Aviation Daily Roundup: Dec. 19

Cebu Pacific Finalizes Order For A320neos, A321XLRs

Credit: Airbus

Philippine LCC Cebu Pacific announced in a stock exchange filing that it has signed a purchase agreement with Airbus for 10 Airbus A321XLRs and five A320neos.

Airbus Offers Touch-Screen Displays On A350

Credit: Airbus

Airbus is introducing touch-screen displays in A350 cockpits in an effort to improve handling of the electronic flight bag (EFB).

Authorities Approve Malaysia Airlines-JAL Joint Venture

Credit: Rob Finlayson

Malaysia Airlines Bhd. (MAB) and Japan Airlines (JAL) are set to launch a joint venture (JV) on routes between their countries in 2020, after gaining approval from regulators.

CAAC Set To Approve New Central China-Based Freight Carrier

Credit: Boeing

Chinese authorities have moved to approve operations by Zhongzhou Airlines, an intended freight carrier to be based in central China.

European Market Leads Chinese Long-Haul Travel Growth

Credit: Boeing

European destinations are leading expansion in long-haul travel to and from China as growth in the North America market plummets, figures from China’s dominant aviation IT company show.

Kenya Airways Issues Profit Warning; Cites Competition, Reporting Rules

Credit: Rob Finlayson

Nairobi-based Kenya Airways has warned that its full-year earnings are expected to drop by more than a quarter because of financial reporting changes, tough competition and lower yields.

Philippine Airlines

Like Malaysia, Philippine Airlines also operates six of the aircraft type.

Credit: Rob Finlayson

Boeing Credit Ratings Bruised By MAX Halt, But Still Strong

Credit: Boeing

Days after Boeing announced a production halt of the 737 MAX, the three major U.S. credit rating agencies have turned slightly negative on the manufacturer with new outlooks that stress growing demands on the company’s credit access and softening cash prospects.

Uncertain Times For Boeing 737 MAX Suppliers

Credit: Spirit Aerosystems

Following Boeing’s announcement that it would temporarily halt production of the 737 MAX, its large and small suppliers are assessing the potential impact to their operations.

Wizz Air Shifts Financial Executive Management Structure

Credit: Rob Finlayson

Central and Eastern European LCC Wizz Air has announced two finance department changes, which will see existing CFO Iain Wetherall becoming chief investment officer and aviation industry newcomer Jourik Hooghe joining the airline as EVP and group CFO.

Lessor SMBC Completes First Lease Transactions On New Platform

Credit: Aviation Working Group

Ireland-headquartered SMBC Aviation Capital said it has become the first lessor to sign aircraft operating leases using the Global Aircraft Trading System (GATS), an electronic platform that aims to simplify aircraft transactions.

Norwegian San Francisco Operations Consolidation Nears Completion

Credit: Source: Norwegian Airline

LCC Norwegian is moving towards completing the transfer of its flights serving Oakland International Airport (OAK) to San Francisco International Airport (SFO) for the summer 2020 season and beyond, citing higher levels of business from the larger airport.

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