All Coronavirus articles – Page 73
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NewsS&P cuts European airlines’ credit ratings
S&P Global has lowered its ratings for EasyJet, Ryanair, Lufthansa, IAG, British Airways, Air Baltic, Turkish Airlines and SAS, and placed them on alert for further downgrades as the coronavirus hurts their liquidity positions. “The pandemic materially threatens the credit quality of European airlines and poses serious challenges for the ...
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NewsCoronavirus prompts overnight closures of New York air traffic control sites
The coronavirus pandemic continues disrupting US air traffic control, with the Federal Aviation Administration temporarily shutting the New York Air Route Traffic Control Center and New York LaGuardia airport’s control tower, citing infections.
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NewsA330-800 test aircraft deployed to transport coronavirus supplies
Airbus has been deploying an A330-800 test aircraft to assist with coronavirus protection measures, using it to transport some 2 million masks from Tianjin in China to Europe, where they will be distributed to French and Spanish authorities. The airframer disclosed the measure as it prepares to restart – at ...
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NewsLargest A380 operator Emirates suspends most passenger services
Middle Eastern carrier Emirates is suspending most of its passenger operations from 25 March, but intends to continue freight services. Emirates has the world’s largest Airbus A380 and Boeing 777 fleets, and has been trying to maintain passenger flights for as long as it could, in order to ease passengers’ ...
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NewsAirline CEOs promise no furloughs if aid flows quickly
US airline chief executives have told Congress that government aid must flow quickly to avoid mass layoffs and furloughs as a result of the coronavirus pandemic, while promising to limit executive pay and stop share buyback programs.
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Airline BusinessWeek of 16 March in review: North American carriers reel from coronavirus fallout
The aviation and aerospace industry in North America experienced the most dramatic week since the days and weeks following the terrorist attacks of 11 September 2001.
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NewsBoeing executives to give up all pay
Boeing announced several extraordinary measures to help the company through the coronavirus crisis which has left the entire aerospace industry reeling.
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NewsTrump suggests airline aid package could restrict stock buybacks
President Donald Trump supports imposing stock buyback restrictions on companies that receive financial aid as part of the federal government’s coronavirus recovery package.
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NewsBrandenburg operator discusses financial aid but opening stays firm
Berlin airports operator FBB is insisting that the new Brandenburg hub will open on time, even if the coronavirus crisis disrupts trial runs prior to the inauguration. The operator says the 31 October opening date will be “strictly adhered to”, but it acknowledges that there are aspects of the testing ...
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NewsAir Canada temporarily lays off 5,100 cabin crew: union
Air Canada is reportedly temporarily laying off 5,100 cabin crew as the coronavirus hits its business, forcing it to ground aircraft and take significant capacity out of its network.
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NewsLongview halts production of Q400s and Twin Otters
Longview Aviation Capital’s subsidiaries will suspend production of De Havilland Aircraft of Canada’s Dash 8-400 turboprop and Viking Air’s DHC-6-400 Twin Otter turboprop in response to the coronavirus crisis.
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NewsEuropean flight activity halves under coronavirus onslaught
Flight activity in European airspace has deteriorated by more than 50% compared with the same point last year, the latest data from air navigation organisation Eurocontrol reveals. The average daily number of flights for March 2019 reached 27,362. But the daily figure sank below the halfway point on 18 March ...
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NewsFAA staff at JFK and Indianapolis test positive for coronavirus, prompting contingency operations
Federal Aviation Administration employees who work at an Indianapolis air traffic control center and the tower at John F Kennedy airport in New York have tested positive for coronavirus.
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NewsSpain’s Volotea grounds fleet until 8 April
Volotea has announced the temporary grounding of its entire fleet until at least 8 April, sending home 1,100 of its employees in Spain, France and Italy over this period.
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NewsSouth African Airways suspends all international services
South African Airways is immediately cancelling all international services until the end of May.
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Airline BusinessWhich European carriers are suspending all flights because of coronavirus
European carriers have over the past week been announcing increasingly large cuts to their services, as country’s tighten their border controls. A number have called a halt to flights altogether for the coming weeks - or will just operate a few flights to accomodate returning nationals
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OpinionBoeing is too big to fail, but any rescue will be conditional
Eleven years after the end of the 2007-2009 Great Recession, the USA is again having “too big to fail” discussions, with the airframer at their centre.
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NewsGovernments could offer certainty by taking Airbus deliveries: research note
Governments should buy up to 600 aircraft from Airbus over the next three years, as a measure to sustain the airline and aerospace industries, according to a research note from US financial services firm Jefferies Group. Airbus deliveries might fall to some 600 aircraft per year – compared with 863 ...
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NewsLondon Heathrow operations to ‘shrink’ during outbreak
London Heathrow is to restructure and “shrink” the hub’s operations while the coronavirus situation persists, the airport’s operator has advised. The airport will remain open, enabling vital freight services – as well as a limited number of passenger services – to continue. But the operator warns that its financial performance ...
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NewsLuxair to suspend flights from 23 March
Luxair has become the latest European carrier to announce it will temporarily suspend flights, calling a halt to its operations from 23 March.