The Coronavirus impact on the aviation Industry

Aug 25, 2020 - 5:48 PM

American Airlines Says It Will Cut 19,000 More Jobs

Some 17,500 furloughs and 1,500 management firings will take effect on October 1 at American Airlines if the U.S. Congress does not extend Covid relief.

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Jan 27, 2021 - 11:01 AM

A travel ban issued by the Biden Administration barring entry for non-U.S. travelers who have been in the UK, Ireland, the EU’s Schengen Area, Brazil, China, or Iran within 14 days of their intended arrival was instituted this week in an attempt to limit the spread of more virulent strains of the Covid-19 virus. A similar ban will be imposed on South Africa-situated travelers starting this Saturday.

Jan 25, 2021 - 11:44 AM

On Friday, the Treasury Department began sending agreements to Part 135 carriers that applied for assistance under the second version of the Payroll Support Program (PSP) that Congress authorized late last year under the Fiscal Year 2021 Consolidated Appropriations Act, according to the National Air Transportation Association (NATA).

Jan 25, 2021 - 8:50 AM

The U.S. Centers for Disease Control and Prevention (CDC) has mandated that all air passengers entering the country starting tomorrow supply recent negative Covid-19 test results, and NATA held

Jan 21, 2021 - 12:39 PM

Airbus will slow a planned increase in A320-family production rates as it reacts to further demand pressure created by the Covid-19 pandemic, the company said Thursday. The expected gradual increase from the current rate of 40 A320s per month will now increase to just 43 per month in the third quarter and 45 in the fourth quarter, compared with the previously planned jump to 47 of the narrowbodies starting in July.

Jan 21, 2021 - 9:53 AM

Aero Friedrichshafen organizers have pushed off the Germany-based general aviation show until July 14 to 17, adding it to the growing slate of events that have been either postponed or canceled in the first half due to the pandemic.

Gulfstream G700
Jan 19, 2021 - 1:06 PM

While overall sentiment is up in Jeffries Equity Research’s 10th biannual business jet survey, the newly released report calls for 3.7 percent growth of new jet deliveries this year, down from its midyear 2020 prediction for a 6 percent increase. Based on responses from 102 business jet brokers globally, the survey’s sentiment index climbed by 1.7 points, to 6.6 on a 10-point scale, compared with 4.9 in June and a 5.7 rating a year ago.

Jan 19, 2021 - 10:24 AM

Global aviation services provider Luxaviation Group has achieved registration under the FlySkills Hygiene Certification, a set of defined health safety standards that have been validated by the Socotec Group, an international testing, inspection, and certification firm. The FlySkills program is aimed at FBOs and aircraft owners/operators to help them “achieve a safer, hygienic environment.”

Jan 19, 2021 - 9:24 AM

In an open letter to European Commission president Ursula von der Leyen, International Air Transport Association (IATA) director-general Alexandre de Juniac called on all branches of the European Union to support the idea of a common digital European Covid-19 vaccination certificate that would allow individuals to travel freely within Europe without Covid-19 testing.

Jan 18, 2021 - 12:12 PM

While the U.S. business aviation industry was boosted by a strong holiday season, it still finished 14.3 percent below the previous December’s tally, according to data released last week by Argus International in its latest TraqPak Aircraft Activity Report. The data provider noted that for the period of December 21 through the end of the year, flight activity actually exceeded December 2019 by 5.8 percent.

Jan 18, 2021 - 11:48 AM

Aviation industry stakeholders have been working with the Centers for Disease Control and Prevention (CDC) to iron out questions surrounding the agency’s order calling for all air passengers entering the U.S. to provide proof of a negative Covid-19 test or recovery of the virus beginning on January 26.