Aviation Daily Roundup: July 29
July 29, 2020
Singapore Airlines To Review Fleet Size; Reports $805M Fiscal Q1 Loss
Singapore Airlines (SIA) is likely to complete a fleet-size review by November after projecting its passenger capacity will still be less than 50% of pre-COVID levels by the end of its fiscal year ending March 2021.

Alitalia To Increase International Flying With 70-Strong Fleet
Alitalia, looking to build traffic following the COVID-19 shutdown, plans to increase its medium- and long-haul capacity

Majority Of U.S. House Urge Payroll Support Extension
A majority of lawmakers in the U.S. House signed on to a letter urging leaders from both chambers of Congress to extend the Payroll Support Program (PSP) until March 31, 2021, arguing that failure to do so will lead to hundreds of thousands of job losses across the airline industry this fall.

Daily Memo: COVID-19 Spike Could Disrupt Japan’s Domestic Recovery
The rebound in domestic travel in Japan has been one of the most impressive in the Asia-Pacific region, and the government is taking steps to try and keep the momentum going.

Boeing Deepens Production Cuts, Delays 777X
Facing another heavy quarterly loss of $2.4 billion, the COVID-19-triggered market downturn, and continued uncertainty over the timing of the return-to-service of the 737 MAX, Boeing is making further cutbacks to its commercial aircraft production rates, studying additional layoffs and delaying deliveries of the 777X until 2022.

Hawaiian Airlines Rightsizing For Extended Demand Slump
While Hawaiian Airlines is raising financing to ensure its survival in the short-term, it is also looking further ahead at what changes will be needed to adjust to the long-term industry outlook.

Cathay Pacific Moving 60 Aircraft To Storage
Cathay Pacific has confirmed it will transfer a third of its passenger aircraft to storage locations outside Hong Kong in line with “prudent operational and asset management considerations.”

JetBlue Tests Honeywell UV Cabin Disinfection System
JetBlue Airways is the first U.S. airline to place into service a new Honeywell ultraviolet (UV) cabin disinfection system through a pilot evaluation.

West African Startup Sky Mali Poised To Launch
Privately owned African startup Sky Mali, having secured its air operator’s certificate (AOC), is planning to launch flights to four domestic destinations.

Wizz Air Has Been ‘Waiting For This Moment For 10 Years,’ CEO Says
Wizz Air CEO József Váradi is looking to accelerate aircraft deliveries and is considering new orders, viewing the post-COVID downturn as a unique opportunity to buck the market.

ANA Reaches $1B Quarterly Loss As Revenue Plunges
All Nippon Airways’ (ANA) significant cost-cutting efforts have been dwarfed by the massive revenue loss caused by the COVID-19 crisis, resulting in heavy net losses for the June quarter.

Laudamotion To Shut, Become Malta-Based Lauda Europe
Ryanair Group’s Austrian subsidiary Laudamotion will be closed and its assets transferred to a new Maltese AOC called Lauda Europe.
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