The coronavirus epidemic has had a severe impact on demand for air travel, and several countries have set restrictions on air travel. Finnair has released that it is now making substantial adjustments to its traffic and will reduce approximately 90% of its normal capacity, compared to 2019, starting from the beginning of April 2020. These […]
Finnair cuts capacity by 90% from April 1 Read More »
American Airlines will implement a phased suspension of additional long-haul international flights from the U.S. starting on March 16. This suspension will last through May 6. This change is in response to decreased demand and changes to U.S. government travel restrictions due to coronavirus (COVID-19). The airline will reduce international capacity by 75% year over
Faced with growing restrictions on the possibility of travelling and a strong downward trend in demand which has resulted in a drop in traffic and sales over the last few weeks, the Air France-KLM Group released that it is obliged to significantly reduce its flight activity over the next few days, with the number of
Air France to ground A380 fleet, KLM Boeing 747 fleet Read More »
The European Union Aviation Safety Agency (EASA) has issued a safety directive to reduce the risk of spread of the novel coronavirus through flights to and from high risk areas. This is the first EU-wide operational measure to control the spread of COVID-19 in Europe. The safety directive specifies measures to be taken for flights
EASA issues safety directive to combat spread of COVID-19 via airline travel Read More »
The Executive Board of Deutsche Lufthansa AG has decided to propose to the Annual General Meeting that the dividend payment for the financial year 2019 be suspended. Lufthansa Group closed the year 2019 with an adjusted EBIT of €2,026 million (US$2,269 million). The adjusted EBIT margin was 5.6%, within the range of the 5.5% to
Lufthansa Executive Board proposes suspension of dividend payment Read More »
CAVU Aerospace has increased capacity for short-term and long-term storage, maintenance and dismantling at their Roswell, NM. (KROW), Victorville, CA. (KVCV) and Stuttgart, AR (KSGT) facilities. With the global health crisis, the aviation industry is seeing there will be a rapid increase for support of aircraft storage and maintenance. CAVU Aerospace continues to provide quality,
CAVU Aerospace increases capacity for short-term and long-term storage of aircraft Read More »
