FRANKFURT—IATA warns that a recent rise in COVID-19 cases has already weakened bookings in the second half of June and could severely impact the expected recovery of air travel.
UK-based Virgin Atlantic said July 1 that it was continuing to work on “a comprehensive, solvent recapitalization of the airline” to ensure it could continue to provide “essential connectivity and competition” for consumers and businesses.
LONDON—UK ULCC easyJet plans to make more than 700 pilots redundant and close three of its British bases as it downsizes in the face of the novel coronavirus crisis.
Dubai Aerospace Enterprise (DAE) has granted lease-payment deferrals to a further four customers and is evaluating another 28 requests, taking the total number of approaches to at least 58.
Ryanair has resumed operating over 1,000 daily flights across Europe, about 40% of its normal July capacity, as it returned to flying July 1 following the COVID-19 crisis.
Scandinavian Airlines (SAS) has secured a SEK14.25 billion ($1.5 billion) recapitalization led by the Danish and Swedish governments along with third-largest shareholder the Knut and Alice Wallenberg Foundation.
Icelandair Group is still locked in financial restructuring talks with lessors, a credit card acquirer and Boeing, further-delaying its time line toward a share offering and government-backed loan.
Following cases of transit passengers being stranded at Hong Kong International Airport (HKG) as a result of mishandling by airlines, Airport Authority Hong Kong (AA) has introduced a series of penalties imposed on airlines should such cases occur again.
EASA has pulled operator approvals for Pakistan International Airlines (PIA) and Vision Air International, a Karachi-based charter and cargo carrier, in the aftermath of Pakistan’s pilot-licensing scandal.
Inclusion of the U.S. in the latest EU travel ban may make sense from a public health standpoint, but it’s bad news for airlines taking their first steps to recovery on both sides of the Atlantic.
The FAA, expanding on temporary provisions issued in April, has extended relief for pilots and other certificated industry professionals who have certain qualifications, medical certificates and training due for renewal this summer.
In an effort to adapt to declining demand for its commercial aircraft amid the COVID-19 pandemic, Airbus is expediting decisions to cut 15,000 positions—around 11% of its entire workforce and the deepest restructuring the company has ever endeavored.
The government ministry responsible for South African Airways (SAA) has withdrawn from talks aimed at fostering employee engagement in developing an operating model for a restructured SAA.
Air Canada will suspend 30 domestic regional routes and close eight stations as it continues to reshape its network to meet reduced demand during the COVID-19 pandemic.
European Union member states have set out a list of countries from which they will gradually lift COVID-19 restrictions on non-essential travel, including Australia, Canada, South Korea and China—as long as it reciprocates—but excluding the U.S.
Cathay Pacific has gained approval from the vast majority of its employees for an unpaid leave program—an important part of the airline’s efforts to reduce short-term costs.
The UK government appears to be on the point of amending its roundly-criticized requirement that most arriving air travelers must self-quarantine for 14 days.
ULCC Norwegian has issued notice to Boeing of its intention to cancel orders for 92 737 MAX and five 787s, together with the GoldCare service agreements accompanying all of the aircraft.
