Aviation Daily Roundup: September 14
September 14, 2020![](/sites/default/files/styles/crop_freeform/public/2020-09/352_a380_hs-tua_0.jpg?itok=rpE8Ivfk)
Court Allows Thai Airways Restructuring To Begin
After three hearings in August, Thailand’s central bankruptcy court has now approved Thai Airways’ rehabilitation request, allowing the airline to begin its restructuring.
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Private Equity Firm GTCR Acquires Stake In Gogo
Affiliates of Chicago-based private equity firm GTCR have acquired a 14.8% stake in inflight connectivity provider Gogo.
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Ampaire Flies Second Hybrid Prototype Before Hawaii Route Trials
Ampaire has flown a second prototype of its Electric EEL, a Cessna 337 Skymaster modified to hybrid-electric propulsion.
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Cash Is Running Out At South African Airways
Business rescue practitioners (BRPs) acting for South African Airways (SAA) have warned that the airline is in a “dire financial position” and that funds for operational expenditure are “near depletion.”
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Cathay Pacific Stresses Survival Depends On Restructuring
The continued bleak outlook in the international market underlines the need for Cathay Pacific to undertake significant long-term changes and send a large proportion of its aircraft to storage, according to a senior executive at the airline.
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Daily Memo: The Alitalia Saga Continues
At last, could there be some good news for ailing Italian airline Alitalia?
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Eurocontrol Cuts Traffic Forecasts, Sees Bigger Industry Loss
Eurocontrol has cut its traffic forecast, blaming the uncoordinated response to COVID-19 travel restrictions among European countries.
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Delta Taps SkyMiles Loyalty Program To Raise $6.5B
Delta Air Lines became the latest U.S. carrier to tap its frequent-flier program to raise fresh cash, as airlines bulk up on debt to survive the extended demand slump caused by the COVID-19 pandemic.
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FAA Confident New Mechanic Training Rules Imminent
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Testing Is ‘Last Chance’ To Save Industry, UK Airlines Say
The leaders of 14 UK airlines have urged Prime Minister Boris Johnson to roll out airport-based COVID-19 testing before the end of September or risk “economic ruin” for the sector.
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