JetBlue temporarily consolidates service in five domestic metro areas

JetBlue will temporarily consolidate operations in five major metropolitan areas in the U.S between April 15 and June 10. The revised schedules are aimed at reducing excess flying during a time of unprecedented low demand for air travel while maintaining a critical level of service across the airline’s network for those who absolutely must fly. […]

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Spirit halts production for Boeing programs at facilities in Wichita, Kansas, Tulsa and McAlester, Oklahoma

MRO & Production

Spirit AeroSystems has announced a series of additional actions the company is taking to reduce costs and preserve liquidity in light of the economic impacts of the COVID-19 pandemic and continued uncertainty in the industry. On April 6, Spirit AeroSystems received notice from Boeing that all deliveries to Boeing’s Washington state and South Carolina facilities

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Lockheed Martin names Yvonne Hodge Senior Vice President of Enterprise Business Transformation

People

Lockheed Martin has appointed Yvonne Hodge Senior Vice President of Enterprise Business Transformation, effective June 15. Hodge currently serves as Vice President of Business Innovation Transformation & Enterprise Excellence of the company’s Space business area. In her new role, Hodge will be responsible for developing strategies and implementing integrated, cross-functional solutions that transform operations through

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Leonardo closes acquisition of Kopter Group

Financial

Leonardo has closed the acquisition of Kopter Group AG (Kopter) from Lynwood (Schweiz). The purchase price, on a cash and debt-free basis, consists of a US$185 million fixed component plus an earn-out mechanism linked to certain milestones over the life of the program, starting from 2022. The acquisition of Kopter allows Leonardo to further strengthen

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Air Canada intents to adopt Canada Emergency Wage Subsidy

Financial

Air Canada has released that it intends to adopt the Canada Emergency Wage Subsidy (CEWS) for the benefit of its 36,000 Canadian-based employee workforce. The Government of Canada announced the CEWS on April 1, 2020, in order to help employers keep and/or return Canadian-based employees to payrolls for the Program Term of March 15, 2020

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Airbus is revising production rates downwards

Aircraft & Engines

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

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Lufthansa closes low-cost carrier Germanwings and shrinks fleet

Airlines & Routes, Top Stories

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

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Delta donates 200,000 pounds of food to people in need

Airlines & Routes

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

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Finnair’s traffic figures decline significantly in March year-on-year

Traffic

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

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IATA predicts 25 million jobs at risk with airline shutdown

Airlines & Routes

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

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Heike Tamm