SpeedNews

BOEING CEO said it is most likely a major US airline will go out of business in 2020 as he predicts pax traffic will not even rebound to 25% of normal
Air Transport

CAPA is projecting domestic airline capacity in Australia will reach 49% of 2019 levels by Oct 2020 and 60% by mid-Dec 2020.
Air Transport

BRUSSELS AIRLINES presented turnaround plan that includes reducing fleet from 54 to 38 aircraft (it is removing two of its 10 A330s, nine of its 39
Air Transport

US DOT estimates top 24 US airlines carried 38.7m pax (34.1m domestic/4.6m international) in March, down 51% vs March 2019.
Air Transport

BOEING delivered six airliners (737NG; 777F; four 787s) in April 2020 vs 23 (nine 737NGs; one 747-8F; 777; 12 787s) in April 2019. It recorded no
Aerospace

MITSUBISHI HEAVY INDUSTRIES says its Aircraft, Defense & Space unit lost ¥208.7b for year ended March 31 (vs ¥28.2b loss a year ago) on 4% higher
Aerospace

GARUDA is working with Indonesian Govt to draft $1b financing proposal to restructure $500m Islamic bond and provide $500m bridging loans for working
Air Transport

MESA had $1.9m net income in 1Q20 (vs $13.2m in 1Q19) on 1.5% higher revenues; primary reason for $14.1m reduction in pretax income was anticipated
Air Transport

EJS

DE HAVILLAND CANADA has Transport Canada approval for Dash 8-100/200/300 simplified package freighter conversions in response to COVID-19; Kenya's 748
MRO