Latest News: Aviation
Chinese aviation sector lost $5.6 bn in first quarter
Thursday April 16, 2020
(ATF) China’s aviation industry suffered a severe impact from the coronavirus pandemic – a cumulative loss of 39.8 billion...
US Treasury, airlines reach deal on financial aid
Wednesday April 15, 2020
US Treasury Secretary Steven Mnuchin and major US airlines reached an agreement on financial assistance on Tuesday amid the coronavirus pandemic, aiming...
Airbus cuts production of planes by a third
Thursday April 9, 2020
European aircraft manufacturer Airbus said on Wednesday it had cut production of its planes by around a third, as...
Most airlines will be bankrupt by May, industry body warns
Monday March 16, 2020
(ATF) – The Centre for Aviation (CAPA) has warned that most airlines in the world will be bankrupt if...
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