Aviation Daily Roundup: August 12

Airlines continue to seek short-term relief from lessors, but the number of requests is dwindling, and most are meeting payment obligations, senior leasing executives report.

With no finance minister helming the ministry, Thai AirAsia and six other airlines are hoping to go straight to the top and meet with Thai prime minister Prayut Chan-o-cha regarding government assistance.

Hong Kong-based Cathay Pacific has revealed new details of significant aircraft delivery deferrals, although the carrier has so far not canceled any of its extensive order backlog.

Chinese domestic airline activity has virtually recovered to its 2019 level as airlines have laid on more capacity than is profitable, apparently to promote a revival in tourism and business travel.

German cabin crew union UFO is recommending its members accept a preliminary crisis deal reached with Lufthansa to avoid forced redundancies despite major uncertainties about the details.

Vietnam Airlines is in the process of securing a VND4 trillion ($171.8 million) government loan as well as another VND8 trillion in charter capital increases as the flag-carrier predicts a VND15.1 trillion loss for 2020.

Sky Airline is pushing ahead with plans to expand its international network from Peru despite lower passenger demand as a result of the COVID-19 crisis.

Mesa Airlines managed to eke out a $3 million net profit in the 2020 second quarter (Q2), as fixed payments from major airline partners helped the carrier overcome a historic air travel slowdown caused by the COVID-19 pandemic.

Domestic passenger traffic in Norway is recovering steadily from the depths of the COVID-19 pandemic, although international travel remains a shadow of its former self.

Icelandair said it has completed agreements with all its creditors and reached a final settlement with Boeing on the impact of the grounding of the Boeing 737 MAX.