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Magazine Issue

Aviation Daily, August 14, 2020

VOL. 421 NO. 29 August 14, 2020
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Regulatory/Legislative

generic Airbus A380
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Latest U.S. Tweak In Airbus-Related Trade Penalties Keeps Status Quo

Aug 13, 2020
The latest U.S. Trade Representative’s (USTR) tweaks to U.S. trade penalties against Europe satisfy nobody but at least do not further flame tensions between the two sides as they continue to quasi-negotiate a way out of their large commercial aircraft subsidy dispute at the World Trade Organization (WTO).

The Daily Memo

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Daily Memo: An Unemployment Subsidy For The Aerospace Supply Chain?

Aug 13, 2020
What makes the ongoing aerospace workforce cuts so tragic is that up until the start of this year, the aircraft manufacturing and MRO sectors were desperate to hire more workers–and in three to five years, they might be again, albeit probably not at the same pre-pandemic levels.

Airframers

embraer
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Embraer Commercial Names New Sales Leadership

Aug 13, 2020
Embraer Commercial Aviation named Martyn Holmes as its new chief commercial officer Aug. 13 in the latest step of a sequence of leadership transitions at the Brazilian aircraft manufacturer following the departure of president and CEO John Slattery in May.

Airlines

a320
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Thai LCCs Press For Government Aid As Losses Mount

Aug 12, 2020
With no finance minister helming the ministry, Thai AirAsia and six other airlines are hoping to go straight to the top and meet with Thai prime minister Prayut Chan-o-cha regarding government assistance. 
BA
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British Airways Staff Learning Their Fate

Aug 12, 2020
Many British Airways (BA) staff are receiving letters this week informing whether they will lose their jobs as the carrier cuts its workforce in the wake of the COVID-19 pandemic.
Lufthansa
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Lufthansa’s Union Talks Continue At Slow Pace

Aug 12, 2020
German cabin crew union UFO is recommending its members accept a preliminary crisis deal reached with Lufthansa to avoid forced redundancies despite major uncertainties about the details.
United Airlines new nonstop routes
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United Airlines Targets Florida With Direct Flights, Bypassing Hubs

Aug 13, 2020
As the outlook for corporate and international travel remains weak, United Airlines is hoping that the coronavirus pandemic will not dampen demand for warm weather leisure destinations in the U.S. this winter.  

Lessors

Fly leasing A320
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Deferral Requests Slowing, Fly Leasing Says

Aug 13, 2020
Average repayment periods for Fly Leasing customers have increased in recent months, but the number of lease-deferral requests is decreasing, and the company has revised its expected total deferral-related financial exposure downward.
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GECAS Orders Third Batch Of Boeing Converted Freighters

Aug 13, 2020
Lessor GECAS has dipped into the cargo market once again with its latest order for freighters, just hours before Russian carrier S7 Airlines announced its first order for dedicated cargo-carriers.

Fuel Watch

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Global Jet Fuel Prices As of August 13, 2020

Aug 13, 2020
Fuel Watch: Global Jet Fuel Prices

Airports

LAX security guard
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ACI World Issues Security-Focused COVID-19 Mitigation Guidance

Aug 13, 2020
Airports Council International (ACI) World has published a “playbook” aimed at providing a simple summary of new airport security-focused guidance for mitigating risks amid the COVID-19 pandemic, the association said Aug. 13.

Analysis

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ANALYSIS: Why 2021 Is Looking Scarier For Airlines

Aug 11, 2020
For airlines, the COVID-19 crisis brings no silver lining. They were stripped almost overnight and worldwide of passengers and revenue while retaining much of their high cost base.

Industry Data

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U.S. Carriers ($20M Revenue/Yr) (Scheduled Service) Fuel Cost 2019/2020

Aug 13, 2020
U.S. Carriers Fuel Cost 2019/2020