Orient Aviation’s Week in the Asia-Pacific
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China bans foreigners, restricts international flights
China has closed its borders to foreigners and imposed new restrictions on airlines operating international flights as it battles a second wave of coronavirus infections from those travelling into the country. Read More »
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Yesterday the Singapore Airlines Group (SIA) announced it had secured S$19 billion (US$13 billion) in funding to see it through the COVID-19 crisis from the country’s sovereign wealth fund ($15 billion) and Singapore's largest bank, DBS Group ($4 billion). Read More »
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All Nippon Airways [ANA] has unveiled a new raft of flight changes across its domestic and international networks due to the coronavirus pandemic. Read More »
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Virgin Australia (VA) said this week it would temporarily stand down about 80% of its 10,000-strong workforce and suspend operations at its low-cost carrier (LCC), Tigerair Australia, to cut costs in a market decimated by the coronavirus pandemic. Read More »
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Australia imposes compulsory supervised quarantine on all returning citizens and residents
In the past week, the Australian government has banned foreigners from entering Australia and issued a “do not travel” advice to those in the country. Read More »
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IATA stresses importance of cargo
The International Air Transport Association (IATA) said urgent government action is required to remove key obstacles to ensure important cargo operations remain open, efficient and effective in the fight against the coronavirus pandemic. Read More »
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IATA revises upwards estimate of expected losses from COVID-19 at region’s carriers
Airlines of the Asia-Pacific are expected to experience a US$88 billion reduction in revenue in calendar 2019 as the coronavirus pandemic plunges the global economy into recession, figures from the International Air Transport Association (IATA) show. Read More »
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Hong Kong offers new tranche of support
Hong Kong has announced a fresh HK$1 billion (US$129 million) rescue package to soften the blow of the coronavirus pandemic on airlines, airport tenants and staff. Read More »
Short Takes
Airbus CEO, Guillaume Faury, said in a regulatory filing on March 23 the company had withdrawn guidance for 2020 due to the volatile situation brought on by the coronavirus pandemic. Read More »