Air Canada said today that through its Air Canada Cargo division it has begun using its aircraft to operate cargo-only flights to Europe, with other flights planned for Latin America and South America. The aircraft on these flights carry no passengers but move time-sensitive shipments, including medical supplies to combat COVID-19, and goods to support the global economy....
IBAC is introducing an online webinar alternative to its program workshops, as well as offering a new temporary option for remote auditing to its International Business Aircraft Operations (IS-BAO) and International Business Aircraft Handling (IS-BAH) organizations as a result of COVID-19 limitations. Participating in one of the IS-BAO Fundamentals and Auditing workshops, typically p...
An Airbus A400M airlifter has performed an air-bridge between Toulouse and Madrid in order to deliver critically-needed mask supplies to the Spanish health system. The aircraft, known as MSN56 and operated by an Airbus crew, took off on 23rd March 2020 from Airbus’ headquarters in Toulouse at 18.07 local time (CET) landing at the Getafe Air Base (Madrid) at 19.05 to off-load and deli...
IATA updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry. Owing to the severity of travel restrictions and the expected global recession, IATA now estimates that industry passenger revenues could plummet $252 billion or 44% below 2019’s figure. This is in a scenario in which severe travel restrictions last for up to three months, foll...
The previously reported results for the short fiscal year 2019 (1 March - 31 December) are unchanged after completion of the audit. New orders worth USD 800 million will help offset impending market corrections. The general economic situation resulting from the COVID 19 crisis cannot yet be assessed. FACC is therefore adopting a comprehensive package of measures to protect the workforce, safeguard...
FAI has been working around the clock to help evacuate those in need following unprecedented demand from the spread of coronavirus. This includes both medical evacuations of infected patients and repatriation flights of unaffected healthy individuals from all corners of the globe. The company is currently operating at maximum capacity, averaging around six missions per day with its 10-strong...
UPS Flight Forward said it would collaborate with German drone-maker Wingcopter to develop the next generation of package delivery drones for a variety of use cases in the United States and internationally.UPS chose Wingcopter, a transport drone pioneer, for its unmanned aircraft technology and its track record in delivering a variety of goods over long distances in multiple international settings...
Fitch Ratings has affirmed PJSC Aeroflot’s long-term issuer default rating at “BB” as part of its annual review of the airline’s credit ratings. The outlook has changed from “stable” to “negative”. Fitch noted that the change in the outlook is due to the impact of COVID-19 on the Company's metrics “in 2020, which is consistent with a sim...
Reference is made to the press release by the Norwegian Government on 19 March 2020 regarding the financial measures to support the Norwegian airline industry and the subsequent stock exchange notice from Norwegian Air Shuttle ASA (the “Company” or “Norwegian”). Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a gu...
By Mark Briffa, CEO of Air Partner plc There is no doubt that this is an extremely worrying and challenging time for everyone, with far-reaching health, economic and societal ramifications. Governments and NGOs globally are working around-the-clock to limit the spread of COV-19, and a necessary part of this is the enforcement of some travel bans and restrictions. However, as more and more co...
Lufthansa Technik looks back on record year 2019. Revenue rose by 13 percent to EUR 6.9 billion. Adjusted EBIT grew by around eleven percent to EUR 493 million. The extent of the effects of the worldwide aviation crisis affecting Lufthansa Technik cannot yet be concretely foreseen, but the impact is already massive. Dr. Johannes Bussmann, Chairman of the Executive Board, said: &quo...
Hawaiian Airlines, in preparation for a 14-day government quarantine order for all Hawai‘i arrivals set to begin Thursday due to the COVID-19 pandemic, today announced it will maintain its regular flight schedule through Wednesday to allow guests to return home and to accommodate the repatriation of aircraft before finalizing significant reductions of its domestic and international pass...
