- Airbus Puts off Planned Ramp-up of A220 Jet[Apr. 16, 2020]
Airbus SE is delaying its planned Canadian production ramp-up of its A220 jet by a year, a company spokeswoman said on Wednesday, as the coronavirus outbreak weighs on broader airline demand for aircraft.
- Norwegian Air Shares Plummet As Survival Hinges on Creditors[Apr. 14, 2020]
Norwegian Air shares plummeted again on Tuesday, and are now trading down around 97% from their 2015 peak, with the airline's survival depending on creditors accepting a rescue plan proposed last week.
- South African Government Won't Give SAA More Funds - Rescue Team[Apr. 15, 2020]
The South African government told specialists appointed to try to save South African Airways (SAA) that it was not able to give additional funds for rescue efforts, the specialists said on Tuesday.
- Airlines Mull Empty Seats and Masks for Coronavirus Recovery[Apr. 15, 2020]
Wizz Air is making plans to fly jets only two-thirds full to allow more space between passengers, it said on Tuesday, as airlines voiced concerns that anti-coronavirus measures could blight their profitability long after travel restrictions end.
- Chinese Airlines Report US$4.8 Billion Loss in First Quarter As Virus Erodes Travel Demand[Apr. 15, 2020]
Chinese airlines reported a total loss of 33.62 billion yuan (US$4.8 billion) in the first quarter as the coronavirus pandemic hit travel demand, the aviation regulator said on Wednesday.
- Global Airlines' Estimated Coronavirus Losses Rise to US$314 Billion: IATA[Apr. 15, 2020]
Estimated global airline losses from the coronavirus pandemic have climbed to $314 billion, 25% more than previously forecast, owing to the severity of the economic downturn and a slower than previously expected reopening of international routes.
- Boeing 737 MAX Cancellations Pile Up During Production Halt[Apr. 14, 2020]
Boeing Co on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet.
- Delta Working with Airbus on Order Book after Deferring A350 Orders Linked to Latam[Apr. 14, 2020]
Delta Air Lines Inc confirmed on Tuesday it had taken over an order for 10 Airbus A350 jets from Latam Airlines Group, but said it had deferred several of the near-term deliveries and was working with Airbus on options across its entire order book.
- Major U.S. Airlines Accept Government Aid for Payrolls; American and Alaska Also Seeking Loans[Apr. 15, 2020]
The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a US$25 billion rescue package, ensuring airline workers have jobs until October while the industry battles its biggest-ever crisis.
- Post-Epidemic: Analysis of Global Airlines Restoration from China's Route Performance[Apr. 14, 2020]
Highlights