Aviation Daily Roundup: August 13
Cowen Sees U.S. Air Traffic Hitting 1M Daily Passengers By Year-End
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.
Hong Kong To Permit One-Way Transit Service From China
Credit: Rob FinlaysonFor 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.
Cebu Pacific Optimistic About Improving Liquidity
Credit: Rob FinlaysonAlthough Cebu Pacific suffered substantial losses in the first half of 2020, the Philippine LCC predicts it will be able to secure enough extra funding to weather the COVID-19 crisis.
London City Airport Pauses Terminal Expansion Plans
Credit: London City Airport / TwitterLondon City Airport plans to pause its development program at the end of 2020 after completing parts of work already underway.
Phillips 66 To Reconfigure California Refinery To Sustainable Fuels Plant
Credit: Phillips 66Energy 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.
Jazeera Airways Looks To 2021 For Improvement
Credit: Jazeera Airways / facebookKuwaiti LCC Jazeera Airways has effectively written off 2020, at least financially, according to its chairman.
Embraer Commercial Names New Sales Leadership
Credit: Embraer / TwitterEmbraer 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.
ACI World Issues Security-Focused COVID-19 Mitigation Guidance
Credit: LAX airport / TwitterAirports 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.
Wizz Expands UK Presence With New Base
Credit: Rob FinlaysonULCC Wizz Air plans to open its second UK base at Doncaster Sheffield Airport.
ST Engineering Aerospace Names New President In Leadership Shuffle
Credit: ST EngineeringA 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.
Faulty Seal Behind Shenzhen Airlines A330 Pressure Loss, CAAC Says
Credit: Shenzhen AirlinesA faulty seal forced a Shenzhen Airlines flight to return to its departure airport on Aug. 9, the Civil Aviation Administration of China (CAAC) said.
Deferral Requests Slowing, Fly Leasing Says
Credit: Fly LeasingAverage 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.
United Airlines Targets Florida With Direct Flights, Bypassing Hubs
Credit: United AirlinesAs 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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