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Aviation Daily, July 15, 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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Airlines

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Delta Air Lines Slashes August Schedule After Posting $5.7B Net Loss

Jul 14, 2020
Delta Air Lines halved its planned growth rate for August, citing new weakness in forward bookings, after posting a $5.7 billion net loss in the 2020…
Allegiant
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Allegiant Air To Slow Growth Rate As COVID-19 Surges

Jul 14, 2020
Allegiant Air will relax its pace of growth in the 2020 third quarter (Q3) citing deteriorating booking trends caused by a surge in COVID-19 cases across the U.S.
aircraft
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Virgin Atlantic Agrees To $1.5B Recapitalization Package

Jul 14, 2020
Virgin Atlantic has unveiled a long-awaited restructuring deal that will pump much-needed money into the UK long-haul specialist.
Treq Network
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Canada’s Treq Aims To Take Over Regional Routes

Jul 14, 2020
A cooperative is aiming to launch a new regional airline in Quebec called Treq, which it says will fill a gap in the market following Air Canada’s withdrawal from several regional routes.
KLM
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EU Approves Dutch Government Aid For KLM

Jul 14, 2020
Dutch carrier KLM has secured EU approval for €3.4 billion ($3.9 billion) in government-support measures, which the European Commission (EC) described as “urgent liquidity support.”
aircraft
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ANA Lifts Domestic Schedule To 88% In August

Jul 14, 2020
All Nippon Airways (ANA) is continuing the trend of Japanese carriers restoring their domestic networks and cautiously resuming some international…

The Daily Memo

Jet at Newark Liberty International Airport
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Daily Memo: U.S. Carriers Slam Brakes On Growth Amid Sun Belt COVID Surge

Jul 14, 2020
The domestic air travel recovery underway in the U.S. is at risk of stalling out, despite barely getting off the ground.

Safety

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FAA Delays On Pilot Records Database Faulted In Atlas Air Accident

Jul 14, 2020
WASHINGTON—The NTSB cited poor airmanship as the probable cause of February 2019’s crash of an Atlas Air Boeing 767, but took the unusual step of referencing FAA inaction on a long-sought change as a contributing factor.

Industry Data

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Leisure And Business Fares: Week Of July 6

Jul 14, 2020
Harrell Leisure And Business Fares
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COVID KPIs: Utilization – The Beginnings Of A Recovery?

Jul 14, 2020
COVID KPIs: Utilization