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Magazine Issue

Aviation Daily, August 26, 2020

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Airlines

American Airlines pilot checking aircraft tail
article

American, Delta Issue Furlough Notices As Financial Pressures Rise

Aug 25, 2020
American Airlines and Delta Air Lines have told employees that more staff cuts are needed to match operations with the significantly reduced demand environment heading into the winter season, putting pressure on U.S. lawmakers to extend financial support. 
aircraft
article

Croatia Airlines In Talks To Change A320neo Order

Aug 25, 2020
Croatia Airlines has been working to renegotiate an order for four Airbus A320neos, but nearly a year’s worth of talks have stalled in light of the COVID-19 crisis.
Virgin
article

Virgin Australia Creditors To Vote On $2.5B Takeover

Aug 25, 2020
Administrators for Virgin Australia are recommending creditors vote to accept a proposed takeover of the company valued at A$3.5 billion ($2.5 billion).
Spirit Airlines
article

Spirit Airlines, Pilots Strike Deal To Avoid Furloughs

Aug 25, 2020
Spirit Airlines and its Air Line Pilots Association (ALPA)-represented pilots have agreed to provisions that will prevent furloughs, the pilots said Aug. 25.
United Express Embraer145
article

ExpressJet Accelerates Wind-Down; RAA Calls For U.S. Aid Extension

Aug 25, 2020
Atlanta-based ExpressJet will end operations on Sept. 30 and lay off most of its workforce following United Airlines’ decision to consolidate its Embraer ERJ-145 flying with a rival affiliate.
Avro
article

After Examinership, CityJet Returns With 39% Of Pre-COVID Workforce

Aug 17, 2020
Ireland-based carrier CityJet is seeking new opportunities in the European regional market, following its exit last week from the country’s examinership process, the local equivalent of Chapter 11.

The Daily Memo

Air India Airbus A320
article

Daily Memo: More International Travel Links Emerge In Asia-Pacific

Aug 25, 2020
A handful of Asia-Pacific governments are taking tentative—yet significant—steps to resume international travel with certain countries. 

Lessors

NAC
article

Regional Aircraft Lessor NAC Posts $639M Fiscal Year Loss

Aug 24, 2020
Nordic Aviation Capital (NAC) has reported a $639 million loss for the fiscal year ended June 30, which included both the best and most difficult…

Regulatory/Legislative

Trent 900
article

EASA Expands A380 Trent 900 Inspection Order

Aug 25, 2020
EASA plans to mandate Rolls-Royce-recommended on-wing inspections of certain Trent 900 interstage spacers to find cracked parts in the Airbus A380 engines before they trigger in-service incidents.

Industry Data

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market_analysis-forecasts

COVID KPIs: In Service Aircraft

Aug 25, 2020
Commercial Jets And Turboprop Aircraft In Service, By Month
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data-charts-graphs

Leisure And Business Fares: Week Of August 17

Aug 25, 2020
Leisure And Business Fares