Aviation Daily Roundup: August 20
SIA Updates On Rights Issue Funds Spending; Lands Training Deal
Credit: Nigel Howarth / Aviation WeekSingapore Airlines (SIA) has responded to an Aug. 20 Bloomberg report that said the flag-carrier had “burned through” S$4.4 billion ($3.2 billion) of the S$8.8 billion raised in a rights issue in two months, saying its spending has “always been extremely careful and judicious.”
Air BP, Neste To Quintuple SAF Offering
Credit: NesteAir BP and Neste are to offer a vastly increased amount of sustainable aviation fuel (SAF) to airport customers, the two companies said Aug. 19.
Mango CEO Heads For More Temperate Climes
Credit: Aurigny AirlinesNico Bezuidenhout, CEO of South African LCC Mango, has resigned to take up a new position as CEO of Aurigny Airlines in Guernsey, one of the British Channel Islands.
Eurocontrol May Cut Air Traffic Forecast, Citing Travel Restrictions
Credit: Schiphol Amsterdam AirportEurocontrol may cut its air traffic outlook for September because of COVID-19 travel restrictions imposed across the European region.
AirBaltic To Push Back Delivery Of Remaining Airbus A220-300s
Credit: AirbusAirBaltic and Airbus have agreed to delay delivery of the remaining 28 A220-300s the carrier has on order, with a new plan to complete delivery of all 50 of the type by early 2024.
American Airlines To Drop 15 Cities After PSP Expires In October
Credit: American AirlinesAmerican Airlines announced plans to drop service to 15 small and mid-sized U.S. cities following the expiration of the Payroll Support Program (PSP) on Oct. 1, further raising pressure on Congress to extend the federal aid program for another six months.
BOC Aviation Turns Steady Profit Amid ‘Challenging’ Pandemic
Credit: AirbusBOC Aviation pivoted to purchase and leaseback (PLB) deals in the first half of 2020 in “proactive support” of its client airlines’ liquidity, the Singapore-based lessor said Aug. 20.
Qantas Wants Consistent Rules For State Border Closures
Credit: Rob FinlaysonQantas estimates there is a strong underlying demand for domestic travel in Australia, but it is being constrained by multiple intra-state border closures.
Lufthansa Cargo Opens Munich Pharma Hub
Credit: Lufthansa CargoLufthansa Cargo has opened its Munich Airport Pharma Hub and hopes to obtain CEIV pharma certification from IATA in the fall of 2020.
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