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CORONAVIRUS: UPDATE – Singapore Airlines to raise S$15 billion with help from state fund...
Singapore Airlines (SIA) said late Thursday (26 March) that it would raise at least S$15 billion (US$10.4 billion) in new funds using a mix...
CORONAVIRUS: IATA says airlines could lose US$252 billion in revenues
The International Air Transport Association (IATA) is now saying airlines globally could lose as much as US$252 billion in revenues this year due to...
CORONAVIRUS: Singapore Airlines guts capacity
Singapore’s flag carrier Singapore Airlines (SIA) announced Monday (23 March) that it was gutting its capacity by 96 percent because of strict border controls...
CORONAVIRUS: AAPA says industry in ‘crisis’ as governments work on bailout plans
The outgoing head of the Association of Asia-Pacific Airlines (AAPA) said Thursday (19 March) that the region’s aviation industry is facing a crisis like...
CORONAVIRUS: IATA says global aviation industry could need US$200 billion in aid
The head of the International Air Transport Association (IATA) said Tuesday (17 March) that airlines around the world may need as much as US$200...
CORONAVIRUS: Aviation world faces existential crisis as commercial traffic plummets worldwide
The aviation world is facing an existential crisis like never before as the COVID-19 coronavirus sweeps across the globe, infecting nearly 200,000 people and...
ACI APAC says Q1 regional traffic may drop 24%
A leading trade group for airports said Monday (9 March) that airports in the Asia-Pacific region could see a drop in traffic of up...
UPDATED: IATA calls for worldwide suspension of slot rules
The lead trade body of international air carriers, the International Air Transport Association (IATA), is calling on global regulators to immediately suspend rules governing...
COVID-19: Fallout continues to spread through aviation industry as death toll passes 3,000
The global aviation industry continues to feel the dire effects of the COVID-19 coronavirus with hundreds of planes parked or reassigned to different routes,...
Qantas to cut capacity after reporting flat earnings
Australia’s Qantas Group said Thursday (20 February) that it would cut capacity by 15 percent after reporting first-half earnings that were weaker than expected....
