Aviation Daily Roundup: June 4
Lion Air To Suspend All Flights Indefinitely
Credit: Lion AirIndonesia’s largest low-cost airline Lion Air will suspend all flights from June 5 citing poor passenger carriage as travelers struggle to fulfill the strict requirements needed to fly after movement control restrictions were lifted.
Emirates Could Keep Entire A380 Fleet, Clark Says
Credit: Rob FinlaysonEmirates Airline sees a place for all of its Airbus A380s in its future fleet plan, but their status is directly tied to how quickly demand bounces back once the COVID-19 pandemic has subsided, Emirates president Tim Clark said.
Asia-Pacific Market Update
Credit: Air New ZealandWelcome to Routes’ look at how the Asia-Pacific aviation market is recovering from the COVID-19 pandemic. Routes is part of the Aviation Week Network.
Austrian Airlines, SWISS Q1 Results Stung By COVID-19
Credit: SWISS International AirlinesLufthansa subsidiaries Austrian Airlines and SWISS International Air Lines (SWISS) have both suffered substantial losses for the 2020 first quarter (Q1) following the outbreak of COVID-19.
Cowen: U.S. Pilot Workforce Overstaffed By 20%
Credit: American AirlinesA pair of Cowen & Co. analysts predicted U.S. airlines will shrink their pilot workforces by 20%, a target they said could largely be achieved through voluntary measures alone.
European Commission May Ask Italy To Rethink Alitalia Relaunch Plan
Credit: Rob FinlaysonItaly may have to review the plan to nationalize and relaunch Alitalia if the proposal does not obtain European Commission (EC) approval, Italian media reported.
South Africa’s Comair Unlikely To Fly Before November
Credit: KululaPrivately owned South African carrier Comair, which operates LCC kulula.com and franchise flights for British Airways (BA), is in talks with six potential investors while eyeing a domestic relaunch by Nov. 1 with a downsized fleet.
U.S. Airlines Regain Access To China In Amended CAAC Rules
Credit: Joe PriesU.S. airlines have regained access to the international Chinese market in a revision of regulations that China issued a day after its own access to the U.S. market was threatened.
Qantas Ramps Up Domestic Network, Restores More Workers
Credit: Rob FinlaysonQantas is looking to significantly expand its domestic network, as demand in its home market increases as travel restrictions loosen.
Wizz Air Records Net Profit, Outlook Depends On Summer COVID-19 Restrictions
Credit: Wizz AirWizz Air reported an underlying net profit of €344.8 million ($385 million) for its fiscal 2020 which ended March 31, slightly behind its forecast of €350-355 million.
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