Aviation Daily Roundup: October 29
October 29, 2020
Aeroflot Attracts $1B As Russian Market Recovers
Russia’s Aeroflot airline reports it has raised RUB80 billion ($1.02 billion) for its charter capital through a secondary public offering.

Private Carrier Air Travel Joins Central China Provincial Competition
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 Now Looks To Raise Single-Aisle Output In Mid-2021
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.

Daily Memo: Accenture A&D Survey Reflects Sobering Executive Outlook
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 To Lift Quarantine Requirement For Chinese Visitors
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.

Allegiant Aims To Take Advantage Of Attractive A320 Lease Rates
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.


EC To Develop Common Testing Protocol To Boost Travel
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.

Heathrow Loses Top Rank To Paris Charles De Gaulle As Losses Mount
London Heathrow (LHR) is no longer Europe’s busiest airport, having been overtaken by Paris Charles de Gaulle (CDG).

Spirit Airlines To Operate At 80% Capacity, Building On Momentum
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).
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