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Aviation Daily, May 8, 2020 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Airframers

bombardier
article

CRJ Program To Become MHI Regional Jet Support Operation June 1

May 07, 2020
Bombardier’s CRJ program, but not its production facilities, will become part of a marketing and support unit of Mitsubishi Heavy Industries (MHI) on June 1, eventually backing the Japanese group’s SpaceJet regional jet.
cargo
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Airbus Developing Main Cabin Freight Capacity System

May 01, 2020
With an increasing number of carriers pressing passenger aircraft into service as temporary freighters during the COVID-19 pandemic, Airbus is developing a main cabin cargo-stacking modification for its A330 and A350-family aircraft.
aircraft
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Airbus April Deliveries Total 14 Aircraft

May 07, 2020
Airbus delivered just 14 aircraft in April, showing the severe impact of the coronavirus pandemic on the air transport industry.

The Daily Memo

aircraft
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Daily Memo: The Downsides Of European Government Bailouts

May 07, 2020
Calls have been growing in Europe for airline bailouts to include environmental conditions and before the COVID-19 crisis, the French government was among those calling for greater sustainability efforts from airlines in recent months, introducing an eco-tax on flights departing France from the start of 2020. 

Airlines

aircraft
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Spirit Airlines Expects ULCC Model To Outlast Pandemic

May 07, 2020
Spirit Airlines has no plans to abandon its high-density cabin layout in the aftermath of the COVID-19 pandemic, signaling confidence in the ULCC business model despite concerns over the health risk posed by crowded aircraft.
aircraft
article

Air France-KLM Posts Massive COVID-19-Related Q1 Loss

May 07, 2020
Air France-KLM posted a net loss of €1.8 billion ($1.95 billion) for the first three months of the year, hit by the devastating impact of the COVID-19 coronavirus crisis on its operations.  
aircraft
article

IAG Cuts Fleet Investment, Sees Slow Recovery From COVID-19

May 07, 2020
International Airlines Group (IAG) plans to take delivery of 68 fewer aircraft until 2022 and is considering accelerated retirement of sub-fleets to bring its capacity in line with what it expects will be subdued demand over a long period of time.
aircraft
article

Boeing Compensation Helps Build Cash Reserves For Brazil’s GOL

May 07, 2020
The recent decision by Brazil’s largest domestic airline GOL to cancel orders for 34 Boeing 737 MAX narrowbodies has coincided with a compensation payment from the airframer, bolstering GOL’s cash balances to withstand the COVID-19 pandemic. 
aerolineas argentinas
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Aerolíneas Argentinas, Austral To Merge Operations

May 07, 2020
Argentina’s government has initiated plans to merge Aerolíneas Argentinas and Austral in order to improve efficiencies and reduce costs. In a letter…

Suppliers

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Rolls-Royce Warns Of Job Cuts; Aligns To COVID-19 Conditions

May 07, 2020
Rolls-Royce says it is “actively pursuing” changes to its business to better align with medium-term market conditions as the coronavirus pandemic hits engine production and maintenance volumes.

Fuel Watch

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Global Jet Fuel Prices As of May 7, 2020

May 07, 2020

Industry Data

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All Majors Fuel Cost (Non-Scheduled Service) 2019/2020

May 07, 2020