Aviation Daily Roundup: October 19

Flexing To Domestic, Spring Airlines To Take More A320 Family Aircraft

Credit: Airbus

Chinese LCC Spring Airlines will take delivery of up to seven Airbus A320 family aircraft by the end of 2020, increasing its fleet by about 7% as it expands its business by redeploying international capacity to domestic routes.

U.S. Airport Passengers Exceed 1M For First Time In Seven Months

Credit: TSA / Twitter

Daily passenger throughput at U.S. airports reached one million people on Oct. 18 for the first time since mid-March, marking a symbolic turning point in the airline industry’s recovery from the COVID-19 pandemic.

Daily Memo: After Nine Years BER Is Finally Ready To Open

Credit: Flughafen Berlin Brandenburg GmbH

When the new Berlin airport was originally planned to open, the world of aviation looked quite different—and that is not a reference to the current pandemic.

AirAsia X Liquidating Indonesian Ops, Takes Write-Down On Thai Stake

Credit: Nigel Howarth / Aviation Week

AirAsia X is liquidating its Indonesian unit and has written down its 49% holding in Thai AirAsia X as the long-haul LCC struggles to pay for aircraft leases across all of its AOCs.

Crisis Recovery Top Priority For New British Airways CEO

Credit: British Airways

New British Airways (BA) CEO Sean Doyle has identified crisis recovery as his “absolute priority” during his first keynote address, just one week after being named as Alex Cruz’s successor.

Cathay Pacific Forecasts Slow Capacity Rebound In 2021

Credit: Rob Finlayson

Cathay Pacific predicts that its passenger capacity will still be less than half pre-COVID-19 levels in 2021, even assuming best-case outcomes prevail.

Flybe Buyer Emerges; Operations Set To Resume In 2021

Credit: Flybe / Twitter

UK regional airline Flybe could resume operations in early 2021, after a company associated with former shareholder Cyrus Capital Partners agreed to acquire the airline from its administrators.

PIMCO, GECAS To Set Up $3B Narrowbody Financing Venture

Credit: GECAS

Aircraft lessor GE Capital Aviation Services (GECAS) and California-based investment-management firm PIMCO are partnering on a new aircraft-investment project, which will initially focus on narrowbodies.

Creditors Select New Owners For India’s Jet Airways

Credit: Joe Pries

The creditors of Jet Airways have approved the purchase of the collapsed Indian airline, although there are still significant hurdles to overcome if it is to restart operations in some form.

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