SpeedNews

BRUSSELS AIRLINES lost €182m in 1H20 (vs €36m loss in 1H19) on 63% lower revenues; it suspended ops March 21-June 14.
Air Transport

CARGOJET, Canada earned C$91.1m in 2Q20 (vs C$37.5m in 2Q19) on 65% higher revenues, noting surge in e-Commerce sales.
Air Transport

ATSG lost $105m in 2Q20 (vs $26.6m loss in 2Q19) on 13% higher revenues, driven by strong demand for leased cargo aircraft. CAM earned $19.6m vs $16
Air Transport

ETIHAD lost US$758m in 1H20 (vs $586m loss in 1H19) on 38% lower revenues; it operated up to 40 of its 97 pax aircraft.
Air Transport

LUFTHANSA GROUP lost €1.7b in 2Q20 (vs €754m profit in 2Q19) on 80% lower revenues, ending quarter with €2.8b of available liquidity, excluding €9b
Air Transport

BOMBARDIER AVIATION earned $55m in 2Q20 (vs $222m in 2Q19) on 42% lower revenues. It delivered 20 business jets vs 35 a year ago, and expects
Business Aviation

BOMBARDIER AVIATION earned $55m in 2Q20 (vs $222m in 2Q19) on 42% lower revenues. It delivered 20 business jets vs 35 a year ago, and expects
Aerospace

US DOT reports fuel cost for US airlines was $1.08/gallon in June vs $2.01 in June 2019; consumption rose 25% vs May 2020.
Air Transport

FRONTIER AIRLINES issued formal notifications to 35% of its flight attendants and pilots on potential furloughs as early as October 1.
Air Transport

VIRGIN ATLANTIC AIRWAYS, which is 49%-owned by DELTA AIR LINES, filed for Chapter 15 bankruptcy protection in the US.
Air Transport

VIRGIN AUSTRALIA (along with BAIN CAPITAL) announced rebuilding plan to remove its ATRs, 777s, A330s, and (Tigerair) A320s and operate simplified all
Air Transport

DAE

WIZZ AIR sold/leased back two GTF-powered A321neos to unidentified investor in deal arranged by FPG and FPG Amentum.
Air Transport