coronavirus

Hong Kong Government Offers Financial Help to Aviation Industry

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 […]

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Polish Carrier LOT Abandons Plan to Take Over Condor

LOT’s parent company Polish Aviation Group (PGL) has decided not to buy German holiday company Condor, a move that brings no real surprise following the impact the COVID-19 pandemic has had so far on the aviation industry. The state-owned group had announced its intention to buy Condor for around €300 million ($327 million) back in […]

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Belgian Carriers to Remain Grounded Until Mid-May or Later

Belgian flag-carrier, Brussels Airlines, and Air Belgium have both announced extensions to their entire flight suspensions in light of the unsolved situation with the new coronavirus pandemic. Brussels has extended its grounding until at least May 15. Air Belgium has extended its suspension even further; light operations won’t restart before June 3. Brussels Airlines, a […]

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LATAM Brasil CEO Expects Pre-Crisis Levels in ‘Two or Three Years’

In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control? When demand started falling off a cliff, executives were optimistic about the […]

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Could the Aviation Industry Rebound in the Second Quarter?

VistaJet executive Thomas Flohr believes that there will be a “significant rebound” in the aviation industry in the second quarter, especially towards May or June, as borders around the world slowly begin to open up as the Coronavirus subsides. Flohr says that his company, which primarily charters business travelers, would be willing to assist airlines […]

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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 commercial operations as the world unites to slow the spread of COVID-19. In a statement […]

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A Review of America’s Track Record on Nationalizing Brands

In the recent CARES Act, the aviation industry was given a bailout for its recent economic woes stemming from the COVID-19 epidemic. This has led to another round of arguments being brought forward about preferring nationalizing carriers to avoid these issues going forward and potentially creating a more enjoyable airline experience like what can be […]

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