SpeedNews

AIRASIA X lost RM129.2m in 2Q20 vs RM120.8m profit in 2Q19. It remained in hibernation throughout the quarter and continues in hibernation mode to
Air Transport

SWOOP plans to restart operations out of Toronto Pearson on October 25 with mix of domestic and international routes (TBA).
Air Transport

WIZZ AIR agreed to sell four GTF-powered A321neos to CDB Aviation for leaseback; deliveries are scheduled for 2021.
Air Transport

AIRASIA GROUP lost RM1.2b in 2Q20 (vs RM47m net income in 2Q19) on 96% lower revenues; it says it is seeing positive signs of recovery with strong
Air Transport

AIRBALTIC lost €185m in 1H20 (vs €26.6m loss in 1H19) on 62% lower revenues. It says it began year on solid track, continuing its sustainable growth
Air Transport

AMERICAN announced plan to cut 19,000 jobs (17,500 union workers/ 1,500 administration and management jobs) in 4Q20 and says it expects to have 40,000
Air Transport

EXPRESSJET plans to shut down on September 30, following United's decision to terminate its contract (SPNWS; August 7).
Air Transport

AAR