SpeedNews

RYANAIR is projecting net loss of >€100m in 1Q20; it expects to operate <1% of its scheduled flying program in 2Q20 and is negotiating with Boeing and
Air Transport

UNITED says it expects to take delivery of 16 737 MAXs in 2020 and 24 in 2021, which is less than half of the number originally scheduled for delivery
Air Transport

HEATHROW had £278m pretax loss on £593m revenues in 1Q20 vs £132m profit on £679m in 1Q19; retail revenue per pax increased 4% to £9.28.
Air Transport

SOUTHWEST AIRLINES completed previously announced public offering of $2b in debt securities.
Air Transport

IBERIA and VUELING secured syndicated 5-year loans for €750m and €260m respectively; banks involved will ask the Instituto de Crédito Oficial (ICO) to
Air Transport

UNITED AIRLINES lost $1.7b in 1Q20 (vs $292m net income in 1Q19) on 17% lower revenues. Its total liquidity on April 29 was approximately $9.6b
Air Transport

IATA and UNIVERSAL POSTAL UNION warned air capacity for postal services is insufficient and urged governments to support movement of mail by air.
Air Transport

Bill Finn to Chief Risk Officer of Amedeo, Dublin, Ireland.
Air Transport

Daniel Perez to Chief Operating Officer of Amedeo, Dublin, Ireland.
Air Transport

Peter Marwood as Head of Legal and Commercial Contracts of Amedeo, Dublin, Ireland.
Air Transport

Gabriella Lapidus to Chief Commercial Officer of Amedeo, Dublin, Ireland.
Air Transport

GOL

GOL lost R$2.3b in 1Q20 (vs R$35.2m net income in 1Q19) on 2% lower revenues. It has R$4.2b liquidity, which was strenthened via several measures
Air Transport

Paul Kent to Chief Commercial Officer-Europe, Americas and Africa, based in London, of BOC Aviation (effective June 1).
Air Transport

ACI

ACI says year-over-year pax traffic declined 10.7% in February; cargo fell 0.5%.
Air Transport

KLM

KLM began gradual restoration of its European network with daily E-Jet flights to Barcelona, Madrid, Rome, Milan, Budapest, Prague, Warsaw and
Air Transport