News

This week marks one of the first opportunities American investors and the public will have to see just how the airline industry is suffering as a result of the COVID-19 pandemic. The four largest U.S. carriers are all set to release their first-quarter earnings this week. United Airlines’ numbers first leaked on April 20 and […]

The dramatic drop in demand and the restrictions on international travel caused by the COVID-19 pandemic are devastating the finances of most airlines around the world. Carriers in the U.S. are receiving billions of dollars in grants and loans, Norwegian Airlines, Virgin Australia and South African Airlines are facing bankruptcy and other airlines like Alitalia […]

The board of directors of Air Mauritius Limited met this Wednesday to disclose the state of the company’s finances due to the COVID-19 pandemic. Then, it was reported that the operational disruptions related to the coronavirus make it impossible for the airline to meet its financial obligations “in the foreseeable future.” In a press release […]

It’s no secret that over the past few years Norwegian has been standing on a very thin rope, accumulating losses, seeking additional cash injection and restructuring routes in order to stay afloat. As COVID-19 hardly hits the global aviation year as no event in the past century; Norwegian’s Danish and Swedish subsidiaries have filed for […]

Virgin Atlantic founder Sir Richard Branson has stated in a public letter that he is willing to offer his private island as security against any deal from the U.K. government. Although the tycoon has committed $250 million of his own money, Virgin Atlantic says it requires around an extra $615 million in commercial loans. The […]

As some countries in Europe and North America prepare to release travel restrictions put in place to curb the spread of the COVID-19 pandemic, authorities are starting to put in place protocols to protect the health of air passengers and airline staff. Transport Canada, the country’s aviation regulator, issued new measures that will come into […]

After suspending operations at their Puget Sound region facilities last month due to the COVID-19 pandemic, Boeing has announced that commercial aircraft production will resume starting next week. The company will bring production back online using a phased approach that includes measures in response to the ongoing pandemic. According to Boeing, employees in the Puget […]

As flying programs across the globe get cut due to the ongoing COVID-19 pandemic, one airline group will be increasing the number of flights operated. The Qantas Group has announced it will be adding additional flights to its schedule in cooperation with the Australian government. The group will be part of a minimum domestic and […]

Emirates become the first carrier in the world to test for COVID-19 before boarding flights. The airline introduced this measure in collaboration with the Dubai Health Authority (DHA) on Wednesday, applying rapid tests for all passengers before boarding a flight to Tunis, Tunisia. All passengers on the flight took blood samples at the check-in zones […]

As a result of the coronavirus crisis around the globe, travel demand has plummeted to a new low. Hong Kong International Airport (HKIA), a transportation hub in Asia, recorded a total number of 228 arrival passengers on April 12 and only eight foreign visitors among them. In response to the low demand, the airport has […]