Until recently, the world's leading aircraft manufacturers Boeing and Airbus were behind of their delivery schedules due to the high demand for their workhorse passenger planes such as the A320neo or 787 Dreamliner.
The United States has reignited its trade war with Airbus despite the coronavirus crisis, raising tariffs from 10 to 15 per cent on the European planemaker’s aircraft.
The US has announced it will be temporarily closing its border with Canada in an apparent mutual decision aimed at slowing the spread of the Coronavirus.
As the Coronavirus continues to decimate airlines around the world more cuts have been made overnight and into this morning.
Shares in US airlines endured a volatile day on the markets as businesses awaited the details of a potential government bailout.
Australia became the latest major country to significantly raise its international travel advice, as the world continues to lockdown.
