China has greatly enhanced its international air freight capacity to ensure the smooth running of the supply chain amid the ongoing novel coronavirus pandemic, according to the country's top aviation regulator.

Shanghai Hongqiao International Airport and Haikou Meilan International Airport both achieved a five-star standard in China, while Beijing Daxing International Airport, as well as another nine airports, received four stars, according to the 2020 Airport Rating by Skytrax, the London-based research agency in the air transport industry.

Tibet Airlines will launch 18 new air routes on May 3 to provide more convenient travel services to Tibet autonomous region, Tibet Daily reported.

The newly-built Beijing Daxing International Airport has seen more flights move there from the Beijing Capital International Airport.

The European Travel Commission (ETC), a European tourism organization, has said that the European tourism sector needs 375 billion euros to recover from the crisis generated by the COVID-19 pandemic and to restore operations, Portuguese Lusa News Agency reported on Sunday.

China Development Bank (CDB) Financial Leasing Co said Monday it canceled an order for 29 Boeing 737 MAX jets, dealing another blow to the US giant and its stock.

El Al Israel Airlines said it is in advanced talks with an Israeli bank to receive a loan that will be partly backed by government guarantees.

Virgin Australia Holdings Ltd on Tuesday succumbed to third-party led restructuring that could lead to a sale, making Australia's second-biggest airline the Asia-Pacific region's biggest victim of the coronavirus crisis gripping the industry.

Aeroflot has suspended ticket sales for all international flights departing before August, as Russia's coronavirus cases continue to rise at one of the fastest rates in the world.

VariFlight predicts that U.S. will meet its coronavirus turning point in late April, while its domestic aviation market will gradually recover from the beginning of May. Meanwhile, European countries may heralds a longer restoration period due to the higher reliance on international networks.