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Airlines

LATAM
article

LATAM Airlines Files For Bankruptcy Protection

May 26, 2020
LATAM Airlines has become the latest high-profile victim of the COVID-19 crisis as it filed for Chapter 11 proceedings on May 26 at the U.S. Bankruptcy Court for the Southern District of New York.
aircraft
article

German Government Approves Lufthansa Bailout

May 25, 2020
FRANKFURT—The German government approved a €9 billion ($9.8 billion) rescue package for Lufthansa May 25, keeping the airline out of insolvency while returning as its largest shareholder.
aircraft
article

Change To CORSIA Rules Would Threaten Whole Scheme, EDF Says

May 26, 2020
A move to change the rules of the ICAO Carbon Offsetting and Reduction Scheme (CORSIA) to reflect the impact of the COVID-19 pandemic would risk undermining the entire program, the lobbying group Environmental Defense Fund (EDF) said. 
Virgin
article

IATA Warns Of Uneven Spread Of Government Aid

May 26, 2020
Airlines globally have so far received more than $123 billion in various forms of government aid, but IATA warns that the support is spread unevenly leading to massive market distortion in favor of richer economies.

The Daily Memo

aircraft
market_analysis-forecasts

Daily Memo: Should Aerospace Be Protected From Chinese Investment, And How?

May 26, 2020
The U.S. is girding to ward off Chinese tentacles that could reach into the western aerospace ecosystem after COVID-19. 

Airframers

article

Mitsubishi Mothballs Moses Lake SpaceJet Test Center

May 25, 2020
Mitsubishi Aircraft is mothballing its SpaceJet flight testing operation in the U.S., consolidating operations in Nagoya, Japan, and closing all offices elsewhere, a spokesperson for the company said.
MC-21
article

Russia Confirms MC-21 Certification Delay

May 26, 2020
MOSCOW—A Russian government official has confirmed that COVID-19 restrictions have delayed the certification of the country’s new Irkut MC-21 narrowbody commercial airliner.

Regulatory/Legislative

article

Most Drone Flyers Disregard FAA’s System, Study Says

May 20, 2020
A new study suggests that most operators disregarded the FAA’s system for authorizing drone flights in controlled airspace when flying near a large central Florida airport.

Industry Data

data-charts-graphs

Leisure And Discounted Business Fares: Week Of May 18

May 26, 2020