Business jet traffic over the Christmas holiday period was down 11% compared to a year ago, peaking at 12,000 daily flights on Dec. 23, according to WingX Advance data.

A recovery is expected to start this year but the French aerospace industry is still in the middle of its endeavor to save jobs and skills, showing solidarity and exploiting state aid programs.

Swiss International Air Lines (SWISS) is planning to fly 50% of its pre-COVID-19 traffic volumes in the summer season and hopes long-haul routes will play a crucial part in its recovery.

Ryanair cut its traffic forecast for the financial year to March 2021 and said it would reduce its flight schedules from later in January. 

Malaysia Airlines appears to be inching closer to gaining approval from creditors for its sweeping debt restructuring plan.

Norwegian Air Shuttle said it was operating nine aircraft after “positive” Christmas bookings, representing a small improvement in its activities from the six aircraft it had been operating in previous weeks.

The COVID-19 crisis has dented Airbus’ and Boeing’s growth trajectories and boosted China’s quest to become an aerospace powerhouse.

Management insists permanent structural change is needed whereas unions try to return to pre-crisis labor conditions as soon as possible.