Back to topic please. And a lot of (non-)activity because of CoViD-19. In addition to the articles on the homepage:
Aegean to proceed with the temporary suspension of nearly all its international flights (except to Brussels!), as of 26 March until 30 April 2020.
Air Belgium halts flights to the Caribbean until early May 2020 and temporarily lays off almost all its 350 employees as it awaits state aid.
Air France to reduce working hours for almost all of its 45,000 employees from 23 March 2020, for a maximum of six months.
Air Greenland has cancelled all scheduled services on 20 March until 04 April 2020.
Air Nostrum to layoff 1,400 employees for three months due to the economic situation caused by the coronavirus pandemic.
Austrian Airlines will cease all regular flight operations until 19 April 2020, thus extending its previous term as demand is still low.
Bangkok Airways says it is temporarily suspending all international flights from 22 March 2020 until further notice.
Cargojet is appealing to the federal government of Canada for financial support, regulatory breaks and protective supplies as the company faces surging demand for its services.
Caribbean Airlines must restrict its international flights from 23 March 2020, however domestic operations will continue.
Copa Airlines to suspend all operations from 22 March until 31 April 2020 due to the coronavirus outbreak.
Delta Air Lines is now projecting 2Q 2020 revenues will be down by US$10 billion yoy – an 80% drop. Demand recovery will take an extended period once the virus is contained. Delta is currently burning roughly $50 million in cash each day.
Eastar Jet to suspend all routes in April 2020 as effects of the pandemic take their toll.
Embraer informs the market that it has decided to place its employees that cannot perform their job activities remotely on temporary paid leave until 31 March 2020.
Ethiopian Airlines has suspended flights to 30 countries to help stop the spread of coronavirus.
Etihad fires around 60 cabin crew members as part of cost-cutting measures. Up to 400 more members of cabin crew could face being made redundant in the coming days and weeks after the pandemic caused passenger demand to plummet.
Etihad is also negotiating significant cost reductions across its supply chain, discussing material payment deferrals with manufacturers or lessors as it aims to conserve cash.
Etihad will temporarily suspend all flights to, from, and via Abu Dhabi following a decision by the government to suspend all inbound, outbound, and transit passenger flights in the UAE.
Flydubai will suspend its operations with effect from 26 March until 09 April 2020 as part of the precautionary measures being implemented in response to the coronavirus.
GE Aviation is planning to reduce approximately 10% of its total US workforce, with a temporary lack of work impacting approximately 50% of its US MRO employees for 90 days. The cost and cash actions will preserve US$500 million to $1 billion in 2020.
Hawaiian Airlines to suspend most long-haul passenger service due to new State of Hawai‘i quarantine order.
Hong Kong Airport Authority launched relief measures US$128 million to help the aviation industry during the pandemic.
Icelandair is operating only 14% of its planned flight schedule, and, in the coming weeks, the capacity is expected to decline even further. Due to cost-cutting, 92% of employees move to part-time employment temporarily and salary will be cut, while the employment of around 240 employees will be terminated.
IndiGo has been forced to ground 30 planes in its fleet of 258 aircraft following the government’s decision to bar international flights for a week.Indi Go is trimming domestic India operations by approximately 25% for now as it matches capacity to demand.
Interjet will suspend international flights beginning 24 March 2020 due to falling demand and the closure of borders and restrictions.
Jazeera Airways to suspend the 2019 dividend payment and activate the drawdown of bank facilities to support Jazeera’s ongoing liquidity through the coming months.
JetBlue plans to cancel hundreds of flights and operate less than half of its normal schedule this week, as it shrinks its operation to match diminished demand.
Kenya Airways has temporarily suspended all international services effective midnight 25 March 2020, until further notice.
MAP will suspend all flights indefinitely due to the coronavirus. The carrier keep only a charter contract in a nearby region.
Moody’s Investors Service says global airlines are likely to cut capacity by 40-60% year-on-year for 2Q 2020 and more than 75% in some cases as the aviation sector takes a big hit due to the coronavirus outbreak. On a full-year basis, global industry capacity expected to fall 25% to 35%.
MTU Aero Engines will temporarily suspend a large proportion of operations across several facilities in Europe, effective 30 March 2020 for three weeks. The Munich and Rzeszow manufacturing facilities will be shut down first, followed by MRO in Hannover and Ludwigsfelde.
