All Networks articles – Page 105
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Airline BusinessGovernments face ‘moral hazard’ in deciding to help airlines: analyst
Governments across the world face a ‘moral hazard’ when it comes to supporting airlines through the coronavirus crisis, as they seek to ensure any investment benefits the citizens of their respective countries, according to CTAIRA analyst Chris Tarry.
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NewsTigerair Australia grounded as parent Virgin cuts more capacity
Tigerair Australia has suspended all operations from 25 March, as part of deeper capacity cuts by its parent Virgin Australia. On its website, the low-cost carrier cited “expanded travel restrictions imposed by the federal and state governments and territories” as the reason behind its grounding. Virgin Australia says in a ...
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NewsAir New Zealand focuses on cargo
Air New Zealand is ramping up cargo operations to “keep Kiwi businesses connected to the world” while working with the government to maintain critical cargo flow. General manager cargo, Rick Nelson, says: “With our Boeing 787-9 Dreamliner aircraft for example, we have the ability to uplift 11 cargo pallets in ...
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NewsLondon City airport to close until end of April
London City airport is to close for all flights from this evening until the end of April.
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NewsEtihad to deploy 787 passenger aircraft on cargo network
Gulf carrier Etihad Airways is to redeploy some of its Boeing 787-10s as passenger freighters following the temporary suspension of scheduled services in the United Arab Emirates, as it seeks to meet a related spike in air cargo demand.
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PodcastAirline Business podcast: Latest IATA impact assessment plus Asia-Pacific focus
Graham and Lewis talk through the latest figures and thoughts from IATA as airlines across the world ground their fleets in response to the coronavirus outbreak.
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Airline BusinessAirline coronavirus story could go from ‘Apocalypse Now’ to ‘The Big Short’
When IATA outled its latest estimates for the impact of coronavirus on the airline industry on 24 March, the urgency of the situation was front and centre of its messaging.
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NewsAir New Zealand limits service to essential travel and cargo
Air New Zealand will operate limited services to enable essential travel and maintain cargo flow, even as it cuts international schedules by 95% from 30 March to 31 May. This will “keep air freight moving through key cargo corridors to North America and Asia,” it says. The ...
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NewsThai Airways suspends overseas flights
Thai Airways International is moving to suspend international flights, as Thailand prepares to implement a state of emergency on 26 March to stem the coronavirus outbreak. The carrier says the outbreak has seen “no sign of relief” and that the situation in Europe and elsewhere is getting “even more severe”, ...
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NewsBeijing moves to beef up air cargo capacity
Beijing will take steps to bolster domestic and international air cargo capacity amid the global coronavirus pandemic, including support for air freight companies and logistics firms. The official China Daily newspaper quotes premier Li Keqiaing as stating that the massive reduction in global air traffic has created issues for supply ...
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NewsAvianca ceases domestic flights through mid-April
Avianca has suspended domestic flights through at least 12 April, citing the Colombian federal government’s closing of the country’s airspace, which commences 25 March.
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NewsAzul expands April capacity cuts to 90%
Brazilian low-cost carrier Azul has cut its planned capacity through 30 April by 90%.
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NewsBrazil’s Gol down to 50 daily domestic flights
Gol has dropped its domestic capacity in Brazil by 92% and its international capacity by 100% through early May in response to falling demand during the coronavirus pandemic.
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NewsChina’s domestic airline market 'may be at turning point': IATA
China’s domestic passenger airline market is showing signs of improvement as the country’s coronavirus restrictions are lifted, according to IATA.
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NewsAirline passenger revenues to fall $252 billion in 2020 amid coronavirus: IATA
IATA now expects the coronavirus outbreak to reduce airline revenues from passenger operations by $252 billion in 2020 – more than double its earlier worst-case-scenario estimate.
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NewsUnited reinstates some flights to Europe, Asia
United has stepped back from its plans to cut 95% of its capacity and leave just a skeleton network in place through the coronavirus crisis, now reinstating some daily international routes to Europe, Asia and Australia, while running a few additional flights between now and the end of March to repatriate displaced travelers.
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NewsAir Canada to reinstate some international routes to repatriate citizens
Air Canada will reinstate some international connections in an effort to repatriate citizens who have become stranded overseas as a result of the global coronavirus pandemic.
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Airline BusinessWizz warns full grounding a ‘distinct possibility’ as low-cost carriers pare back
Central European budget carrier Wizz Air has warned the grounding of its full fleet remains “a distinct possibility” as it has now reduced its operations to around 15% of its planned capacity.
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NewsIndia to halt all domestic passenger flights from 25 March
India will suspend all domestic passenger flights from 25 March in an effort to reduce the spread of the coronavirus in the country.
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NewsSIA grounds almost entire fleet in ‘greatest challenge’ ever
Singapore Airlines will slash schedules and ground almost all aircraft, as the coronavirus pandemic presents “the greatest challenge that the SIA Group has faced in its existence”. Due to the further tightening of border controls globally, SIA will cut 96% of scheduled capacity until end-April and ground 138 of 147 ...