Luxemburg-based SES, which operates and is planning a multi-orbit constellation of satellites including the medium Earth orbit O3b system, will look to spin off its data business with a remaining, restructured company to focus on video services to airliners, ocean liners and the direct-to-home market, executives said March 2.

United Airlines became the first North American carrier to reduce service to Japan and Singapore on Feb. 28, reflecting intensified concerns about the spread of COVID-19 beyond China.

Lufthansa will further reduce capacity to contain the financial damage incurred by the continuing COVID-19 coronavirus outbreak.

Mexican ULCC Volaris is bracing for significant delays in Airbus deliveries for 2021 and has already baked in potential delays into its 2020 capacity forecast. 

Avianca executives are confident that the carrier’s financial performance will trend toward profitability this year, following a challenging 2019 that saw the Bogota-based airline realize a net loss of close to $900 million. 

Finnair issued a profit warning Feb. 28 and withdrew its previous capacity guidance of 4% growth for 2020, as it adjusts network capacity over the next several months to better fit demand related to the COVID-19 outbreak.

The South African government is planning a new cash infusion to try to put financially troubled South African Airways (SAA) on a sound footing.

UK LCC easyJet is taking steps to cut back on discretionary costs in a bid to offset the expected impact of the COVID-19 virus on operations as demand slows.