The UK will withdraw as a member state of the European Union Aviation Safety Agency (EASA) after a transition period and shift responsibility for aircraft certification and safety regulation to its own Civil Aviation Authority (CAA), British Transportation Secretary Grant Shapps said.
Although LATAM Airlines Group has yet to see demand dwindle in its South American domestic markets from the COVID-19 crisis, the company has cut service from its hub at Sao Paulo Guarulhos International airport to Milan through Apr. 16.
Italian authorities have given a new deadline for interested parties to submit bids for Alitalia, in the latest attempt to map out a future for the airline, almost three years after it filed for bankruptcy.
Taiwan’s Ministry of Transportation and Communications has put aside NT$4.2 billion ($140 million) to help its aviation industry should the COVID-19 outbreak gets worse, according to the Taipei Times.
JetBlue Airways CEO Robin Hayes touted the company’s recent signing of a credit facility priced according to environmental targets, calling it “the first of its type in our industry.”
Boom Supersonic’s XB-1 third-scale demonstrator for the Mach 2.2 Overture airliner is now planned to fly by mid-2021, CEO Blake Scholl told the U.S. Chamber of Commerce’s Aviation Summit in Washington on March 5.
Southwest Airlines pilots will go through simulator sessions as part of their preparation to fly the Boeing 737 MAX when the model is cleared to return, CEO Gary Kelly confirmed Mar. 5.
Aircraft manufacturers and suppliers widely expect the COVID-19 coronavirus crisis to result in a short, sharp shock to the air transport sector, but nothing disruptive yet to their business models, according to comments made during the U.S. Chamber of Commerce’s 2020 Aviation Summit.
El Al Israel Airlines has cut 1,000 jobs and implemented other drastic cost-cutting measures in response to the Israeli government’s new entry regulations to counteract the ongoing COVID-19 virus outbreak.
Canada has taken up the mantle of leading an international effort to improve airspace safety over and near conflict zones, Transport Minister Marc Garneau said.
Etihad Airways has narrowed its full-year net losses as the carrier continues to improve its operating performance through the transformation program it began in 2017.
A senior U.S. Transportation Department (DOT) official overseeing international aviation agreements said the department will only approve applications for immunized airline alliances “when the competitive benefits are clear and demonstrable.”
IATA is hoping for a global standardization in processes by stakeholders on how confirmed or suspected COVID-19 cases are handled at airports, which in turn will increase the industry’s effectiveness in dealing with the outbreak.
The Chinese government said it will pay subsidies to support international air connections, as local airlines planned further restoration in domestic capacity.
Southwest Airlines is projecting a $200-300 million first-quarter operating-revenue shortfall due to a sudden dip in bookings that the airline is linking to COVID-19.
As air transport demand continues to drop as COVID-19 coronavirus infections have begun to cluster beyond the Asia-Pacific region, IATA has widened its estimates on revenue losses for the airline industry.
Hong Kong-based China Aircraft Leasing Group (CALC) announced Mar. 5 that it will indirectly acquire a 35.68% equity interest in Indonesian regional airline TransNusa.
