SpeedNews

ALTA members flew 2.2b RPKs in April, down 97.1% vs April 2019; capacity fell 96% to 3.6b ASKs. PLF was 59.6%.
Air Transport

VOLGA-DNEPR is suing BOEING for cancelling its order for one 747-8F and three 777Fs after airline allegedly cancelled contract due to inability to
Aerospace

EUROCONTROL is projecting that 32% of flights could resume in July (50% by August), if procedures and national restrictions were fully coordinated
Air Transport

IATA is now forecasting cumulative global airline industry losses of $84.3b in 2020 and $15.8b in 2021 on 50% and 29% lower revenues respectively vs
Air Transport

AAR

Wan Zulkiflee to Non-Executive Chairman of Malaysian Airlines.
Air Transport

GOL

GOL says it has strengthened total liquidity to R$3.5b, which represents >12 months of cash reserves (excluding refunds and restricted cash) to
Air Transport

RAYA AIRWAYS leased a second 767-200F (22215; ex-Amerijet International) from Cargo Aircraft Management (ATSG).
Air Transport

WORLD BANK is forecasting global GDP will shrink 5.2% in 2020, representing the deepest recession since WWII; GDP for advanced economies will fall 7%
Aerospace

Andrew Wilson to Technical Service Manager of Twin Commander Aircraft, Creedmore, NC.
Air Transport

AIR NEW ZEALAND plans to operate around 55% of its usual domestic capacity in July/August with A320s, Dash 8s and ATRs.­­
Air Transport

AMAZON took delivery of fourth 737-800BCF (29947; ex-Hainan) on lease from GECAS for operation by SUN COUNTRY.
Air Transport

AUSTRIAN AIRLINES reached agreement on €600m coronavirus rescue package, comprising €150m from Austria, €150m from Lufthansa and €300m loans). It
Air Transport

AFRAA (African Airlines Association) teamed with ACC AVIATION GROUP to form membeship services initiative to provide access to market-leading
Air Transport

SOUTHWEST completed public offering of $1.8b of senior notes to repay debt and for general corporate purposes (SPNWS; June 5).
Air Transport

GURIT now plans to close its prepeg facility in Zullwill, Switzerland by end of 2020 vs 2H21 as previously announced; it will continue to serve the
Aerospace

S&K AEROSPACE has $30.9m US Navy contract for repair/overhaul/upgrade of 371 parts on P-8A Poseidon in support of Navy, Marine Corps, and Joint Allied
Defense