COVID-19

ALASKA AIR GROUP secured $88m financing and finalizing terms to receive $29m for MCGEE AIR SERVICES under US Payroll Support Program. As of June 1, it

INDIGO is expected to return up to 120 A320ceo Family aircraft to lessors over next two years, to be replaced with A320neos.

US DOT reports US scheduled airlines consumed 447m gallons of fuel at $1.38 each in April vs 1.5b at $2.06 in April 2019; April 2020 fuel consumption

Lufthansa is preparing “extensive postponements” of aircraft deliveries over several years as it focuses on reducing investment spending and maximizing cashflow in what is expected to be a slow recovery after the coronavirus pandemic.

ICAO has been roundly praised by the global aviation community for its “takeoff guidance” published June 2 and setting out recommended practices for

While many airline executives predict the recovery in air travel demand will be U-shaped or V-shaped, Delta Air Lines CEO Ed Bastian thinks it will probably look more like the Nike “Swoosh” logo.

The UK government has confirmed plans that insist on almost all air passengers arriving in the country self-quarantining for 14 days.

SWISS had CHF84.1m operating loss in 1Q20 (vs CHF48.3m profit in 1Q19) on 20% lower revenues; enplanements fell 21.4%.

IATA reports year-over-year global pax traffic dropped 94.3% in April on 87% lower capacity (PLF was 36.6%); cargo traffic fell 27.7% on 42% lower

LUFTHANSA GROUP had €2.1b net loss in 1Q20 (vs €342m loss in 1Q19) on 18% lower revenues; traffic fell 26.1%. It parked 700 of its 763 aircraft due to

AEROCENTURY lost $10.2m in 1Q20 (vs $1.3m loss in 1Q19) on 37% lower revenues; it has 13 aircraft. It says some of its eight customers (in six

BAIN CAPITAL and CYRUS CAPITAL PARTNERS have been shortlisted as preferred bidders for VIRGIN AUSTRALIA after Administrators (Deloitte Australia)

The airline industry has produced almost exclusively bad news ever since the coronavirus pandemic began to have an impact on the industry globally in early March.

The global air freight market plummeted by 27.7% in April compared to the same period in 2019, as the full effect of the COVID-19 pandemic was felt around the world.

Indian carrier IndiGo slipped to a net loss in the first quarter of the year, largely due to plummeting demand caused by the COVID-19 crisis coupled with travel restrictions.

Welcome to Routes’ look at how the European aviation market is recovering from the COVID-19 pandemic.

Airbus Helicopters has delivered its first helicopters using an electronic-delivery process negating the need for the customer to travel to collect the aircraft in light of the travel restrictions caused by the novel coronavirus pandemic.

Routes’ latest Europe market round-up, featuring new route launches, capacity changes and news.

KLM plans to further expand its European and intercontinental flying in the coming months, restoring connectivity to 78% of the destinations it originally intended to serve this summer.

Leisure demand can boost Oakland International after American Airlines’ exit.

SINGAPORE—Singapore Airlines (SIA) has increased its capacity by 2% for June and July compared to May, albeit a 94% reduction of its schedule planned before COVID-19 hit.

EasyJet has said it will have resumed flights to almost three-quarters of its route network by the end of August as London City Airport (LCY) said separately that it would reopen at the end of June as COVID-19 lockdowns are lifted.

FRANKFURT—TUI Group has reached an agreement with Boeing over compensation for delayed 737 MAX deliveries and a new schedule that will see the airline take outstanding deliveries much later.

Newly nationalized Alitalia will have to navigate an even tougher air transport landscape than before the coronavirus crisis.

While most large U.S. carriers plan to be 20-30% smaller by year end, Southwest Airlines is bucking the trend.