SpeedNews

DELTA AIR LINES expects year-over-year revenue for 2Q20 to drop 90% on 85% lower capacity; its average daily cash outflow will fall to $40m by June 30
Air Transport

CHINA EXPRESS signed strategic partnership agreement with COMAC to buy 100 total ARJ21s/C919s (SPNWS; May 15).
Air Transport

AIR NEW ZEALAND has established an 800-day, Survive/Revive/Thrive plan to return to profitability although it expects to be 70% of its pre-COVID-19
Air Transport

HONEYWELL and DIMER, CA teamed to develop an aircraft cabin ultraviolet cleaning (UVC) system, which it says can clean cabin in less than 10 minutes
MRO

NAASCO, NY received FAA/DER approval to repair Zodiac contactors (using its Sil-Met repair solution) for A320 Family aircraft.
MRO

LOGANAIR, Scotland leased third ex-HOP! ATR 42-500 (480) from Nordic Aviation Capital.
Air Transport

TRANSAT says European Commission opened an in-depth (Phase II) investigation to assess its acquisition by AIR CANADA and does not expect any approval
Air Transport

TRANSAT had C$179.5m net loss for second quarter ended April 30 (vs C$939k net loss a year ago) on 36.3% lower revenues; it announced plan to resume
Air Transport

COLIBRI AERO and J&C AERO have developed cargo containers for Airbus A330/A340 and Boeing 767/777 pax cabins.
Air Transport

RUAG extended contract with Safran to maintain fuel control units for Makila-powered Super Puma helicopters through 2021.
MRO

HEICO FLIGHT SUPPORT GROUP acquired 70% of ROCKY MOUNTAIN HYDROSTATICS, CO (US Navy hydraulics MRO).
Defense