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Air Transport

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AIR EUROPA

Mar 13, 2020
AIR EUROPA sold two new Trent-powered 787-9s (62517/62518) to Jackson Square Aviation, and leased them back.
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EU

Mar 13, 2020
EU has temporarily suspended airport slot rule (80-20 use it or lose it rule) until June 2020; IATA supported the measure.
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CARIBBEAN AIRLINES

Mar 13, 2020
CARIBBEAN AIRLINES leased second ex-TransAsia ATR 72-600 (1133) from Nordic Aviation Capital.
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AERCAP

Mar 13, 2020
AERCAP drew down remaining funds available from its $4b unsecured revolving credit facility (matures in February 2024) and now has $28.2b of…
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AIR FRANCE-KLM

Mar 13, 2020
AIR FRANCE-KLM has drawn down €1.1b from its revolving credit facility and now has more than €5.5b of total liquidity immediately available to meet…
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OAG

Mar 13, 2020
OAG says Europe-to-US travel ban will affect 10.9% of all international flights and 16.9% of all scheduled international seats; 6,747 flights and…
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US

Mar 13, 2020
US says citizens/permanent residents arriving from Europe’s Schengen Area will be funneled through 11 designated airports: Atlanta, Chicago O'Hare,…
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AVIANCA

Mar 13, 2020
AVIANCA is cutting capacity by 30-40% and says it is monitoring COVID-19 situation very closely.
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SOUTHWEST AIRLINES

Mar 13, 2020
SOUTHWEST AIRLINES plans October 8 to begin Phoenix-Los Cabos/-Puerto Vallarta (737).
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AVIATION CAPITAL GROUP

Mar 13, 2020
AVIATION CAPITAL GROUP closed $650m secured funding facility in support of its growing Aircraft Financing Solutions (AFS) business; facility was…
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SWISS

Mar 16, 2020
SWISS says it is grounding about half of its fleet and taking further precautionary action to safeguard liquidity and revenues over the coming months…
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ALASKA AIR GROUP

Mar 16, 2020
ALASKA AIR GROUP borrowed $388m from existing credit facilities and now has $1.97m in unrestricted cash and short-term investments with 133…
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SPIRIT AIRLINES

Mar 16, 2020
SPIRIT AIRLINES leased new GTF-powered A320neo (9075) from AerCap; aircraft was originally slated for Tianjin Airlines.
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CATHAY PACIFIC AIRWAYS

Mar 16, 2020
CATHAY PACIFIC AIRWAYS agreed to sell six 777-300ERs to BOC Aviation, and lease them back.
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EUROATLANTIC AIRWAYS

Mar 16, 2020
EUROATLANTIC AIRWAYS, Portugal agreed to lease two 787-8s from AerCap for delivery in early 2021.
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HEAVILIFT

Mar 16, 2020
HEAVILIFT, Papua New Guinea leased ex-Czech Airlines ATR 72-500 (761) from Nordic Aviation Capital.
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US DOT

Mar 16, 2020
US DOT has denied antitrust approval to proposed joint venture between HAWAIIAN AIRLINES and JAPAN AIRLINES.
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NORWEGIAN

Mar 16, 2020
NORWEGIAN is reducing its schedule by 85% and furloughing 7,300 workers; most of fleet will be parked.
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VIRGIN ATLANTIC AIRWAYS

Mar 16, 2020
VIRGIN ATLANTIC AIRWAYS is reducing its schedule by 80% and will be parking 75% of fleet by March 26 (85% in April).
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UKRAINE INTERNATIONAL AIRLINES

Mar 16, 2020
UKRAINE INTERNATIONAL AIRLINES is suspending all international service and will operate all-domestic network.
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UNITED AIRLINES

Mar 16, 2020
UNITED AIRLINES is cutting capacity by 50% in April/May and is expecting load factors of 20-30% during period.
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HAWAIIAN AIRLINES

Mar 16, 2020
HAWAIIAN AIRLINES is suspending service to Australia and New Zealand.
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AIR NEW ZEALAND

Mar 16, 2020
AIR NEW ZEALAND is cutting capacity by 85% over coming months and placed itself into a trading halt.
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SAS

Mar 16, 2020
SAS has halted most of its traffic (essentially cancelling all flights) and invoked temporarily reduced its workforce by 90%.
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ETIHAD AIRWAYS

Mar 16, 2020
ETIHAD AIRWAYS has suspended service to several cities and reduced frequencies to others; it says future changes to the route network may occur due…
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AMERICAN AIRLINES

Mar 16, 2020
AMERICAN is reducing international capacity by 75%; it is projecting 20-30% drop in domestic capacity in April/May.
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AIR FRANCE-KLM GROUP

Mar 16, 2020
AIR FRANCE-KLM GROUP is cutting capacity by 70-90% and as a result, Air France will ground its entire A380 fleet and KLM its entire 747 fleet. It has…
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EASYJET

