SpeedNews

AIR NEW ZEALAND lost NZ$628m for year ended June 30 (vs NZ$382m profit a year ago) on 16% lower revenues; result included NZ$338m aircraft impairment
Air Transport

GA TELESIS was selected by Shockform Aeronautique, Canada as worldwide distributor of its extensive product line of manual peening process equipment.
Aerospace

WESTERN AIRCRAFT installed its first EDMO-developed speed cowl (lowers ITT 20-30 degrees at same PSI setting) on PC-12
Business Aviation

WILLIS ASSET MANAGEMENT opened facilities at Teesside, UK and Cuidad Real, Spain for maintenance/storage/disassembly.
MRO

LUFTHANSA SYSTEMS launched New Demand Indicators (NDI) Dashboard for airlines to analyze/evaluate supply and demand trends to optimize capacity.
Air Transport

AEREOS, TX has developed line of built-in antimicrobial high-touch cabin and lavatory parts to provide long lasting protection against harmful
Aerospace

MAGNETIC MRO was selected by BOC Aviation (Ireland) to provide CAMO services; first 737NG has been sent to Tallinn.
MRO

ROLLS-ROYCE posted £3.3b loss in 1H20 (vs £28m loss in 1H19) on 29% lower revenues; CIVIL AEROSPACE lost £1.8b (vs £21m loss) on 37% lower revenues
Aerospace

AAPA estimates year-over-year member traffic dropped 96.7% to 4.1b RPKs in July on 91.7% lower capacity; PLF was 33.2%.
Air Transport

LOS ANGELES INTERNATIONAL AIRPORT handled 1.5m pax in July, down 82% vs July 2019; air cargo fell 13.1%.
Air Transport

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

ETHIOPIAN AIRLINES completed its first winglet modification on a 767-300ER (33769) in-house at Addis Ababa.
MRO

QANTAS GROUP proposed to outsource Qantas/Jetstar ground handling operations at several Australian airports where work is done in-house, which could
Air Transport