Coronavirus could wipe out nearly 40 per cent of passenger traffic in 2020, according to an economic bulletin published on 1 April by Airports Council International.
The International Air Transport Association (IATA)'s data for cargo industry growth across February 2020 paints a bleak picture for air freight markets.
Boeing is facing an unpredicted challenge in maintaining its schedule of returning the 737 Max to service with airlines around the world.
Rolls Royce is facing the brunt of the growing aviation crisis as, the engine maker has seen 50% of its revenue vanish almost overnight, as airlines and aerospace builders stop placing aircraft orders and stop paying rent on engines.
China's commercial aviation sector has made a remarkable recovery in the face of unprecedented travel restrictions.
Dubai’s Crown Prince Sheikh Hamdan bin Mohammed has tweeted that the government is planning to inject equity into the carrier to see it through the current coronavirus pandemic.
