Finnair is state-controlled, with nearly 56% of the carrier owned by the government. Although the measure still requires Finnish parliamentary consent, the government has provisionally agreed to provide a state guarantee of up to €600million.

Finnish minister Tytti Tuppurainen, says “the government is a responsible owner and the situation is such that the state must support Finnair. We want to make sure that Finnair’s operations are not interrupted.”

Finnair chief executive Topi Manner says the air transport industry is dealing with the “biggest crisis” in its history.

“With the state guarantee, Finnair aims ... »

In this time of global uncertainty in the aviation and transportation industry, the Aerospace Logistics Group would like to assure you that our members are open for business and stand ready to serve your needs. Each and every member is staying up to date on the COVID-19 situation and is adjusting to any and all government mandates.

As coronavirus hits, passenger numbers and bookings plummet as countries close their borders and holidays makers cancel trips.

These travel restrictions and the big decline in demand as a result of the coronavirus pandemic is forcing airlines to lay off staff and cut more flights.

Ryanair is to ground the majority of its fleet, and says a full grounding of its planes “cannot be ruled out”. British Airways owner IAG is planning to cut capacity by at least 75% in April and May. EasyJet also said it may also have to ground most of its planes ... »

China’s industrial output contracted at the sharpest pace in three decades in the first two months of the year, official data showed today.  This comes as strict measures to contain the coronavirus  disrupted the world’s second-largest economy.

While China’s number of new coronavirus infections has dropped sharply, analysts warn it could take months before the economy returns to normal.

There are fears that a global recession will slash demand for Chinese goods with the virus spreading around the globe.

The budget airline, Norwegian Air has temporarily laid off about half of its staff because of the corona virus outbreak after having had to cancel about 4000 flights.  The company employs 1200 staff in UK.

The airline has decided to ground 40% of its long-haul fleet and cancel up to a quarter of its short-haul flights. The number of cancelled flights may increase after the end of May.

Its boss said new restrictions on travel between the US and mainland Europe put “extra pressure on an already difficult situation”. Jacob Schram, chief executive of Norwegian, said this was “... »

A global airline industry body has recently warned that the financial hit from coronavirus could reach $113bn (£87bn) this year. This unwelcoming prediction came on the same day UK-based Flybe went into administration. It could be the start of more causalities as passengers cancel their flights. Demand has plummeted, not just from holidaymakers, but from corporate travel as firms restrict business trips for employees and conferences are postponed.

‘Airlines could lose $63bn to $113bn in revenue from the slump in passenger traffic globally this year, the International Air Transport Association (IATA) said’. In February, it had predicted ... »

A few months ago we commenced on our rebranding journey; this has been a challenging and stimulating time for us and we have now reached the most exciting moment of this journey. This is part of a holistic project incorporating new software for our logistics and administration teams, as well as for our customers.

Thanks to the feedback of our many loyal customers who have constantly supported us for many years, the new website has been designed to be more accessible and more user friendly. Although the previous website had been running for just four years, we ... »

With many carriers cancelling flights to China, solutions for getting shipments into and out of the country are becoming limited.

Speak to us, our partners in Hong Kong are providing us their support in making use of their HKG gateway for NFO (next flight out)/hand carry solutions. Always one step ahead of the game.

The UK left the EU on 31 January but the end of the transition period is 31 December 2020. Changes to EU-UK transport will first take effect on 1 January 2021. Negotiations between the EU & the UK will commence in March 2020.

We shall be closely following these negotiations and shall be keeping our customers updated.