Blanket quarantines of passengers flying between countries should be replaced by risk-based testing protocols backed by health certificates and other tactics that reassure the traveling public amid the COVID-19 pandemic, Airports Council International (ACI) World said Aug. 14.
Trading of Thai Airways’ shares was suspended Aug. 14 after auditors declined to sign off on the carrier’s 2020 first half (H1) statements, citing “material uncertainty” from the lack of liquidity and mounting debts which may affect the value of assets and liabilities.
Cathay Pacific is the latest Asia-Pacific carrier to scale back its capacity recovery plans as COVID-19 infections spike in different parts of the region.
New Zealand’s airlines are cutting back domestic services after travel restrictions were extended because of a resurgence of coronavirus cases within the country.
Korean LCC Eastar Jet is purportedly holding discussions with potential investors as the grounded carrier searches for a financial lifeline to restore its operations.
The UK’s year-long FlyZero feasibility study will help position its industry to participate in developing a zero-carbon emissions commercial aircraft for the 2030s, according to the country’s Aerospace Technology Institute (ATI).
New analysis from Airlines for America (A4A) found that New York and New Jersey—two U.S. states hit hardest by the COVID-19 pandemic—also lost the most commercial airline service in the U.S. in July.
The latest U.S. Trade Representative’s (USTR) tweaks to U.S. trade penalties against Europe satisfy nobody but at least do not further flame tensions between the two sides as they continue to quasi-negotiate a way out of their large commercial aircraft subsidy dispute at the World Trade Organization (WTO).
Energy company Phillips 66 has announced plans to convert its San Francisco refinery into the world’s largest renewable fuels plant, producing 800 million gal. a year of renewable diesel and gasoline as well as sustainable aviation fuel.
Average repayment periods for Fly Leasing customers have increased in recent months, but the number of lease-deferral requests is decreasing, and the company has revised its expected total deferral-related financial exposure downward.
Cowen & Co. analyst Helane Becker believes U.S. air traffic is on track to recover to 1 million passengers per day by year-end, a modest improvement from current levels, but still a far cry from the 2.5 million travelers who flew each day in 2019.
Airports Council International (ACI) World has published a “playbook” aimed at providing a simple summary of new airport security-focused guidance for mitigating risks amid the COVID-19 pandemic, the association said Aug. 13.
Although Cebu Pacific suffered substantial losses in the first half of 2020, the Philippine LCC predicts it will be able to secure enough extra funding to weather the COVID-19 crisis.
What makes the ongoing aerospace workforce cuts so tragic is that up until the start of this year, the aircraft manufacturing and MRO sectors were desperate to hire more workers–and in three to five years, they might be again, albeit probably not at the same pre-pandemic levels.
Lessor GECAS has dipped into the cargo market once again with its latest order for freighters, just hours before Russian carrier S7 Airlines announced its first order for dedicated cargo-carriers.
For three months between Aug. 15 and Oct. 15, transit service at Hong Kong International Airport (HKG) will resume for passengers traveling inbound from mainland China, but not for outbound flights to mainland Chinese airports.
As the outlook for corporate and international travel remains weak, United Airlines is hoping that the coronavirus pandemic will not dampen demand for warm weather leisure destinations in the U.S. this winter.
