Coronavirus

Deliveries of Western-built, turbine-powered helicopters are projected to total 6,376 units valued at $30.4 billion over the next 10 years, resulting in a compound annual growth rate of 1.4% for the in-service fleet, according to Aviation Week Network’s Helicopter Fleet & MRO Forecast.

AirAsia Group has raised MYR336.5 million ($82 million) following the completion of a two-tiered private share placement, part of a broader plan to raise MYR2-2.5 billion to save the struggling LCC operator which has been battered by the pandemic.

ATR’s earlier hopes that regional turboprops would spearhead the recovery have yet to materialize, and management now only expects a slight upturn this year on the extremely slow sales it reported for 2020.

The European Commission (EC) has approved a state loan to another European flag-carrier as a result of the coronavirus pandemic wreaking havoc on airline finances.

A year after the coronavirus pandemic forced airlines to shut down much of their operations, governments have pumped $215 billion in financial support into the sector, according to IATA.

The past year has been “pretty brutal” for the aviation industry, with the COVID-19 pandemic disrupting supply chains and aircraft deliveries, but “we’re going to come out of it just fine,” says Richard Aboulafia, Teal Group vice president of analysis.

The European Commission (EC) has put forward a plan for a Digital Green Certificate to provide proof of a passenger’s COVID-19 health status, with the aim of facilitating a travel recovery within the EU.

U.S. airlines are seeing an elongation of the booking curve, a sign that air travel may finally be starting to return to something resembling normalcy.

The latest additions to the UK’s ever-changing list of “red list” nations that are deemed to have high rates of COVID-19 infections will have an unusually large effect.

Virgin Atlantic has taken a further step to bolster its liquidity as it awaits the hoped-for return of passengers later this year.

Ask the Editors: Private aviation providers report a spike in inquiries and increased sales to former first-class airline passengers.

Health travel apps need government standards.

A host of U.S. airlines forecast improved bookings for spring and summer travel, driven by continued positive momentum in COVID-19 case counts and vaccinations.

A cruel irony of the downturn in commercial aerospace is that there may not be enough workers to staff the recovery.

UK leisure carrier Jet2 and Irish LCC Ryanair are both planning to draw down funds under the Bank of England’s COVID Corporate Financing Facility (CCFF), which is set to close March 22.

The House of Commons transport committee has urged the UK government to release its travel restart plan on April 12 and to allow international travel to resume from May 17.

Australia and Singapore are holding discussions on an air travel bubble that would allow quarantine-free travel for residents between the countries from July.

Hill wants to maintain its supply chain and not be “held to ransom” by suppliers, in a bid to keep maintenance costs low for customers.

International travel is expected to build in the third quarter, and bilateral corridors will still be important.

The upheaval caused by the COVID-19 pandemic and subsequent ongoing logistics effort to distribute vaccines has seen the air cargo sector turned upside down.

Active fleet surpasses 100, but several Asia-Pacific regulators remain in wait-and-see mode.

What do the myth of Sisyphus and the commercial aerospace sector have in common? A lot of ups and downs.

Lessor BOC Aviation says it is in good shape for the coming financial year, in another sign of the strengthened position of the leasing industry amid the coronavirus pandemic.

U.S. federal lawmakers are sending airlines another $14 billion to prop up payrolls until Sept. 30, which they hope will see the industry through to recovery.

Air France has begun a month-long test of a smartphone app that carries secure records of passengers’ COVID-19 test results on flights from Paris to Guadeloupe and Martinique.