Coronavirus

The Pentagon’s plan to dramatically redesign the Boeing KC-46A Pegasus vision system is responsible for the bulk of an $827 million charge for the program in the first quarter.

Boeing is facing a novel coronavirus-related setback to the VC-25B presidential transport program, causing the company to recognize a $168 million impact in the first quarter.

Plans to ban all commercial flight ticket sales in Argentina until September have been met with outcry from airline and airport trade bodies.

Ask the Editors: Regional jets just might be a dark horse in the post COVID-19 landscape.

The U.S. Transportation Department (DOT) plans to strengthen the viability of the Essential Air Service (EAS) program, by partially subsidizing carriers for flights canceled owing to the COVID-19 pandemic.

AUSTRIAN AIRLINES extended temporary suspension of operations due to COVID-19 by two more weeks to end of May.

SAFRAN secured €5.4b revenues in 1Q20 vs €5.8b in 1Q19: Aerospace Propusion revenues dropped 9.9% with delivery of 326 (54 CFM56s/272 LEAPs) engines

KLASJET, Lithuania subleased 737-300BCSF (25263) from BlueBird Nordic to provide cargo charters during COVID-19 crisis.

BOEING says it expects its defense business will be larger than commercial business in 2020, and hold for a little while; the split was 45%/55% in

BOEING is projecting an acceleration of aircraft retirements coming out of COVID-19 crisis, enahncing new aircraft deliveries.

SWISS (and EDELWEISS) secured CHF1.5b government-backed loan to enhance liquidity; it has extended its reduced timetable through end of May

FINNAIR lost €91.1m in 1Q20 (vs €16.2m loss in 1Q19) on 16% lower revenues. It has €833m of liquidity and plans €500m rights offering; and (if

BOEING COMMERCIAL AIRPLANES reported drop in operating margins to -33% in 1Q20 due to lower deliveries, $797m of abnormal production costs from

US BUREAU OF ECONOMIC ANALYSIS is estimating that US GDP decreased at an annual rate of 4.8% in 1Q20.

BOEING announced plan to cut employment by about 10% companywide through voluntary layoffs (VLO), natural turnover and involuntary layoffs as

AIRBUS posted €481m net loss for 1Q20 (vs €40m net profit in 1Q19) on 15% lower consolidated revenues; Airbus (commercial aircraft) revenues dropped

BOEING posted $641m net loss for 1Q20 (vs $2.1b net profit in 1Q19) on 26% lower revenues (48% lower Commercial Airplane revenues). It is reducing 787

AAPA reports year-over-year member traffic declined 70.7% in March on 55.6% lower capacity; cargo traffic fell 21.1%.

IATA reports year-over-year global pax traffic dropped 52.9% in March on 36.2% lower capacity; cargo traffic fell 15.2%.

Sweden’s Saab has delivered the first GlobalEye swing-role surveillance platform to the United Arab Emirates Air Force.

As airlines and airports around the world respond to the challenges created by the COVID-19 pandemic, Routes looks at the current state of the global aviation market.

Icelandair has announced plans to lay off 2,000 staff across the company as a consequence of the COVID-19 crisis.

Welcome to Routes’ weekly look at how Europe's aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

China’s first private regional airline China Express Airlines doubled its full-year net profit in 2019, citing strong demand for domestic travel between third- and fourth-tier cities.

Prospects for the survival of South African regional carrier SA Express appear less likely after officials charged with resurrecting the cash-strapped airline applied for it to be put into liquidation.