Used-Parts Market Presents Mix Of Opportunities

Credit: HeicoAn expected surge in used serviceable materials (USM) poses a risk to new-parts sales, but structural fundamentals in global fleets and customer preference should limit the downside for many parts suppliers even as opportunities for used-parts specialists increase.

Switzerland To Levy Airline Ticket Tax

Credit: Rob FinlaysonSwitzerland decided on June 10 to impose a new airline ticket tax ranging from CHF 30 ($32) to CHF 120 ($128) depending on the booking class and the distance of journey for each departure.

FAA Recommends Boeing 777 Autothrottle Wiring Repair

Credit: Nigel Howarth / AWSTThe FAA is urging Boeing 777 operators to modify wiring to eliminate the risk of uncommanded throttle advances while aircraft are on the ground.

European Commission Approves Financial Aid For Finnair, TAP

Credit: Nigel Howarth / Aviation WeekThe European Commission has approved plans by the Finnish and Portuguese governments to give financial support to their respective national airlines amid the ongoing pandemic.

Air Transat Plans July 23 Service Resumption

Credit: Air TransatAir Transat plans to resume flights on July 23, gradually rolling out a network of 22 destinations in the Caribbean, Europe, Latin America, the U.S. and within its home market, parent company Transat A.T. said June 11.

Delta Expecting 90% Revenue Decline In June Quarter

Credit: Rob FinlaysonDelta Air Lines estimates total revenues for the quarter ended June 30 fell 90% from last year, offering a preview of what will likely be the biggest loss-making quarter in airline industry history.

UK Government Formalizes Guidance For Air Industry, Passengers

Credit: London Heathrow AirportThe UK government has formally issued its guidance governing passengers, airports and airlines as air travel starts to awaken from its COVID-19-induced hibernation.

Air Namibia Should Close, Says Country’s President

Credit: Rob FinlaysonThe president of Namibia has said that the country’s national carrier should be wound up because of its persistent financial losses.

Latest Spirit AeroSystems MAX Cuts Likely To Slow Ramp-Up Further

Credit: Spirit AerosystemsAerostructures giant Spirit AeroSystems, the leading supplier to the Boeing 737 MAX program, is furloughing more workers after the OEM recently told it to cut output further. Spirit now expects to produce less than half of the original number of fuselages planned this year.

Air Canada CEO Calls On Government To Ease COVID-19 Travel Restrictions

Credit: Rob FinlaysonAir Canada CEO Calin Rovinescu is pushing the Canadian government to rethink COVID-19-related travel restrictions, calling the current protocols “disproportionate” and “stifling.”

Daily Memo: 'Big 3' U.S. Carriers Chart Diverging Recovery Paths

Credit: Joe PriesThe “Big 3” U.S. carriers are restoring summertime capacity at an uneven rate, highlighting sharp differences in network composition and overall COVID-19 pandemic recovery strategy.