A half-dozen business and general aviation groups are urging U.S. Congress to extend Covid-19-prompted aviation excise tax relief for commercial operators to non-commercial operators as well.
The Coronavirus impact on the aviation Industry
Apr 15, 2020 - 4:50 PM
The outbreak of Covid-19 is changing the way pilots need to assess their fitness for duty because now they are now not only responsible for determining their own situation, but how their health might affect others, according to Dr. Paulo Alves, global director of aviation health for MedAire.
Apr 15, 2020 - 4:05 PM
Even as airline passenger traffic falls to a small fraction of its 2019 levels due to the Covid-19 pandemic, air cargo transport remains vital to keeping the world’s economic engine from completely stalling. In fact, air freight demand has hardly fallen with the need for coronavirus-related supplies such as medical equipment and food shipments to places where processing plant closures have created a shortage, for example.
Apr 15, 2020 - 2:19 PM
With all aspects of the business aviation industry feeling the economic effects of the Covid-19 pandemic, the National Air Transportation Association (NATA) has issued a white paper on recommended practices for airport sponsors and commercial aviation businesses with regard to lease issues.
Apr 15, 2020 - 12:37 PM
Asian Sky Group’s (ASG) recent regional industry survey underscores the harm wrought by the Covid-19 pandemic, with 90 percent of respondents saying their businesses have been affected and 75 percent saying their fiscal goals are now unknown or unachievable.
Apr 15, 2020 - 12:20 PM
MRO provider and charter operator Aero-Dienst is providing ferry flights, using its charter fleet, for customers who have their aircraft serviced at its Nuremberg, Germany facility, the company announced this week. Under the offering, Aero-Dienst will provide transport using its Bombardier Learjet 45XR and 60 and Challenger 300 and 650 jets from its Nuremberg location to return flight crews to a maintenance customer’s home base.
Apr 15, 2020 - 10:20 AM
With the Covid-19 pandemic showing no signs of a quick easing, business aircraft could be parked longer than their owners and operators originally expected. What may have first been anticipated as a temporary interruption lasting a few weeks has evolved into a situation where a company’s multi-million-dollar asset could be sitting for several more months or even longer. That has given rise to the need for owners and operators to understand that parking an airplane for a period of time goes well beyond towing it into a hangar and putting covers on the engines and pitot tubes.
Apr 15, 2020 - 9:46 AM
King Aerospace is seeing steady demand for its VVIP and special-mission services despite the global industry slowdown. However, the Addison, Texas-based company has taken precautions as it proceeds with its business.
“Our facilities are full of aircraft to be serviced and we’re pushing out as many proposals as ever,” said King Aerospace president Jarid King. “That’s not to say it’s business as usual, though. We take every day as it comes and adjust as we need to.”
Apr 15, 2020 - 9:34 AM
Ten U.S. carriers have agreed in principle to participate in the Treasury Department’s Payroll Support Program, part of the Coronavirus Aid, Relief and Economic Security (CARES) Act that allows for a mix of grants and guaranteed loans to the country’s airlines in return for agreements to maintain staffing and pay rates, U.S. Treasury Secretary Steven Mnuchin confirmed on Tuesday.
Apr 15, 2020 - 9:13 AM
ACI Jet has developed a program to help facilitate a return-to-service for Bombardier Globals and Challengers, as well as Cessna Citations, that have sat on the ground for an extended period during the Covid-19 crisis and will require de-preservation. The mobile return-to-service program, which ACI Jets dubs mRTS, includes 10 percent reduced labor rates for inspections and maintenance required to return aircraft to service.
