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Category: Airlines

IATA criticises lack of action from South American governments
Airlines

The International Air Transport Association (IATA) has criticised Latin American governments for a lack of action and assistance for airlines as the coronavirus continues to devastate the industry. The group is also questioning when the sector will return to pre-virus strength and whether all carriers will survive the pandemic. Peter Cerda, IATA’s vice-president for Latin

Airline debt could rise to $550bn by year-end, IATA warns
Airlines

The International Air Transport Association says that there are still large gaps in the financial aid needed to help airlines to survive.

USAF announces first successful wet run of ‘arsenal plane’ concept
Airlines

The US Air Force has indicated in recent days that a new cruise missile delivery method has been successfully trialled. According to a statement released by the Air Force Research Laboratory and Air Force Special Operations Command (AFSOC) on 27 May, the agency has successfully tested the release of cruise missiles from the cargo ramp

Key European carriers to begin rebuilding networks
Airlines

Several key European carriers have announced plans to resume service over the months to come. Austrian Airlines and Brussels Airlines – both of which are subsidiaries of Germany’s Lufthansa – have been grounded since mid-March. As of 15 May, however, both will resume short-haul services to a number of capital cities spread across Europe. Austrian

S&P relegates Rolls-Royce to junk status
Airlines

Standard and Poor’s has slashed the credit rating of British engineering manufacturer Rolls-Royce to junk on Thursday evening. The company cited the effects of the coronavirus pandemic on the manufacturing industry, with spillover effect for the already-struggling aviation sector. “Actions to contain the pandemic, including government-imposed social distancing measures, travel restrictions, and stay-at-home orders, have

Airport lockdown confusion causes Eurowings flight to U-turn
Airlines

A Eurowings flight from Dusseldorf to Sardinia, carrying just two passengers, was forced to return home mid-air because its destination airport was closed due to a coronavirus lockdown.

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