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  • 01 April 2020
IATA's latest analysis of the COVID19 crisis shows that airlines could burn through US$61 billion of their cash reserves during Q2 2020 ending 30 June, while posting a quarterly net loss of US$39 billion. This analysis is based on a scenario in which severe travel…
  • 31 March 2020
Air Canada is to reduce capacity for Q2 2020 by 85 per cent to 90 per cent compared to last year, and will place 15,200 members of its unionized workforce on Off Duty Status and furlough about 1,300 managers. The workplace reductions will be effective…
  • 31 March 2020
With the recent directive by the Government of India, suspending all commercial passenger flights until April 14 midnight, GVK-led Mumbai International Airport managing Chhatrapati Shivaji Maharaj International Airport (CSMIA) continues to remain operational with a curtailed staff of over 500 personnel working endlessly for vital…
  • 30 March 2020
The Board of Airline Representatives in Germany (BARIG), the joint representation of interests of more than 100 German, European and global airlines, appeals to politicians in Berlin as well as in Brussels to use all available measures to support airlines and the aviation industry in…
  • 30 March 2020
Vietjet is offering passengers insurance against Covid-19 infection as the carrier battles to restore confidence in its service. Under the banner Sky Covid Care, the airline is offering coverage valued at US$857-8,570 to all passengers flying on its domestic flights from before June 30. With…
  • 30 March 2020
IndiGo operated a relief flight from Delhi to Jodhpur on March 29, 2020 in line with its commitment to provide support to the nation in the current scenario. The flight 6E-9121 operated by 2 captains and 4 cabin crew, carried 139 Indian passengers to Jodhpur…
  • 27 March 2020
Airports Council International (ACI) Asia-Pacific is urging governments across the Asia-Pacific and Middle East region to swiftly implement relief measures to safeguard airport employment and connectivity. Revised ACI revenue forecasts show the 2020 impact of the pandemic now stands at US$23.9B for Asia-Pacificand US$5.7B for…
  • 27 March 2020
Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) show that international air passenger demand plunged in February 2020, with deepening public anxiety about the COVID19 pandemic and the abrupt imposition of travel restrictions across the world causing widespread disruptions to airline operations.…
  • 27 March 2020
Singapore Airlines will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through a 10-year Mandatory Convertible Bonds (MCB). Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity…
  • 26 March 2020
Lufthansa flew A 380 aircraft on 25th March 2020 as repatriation flight LH9912 from Frankfurt to Delhi. It arrived at around midnight at Indira Gandhi Airport in Delhi. The return flight, LH343 to Frankfurt, departed from Delhi at 1:30 am local time. It brought German…

 

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