SpeedNews

S&P GLOBAL updated its global air passenger traffic forecasts and now expects traffic (vs 2019) to fall 60-70% in 2020, which is weaker than the 50-55
Air Transport

AEA

ICELANDAIR settled with Boeing on compensation over 737 MAX grounding (it has six); terms are confidential, but it did say deal reduces purchase
Air Transport

CAE

CAE lost C$110.6m in first quarter ended June 30 (vs C$61.5m net income a year ago) on 33% lower revenues; Civil Aviation Training Solutions lost C$97
Aerospace

AZUL reached agreements with its aircraft lessors on debt relief equal to R$3.2b through end 2021. It will follow an adjusted payment schedule based
Air Transport

TGIS AVIATION MANAGEMENT, UK and BCT AVIATION MAINTENANCE, UK formed partnership to offer a combined asset management, storage maintenance and return
MRO

ALTA members flew 227.5b RPKs in 1H20, down 51.3% vs 1H19; capacity dropped 44.8% to 309.7b ASKs. PLF was 73.4%.
Air Transport

ALTA members flew 4.2b RPKs in June, down 94.3% vs June 2019; capacity dropped 92.9% to 6.4b ASKs. PLF was 65.3%.
Air Transport