The closure of many countries air space and the general lack of demand has led to the cancellation of a number of flights from all corners of the world. Because of this many countries are operating charter or special flights to bring their stranded citizens back home. Air India and the India air force operated multiple flights to China, Iran, …

With the rapid spread of the coronavirus pandemic, airlines have experienced the largest demand shock in history. Overnight demand has evaporated and each passing day brings with it news of airlines grounding entire fleets. International markets are shut and for India’s airlines, contrary to the narrative that domestic demand will help mitigate the impact, the situation is actually worse. This …

Boeing has announced that it will suspend all aircraft production at their factories in the Puget Sound area in Washington, USA. The shutdown is due to the prevailing state of emergency declared in Washington and due to the continuing spread of the Covid-19 virus. Boeing is reducing operations today and will shut down on 25 March 2020. The shutdown will …

The Indian government has ordered a shut down of all passenger flights into and within India. On the heels of suspending international flights, all domestic scheduled commercial flights are to cease operations effective 23:59 hours IST (UTC+5.5) March 24, 2020. Flights have to land at their destination before this deadline. There is no re-start date announced at this time, but …

As of this writing, forty airlines across the globe have announced a complete grounding of their fleet. Others ranging from Emirates and Lufthansa to AirAsia, Qantas and AirFrance-KLM are cutting capacity to as high as 90%. Massive layoffs, bankruptcies and airline shutdowns are likely. All this havoc driven by a particle that is one-billionth of a meter (a nanometer) in …

As the Coronavirus impact spreads and airlines prepare to brace for impact, the airline industry is facing its gravest challenge yet. Casualties have started. FlyBe – the largest regional airline in the UK has already ceased operations after an unsuccessful buyout and attempted turnaround. Other airline failures are all but certain. Forecasts from various industry quarters including IATA estimate a …

As the coronavirus continues to spread it is wreaking havoc on the airline industry. With 95,484 confirmed cases and 3,286 deaths, a vaccine and cure are yet to be found. Each day new cases are reported and air travel continues to be impacted. Forecasts from various industry quarters including IATA estimate a drastic decline in demand. Losses emanating from this …