Monthly Archives: March 2020

Chancellor Sunak rules out support for UK aviation sector

The UK chancellor has ruled out government help for struggling airlines, at least in the short term. Having previously pledged to work with carriers to overcome the financial difficulties created by the coronavirus pandemic, Rishi Sunak has now advised airlines to find other forms of funding. Demand for tickets has collapsed forcing companies to ground […]

Korean Air leadership takes pay cuts, looks for further asset sales

All Korean Air executives will forgo part of their salaries in response to the worsening business environment due to the Covid-19 virus outbreak. Korean Air announced that salaries of its executive vice presidents and above will be reduced by 50 per cent senior vice presidents by 40 per cent, and managing vice presidents by 30 […]

American Airlines adds cargo capacity to Europe

American Airlines is utilising its currently grounded passenger aircraft to move cargo between the United States and Europe. The first cargo-only flight departs from Dallas Fort Worth International Airport today, headed for Frankfurt Airport. The Boeing 777-300 will operate two round trips between DFW and FRA over the course of four days, carrying only cargo […]

RwandAir to ground all flights until mid-April

Following instructions from the Rwandan ministry of health, RwandAir will temporarily suspend its commercial passenger flights. The move comes as the country takes further measures to help the global fight against Covid-19. The grounding will apply for a period of 30 days, beginning today, and affect all scheduled RwandAir flights departing from and arriving in […]

Norway offers bailouts to domestic airlines

The government of Norway has moved to support the flatlining aviation sector in the country, offering more than US$550 million in bailout funds. Some US$250 million will be directed at embattled budget operator Norwegian. The low-cost carrier said earlier this week it would be forced to layoff 90 per cent of its staff and cancel […]