As the Pentagon and defense companies begin to encourage workers to telecommute when possible, the department has begun conducting daily calls with defense trade associations to discuss the impact of COVID-19, according to a Pentagon spokesman.
A coalition of six general and business aviation trade groups are asking that government financial relief assistance sought by air carriers in response to the impact from COVID-19 include business aviation charter providers and fractional operators.
The European Commission (EC) has sent member states a draft of proposed changes to state aid rules give them more flexibility to support companies hit by the COVID-19 pandemic, as airline and airport groups called for more support.
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.
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.
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.
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.
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.
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.
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.
