All coronavirus news – Page 70
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NewsUS Senate approves economic aid, bill moves to House
The US Senate passed an economic stimulus bill that is designed to support industry and workers after the global coronavirus crisis exploded, and ravaged the economy in the past three weeks.
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NewsSafran reinforces finances as outbreak exacerbates Max misery
French aerospace firm Safran has enhanced, in the wake of the coronavirus crisis, measures it had already been implementing in response to the grounding of the Boeing 737 Max. Safran’s activities include production of the CFM International Leap-1B engines for the Max as well as the Leap-1A powerplants for the ...
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NewsEl Al awaits state funding decision after halting passenger flights
Israeli flag-carrier El Al has opted to suspend all remaining passenger flights, as it awaits potential government financial support. El Al says the suspension, on 26 March, will continue until 4 April. It will continue to provide rescue and repatriation services as well as freight flights, some of which will ...
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In depthSpirit AeroSystems targets year-end opening of Scotland wing development site
Spirit AeroSystems expects by year-end to open a new facility in Prestwick, Scotland where it will research and develop manufacturing and production technologies aimed at helping the company land contracts to supply Airbus’ next single-aisle aircraft programme.
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In depthCash reserves give Boeing 10 months of breathing room, analysts suggest
Boeing should have sufficient liquidity to keep operating for eight to 10 months, possibly longer, according to analysts, despite speculation about its financial condition based on recent calls for $60 billion in government aid for the US aerospace industry.
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OpinionIATA is not crying wolf with airline ‘apocalypse’ warning
It is a mark of how quickly the global coronavirus crisis has escalated that when IATA describes the airline sector as being in an “apocalypse now” scenario, no-one is accusing the industry association of hyperbole.
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NewsParis Orly to shut as European airports gradually quieten
European air traffic data shows that the coronavirus outbreak has effectively set the continent’s airspace back by more than a quarter of a century, to flight levels not experienced since the early 1990s. Statistics from pan-European air navigation organisation have already shown that daily flight totals have more than halved, ...
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NewsAirbus temporarily cuts wing production at UK and German sites
Airbus is to roll back wing production at its UK and German plants, to bring wing supply into line with demand at its final assembly lines. Production at its UK wing sites at Broughton and Filton, as well as its high-lift operation in Bremen, will be reduced for three weeks, ...
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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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NewsSingapore Airlines and SilkAir pilots put on leave without pay
Singapore Airlines has asked its pilots to take unpaid leave for up to seven days each month, starting 1 April. The airline tells Cirium this applies to pilots with the mainline carrier and regional carrier SilkAir, and the measures will be in place “until the business recovers”. It adds: “We ...
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NewsAmericas 25 March in review: US Congress debates aid bill
As the US Congress debated a government assistance bill that would help the aviation and aerospace industry weather the financial storm of the coronavirus crisis, the Pentagon warned that the current pandemic could lead to geopolitical instability.
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NewsEmbraer manufactures ventilator parts
Brazilian aircraft-maker Embraer has begun manufacturing parts for ventilators in an effort to support the country’s medical industry as the coronavirus pandemic grips all corners of the globe.
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NewsUS Senate bill would offer $78b in aid to airlines, workers, contractors
A government aid package currently making its way through the US Congress calls for loans and payroll support for airlines and aviation industry workers of $78 billion altogether, but links the assistance to strict conditions regarding executive pay, stock buybacks, dividends and requirements to maintain employee levels through the third quarter of the year.
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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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Airline BusinessIndiGo has most new aircraft at risk among Indian carriers
IndiGo has, among compatriot airlines, the highest number of new aircraft deliveries at risk as India began a three-week lockdown today.
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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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NewsCargo carriers see surging freighter demand as bellyhold capacity falls
IATA has highlighted “record levels” of freighter demand amid a fall in passenger flights that has reduced global air cargo capacity by around 30%.
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NewsA320neo overbooking will help steer Airbus through crisis: Faury
Airbus believes its policy of overbooking orders will give the airframer a degree of flexibility to manage the impact of the coronavirus crisis on its production and delivery processes. Chief executive Guillaume Faury says the single-aisle backlog, over 6,200 A320-family jets, includes a “significant level” of overbooking which is “providing ...
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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.