Coronavirus disease 2019 (COVID-19) is an infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), a virus closely related to the SARS virus. 

China intends to take over indebted HNA Group Co (Hainan Airlines) as corona virus hits business

The Chinese Government plans to take over indebted conglomerate HNA Group Co, that is headquartered in Haikou, Hainan, China and is suffering from the...

ICAO estimates at 4 to 5 billion dollars the economic impact due to Coronavirus travel bans

The International Civil Aviation Organization (ICAO) has produced some preliminary forecasts relating to the expected economic impacts from COVID-19 travel bans on international air...

Global air cargo down 4% at start of 2020 as industry awaits impact of coronavirus

The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load... latest