Mar 16, 2020
EASYJET is undertaking significant cancellations and is parking a majority of its A320 Family aircraft.
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INTL AIRLINES GROUP

Mar 16, 2020
INTL AIRLINES GROUP plans to reduce capacity by 75% in April/May and announced suspension of planned executive changes at IAG (Willie Walsh will…
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FINNAIR

Mar 16, 2020
FINNAIR is cutting capacity by 90% and will temporarily operate only 20 routes; it expects substantial loss in 2020.
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DELTA CARGO

Mar 16, 2020
DELTA CARGO is launching charter service for transporting goods (packages to pallets) from 13 US airports to >70 available international destination…
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AIR CANADA

Mar 16, 2020
AIR CANADA is reducing capacity by 50% and withdrawing its 2020 and 2021 guidance; it has C$7.3b liquidity.
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AUSTRIAN AIRLINES

Mar 16, 2020
AUSTRIAN AIRLINES plans March 19 to suspend all flight operations through at least March 28.
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GULF AIR

Mar 16, 2020
GULF AIR announced plans to continue operations to Abu Dhabi, Dubai, Muscat, London, Paris, Frankfurt, Istanbul, Cairo, Mumbai, Delhi, Cochin,…
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AZUL

Mar 16, 2020
AZUL is cutting capacity by 20-25% in March and by 35-50% from April; all international flights, except those from Campinas, will be suspended. It is…
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UNITED AIRLINES

Mar 16, 2020
UNITED AIRLINES leased ex-China Southern A319-100 (1986) with V2500s from AerCap.
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AIRLINES FOR AMERICA

Mar 16, 2020
AIRLINES FOR AMERICA (A4A) is recommending a combination of grant, loan and tax relief programs from US government to provide immediate and medium-to…
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THAI AIRWAYS INTERNATIONAL

Mar 17, 2020
THAI AIRWAYS INTERNATIONAL has approached Amedeo Air Four Plus for support measures for four leased A350s.
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APG AIRLINES

Mar 17, 2020
APG AIRLINES joined IATA and is now registered as an IOSA operator; it has one King Air 350.
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SOUTHWEST AIRLINES

Mar 17, 2020
SOUTHWEST AIRLINES took out a $1b, 364-day loan from a syndicate of lenders. It says it has experienced extreme declines in bookings in March and…
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GOL

Mar 17, 2020
GOL is cutting capacity by 60-70%, including 50-60% in domestic capacity and 90-95% in the international market.
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SILVER AIRWAYS

Mar 17, 2020
SILVER AIRWAYS has directly requested financial aid for US Govt to survive COVID-19.
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AEGEAN AIRLINES

Mar 17, 2020
AEGEAN AIRLINES had €78.5m net income in 2019 (vs €67.9m in 2018) on 10.4% higher reveunes; enplanements rose 7.3%. It is drastically reducing…
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QANTAS GROUP

Mar 17, 2020
QANTAS GROUP is now acurring international capacity by about 90% through at least the end of May (vs original plan of 23%); domestic capacity is…
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AIRASIA

Mar 17, 2020
AIRASIA is cancelling all flights to Manila, Philippines (both Aquino and Clark) until April 14. AIRASIA X has also mandated AMS Aircraft Services…
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CATHAY PACIFIC AIRWAYS

Mar 16, 2020
CATHAY PACIFIC AIRWAYS agreed to sell six 777-300ERs to BOC Aviation, and lease them back.
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SINGAPORE AIRLINES GROUP

Mar 17, 2020
SINGAPORE AIRLINES GROUP is decreasing capacity by 50%, but expects further cuts moving forward as it expects the pace of industry deterioration to…
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CABO VERDE AIRLINES

Mar 17, 2020
CABO VERDE AIRLINES is suspending all operations through at least mid-April following decision to close country´s borders.
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AIRLINE PASSENGER EXPERIENCE ASSN

Mar 17, 2020
AIRLINE PASSENGER EXPERIENCE ASSN (APEX) is advocating world's governments issue $250b in airline industry relief.
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NORDWIND AIRLINES

Mar 17, 2020
NORDWIND AIRLINES agreed to lease two ex-Vietnam A330-200s (1256/1266) with PW4170s from Air Lease Corporation.
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UKRAINE INTERNATIONAL AIRLINES

Mar 18, 2020
UKRAINE INTERNATIONAL AIRLINES has suspended all scheduled operations after its government closed the borders.
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TRANSAT

Mar 18, 2020
TRANSAT, Canada plans to gradually suspend all air operations after its nation closed its borders to foreign nationals.
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UNITED AIRLINES

Mar 16, 2020
UNITED AIRLINES leased ex-China Southern A319-100 (1986) with V2500s from AerCap.
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JETBLUE

