A survey from Gallup and Franklin Templeton of over 10,000 American recent flight passengers found 52% of respondents are not comfortable flying during the COVID-19 pandemic, suggesting that airlines’ efforts to persuade customers about the safety of flying have had limited success.
Ryanair will increase flights to more than 60% of its normal schedule throughout August following the “successful resumption” of services at the end of June.
FXAIR, described as a provider of “premium on-demand charter,” was formally launched in late July, several months earlier than planned, as its owner, Directional Aviation, restructures its global businesses to better respond to post-COVID-19 opportunities.
Lufthansa has blamed the “almost complete grounding of [the] global commercial aircraft fleet,” for losses at its maintenance arm in the second quarter.
A coalition of industry groups is seeking changes to the eligibility criteria of a treasury loan program created by the Coronavirus Aid, Relief and Economic Security (CARES) Act to help general aviation and regional airlines, which face “significant challenges” accessing the program because of liquidity issues, it says.
Russia’s largest airline group Aeroflot is to soon receive a massive cash injection from its major shareholder, the Russian government, through a rights issue.
The COVID-19 pandemic has led to a shift in the public’s perception of business jets away from a luxury product and to a safe and efficient alternative to commercial airlines, according to Asian charter operator Sino Jet.
Lufthansa Group said the collapse in demand for air travel following the outbreak of COVID-19 leaves it no choice but to start making redundancies in Germany and scrap 100 of its aircraft.
Vietnam Airlines will reportedly halve the pay of its pilots and cabin crew after the flag-carrier saw a 68% year-on-year (YOY) fall in revenue for the second quarter.
Boeing does not expect to issue more debt to raise funds at this time, the company’s chief financial officer said Aug. 5, but management will “keep all our options open” through the "dynamic" COVID-19 and 737 MAX crises .
Sixteen Republican Senators signed on to a letter urging the chamber’s leadership to extend the CARES Act Payroll Support Program (PSP) until March 2021, signaling growing bipartisan consensus that more aid will be needed to avert mass layoffs this fall.
Embraer will push back the planned entry-into-service date for its E175-E2 until 2023, as the Brazilian manufacturer contends with weak airliner demand in the wake of the COVID-19 pandemic.
Upping the ante from the successful “airport boarding” experience in July, Taiwan’s four carriers all launched flights-to-nowhere in line with Father’s Day celebrations on Aug. 8.
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
