COVID-19

BOEING COMMERCIAL AIRPLANES reported drop in operating margins to -33% in 1Q20 due to lower deliveries, $797m of abnormal production costs from

US BUREAU OF ECONOMIC ANALYSIS is estimating that US GDP decreased at an annual rate of 4.8% in 1Q20.

BOEING announced plan to cut employment by about 10% companywide through voluntary layoffs (VLO), natural turnover and involuntary layoffs as

AIRBUS posted €481m net loss for 1Q20 (vs €40m net profit in 1Q19) on 15% lower consolidated revenues; Airbus (commercial aircraft) revenues dropped

BOEING posted $641m net loss for 1Q20 (vs $2.1b net profit in 1Q19) on 26% lower revenues (48% lower Commercial Airplane revenues). It is reducing 787

AAPA reports year-over-year member traffic declined 70.7% in March on 55.6% lower capacity; cargo traffic fell 21.1%.

IATA reports year-over-year global pax traffic dropped 52.9% in March on 36.2% lower capacity; cargo traffic fell 15.2%.

Sweden’s Saab has delivered the first GlobalEye swing-role surveillance platform to the United Arab Emirates Air Force.

As airlines and airports around the world respond to the challenges created by the COVID-19 pandemic, Routes looks at the current state of the global aviation market.

Icelandair has announced plans to lay off 2,000 staff across the company as a consequence of the COVID-19 crisis.

The LCC does not see a return to normalcy for air traffic demand in the foreseeable future.

How airlines around the world are responding to the COVID-19 pandemic.

Argentina’s government has been urged to reconsider proposals to ban all internal and international commercial flights until Sept. 1.

French carrier Air Caraïbes is pushing ahead with plans to launch a new route to Mexico in October.

Welcome to Routes’ weekly look at how Europe's aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

Routes' weekly update on how airlines and airports across Europe are responding to the COVID-19 pandemic.

China’s first private regional airline China Express Airlines doubled its full-year net profit in 2019, citing strong demand for domestic travel between third- and fourth-tier cities.

Prospects for the survival of South African regional carrier SA Express appear less likely after officials charged with resurrecting the cash-strapped airline applied for it to be put into liquidation.

IATA has appointed Sebastian Mikosz as SVP for member and external relations at a time when the organization is striving to support airlines and restore confidence so that aviation can restart.

Airbus will not decide on further changes to its production rates before June and any potential adaptations will be “on a smaller scale” than previous cuts, Airbus CEO Guillaume Faury said April 29.

A change in repair service priorities during the downturn could benefit lessors.

Southwest Airlines remains committed to the Boeing 737 MAX but will stretch out planned deliveries and accelerate retirements of an undetermined

LONDON—British Airways (BA) has formally notified its trade unions of plans for a major restructuring and redundancy program as a result of the COVID

BOMBARDIER plans May 11 to restart aviation/train production in Canada with gradual return-to-work of 11,000 employees.

FORWARDKEYS reports year-over-year pax traffic decline of 50% between January 1 and April 19; Asia Pacific is down 56.1%.