Cargo Props Up Major Taiwan Carriers As Losses Continue
Credit: Joe Pries
After some signs of a passenger recovery in July and August, demand again slipped in September as Taiwan’s China Airlines and EVA Airways both posted third quarter losses despite marginal operating profits.
Norwegian Shrinks Capacity To Six Aircraft After Q3 Loss
Credit: Norwegian Air Shuttle
Norwegian Air Shuttle plans to further cut capacity, leaving only six aircraft from its 140-strong fleet in operation, citing travel restrictions and Norway’s decision not to provide any more financial aid to the low-cost long-haul carrier.
Air Canada Works With Pilots On Converting 767s To Freighters
Credit: Joe Pries
Air Canada is joining many commercial airlines worldwide to blunt dismal revenue performance by strengthening cargo operations, and now the airline is seeking approval from its pilots to convert a number of 767s to a permanent, all cargo configuration.
FAA Poised To Finish 737 MAX Review ‘In The Coming Days’
The FAA plans to wrap up its review of Boeing’s proposed 737 MAX changes “in the coming days,” clearing the way for airlines to begin software modifications and pilot training needed to get the grounded model back into revenue service, FAA Administrator Steve Dickson said.
AerCap Sees Active Sale-Leaseback Market In Early 2021
AerCap, its cash flow increasing as deferral requests slow down, is set to reap the benefits of a more active sale-leaseback market from airlines that survive the next few months and emerge looking to take new aircraft deliveries as the pandemic’s effects wane, AerCap CEO Aengus Kelly said.
Daily Memo: No Quick Resolution For WTO Subsidy Spat
Credit: World Trade Organization
Do not expect a quick and obvious settlement to the large commercial aircraft subsidy dispute between Airbus, Boeing, the EU and the U.S. at the World Trade Organization just because Joe Biden is the expected winner of the recent election for U.S. president.
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