Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus air travel downturn, and held out against offering refunds to passengers as cash runs out.

Alaska's North Slope Borough government has moved to seize the assets of RavnAir Group after it declared bankruptcy due to the coronavirus, aiming to protect its region's air service but also setting up a potential legal battle with the airline's lender.

Boeing said Thursday it will offer voluntary buyouts to its 160,000 employees as the aircraft manufacturer struggles to cut expenses amid the worldwide economic slowdown caused by the coronavirus pandemic.

Following the directive issued by the National Emergency Crisis and Disaster Management Authority, and the General Civil Aviation Authority (GCAA) of the United Arab Emirates to temporarily suspend all passenger services to and from the UAE, Etihad Cargo continues to play a vital role in connecting key cargo markets and ensuring the UAE's import and export needs are adequately covered in line with current demand.

Part-out activity has commenced this month in Marana, Arizona for two A319-132 airframes recently acquired by APOC Aviation. MSN 1758 and 1790 were formerly operated by Air Macau and the parts are expected to arrive into APOC's stock during April/May.

Air Canada said on Monday it will cut second quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers as the coronavirus pandemic takes a toll on global travel and aviation.

International carriers remain bullish on long-term prospects in China even as the aviation sector reels from a flurry of cancellations and groundings as nations scramble to halt the spread of the COVID-19 epidemic.

China's courier giants Yunda Express, STO Express and YTO Express reported sharp drops in Feb 2020 earnings, according to their announcements on Key Operating Data Feb 2020 released respectively on March 19.

Due to the spread of the COVID-19 novel coronavirus and its continuing impact on air travel services globally, Etihad Airways continues to follow UAE and international government and regulatory authority directives and has implemented a series of consolidated network changes. This is also being carried out for the safety and convenience of its customers and staff, and to minimise operational disruption during this period. The following services from Abu Dhabi have been temporarily adjusted:

BOC Aviation Limited ("BOC Aviation" or the "Company") is pleased to announce that it has signed a purchase-and-leaseback agreement with Cathay Pacific ("Cathay") for six Boeing 777-300ER aircraft. All six aircraft will be placed on long-term leases with Cathay.