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Magazine Issue

Aviation Daily, February 17, 2020

VOL. 419 NO. 31 February 17, 2020
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Airlines

aircraft
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Delta Commits $1B To 100% Emissions ‘Mitigation’ Efforts

Feb 14, 2020
Delta Air Lines plans to spend $1 billion over the next decade to “mitigate” all emissions from its business, investing in a wide range of initiatives to reduce or eliminate carbon emissions throughout its business.
passengers
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ICAO Reveals Initial Effects Of COVID-19 Outbreak On Aviation

Feb 14, 2020
The COVID-19 outbreak has already led to an estimated $4 to $5 billion reduction in gross operating revenues for airlines across the globe, according to ICAO.
aircraft
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Second New U.S. Budget Airline Targets 2020 Launch

Feb 14, 2020
A new U.S. low-cost airline being launched by a former United Airlines executive has raised $125 million and expects to start service before the end of the year.
aircraft
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South African Airways Administrators Face Government, Labor Backlash

Feb 11, 2020
South African Airways’ (SAA) business rescue practitioners (BRPs)—the rough equivalent of administrators—are facing both government and labor criticism after announcing network cuts.
aircraft
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Turkey’s AtlasGlobal Files For Bankruptcy

Feb 14, 2020
Turkish carrier AtlasGlobal Airlines has halted flights after filing for bankruptcy. 
aircraft
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Air France Fine-Tunes Environmental Measures

Feb 12, 2020
Air France is adopting new methods to cut its environmental footprint, as part of a goal to cut CO2 emissions per passenger-kilometer by 50% by 2030, compared to 2005 levels.

Airframers

aircraft
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Airbus Cuts A330 Production, Maintains A350 Rate

Feb 14, 2020
Airbus plans to cut the A330 production rate and stabilize the A350, in an acknowledgement of weak demand for widebody aircraft.
aircraft
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MAX Inventory Clear Out Could Take Years, Consultant Says

Feb 14, 2020
With the aerospace manufacturing sector expecting Boeing to restart 737 MAX production as early as next month or April, one widely followed industry consultant said it will take up to two years to clear out the stored inventory of narrowbody aircraft and fuselages.

Lessors

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Lessor Avolon Confident It Can Weather MAX, Virus Headwinds

Feb 12, 2020
Ireland-headquartered lessor Avolon has laid solid foundations for a challenging year ahead, after posting a record $718 million net profit for 2019, up just under 1% on the prior year.

Calendar

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Upcoming Events

Feb 14, 2020
Calendar of upcoming events of interest to the aviation industry.