SpeedNews

LUFTHANSA GROUP reached agreement with Vereinigung Cockpit on short-term crisis measures through end 2020; measures apply to pilots of Lufthansa
Air Transport

THC

SOUTHWEST now estimates year-over-year capacity drop of 30-35% in 3Q20 (vs earlier estimate of 20-30%) as improving booking trends stalled in early
Air Transport

GARMIN INTERNATIONAL received FAA certification for the G1000 NXi upgrade for G1000-equipped Meridian aircraft.
Business Aviation

FACC, Austria lost €49.8m in 2Q20 (vs €0.3m net profit in 2Q19) on 48.1% lower revenues. It says its capacity utilization, which dropped to 50% due to
Aerospace

GERMAN ARMED FORCES took delivery of its first (416) of three A350-900s from Lufthansa Technik following installation of transitional cabin for
Defense

GO2SKY, Slovakia is shutting down in September due to COVID-19. It was operating four 737-800s
Air Transport

AIRBALTIC revised delivery schedule with Airbus for 28 A220-300s on order and is now due to complete order in early 2024.
Air Transport

BOC AVIATION had US$323m net income in 1H20 (vs $321m in 1H19) on 11% higher revenues; it has owned/managed/committed fleet of 571 aircraft and says
Air Transport

QANTAS GROUP posted A$2b net loss for year ended June 30 (vs A$840m profit a year ago) on 20.6% lower revenues, and ended year with A$4.5b in
Air Transport

AVENTURE AVIATION, GA and CRUCIAL MRO, MO formed alliance to market/supply CRJ components (initially) harvested from three CRJ200s recently dismantled
Air Transport

DUNCAN AVIATON has FAA STC to install AVIATION CLEAN AIR ionization system on Global business jets.
MRO

WIZZ AIR UK is establishing a third base at London Gatwick with one A321-200 and plans October 22 to launch service from Gatwick to Athens, Naples
Air Transport

FRANKFURT AIRPORT handled 1.3m pax in July, down 80.9% vs July 2019; cargo fell 15.5%.
Air Transport