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.
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.
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.
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.
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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