Aviation Daily Roundup: July 29
Singapore Airlines To Review Fleet Size; Reports $805M Fiscal Q1 Loss
Credit: Nigel Howarth / Aviation WeekSingapore 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
Credit: AlitaliaAlitalia, 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
Credit: Joe PriesA 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
Credit: Joe PriesThe 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
Credit: BoeingFacing 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
Credit: Hawaiian AirlinesWhile 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
Credit: Joe PriesCathay 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
Credit: HoneywellJetBlue 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
Credit: Sky MaliPrivately 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
Credit: Wizz AirWizz 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
Credit: FlyANA / TwitterAll 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
Credit: LaudamotionRyanair Group’s Austrian subsidiary Laudamotion will be closed and its assets transferred to a new Maltese AOC called Lauda Europe.
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