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Aviation Daily Roundup: August 14

August 14, 2020

Auditors Doubt Thai Airways Liquidity As Carrier Posts $896M H1 Loss

Credit: Thai Airways

Trading of Thai Airways’ shares was suspended Aug. 14 after auditors declined to sign off on the carrier’s 2020 first half (H1) statements, citing “material uncertainty” from the lack of liquidity and mounting debts which may affect the value of assets and liabilities.

Regional COVID-19 Outbreaks Dent Cathay Pacific’s Capacity Plans

Credit: Joe Pries

Cathay Pacific is the latest Asia-Pacific carrier to scale back its capacity recovery plans as COVID-19 infections spike in different parts of the region.

Eastar Jet Eyes New Investors Following Failed Sale

Credit: Nigel Howarth / Aviation Week

Korean LCC Eastar Jet is purportedly holding discussions with potential investors as the grounded carrier searches for a financial lifeline to restore its operations.

New COVID-19 Cluster Stalls New Zealand Demand Recovery

Credit: Airbus

New Zealand’s airlines are cutting back domestic services after travel restrictions were extended because of a resurgence of coronavirus cases within the country.

FlyZero Study To Position UK Industry For Role On Net-Zero Airliner

Credit: Airbus UK

The UK’s year-long FlyZero feasibility study will help position its industry to participate in developing a zero-carbon emissions commercial aircraft for the 2030s, according to the country’s Aerospace Technology Institute (ATI).

UK Imposes Quarantine On Arrivals From France, Netherlands

Credit: Heathrow Airport / Twitter

The UK has removed France and the Netherlands from its “travel corridors” list, meaning arrivals to the UK from those destinations will have to self-isolate for 14 days, a move the airline industry has dubbed “a devastating blow.”

New York, New Jersey Lost Most Flights In U.S. In July, A4A Says

Credit: Joe Pries

New analysis from Airlines for America (A4A) found that New York and New Jersey—two U.S. states hit hardest by the COVID-19 pandemic—also lost the most commercial airline service in the U.S. in July.

Risk-Based Testing Should Be Prioritized Over Quarantines, ACI Says

Credit: Thierry Monasse / Getty Images

Blanket quarantines of passengers flying between countries should be replaced by risk-based testing protocols backed by health certificates and other tactics that reassure the traveling public amid the COVID-19 pandemic, Airports Council International (ACI) World said Aug. 14.

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