All Coronavirus articles – Page 77
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NewsBrussels Airlines to shut down for a month
Brussels Airlines has become the latest carrier to shut down services in the wake of the coronavirus outbreak, suspending all scheduled flights for a month. It says the services will be gradually wound down and then halted on 21 March and will not restart until 20 April. “We need to ...
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NewsSwiss bolsters senior management to face coronavirus fallout
Swiss has shored up its management teams in order to provide greater corporate stability as the Lufthansa Group carrier deals with the consequences of the coronavirus outbreak. It has installed Markus Binkert as its chief financial officer – a position which had been left vacant – and appointed Thomas Frick ...
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NewsAlitalia to be renationalised under broad emergency decree
Italy’s government has indicated that it will renationalise struggling flag-carrier Alitalia as part of a broad set of emergency measures in response to the coronavirus outbreak. The government says, in a decree published on 16 March, that the epidemic is being formally recognised as a “natural disaster and exceptional event”. ...
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NewsLauda halts all flights until 8 April
Ryanair’s Austrian subsidiary Lauda has suspended all flights until 8 April. The Vienna-based airline has been serving more than 100 destinations across some 30 European countries and has stations in German cities Dusseldorf, Stuttgart, Spanish island Majorca, and Croatian city Zadar. Source: Lauda Cirium fleets data shows ...
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NewsOutbreak halts talks on London Southend stake sale
London Southend airport operator Stobart Group has disclosed that it has been negotiating sale of a minority share in the airport, but that discussions have been suspended as a result of the coronavirus uncertainty. The discussions had signalled a value for the airport of £700-800 million, says the company, referring ...
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NewsAirbus halting French and Spanish production for four days
Airbus is to halt production across its French and Spanish facilities for four days to give the company time to implement strict hygiene measures in response to the coronavirus outbreak. The airframer says the decision follows introduction of new procedures in both countries intended to contain the illness. Airbus says ...
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NewsMalaysia lockdown curtails regional air travel
Travel restrictions are closing in on Southeast Asia, as Malaysia imposes a partial lockdown after seeing a recent spike in coronavirus cases. From 18 to 31 March, citizens are restricted from leaving the country, while foreign visitors and tourists will be denied entry. Nearly all business, government offices and schools ...
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NewsAir NZ cuts trans-Tasman capacity by 80%
Air New Zealand is making cuts to its trans-Tasman network that will reduce capacity by 80%, starting from 30 March to 30 June. The changes are a result of the impact of the coronavirus outbreak on travel demand, the carrier says. Carriers flying trans-Tasman routes, February 2020 ...
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NewsCoronavirus costs Cathay HK$2 billion in February
Cathay Pacific made an unaudited loss of more than HK$2 billion ($257 million) in February, as it takes a hit from the coronavirus outbreak. Meanwhile, Singapore Airlines saw falling passenger numbers for the month, and warns of weakened travel demand in the near term.
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NewsQantas to ground nearly entire widebody fleet, cut capacity further
Australia’s Qantas Group will ground 150 aircraft — including “almost all” of its widebody fleet —amid deeper capacity cuts across both its international and domestic networks.
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AnalysisPandemic heaps fresh pressure on Boeing as 737 Max grounding continues
The coronavirus pandemic, combined with the 737 Max grounding, could leave Boeing facing challenges more significant than it has experienced in perhaps 50 years, say some aerospace analysts.
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NewsIATA: ‘urgent measures’ needed to support air cargo
The International Air Transport Association (IATA) has appealed to governments to take “urgent measures” to support cargo operations, which is instrumental to transport essential medical supplies and keep the economy functioning as airlines cut passenger service up to 75%.
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NewsTrump promises to ‘help’ US airlines
US president Donald Trump says the government will back airlines as they struggle to manage the fallout from the global coronavirus pandemic.
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NewsUS airlines ask for $50 billion in government aid
US airlines are seeking at least $50 billion in aid to support them as they manage through the coronavirus crisis that has caused a sharp drop in demand, leading to mounting losses for an industry accustomed to years of progressive profit growth.
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NewsAir Canada to request government help
Air Canada says it is retracting its financial guidance and cutting its operations as the global coronavirus pandemic hits the airlines, while asking the Canadian government to help with the financial losses it expects to suffer in the coming months.
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Airline BusinessHow coronavirus could impact airliner fleets across the globe
Worldwide fleet comprises over 25,000 aircraft, but what could effect be across regions?
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NewsPilots and United to ask for ‘government assistance’: Pilots union
United Airlines will ask the US government to help airlines as they suffer deep losses following the drop-off in demand as the coronavirus engulfs the industry.
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NewsEU plans 30-day travel ban and state aid framework
European Commission president Ursula von der Leyen has unveiled proposals for a 30-day restriction of travel to the European Union, as well as development of a framework for state aid to affected businesses. Von der Leyen says EU member states have been taking measures intended to reduce pressure on the ...
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NewsNorwegian to cancel 85% of flights and temporarily lay-off 90% of staff
Norwegian is suspending a big majority of its services and laying off 7,300 employees as it seeks to weather the coronavirus outbreak. “The Covid-19 situation is escalating by the hour and due to stagnating demand and enforced travel restrictions by authorities worldwide, Norwegian will gradually cancel most of its flights ...
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Airline BusinessEurope’s carriers lurch into full crisis-mode as capacity slashed
From the moment the World Health Organisation (WHO) director-general Tedros Adhanom Ghebreyesus on 13 March stated that Europe was now the epicentre of the coronavirus pandemic, further drastic cuts to air travel in the region seemed an inevitability.