All Coronavirus articles – Page 46
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NewsAeromexico says it will not file for bankruptcy, despite lack of liquidity
Mexican flag carrier Aeromexico says it has no plans to file for bankruptcy, but that it is “evaluating alternatives to move towards a better financial position” after the global coronavirus pandemic decimated its liquidity.
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Airline BusinessAsia airline task forces grapple with new realities
Airlines in the Asia-Pacific have convened high-level task forces to deal with the coronavirus crisis and the changes necessary for a resumption of air travel. While air travel has resumed in several of Asia-Pacific’s domestic markets — namely Australia, South Korea, China, Vietnam, India, and Indonesia — regional and international ...
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NewsTextron Aviation parent to eliminate 1,950 jobs
Textron Inc., the parent company of the Wichita-based airframer Textron Aviation and helicopter manufacturer Bell, says it is eliminating 1,950 jobs as part of a restructuring programme made necessary by the effects of the global coronavirus pandemic.
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NewsFAA plans to extend medical certificate exception for pilots
The Federal Aviation Administration will likely extend its medical certificate exception for an unspecificed amount of time, after coronavirus lockdown orders made it almost impossible for pilots to remain legally permitted to fly.
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NewsBusiness and general aviation leaders optimistic about rebound
Leaders in business and general aviation are cautiously optimistic that their slice of the industry will return to normal operations after the coronavirus pandemic more quickly than airlines, though economic uncertainty remains a dark and incalculable cloud.
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NewsAirline unions ask US lawmakers for more payroll money
The largest US pilots’ union has joined an effort to lobby lawmakers to provide more financial support to aviation workers affected by the airline industry downturn.
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Airline BusinessVideo interview with Qatar's Al Baker on how the airline is handling Covid crisis
In an in-depth and exclusive discussion with FlightGlobal, Akbar Al Baker, chief executive of Qatar Airways Group, explains how the coronavirus pandemic has affected his airline.
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Airline BusinessIndiGo gains momentum with India domestic opening
Indian low-cost carrier IndiGo is steadily building back its passenger business after nearly two months on the ground amid the coronavirus pandemic.
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NewsGMF AeroAsia flags up to 50% revenue loss from pandemic
Indonesian MRO GMF AeroAsia is anticipating a revenue loss of between 25 to 50% for the quarter ended 31 March, as it outlines the impact the coronavirus outbreak has had on its operations. The MRO arm of Garuda Indonesia says that it expects a 75% year-on-year fall in net ...
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NewsAir New Zealand flags $77 million full-year underlying loss
Air New Zealand expects to report an underlying loss of up to NZ$120 million ($77 million) for the financial year (FY) ending 30 June. “The New Zealand government’s recent move to Alert Level 1 has enabled the airline to slowly restart the domestic network, however revenue and earnings are significantly ...
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NewsALTA Leaders’ Forum postponed to 2021
The annual Latin American and Caribbean Air Transport Association (ALTA) Airline Leaders’ Forum, one of the premier events for Latin American aviation, has become the latest industry event to fall victim of the coronavirus pandemic.
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NewsActive mainline fleet over takes idle tally as recovery picks up
The recovery of the active mainline jet passenger fleet is strengthening as the number of aircraft in storage worldwide has now dropped below that of those that are flying for the first time since March.
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NewsChinese carriers slash Beijing flights after coronavirus spike
Chinese carriers have begun suspending flights to and from Beijing, following a rise in a number of new coronavirus cases in the Chinese capital. Among carriers suspending flights in and out of the city is Beijing-based Air China, which in a 17 June notice indicated “large-scale” cancellations. As ...
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NewsUSA eases ban on Chinese carriers
The US Department of Transport (DOT) has backed down from an earlier ban on Chinese carriers, allowing them to fly up to four weekly flights between Mainland China and the USA. The move comes after the Civil Aviation Administration of China (CAAC) eased international flight restrictions further on 8 ...
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AnalysisAssessing government support for Asia-Pacific carriers
When it announced a HK$39 billion ($5 billion) recapitalisation on 9 June, Cathay Pacific joined a growing list of Asia-Pacific airlines that have received government support amid the coronavirus crisis. The region appears to have learnt from its experience with SARS in 2003. Governments have responded quickly to Covid-19, jumping ...
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NewsUS airlines strengthen anti-coronavirus measures to inspire traveller confidence
As shelter-in-place orders are lifted across the United States, airlines are hoping to inspire traveller confidence by imposing stronger sanctions against passengers who refuse to wear face coverings on board their aircraft.
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NewsSingapore puts pause on Changi airport Terminal 5 project
Singapore Changi Airport’s mega Terminal 5 project will be pushed back by at least two years, with a possible redesign in the works, amid uncertainty over the pace at which air travel demand will recover from the coronavirus outbreak.
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NewsChina’s ‘big three’ carriers see leap in May passenger numbers
China’s three largest carriers carried more passengers across their networks in May — the first month-on-month increase since the start of the year, when the coronavirus outbreak pummelled travel demand. Domestic passengers made up the lion’s share of the number of passengers carried, as the outbreak showed signs of ...
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InterviewGAMECO chief highlights stability in a challenging environment
Despite uncertainty in post-pandemic recovery, Guangzhou-based MRO GAMECO is taking it in its stride. FlightGlobal speaks to GAMECO chief Norbert Marx to find out how the MRO has coped with the onset of the pandemic, and how it plans to emerge stronger.
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NewsEmbraer secures $600m to shore up its finances
Brazilian aircraft manufacturer Embraer says it secured $600 million in export financing and loans to shore up its liquidity position as it deals with the fallout of the coronavirus crisis and the scuppered tie-up with Boeing.