Aviation Daily Roundup: September 1
September 01, 2020
Daily Memo: The Coming Production Rate Cuts For Airliners
The commercial aerospace manufacturing world breathed a collective sigh of relief a few weeks ago when Airbus and Boeing did not announce major new cuts to monthly production rates of their large commercial aircraft (LCA).

American Airlines Change Fee Tweaks Go Beyond Rivals
American Airlines went a step further than Delta Air Lines and United Airlines in relaxing its change fee policy, upping the ante by eliminating the charges for tickets to near-international destinations, in addition to domestic flights.

Current Aid Insufficient To Carry Industry Through Crisis, IATA Says
IATA sees the need for further government financial assistance as airlines continue to suffer amid sluggish air travel recovery.

EgyptAir, Air Cairo Take First Steps In New Partnership
Star Alliance member EgyptAir and hybrid LCC Air Cairo have begun a commercial tie-up after announcing a memorandum of understanding in May.

Kenya Airways Needs Changes To Overcome COVID-19 Impact
Kenya Airways said it has to undergo substantial changes following the COVID-19 crisis to withstand any longer-term reductions in customer demand and any economic shocks or events that could affect the airline.

Travel Restrictions Affecting Wizz Air Growth, Air France Capacity
Wizz Air warned it could restore less capacity than previously expected in the coming months if COVID-19 travel restrictions across Europe persist.

Gogo Sells Commercial Aviation Unit To Intelsat In Vertical IFC Deal
Embattled aircraft connectivity provider Gogo will sell its commercial aviation unit to bankrupt satellite services provider Intelsat for $400 million in a deal that might help the latter return to a viable business while the former tries to avoid liquidation.

EVA Air Swaps On-Order Boeing 787-10s For 777Fs, 787-9s
Taiwan’s EVA Air has come to an agreement with Boeing to swap seven of its outstanding 787-10 orders to three 777F freighters and four smaller 787-9 aircraft.

WestJet Increases Surcharges To Offset Nav Canada Fees
Canadian carrier WestJet announced Sept. 1 that it will increase the surcharges it collects from domestic passengers to offset rate increases by air navigation service provider (ANSP) Nav Canada.

Spirit Airlines Taps Fledgling Loyalty Programs To Raise $600M
Spirit Airlines plans to raise $600 million backed by two upstart loyalty programs, part of an effort to boost cash reserves while daily losses continue to mount.
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