SpeedNews

ALITALIA plans to increase its international flight schedule by 7% in September and by 29% in October (to 1,630 weekly flights to 45 airports) vs

HEXCEL had $203.9m in Commercial Aerospace sales in 2Q20, down 51% vs 2Q19, citing start of inventory reductions in supply chain as partially

CRANE AEROSPACE & ELECTRONICS earned $20 in 2Q20 (vs $49m in 2Q19) on 23% lower sales; it has $506m backlog.

NETJETS is offering to reinstate all NetJets Europe pilots/cabin crew furloughed in April and is restoring portion of its European fleet to reach

IATA reports year-over-year global pax traffic dropped 86.5% in June on 80.1% lower capacity, foreshadowing slower-than-expected recovery due to slow

AAPA reports year-over-year member traffic (RPKs) dropped 97% in June on 93.2% lower capacity; cargo was down 20.3% on 27.2% lower capacity. It adds

JETBLUE had $320m net loss in 2Q20 (vs $179m profit in 2Q19) on 90% lower revenues, and ended quarter with $3.4b in liqudity; its daily cash burn fell

COLLINS lost $317m in 2Q20 (vs $1.3b profit in 2Q19) on 36% lower sales, including 48% drop the commercial aftermarket.

PRATT & WHITNEY lost $457m in 2Q20 (vs $449m profit in 2Q19) on 32% lower sales, including 42% lower Commercial OE sales and 51% lower commercial