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SpeedNews
SILVER AIRWAYS
AAPA
Oct 28, 2020
AAPA estimates year-over-year member RPKs dropped 95.6% in September on 89% lower ASKs; enplanements fell 96.4%.
Air Transport
FL TECHNICS ENGINE SERVICES
GENERAL DYNAMICS AEROSPACE
Oct 28, 2020
GENERAL DYNAMICS AEROSPACE earned $283m on $2b sales in 3Q20 vs $393m on $2.5b in 3Q19; it has $12b backlog, up from $11.4b a year ago. GULFSTREAM
Business Aviation
GE AVIATION
Oct 28, 2020
GE AVIATION earned $356m on $4.1b revenues in 3Q20 vs $1.7b on $8.8b in 3Q19; it delivered 329 commercial aviation engines (172 LEAPs) vs 714 (455
Aerospace
BOEING
Oct 28, 2020
BOEING posted $466m net loss on $14.1b revenues in 3Q20 vs $1.2b profit on $20b in 3Q19 and says it anticipates a workforce of about 130,000 employees
Aerospace
KALITTA AIR
HAWAIIAN AIRLINES
Oct 28, 2020
HAWAIIAN AIRLINES is deferring delivery of its 10 GEnx-powered 787-9s from 1Q21 to September 2022-2026.
Air Transport
HAWAIIAN
Oct 28, 2020
HAWAIIAN lost $97.1m in 3Q20 (vs $80.1m profit in 3Q19) on 89.9% lower revenues and ended quarter with $979m liquidity.
Air Transport
NOMAD TECHNICS
ICELANDAIR
Oct 28, 2020
ICELANDAIR earned US$38.2m in 3Q20 (vs $61.5m in 3Q19) on 81% lower revenues and ended quarter with $399m liquidity.
Air Transport
SPIRIT AIRLINES
CHISHOLM ENTERPRISES
ANA GROUP
Oct 28, 2020
ANA GROUP plans to retire 35 aircraft, including 22 777s, in 2020 (vs initial plan of seven) and has deferred delivery of one each 777 and A380; it
Air Transport
SA AIRLINK
Oct 28, 2020
SA AIRLINK has changed its name to AIRLINK to distinguish itself as a totally independent airline apart from SAA.
Air Transport
VEELO TECHNOLOGIES
CRANE AEROSPACE & ELECTRONICS
WHO'SNEWS: AVOLON
Oct 28, 2020
Paul Geaney to Chief Risk Officer and Member of the Executive Committee of Avolon, Dublin.
Air Transport
IDEAWORKS
Oct 27, 2020
IDEAWORKS and DATALEX report LCCs carried 27% of world's pax in 2019; global alliances generated $483b in revenue.
Air Transport
IATA
Oct 27, 2020
IATA says airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies in 2021; it is now projecting 2021
Air Transport
WHO'SNEWS: BOMBARDIER AVIATION
BOMBARDIER
JETBLUE
Oct 27, 2020
JETBLUE plans December 11 to begin four-times-weekly JFK-Georgetown, Guyana (A321neo).
Air Transport
ANA HOLDINGS
Oct 27, 2020
ANA HOLDINGS had ¥188.4b net loss for six months ended Sept 30 (vs ¥56.7b profit a year ago) on 72.4% lower revenues, and unveiled new business
Air Transport
ENTROL
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