SpeedNews

SOUTHWEST says it is in discussions with Boeing to restructure its MAX order book, and continues to evaluate its fleet needs in light of current
Air Transport

SOUTHWEST AIRLINES posted $1.2b net loss for 3Q20 (vs $659m profit in 3Q19) on 68.2% lower revenues, and ended quarter with $15.6b in liqudity. It is
Air Transport

AMERICAN reached deal with Boeing to defer deliveries of 18 737 MAXs from 2021-2022 to 2023-2024. It says it has also finalized series of SLB
Air Transport

AMERICAN posted $2.4b net loss for 3Q20 (vs $425m profit in 3Q19) on 73.4% lower revenues, and ended quarter with $13.6b in liqudity. Although it has
Air Transport

AIRASIA X has reportedly run out of money and needs to raise up to US$120.6m to restart operations. It announced restructuring plan earlier in month
Air Transport

SINGAPORE AIRLINES plans November 9 to begin nonstop Singapore-JFK (A350-900).
Air Transport

AEROMEXICO had MXP3.6b operating loss in 3Q20 (vs MXP1.3b profit in 3Q19) on 74.5% lower revenues. It has MXP7.8b cash.
Air Transport

CATHAY PACIFIC GROUP announced corporate restructuring that includes cutting employment by 24% (about 8,500 positions), shutting down CATHAY DRAGON
Air Transport

PRATT & WHITNEY has $1.5m contract to conduct an F135 modernization study.
Defense

EFW

EMBRAER delivered 21 business jets (19 Phenoms/two Praetors) in 3Q20 vs 27 (15 Phenoms/five Legacy/seven Praetors) in 3Q19.
Aerospace

EMBRAER delivered seven E-Jets in 3Q20 vs 17 in 3Q19, and ended quarter with backlog of 307 E-Jets (151 E2s).
Aerospace

TSA

TSA screened >1m passengers on October 18 for first time since March.
Air Transport

KF AEROSPACE, Canada says, due to COVID-19, it has reduced its workforce by 14% via combination of voluntary long-term leaves, resignations
MRO