Cowen & Co. analyst Helane Becker believes U.S. air traffic is on track to recover to 1 million passengers per day by year-end, a modest improvement from current levels, but still a far cry from the 2.5 million travelers who flew each day in 2019.
For three months between Aug. 15 and Oct. 15, transit service at Hong Kong International Airport (HKG) will resume for passengers traveling inbound from mainland China, but not for outbound flights to mainland Chinese airports.
Energy company Phillips 66 has announced plans to convert its San Francisco refinery into the world’s largest renewable fuels plant, producing 800 million gal. a year of renewable diesel and gasoline as well as sustainable aviation fuel.
Embraer Commercial Aviation named Martyn Holmes as its new chief commercial officer Aug. 13 in the latest step of a sequence of leadership transitions at the Brazilian aircraft manufacturer following the departure of president and CEO John Slattery in May.
Airports Council International (ACI) World has published a “playbook” aimed at providing a simple summary of new airport security-focused guidance for mitigating risks amid the COVID-19 pandemic, the association said Aug. 13.
A leadership shuffle at the aerospace sector of Singapore Technologies (ST) Engineering will see deputy president Jeffrey Lam promoted from his current position to the role of president effective Oct. 1.
Average repayment periods for Fly Leasing customers have increased in recent months, but the number of lease-deferral requests is decreasing, and the company has revised its expected total deferral-related financial exposure downward.
GECAS has migrated 40 aircraft onto the electronic GATS platform.
As the outlook for corporate and international travel remains weak, United Airlines is hoping that the coronavirus pandemic will not dampen demand for warm weather leisure destinations in the U.S. this winter.
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