- Air New Zealand Withdraws 2020 Earnings Guidance Due to Coronavirus Impact[Mar. 09, 2020]
Air New Zealand on Monday withdrew its full-year earnings guidance, froze hiring, offered unpaid leave to staff and said it would cut more capacity because of increased uncertainty over the duration and scale of the coronavirus outbreak.
- The Fate of Airline Fare Deals During the Coronavirus Crisis[Mar. 08, 2020]
As the coronavirus scare barrels through the travel industry, forcing cancellations of business trips, meetings, events, and vacations, demand for air travel has taken a nose dive.
- Delta Airlines Just Suspended Some Flights to Rome[Mar. 09, 2020]
If you had any plans on going to Rome, or flying Delta Airlines to Rome from their hub in Atlanta, you have 48 hours to board.
- COVID-19 Hits January Passenger Demand[Mar. 07, 2020]
The International Air Transport Association (IATA) announced global passenger traffic data for January 2020 showing that demand (measured in total revenue passenger kilometers or RPKs) climbed 2.4% compared to January 2019. This was down from 4.6% year-over-year growth for the prior month and is the lowest monthly increase since April 2010, at the time of the volcanic ash cloud crisis in Europe that led to massive airspace closures and flight cancellations. January capacity (available seat kilometers or ASKs) increased by 1.7%. Load factor climbed 0.6 percentage point to 80.3%.
- Airlines Rush to Boost Demand As Coronavirus Shreds Playbook for Crisis Management[Mar. 04, 2020]
The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict hit travel destinations: lower fares and redirect flights to trouble-free areas.
- Portugal's TAP Cancels 1,000 Flights in March-April As Coronavirus Hits Demand[Mar. 06, 2020]
Portugal's flag carrier TAP canceled around 1,000 flights scheduled in March and April on Thursday after concerns about the coronavirus epidemic led to a fall in demand and said it envisaged an unspecified impact on revenues.
- Airlines Face US$100 Billion-Plus Virus Hit, Discounts 'Wouldn't Do Any Good'[Mar. 05, 2020]
The coronavirus epidemic could rob passenger airlines of up to US$113 billion in revenue this year, an industry body warned on Thursday, while the head of Southwest Airlines said a drastic drop-off in travel demand seemed fear-driven, similar to the feeling after Sept. 11, 2001.
- Qantas Cancels More International Flights As Coronavirus Spreads Rapidly[Mar. 06, 2020]
Qantas Airways Ltd said on Friday it would cut more international capacity this month as it grapples with falling demand due to an escalation in the coronavirus outbreak in countries beyond China.
- Carriers Restart Some Suspended Flights as COVID-19 Slows Down[Mar. 05, 2020]
Chinese carriers have started resuming some of their domestic and international services that were suspended due to the novel coronavirus outbreak, while several global airlines have expressed optimism that the aviation market will see a strong rebound after the country brings the epidemic under control.
- United Airlines, JetBlue Cut Flights, Spending As Coronavirus Hits Demand[Mar. 05, 2020]
United Airlines Holdings Inc and JetBlue Airways Corp are cutting flights and implementing cost controls in the most drastic actions by U.S. airlines to get ahead of depressed travel demand due to the spreading coronavirus.