Airbus is revising its production rates downwards to adapt to the new coronavirus market environment. In the first quarter of 2020, Airbus booked 290 net commercial aircraft orders and delivered 122 aircraft. A further 60 aircraft were produced during the quarter, which remain undelivered due to the evolving COVID-19 pandemic. 36 aircraft were delivered in […]
Airbus is revising production rates downwards Read More »
Based on its long-term view of the effects of the COVID-19 outbreak, the Executive Board of Deutsche Lufthansa AG has opted for strident measures to reduce capacity of flight operations and administration. The Board feels that while it will be many months before the airline industry will see any regrowth from current levels through the
Lufthansa closes low-cost carrier Germanwings and shrinks fleet Read More »
Delta is providing more than 200,000 pounds of food to hospitals, community food banks and other organizations around the world to support people in need as well as those working tirelessly on the front lines of the COVID-19 pandemic. Both perishable and non-perishable goods are being donated after Delta adjusted service offerings on board
Delta donates 200,000 pounds of food to people in need Read More »
In March, Finnair carried 498,600 passengers which is 56.4% less than in the corresponding period of 2019. The overall capacity decreased in March by 39.4%. Finnair’s traffic decreased by 55.2% and load factor decreased year-on-year by 20.3% points to 58.0%. All traffic figures were heavily impacted by the coronavirus, related route and frequency cancellations as
Finnair’s traffic figures decline significantly in March year-on-year Read More »
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7
IATA predicts 25 million jobs at risk with airline shutdown Read More »
AerCap has released its major business transactions during the first quarter of 2020. The company signed lease agreements for 28 aircraft, including ten wide-body aircraft and 18 narrow-body aircraft and purchased seven aircraft, including five Airbus A320neo Family aircraft, one Boeing 787-9 and one Embraer E2 aircraft. AerCap executed sale transactions for 18 aircraft, including
AerCap leased, purchased and sold 53 aircraft in first-quarter of 2020 Read More »
Etihad Airways, the national airline of the UAE, will partner with Australian company Elenium Automation to trial new technology which allows self-service devices at airports to be used to help identify travelers with medical conditions, potentially including the early stages of COVID-19. Etihad will be the first airline to trial the technology, which can monitor
Etihad to test airport technology to help identify medically at-risk travellers Read More »
SWISS is to perform a series of flights bringing vital protective medical equipment from China to Switzerland. The operation, which is extensively supported by the company’s Swiss WorldCargo airfreight division, is being conducted on behalf of the Zurich Cantonal Pharmacy and in collaboration with knechtcare / Welti-Furrer (the Knecht Group) and Männedorf Hospital. Under the
SWISS to perform more than ten cargo flights for Swiss healthcare institutions Read More »
The planned US$6.4 billion all-stock merger between two major aerospace and defense suppliers, Hexcel Corp and Woodward Inc, has been abandoned by mutual consent in light of the ravages the effects of the COVID-19 pandemic are having on the aerospace industry. With the companies’ two principal customers Boeing and Airbus cutting back on or halting
COVID-19 sees end to Hexcel and Woodward merger Read More »
Lufthansa Technik AG has reached an agreement with the bodies of co-determination and its operating partners to introduce short-time working. This applies to all German sites and companies with the exception of Lufthansa Technik AERO Alzey (LTAA) and Lufthansa Bombardier Aviation Services (LBAS). The agreement thus applies to around 12,000 employees and will initially run
Lufthansa Technik agrees on short-time working Read More »
