Well before the coronavirus pandemic upended the aviation industry, Rick Malczynski had been scheduled to perform an audit of the McDonald’s flight department. As founder and president of auditing firm Business Aviation Safety Consortium (BASC), Malczynski had planned to travel to the flight department in Illinois to perform the audit, which usually takes a day and a half.
The Coronavirus impact on the aviation Industry
Part 135 operator Waltzing Matilda Aviation (WMA) is beginning to see a rebound in charter demand following what it calls a “substantial” pick up in business last week. The Bedford, Massachusetts-based aircraft management company said it is fielding up to 50 charter inquiries a day, compared with five to 10 a day just a few weeks ago.
Germany is set to become Lufthansa’s largest shareholder after the country’s Economic Stabilization Fund (WSF) approved a €9 billion ($9.8 billion) financial support package for the company.
When Jonathan Bousfield, the CEO of Acropolis Aviation, signed his company on as the launch customer for the Airbus ACJ320neo five years ago at EBACE, like everyone he had no idea what the world would look like when it was scheduled to enter service in 2020. But given the current Covid-19 pandemic and its subsequent chilling effect on air travel, the aircraft that is intended to be the last word in private VVIP charter has had a somewhat inauspicious debut.
Latam Airlines Group and its affiliates in Chile, Peru, Colombia, Ecuador, and the U.S. filed for Chapter 11 bankruptcy protection on Tuesday, making Latin America’s largest airline company the latest casualty of the Covid-19 crisis. The filing does not include affiliates in Argentina, Brazil, and Paraguay.
The move marks the second airline bankruptcy in South America in a little more than two weeks, following a similar Chapter 11 filing by Colombia’s Avianca on May 10.
Citing the ongoing effects from the Covid-19 pandemic, Citiking International US LCC filed its opposition last week to an attempt by the unsecured creditors committee (UCC) in the Chapter 11 bankruptcy case of One Aviation to force the Albuquerque, New Mexico-based aircraft manufacturer into liquidation. Eclipse Aviation and Kestrel Aircraft merged in 2015 to form One Aviation.
Germany-based Lilium is preparing to resume flight testing with a second demonstrator example of its all-electric Lilium Jet eVTOL aircraft once restrictions imposed in response to the Covid-19 pandemic are eased. A small contingent of the company’s engineering team is currently able to work on the aircraft at its headquarters near Munich and a spokesman told AIN that it hopes changes to social distancing rules will permit flight tests to restart in “a few months.”
Airbus plans to wrap up production of the A380 “by 2021,” heralding the beginning of the end of a sort for the superjumbo. The increasingly undesirable economics of the big quadjet, which entered service for the first time with Singapore Airlines in October 2007, had already begun to force it out of favor with its biggest operators, most notably the carrier that flies roughly half the world fleet—Dubai’s Emirates.
Global business aviation traffic is down by 55 percent year-over-year as the industry continues dealing with the headwinds posed by the Covid-19 pandemic, according to the latest statistics released on Thursday by data provider WingX. In its weekly Global Market Tracker, the company noted that the 113,000 legs flown thus far in May stands in contrast to the 254,000 a year before. On average, 2,600 business aircraft were active each day in May, representing 44 percent of the number usually deployed.
The UK on Friday introduced requirements for almost everyone arriving in the country from June 8 to be quarantined at a nominated address for 14 days. The rule, which will apply to airline passengers, but also people arriving by train, road, and ship, has been roundly criticized by the country’s air transport lobby, with the Airlines UK saying that it will “effectively kill” international travel to and from the country.
