Aeromexico plans to progressively resume its international operations from 01 May 2020, with the reopening of routes to Madrid, Vancouver and Sao Paulo, while flights to the US will have to wait until June 2020.
Air Europa is preparing to resume operations from 01 June 2020, as long as travel restrictions are eased.
Air France will only receive €7 billion in state aid on condition that it maps out a path to profitability and sets the goal of becoming the most environmentally friendly carrier in the world. Domestic flights will also have to be cut if a train alternative lasting less than 2.5 hours exists.
Air Seychelles to resume its domestic operations between Mahe and Praslin, effective 04 May 2020, following the removal of all restrictions on the movement of Seychellois citizens due to the pandemic.
AirAsia resumed its scheduled domestic flights in Malaysia, and will be followed by Thailand on 01 May, the Philippines 16 May 2020, and Indonesia 07 May 2020 subject to approval from the authorities.
Airbus is in talks with the French state regarding possible support for aircraft deliveries, even though it has no liquidity problems at present.
ANA All Nippon Airways is open to supporting Skymark (Japan) and Air Do (Japan) through the pandemic.
ANA will delay the delivery of aircraft to help soften the financial blow from the coronavirus. ANA plans to receive 13 aircraft in the current fiscal year, but is shifting receipt of the A380 and the B787 from the 1H to 2H. Aircraft due in 2H will be shifted into the next fiscal year, with the B777X delayed as well.
ANA will embark on US$935 million worth of cost-cutting in April and May 2020, and will seek to keep jobs off the chopping block. A complete recovery will likely be pushed back into fiscal 2021. ANA had $2.33 billion in ready liquidity at the end of March and anticipate $8.9 billion in short-term funds. There will be no government guarantees in its cash flow.
Avianca Holdings has been negotiating with the Colombian government for US$50 million in financial aid to save the airline. The company is open to the transfer of shares.
Boeing CEO Dave Calhoun told employees that the largest US planemaker is reducing the size of its workforce by about 10% amid a steep fall in travel demand due to the pandemic.
Bulgaria Air to resume its flights from Sofia to London from 01 May 2020.
Comair is now expecting to only resume operations in either October or November 2020. Comair is lobbying the state for aid.
Etihad won’t now resume normal scheduled passenger services until 16 June 2020 at the earliest after the airline closed all online bookings for May and early June.
GECAS says it’s better positioned today versus prior downturns in asset quality, customer concentration, geographic diversity. The lessor is managing deferrals and preparing for lease restructurings, repossessions, & redeployments, with 75-80% of its customer base seeking short-term deferrals.
IAG aims to steer clear of state bailouts, hoping it will leave it in a better position when the crisis is over.
Jazeera Airways has laid off over a third of its staff and can dip into its cash reserves to get through the crisis. The carrier is not seeking state aid.
Malaysia Airlines is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the crisis.
Philippine Airlines revised planned service resumption on Cebu – Los Angeles route until 02 June 2020, with B777-300ER.
Thai Airways International plans to seek a US$1.8 billion emergency loan to maintain liquidity and see it through a drop in demand. After the loan, the carrier plans to raise $2.3 billion baht in capital by issuing new shares around November, and use the proceeds to pay off the loan plus interest as well as to maintain liquidity.
Tunisair confirmed it is preparing a restructuring plan to face the effects of the pandemic, but also the withholding of 50% of salaries.
Viva Air Colombia is seeking a bridge loan from the government to overcome the crisis, as liquidity is low.
Wingo is seeking support from the Colombia government to guarantee loans to ensure smooth operations amid the crisis.
Austria (like Belgium) might demand a stake in Lufthansa in exchange for granting emergency aid to Austrian Airlines.
Philippine airlines are asking Congress to pass a law that would provide the industry financial support and wage subsidies as losses due to the pandemic reach US$376 million. Banks have cut off access to unused credit lines.
Singapore’s government would ensure that national carrier Singapore Airlines survives the crisis, but warned that the economy would have to open up slowly and some jobs would disappear forever.
South Korea is considering further financial support for airlines hit by the outbreak on the condition that they push for self-help measures and keep their workforce.
US Treasury Secretary Steven Mnuchin said he isn’t considering providing additional money to help airlines reeling from the impact of the pandemic.
Zambia government says the pandemic will affect the launch and operationalisation of Zambian Airways. No new launch date was set
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