The recent decision by Brazil’s largest domestic airline GOL to cancel orders for 34 Boeing 737 MAX narrowbodies has coincided with a compensation payment from the airframer, bolstering GOL’s cash balances to withstand the COVID-19 pandemic.

United Airlines is holding discussions with Boeing regarding 737 MAX deliveries beyond 2021 while continuing to model worst-case scenarios for near

Aeromexico plans to slash its capacity by 80% in the 2020 second quarter (Q2) while working to convince Mexico’s government of the country’s airlines’ need for financial aid as credit markets tighten during the COVID-19 pandemic.