Aviation Daily Roundup: August 31
August 31, 2020![](/sites/default/files/styles/crop_freeform/public/2020-08/avianca_airbus_a320_revised_source_rob_finlayson.jpg?itok=qT3SUaru)
Avianca Lands Colombian Financing As Part Of Restructuring
The Colombian government has agreed to loan Avianca Holdings up to $370 million as part of a restructuring designed to get the airline back on solid financial footing.
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China’s Three State Carriers Post Combined $3.7B Loss
China’s three state carriers reported a combined CNY26.1 billion ($3.8 billion) net loss for the first six months (H1) of 2020, even as the Chinese commercial aviation industry worked its way back toward normal capacity in the second quarter.
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Emirates, Flydubai Resume Strategic Partnership Services
The gradual restoration of the route networks of Emirates Airline and LCC sister-company flydubai has seen the resumption of the strategic partnership between the two carriers.
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Adani Set To Take Control Of Mumbai Airports
Indian conglomerate Adani Enterprises is preparing to take over Mumbai International Airport Ltd. (MIAL)—the country’s second-busiest airport—and will also gain control over a new airport to be built in Mumbai.
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Aviation Asset Manager Stellwagen Set For Growth After Buyout
Dublin-headquartered aviation asset manager Stellwagen Group has come under new ownership, after a consortium of investors bought out majority shareholder and company founder Douglas Brennan.
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Daily Memo: Good Riddance To Change Fees
The most hated airline fee in the U.S. appears to be on the way out, thanks to the COVID-19 pandemic.
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Heathrow Staff Trial Three Quick-Turnaround COVID-19 Tests
Workers at London Heathrow Airport are trialing three types of rapid-turnaround COVID-19 tests, which could ultimately be used for passenger testing, eliminating the need for quarantine.
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Rolls-Royce Civil Cutbacks Include MRO Services Reductions
Rolls-Royce plans to reduce costs linked to its spare-engines pool and lean more heavily on third-party shops as part of sweeping changes within its civil aerospace business to cope with reduced air transport activity for the foreseeable future.
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HNA To Relinquish Ownership Of Swissport
China’s HNA Group, which owns 100% of ground handling giant Swissport International, is to give up its shareholding under a debt-for-equity restructuring that will see ownership pass to the company’s creditors.
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Vistara Launches Long-Haul Delhi-London Heathrow Flights
Indian carrier Vistara has undertaken its first long-haul services with the start of two months of services from Delhi to London Heathrow.
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