Aviation Daily Roundup: October 29

Russia’s Aeroflot airline reports it has raised RUB80 billion ($1.02 billion) for its charter capital through a secondary public offering.

Chinese private carrier Air Travel has grown to serving eight destinations from its new home province, moving into the increasingly fierce competition in central China to expand commercial aviation industries.

Airbus confirmed Oct. 29 it may raise single-aisle production rates to 47 aircraft per month from 40 at some point in 2021, a move that would be “backed by the backlog”, according to CEO Guillaume Faury.

For sure, 2020 will go down as the worst year for commercial aviation since World War II, but the question increasingly is, will 2021 be much better?

Singapore is taking further steps to stimulate international inbound visitor demand, allowing travelers from mainland China and the Australian state of Victoria to enter without undergoing 14-day quarantines starting Nov. 6.

Las Vegas based Allegiant Air believes the COVID-19 pandemic is creating opportunities to acquire used aircraft without huge capital outlays, as a large number of narrowbodies remain parked or in storage.

The European Commission (EC) has pledged a coordinated testing protocol for travelers, starting with aviation, as part of broader measures aimed at helping Europe better face up to the crisis.

London Heathrow (LHR) is no longer Europe’s busiest airport, having been overtaken by Paris Charles de Gaulle (CDG).

Spirit Airlines will operate 80% of its pre-pandemic capacity beginning in November, as it capitalizes on solid leisure demand following a better-than-expected 2020 third-quarter (Q3).