Oman Air plans to cut jobs as the coronavirus pandemic took its toll on the Gulf carrier’s flight schedule. The state-owned carrier had to reduce flights, suspend routes and park planes.
Pacific Coastal Airlines is temporarily suspending operations from 24 March 2020 until 03 May 2020, due to the coronavirus. WestJet Link (Canada) operations will continue under the guidance and direction of WestJet until further notice.
Pakistan International Airlines suspends all international flights as Pakistan implemented the halt through 04 April 2020.
Qatar Airways will operate a 75% reduced schedule, grounding a significant portion of our fleet as a result of the coronavirus pandemic. Qatar Airways will trim its flights to Australia, and the rest of the world, across April and May 2020, while also grounding most of its ten A380s in response to a global downturn in air travel.
Rex Regional Express warns of bankruptcy if passenger numbers are reduced too far as a result of travel restrictions.
Ryanair has the cash to survive for “maybe even 12 months” with no flights or revenue as the coronavirus shuts the air travel industry down, says CEO Michael O’Leary.
Sabre has identified and are in the process of removing over US$200 million in cash costs from the business in 2020 to strengthen its financial position in response to the current industry conditions.
South African Airways is suspending all international flights with immediate effect until 31 May 2020, to support the government travel ban. SAA will only continue to render services on its domestic route between Johannesburg and Cape Town.
Southwest implemented a plan to reduce capacity by at least 20% from 14 April through 05 June 2020 in the wake of the ongoing outbreak. All international destinations to be suspended from 22 March to 04 May 2020.
Stobart Air to temporarily suspend all international flight operations with effect from 28 March 2020 until further notice. PSO routes will continue.
SunExpress of Turkey has suspended its flights to Germany, France, Spain, Netherlands, Belgium, Sweden, Norway, Denmark, Austria, England, Switzerland and Ireland until 17 April 2020 in accordance with government decisions.
Thai Smile to stop all international flights, effective immediately due to the ongoing threat of the coronavirus. The carrier will continue providing domestic flights.
Transat AT announces that it has temporarily laid off about 70% of its workforce in Canada. The final Air Transat flight prior to the full suspension of its operations is scheduled for 91 April 2020.
Turkish Airlines will ground all its international flights as of 27 March 2020, except those to Hong Kong, Moscow, Addis Ababa, New York and Washington, DC., amid changing dynamics in the sector. The carrier is unable to use 85% of its capacity.
Uganda Airlines announces the temporary suspension of operations from 23 March 2020.
United Airlines is reducing its international schedule by 95% for April 2020.
United says if the US Congress doesn’t act on sufficient government support by the end of March 2020, it will begin to take the necessary steps to reduce payroll in line with the 60% schedule reduction announced for April. May’s schedule is likely to be cut even further.
VoePass will suspend all its operations in the country for a period of three months from 23 March 2020.
Vueling to layoff more than 3,800 workers until 30 June 2020, due to drastic fall in demand.
Wizz Air Holdings has grounded around 85% of its fleet and continues to operate 15% of its capacity and remains operational in Romania, Hungary and Bulgaria, but the grounding of the entire fleet remains a distinct possibility over the next period.
Wizz Air has implemented additional cost-reduction measures in third-party spending, overhead spending, discretionary spending and non-essential capital expenditure. In addition, it has implemented measures to secure its cash position working with vendors, suppliers and authorities.
Wizz Air suspends all routes between UAE and Romania until the 03 April 2020 inclusive due to the restrictions imposed by UAE authorities on all flights to and from the UAE.
China civil aviation authorities will cap the number of inbound flights to the country in a bid to tighten the control of imported cases of novel coronavirus.
India will stop domestic flight operations from 24 March 2020 for an undisclosed amount of time. The ban does not extend to cargo flights.
Portugal instructed the civil aviation regulator ANAC to outline the needs of airlines, which favors TAP Air Portugal
Taiwan is suspending the transit of airline passengers through Taiwan from 24 March until 07 April 2020.
UAE suspended all passenger and transit flights to and from the country for two weeks over coronavirus fears.
ex Sabena #26567