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Magazine Issue

Aviation Daily, June 26, 2020

VOL. 420 NO. 59 June 26, 2020
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Airlines

Lufthansa
article

Shareholders, EC Approve Lufthansa Rescue Package

Jun 25, 2020
FRANKFURT—An extraordinary assembly of shareholders and the European Commission (EC) has approved a €9 billion ($10.1 billion) state bailout for Lufthansa, clearing the way for the airline to begin its long route to recovery and avoid an imminent bankruptcy filing.
american airlines passengers
article

American Airlines Pilots Want Load-Factor Caps Subsidized

Jun 25, 2020
The union representing American Airlines pilots wants the U.S. government to subsidize load-factor caps across the industry, an approach that would help stabilize airline finances while ensuring social distance in cabins.
aircraft
article

Qantas Plans Workforce Cuts, Lengthy Widebody Groundings

Jun 25, 2020
Qantas Airways has unveiled a three-year strategy to prepare for a slow airline industry recovery, including cutting 6,000 workers, storing or retiring larger widebody airliners, and raising A$1.9 billion ($1.3 billion) in new equity to fund its plans.
kulula
article

Potential Investor Emerges For South Africa’s Comair

Jun 23, 2020
South African carrier Comair has received a non-binding expression of interest from a potential investor, which could support the airline’s plan for a Nov. 1 relaunch.
article

Interview: Canada’s Swoop Maps Out Its Post-COVID Future

Jun 25, 2020
On the second anniversary of Swoop’s inaugural flight, the Canadian ULCC’s head of commercial Bert van der Stege discusses the airline’s response to…
aircraft
article

WestJet To Lay Off Over 3,000 Amid Restructuring

Jun 25, 2020
Canadian airline WestJet will lay off 3,333 employees permanently across several departments, part of a series of organizational changes intended to streamline operations amid the COVID-19 pandemic.
aircraft
article

EasyJet Launches Share Placement To Help Weather COVID Crisis

Jun 25, 2020
UK-based easyJet is launching a share placement worth up to £450 million ($558 million), in the budget carrier’s latest move to shore up its finances since the COVID-19 crisis took hold.

The Daily Memo

Jin Air aircraft
article

Daily Memo: Asia-Pacific LCCs Confront COVID-19 Challenges

Jun 25, 2020
Asia-Pacific LCCs face major hurdles as they struggle to survive the network shutdowns caused by the COVID-19 crisis, but their business models also give them some factors in their favor as they plan for recovery.

Fuel Watch

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data-charts-graphs

Global Jet Fuel Prices As of June 25, 2020

Jun 25, 2020
Global Jet Fuel Prices As of June 25

Cargo

article

Cargo Operator DHL Express To Boost Mideast Fleet

Jun 23, 2020
Growing demand for freight capacity has led cargo specialist DHL Express to increase its Middle East and North Africa (MENA) fleet with the addition of two Boeing 767-300Fs.

Industry Data

Industry Data promo image
data-charts-graphs

All Nationals Fuel Cost (Scheduled Service) 2019/2020

Jun 25, 2020
All Nationals Fuel Cost
Industry Data promo image
market_analysis-forecasts

COVID KPIs: Utilization – Major European Airlines

Jun 25, 2020
COVID KPIs: Utilization