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 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 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.

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.

Highlights

Brussels Airlines, a Lufthansa subsidiary, will receive state aid, its president Etienne Davignon told Belgian newspaper La Libre Belgique as airlines around the world face their biggest peacetime crisis due to the coronavirus pandemic.

Wuhan Tianhe Airport saw 11,714 passenger trips on the first day of resumption on Wednesday, according to the Civil Aviation Administration of China.

China has been enacting a slew of measures to establish a green channel to facilitate air cargo transportation as the novel coronavirus pandemic cripples the global supply chain, according to the country's top aviation regulator.

United Arab Emirates airline flydubai will resume regular operations when the time is right and for the time being will continue to operate flights for repatriation purposes, its chief commercial officer said on Thursday.

Ryanair unit Lauda on Thursday urged the Austrian government not to grant Lufthansa's subsidiary Austrian Airlines state aid to help weather the coronavirus outbreak, saying Austrian taxpayers should not subsidise a German company.