SpeedNews

ACI

ACI reports year-over-year airport pax traffic fell 91.3% in May; cargo fell 18%.
Air Transport

UNITED is expected to terminate its contract with EXPRESSJET and consolidate 50-pax aircraft operations into COMMUTAIR.
Air Transport

TRANSAVIA lost €111m in 2Q20 (vs €53m profit in 2Q19) on 97% lower revenues; activity levels were close to zero in April/May with progressive restart
Air Transport

SKYWEST lost $25.7m in 2Q20 (vs $88m profit in 2Q19) on 53% lower revenues, ending quarter with $762m in cash/marketable securities; total block hours
Air Transport

GOL

GOL, Brazil posted R$2b net loss for 2Q20 (vs R$121m loss in 2Q19) on 89% lower revenues; it ended quarter with R$3.3b liquidity (R$2.8b in cash) and
Air Transport

AIR FRANCE-KLM had €2.6b net income for 2Q20 (vs €98m profit in 2Q19) on 83.3% lower revenues; it has €14.2b liquidity. AIR FRANCE lost €1.1b (vs
Air Transport

AER LINGUS lost €316m in 1H20 (vs €78m operating profit in 1H19) on 61% lower revenues.
Air Transport

VUELING lost €386m in 1H20 (vs €5m operating profit in 1H19) on 70% lower revenues.
Air Transport

Matt Millbank as new Regional Business Development Manager-Americas, based in Miami, of AerFin.
Air Transport

Javier Ferrán to Chairman of International Airlines Group, UK; Antonio Vázquez is resigning in January 2021.
Air Transport

IBERIA lost €867m in 1H20 (vs €109m operating profit in 1H19) on 48% lower revenues.
Air Transport

BRITISH AIRWAYS lost €2.5b in 1H20 (vs €873m operating profit in 1H19) on 56% lower revenues.
Air Transport

INTL AIRLINES GROUP lost €1.5b in 2Q20 (vs €812m loss in 2Q19) on 89% lower revenues; in anticipation of flying reduced capacities in 3Q20 (-74%) and
Air Transport

HAWAIIAN AIRLINES sold two GTF-powered A321neos (9223/9547) to SKY Leasing, and leased them back (SPNWS; July 31).
Air Transport

Murtaza Hassan to General Manager of Gulfstream St. Louis, MO.
Business Aviation