Aviation Daily Roundup: July 30
July 30, 2020
Supply Chain Situation Manageable, Airbus CEO Says
As production rates have suddenly decreased amid the COVID-19 crisis, Airbus’ suppliers are in a difficult but still viable situation, according to Guillaume Faury, the airframer’s CEO.
AirAsia X To ‘Remain In Hibernation,’ Plans Fleet Cuts
AirAsia X (AAX) has signaled it will not resume scheduled flights until late 2020 and is cutting its fleet and network to aid its eventual recovery.
AerCap, Avolon Defer, Cancel Aircraft As COVID-19 Batters Lessors
Irish lessors AerCap and Avolon have both released second quarter (Q2) 2020 financial results that reveal the initial impact of the COVID-19 crisis on their balance sheets.
Singapore Airlines Expands Salary Cuts To Entire Company
As part of its efforts to preserve cash, Singapore Airlines (SIA) will be expanding its pay cuts to all employees, ranging from 10% to 35% depending on seniority.
Allegiant To Furlough 250 Pilots; Posts $95M Q2 Net Loss
Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.
Fuzhou City Moves To Take Bigger Share In Fuzhou Airlines
The municipal government of Fuzhou, China, is moving to take a larger stake in HNA’s Fuzhou Airlines as part of a drive to expand local air services.
Emirates Passengers Must Carry Negative COVID-19 Health Certificate
Emirates Airline has notified its passengers that all travelers arriving in Dubai or transiting at its Dubai (DXB) hub must have a negative COVID-19 PCR test certificate, starting from Aug. 1.
Europe Updates COVID-19 Country ‘Safe List’ For Travel; U.S. Still Banned
The European Council has further reduced its list of countries from which it recommends lifting COVID-19 travel restrictions, removing Algeria from the “safe list” in its latest update.
Garmin Restores Systems Following Cyberattack
Garmin said it was returning to normal operations following a cyberattack that disrupted its web-based aviation and consumer applications for several days.
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