Lufthansa will further reduce capacity to contain the financial damage incurred by the continuing COVID-19 coronavirus outbreak.

Mexican ULCC Volaris is bracing for significant delays in Airbus deliveries for 2021 and has already baked in potential delays into its 2020 capacity forecast. 

Avianca executives are confident that the carrier’s financial performance will trend toward profitability this year, following a challenging 2019 that saw the Bogota-based airline realize a net loss of close to $900 million. 

Finnair issued a profit warning Feb. 28 and withdrew its previous capacity guidance of 4% growth for 2020, as it adjusts network capacity over the next several months to better fit demand related to the COVID-19 outbreak.

The South African government is planning a new cash infusion to try to put financially troubled South African Airways (SAA) on a sound footing.

UK LCC easyJet is taking steps to cut back on discretionary costs in a bid to offset the expected impact of the COVID-19 virus on operations as demand slows.

Korean Air is requiring all passengers boarding U.S. flights at Incheon Airport to undergo temperature checks, either with thermal imaging cameras or handheld thermometers.

IAG cut its growth target from around 3% to 2% and may end up below that figure should the crisis worsen, according to CEO Willie Walsh.