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Tag Archives: shutdown

Any bailout of airlines must also force structural reforms

With the rapid spread of the coronavirus pandemic, airlines have experienced the largest demand shock in history. Overnight demand has evaporated and each passing day brings with it news of airlines grounding entire fleets. International markets are shut and for India’s airlines, contrary to the narrative that domestic demand will help mitigate the impact, the situation is actually worse. This …

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Boeing to suspend production in Washington

Boeing has announced that it will suspend all aircraft production at their factories in the Puget Sound area in Washington, USA. The shutdown is due to the prevailing state of emergency declared in Washington and due to the continuing spread of the Covid-19 virus. Boeing is reducing operations today and will shut down on 25 March 2020. The shutdown will …

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