April 24, 2020 2:54 am ET
April 14, 2020 10:02 pm ET -
U.S. Airlines Agree to Bailout Terms, Receive Billions from Treasury…
The United States’ major airlines have agreed to terms on a $25 billion bailout package from the U.S. government. The U.S. Treasury Department says that Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways,…
April 12, 2020 9:07 pm ET -
The Process of Preparing Aircraft for Long-Term Storage
With COVID-19 decimating the travel industry, demand has dropped to almost nothing. Planes have been sent to storage for who knows how long. Many aircraft will be brought into service as demand picks up but some will be kept in…
April 10, 2020 1:17 pm ET -
U.K. and European Governments Defer ATC Charges for Airlines
The U.K. government has supported action by European authorities to allow airlines to defer the payment of charges for air navigation services. This will include charges for both the U.K. and European airspace being deferred for up to 14 months…
April 9, 2020 9:00 am ET -
IATA Warns COVID-19 Threatens 25 Million Jobs Worldwide
The International Airlines Transport Association (IATA) has warned stakeholders that the Coronavirus crisis threatens 25 million direct and indirect jobs surrounding the airline industry worldwide; as governments across the world have restricted movement and even called for the suspension of…
April 7, 2020 1:05 pm ET -
Lufthansa Group Restructures Fleet Following COVID-19
German flag carrier Lufthansa has announced it will be fast-tracking the retirement of a number of aircraft from its fleet, anticipating a reduction in air travel following the Coronavirus pandemic. In a media statement released by the airline, the Lufthansa…