the COVID-19 recovery could be quicker.

Mid-March capacity is scheduled for around 58% of the level of two months before. U.S. services are being bolstered.

Norwegian is taking its most dramatic action yet in its effort to deal with the latest U.S. imposed travel restrictions and the fall in demand for transatlantic services.

Creditors of German leisure airline Condor have cleared the way for the company to exit its protective umbrella restructuring scheme, but questions are being raised whether the planned takeover by state-owned Polish aviation group PGL will go ahead amid the current COVID-19 crisis.

Chinese airlines carried 84.5% fewer passengers in February than a year earlier, the Civil Aviation Administration of China (CAAC) said, giving the most complete data so far on the impact of Wuhan virus on the industry.

The COVID-19 epidemic may not end up being worse than recent airline-industry downturns, but it will still leave its marks, the head of lessor AerCap said.

A free route airspace project initiated by HungaroControl, Hungary’s air navigation service provider, is a finalist in the World ATM Congress’ Maverick Awards for the flexibility it has given airlines and subsequent fuel savings.

Enaire, Spain’s air navigation service provider (ANSP), has devised a tool to monitor the shortcuts air traffic controllers steer flights on in a bid to save time and fuel, thus enabling an impact assessment of the more direct routings.

European airlines reeling from the latest blow of a U.S. travel ban have called on governments to immediately ease slot rules, defer taxes and clarify the status of passenger compensation to help them weather the COVID-19 coronavirus storm.

Airlines are keen to publicize their efforts to minimize the risk of the coronavirus’ spread within aircraft cabins.

Industry is not impressed by the British government’s plans for clean break from the European regulator.

U.S. President Donald Trump has ordered a travel ban between the U.S. and mainland Europe for 30 days beginning Mar. 13 for foreign nationals, in a stunning move aimed at limiting the spread of COVID-19.

Cathay Pacific Airways posted a net profit of HK$1.7 billion ($217 million) in 2019, down 28% year-over-year (YOY), as anti-government protests that began in June 2019 precipitated a significant decline in what is usually a stronger period for the airline.

European airlines and airports revealed more COVID-19 related cancellations and reductions, a day after the Italian government placed the entire country on lockdown, sparking knock-on effects throughout the region’s aviation sector.

Around 25% of the worldwide Airbus A380 fleet is in the process of being grounded as airlines cut their largest widebodies from services dealing with the fall-out of the coronavirus crisis.

South African carrier Comair is considering selling off some non-core businesses after several financial hits, Comair Group CEO Wrenelle Stander said Mar. 11.

American Airlines will lease 22 Boeing 787-8s from Singapore-based BOC Aviation, the lessor announced Mar. 10 in a filing with the Hong Kong stock exchange.

Aeroflot Group reported a 2019 net profit of RUB13.5 billion ($218 million). The group had to restate its 2018 full-year results according to International Financial Reporting Standards (IFRS) requirements, which resulted in a loss of RUB55.7 billion for 2018.

United Airlines is leaving nothing to chance over the potential impact of COVID-19, operating under planning assumptions that United president Scott Kirby called “much more severe than anything we’ve seen anyone else publish.”

Listen in as Aerodynamic Advisory's Kevin Michaels and Teal Group's Richard Aboulafia join Aviation Week editors to discuss the perfect storm that has hit the industry—and what’s coming next.

From joint ventures to acquisitions and connecting partnerships, Europe’s budget carriers are teaming up.

China is cutting airport and airway charges as part of its response to the Wuhan virus epidemic, the Civil Aviation Administration of China (CAAC)

Two big Chinese airlines are increasing services to the U.S., recovering a little from the reduction to minimal levels applied shortly after the coronavirus outbreak became recognized in late January.

Air France plans to cut 3,600 flights in March as a result of the worsening COVID-19 coronavirus outbreak.

Spirit Airlines, citing declining yields but not the falloff in bookings that most other U.S. carriers are facing, will trim its planned April capacity 5% and could extend the cuts deeper into the spring if necessary.