25M jobs, nearly half in Asia Pacific, at risk with airline shutdown
Some 25 million jobs are at risk of disappearing with plummeting demand…
April 8, 2020
3 minute read
DPDHL withdraws 2020 earnings guidance due to pandemic-driven uncertainty
Deutsche Post DHL (DPDHL) has announced it is withdrawing its 2020 earnings…
April 8, 2020
3 minute read
Changi Airport to suspend Terminal 2 operations from May
Singapore Changi Airport will be suspending operations at Terminal 2 (T2) for…
April 6, 2020
2 minute read
ICAO to gov’ts: be flexible with validity of aviation certifications to ensure safe operations
The International Civil Aviation Organization (ICAO) is urging governments to be flexible…
April 6, 2020
2 minute read
COVID-19 crisis is aviation’s ‘darkest hour’—IATA
Global passenger demand in February 2020 fell 14.1% compared to February 2019,…
April 6, 2020
3 minute read
COVID-19 an ‘existential’ threat as airports face multi-billion dollar losses
The COVID-19 pandemic is an “existential threat” to the airport business and…
April 2, 2020
2 minute read
Cebu Pacific posts strong P9B earnings in 2019 on back of higher traffic
Low-cost carrier Cebu Pacific reported a net income of P9.123 billion in…
April 1, 2020
2 minute read
Airlines face $61B cash burn, $39B net loss in Q2
Air carriers could burn through US$61 billion of their cash reserves and…
April 1, 2020
2 minute read
HKIA sets new round of HK$1B relief aid for airport community
A HKD1 billion (US$129 million) relief package for the stricken Hong Kong…
March 30, 2020
2 minute read
US seaborne exports find new markets but fail to match lost volumes to China
Producers and manufacturers in the US have found new buyers for the…
March 30, 2020
3 minute read
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