SpeedNews

VIRGIN ATLANTIC plans to restart service on July 20 and announced solvent recapitalization that includes £1.2b refinancing package and £2.3b in cost
Air Transport

NBAA announced its support for FAA's notice of proposed rulemaking to develop noise certification standards for supersonic aircraft operating in US
Business Aviation

DELTA AIR LINES says due to COVID-19 it is positioning itself to be a smaller, more efficient airline over next several years and is accelerating
Air Transport

DELTA AIR LINES posted $5.7b net loss for 2Q20 (vs $1.4b profit in 2Q19) on 40% lower revenues, and ended quarter with $15.7b in liquidity. It says
Air Transport

TREQ is being formed in Quebec to provide regional airline service with Q400s to fill gaps left by Air Canada's recent announcement to end service on
Air Transport

AVIATION WEEK NETWORK says business turboprop aircraft operations (flight hours) have returned to pre-COVID numbers.
Business Aviation

KLM