Aviation Daily Roundup: June 23
June 23, 2020
Credit: Textron Aviation
Citation

U.S. Carriers Seek $10B In New Financing This Week
Credit: Rob Finlayson
U.S. airlines continue to raise funds at a breakneck pace, with plans to tap Wall Street for close to $10 billion in new financing this week.

Potential Investor Emerges For South Africa’s Comair
Credit: Kulula
South African carrier Comair has received a non-binding expression of interest from a potential investor, which could support the airline’s plan for a Nov. 1 relaunch.

Daily Memo: Routes To Recovery
Credit: Rob Finlayson
Europe’s LCCs are operating the first of their post-shutdown flights as Europe’s summer season gets underway.

Dubai To Reopen For International Passengers
Credit: Emirates Airline
Dubai, the home base of Emirates Airline, will reopen fully to foreign travelers July 7, the emirate announced June 21.

Mixed Modifications Market
Despite cabin retrofits being hit hard last year due to airline cutbacks, spend on interior equipment and furnishings will still account for the largest share of the segment at 41%. The PTF market, which has seen several passenger aircraft become freighters, will account for 9% of Europe's modifications segment, according to Aviation Week data.

Airlink Seeks To Block SAA Rescue Plan, Liquidate Flag-Carrier
Credit: Joe Pries
South African regional and commuter carrier Airlink has applied to the country’s High Court to block plans to put a rescue scheme for South African Airways (SAA) to a creditors’ vote this week.

French Airlines Warn Of Recovery Phase Risks
Credit: Joe Pries
French airlines have warned that after months of COVID-19-related shutdown, the gradual recovery of the air transport sector may prove fatal for some carriers.

EU, Japan Agree To Closer Aviation Cooperation
Credit: Thierry Monasse / Getty Images
The European Commission (EC) and Japan have signed a bilateral civil aviation safety agreement (BASA) to simplify processes and increase trade between the two sides.

Hong Kong Airport Authority Secures $4.5B Loan From 21 Banks
Credit: Hong Kong Airport Authority
The Hong Kong Airport Authority (HKAA) has signed a five-year HK$35 billion ($4.5 billion) loan with 21 local and international banks to fund its Three-Runway System (3RS) project and other capital expenditures.

Cargo Operator DHL Express To Boost Mideast Fleet
Credit: DHL
Growing demand for freight capacity has led cargo specialist DHL Express to increase its Middle East and North Africa (MENA) fleet with the addition of two Boeing 767-300Fs.
A daily roundup of air transport news.
Get regular analysis and insights from Aviation Week Network’s award-winning editorial and data teams on technology and business advances impacting the global aviation, aerospace and defense industries
Not a subscriber? Sign up here.