SpeedNews

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

GULFSTREAM AEROSPACE agreed to purchase Triumph Group's G650/G700 program scope of work (assets), including supply chain management, engineering
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

Caroline Vandedrinck to Senior Vice President-Sales of SR Technics, Zurich.
MRO

ASPEN AVIONICS agreed to join the AIRO Group of companies to expand its investments, resources, and new technologies in not only avionics for general
Business Aviation

TEXTRON AVIATION introduced the King Air 360/360ER with upgrades to Pro Line Fusion flight deck (incl. IS&S ThrustSense autothrottle) and redesigned 9
Business Aviation

Christopher McNierney to LAX Station Manager of Certified Aviation Services (CAS).
MRO

FRAPORT lost €231m on €911m revenues in 1H20 vs €165m profit on £1.8b in 1H19.
Air Transport

EFW

EFW received FAA VSTC for its A321 freighter conversion, validating EASA STC; aircraft can carry 14 containers on main deck.
MRO

LONDON HEATHROW lost £1.1b on £712m revenues in 1H20 vs £7m profit on £1.5b in 1H19. It expects 2020 pax traffic will be >60% lower than in 2019.
Air Transport

Bob Fairfield to Regional Sales Manager-Northeast United States of West Star Aviation.
Business Aviation

PORTER AIRLINES further pushed back its return-to-service date to October 7, from previously announced target of Aug 31.
Air Transport