Mar 18, 2020
JETBLUE is cuttng capacity by 40% in April/May, with substantial cuts expected in June/July. It is grounding some aircraft and working with Airbus to…
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VIRGIN AUSTRALIA

Mar 18, 2020
VIRGIN AUSTRALIA is suspending all international service and cutting domestic capacity by 50%. It is grounding 53 aircraft: five 777s, an A330 and 14…
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SOUTH AFRICAN AIRWAYS

Mar 18, 2020
SOUTH AFRICAN AIRWAYS has cancelled 162 flights (38 international/124 regional) through end of March and says going forward it will operate flights…
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ALITALIA

Mar 18, 2020
ALITALIA is operating special schedule to select destinations to return Italian citizens to country; Italian Government is reportedly looking to re…
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AIR MALTA

Mar 18, 2020
AIR MALTA is suspending scheduled operations on March 20 until further notice; it will operate special flights for government.
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JETSTAR ASIA

Mar 18, 2020
JETSTAR ASIA is temporarily suspending all services from March 23 to at least April 15, and is grounding its 18 A320s.
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CHORUS AVIATION

Mar 18, 2020
CHORUS AVIATION updated its liquidity; it has cash balance of C$132m and revolving operating facility of C$100m, of which C$75m is committed. It owns…
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ACI

Mar 18, 2020
ACI is projecting COVID-19 will result in airport industry losses of at least $20-25b in 2020 and is recommending policies to alleviate shortfalls…
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DELTA

Mar 18, 2020
DELTA is now cutting capacity by 70% (80% international) until demand starts to recover; it says year-over-year revenues are down $2b in March and…
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ALLEGIANT

Mar 19, 2020
ALLEGIANT is cutting capacity by 15% in April/May, but expects drop to grow to 30-35%; flexible scheduling for seasonal peaks, adjusted regularly to…
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AIR ANTWERP

Mar 19, 2020
AIR ANTWERP, Belgium is suspending operations on March 20 until at least april 10 in compliance with government measures.
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AIR SEYCHELLES

Mar 19, 2020
AIR SEYCHELLES took delivery of new LEAP-powered A320neo (9394) on lease from Air Lease Corporation (SPNWS; Dec 13).
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TUI AIRWAYS

Mar 19, 2020
TUI AIRWAYS, UK leased ex-Pegasus 737-800 (33605) from BBAM.
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BOC AVIATION

Mar 19, 2020
BOC AVIATION confirmed (as of March 16) it has placed all 60 of its remaining aircraft scheduled for delivery in 2020.
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AMERICAN

Mar 19, 2020
AMERICAN took delivery of first (65990) of 22 GEnx-powered 787-8s on lease from BOC Aviation (SPNWS; March 13).
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AIR CANADA

Mar 16, 2020
AIR CANADA is reducing capacity by 50% and withdrawing its 2020 and 2021 guidance; it has C$7.3b liquidity.
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FLIGHTRADAR24

Mar 19, 2020
FLIGHTRADAR24 says at one point on March 19 it was tracking about 9,900 flights worldwide vs 15,100 a year ago.
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US DOT

Mar 19, 2020
US DOT reports world's airlines carried 1.1b pax in/to US in 2019, up 3.9% vs 2018; international pax rose 2.4% to 241m.
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NORWEGIAN

Mar 19, 2020
NORWEGIAN flew one pax ona flight between Tel Aviv and Barcelona (737NG), according to social media post.

Aerospace

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BOEING

Mar 13, 2020
BOEING joined the Renewable Energy Buyers Alliance (REBA) in support of its goals to reduce greenhouse gas emissions by 25% by 2025.
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STRATA MANUFACTURING

Mar 16, 2020
STRATA MANUFACTURING (Mubadala) deployed two MTORRES Automatic Tape Laying (ATL) machines to support A350-900 manufacturing capabilities.
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OXFORD ADVANCE SURFACES

Mar 16, 2020
OXFORD ADVANCE SURFACES and 2-DTECH teamed to incorporate nano-materials into OAS’ Onto chemistry platform to deliver enhanced mechanical performance…
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AIRBUS

Mar 17, 2020
AIRBUS paused production and assembly activities at its French and Spanish sites this week to implement stringent health and safety conditions (in…
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ALLEGHENY TECHNOLOGIES

Mar 17, 2020
ALLEGHENY TECHNOLOGIES (ATI) plans to realign into two business segments, comprising High Performance Materials & Components and Advanced Alloys &…
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TELEDYNE CONTROLS

Mar 17, 2020
TELEDYNE CONTROLS launched Loadstar Server Enterprise 3 (LSE 3) software configuration management and distribution tool that eliminates use of floppy…
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WILLIS LEASE FINANCE

Mar 17, 2020
WILLIS LEASE FINANCE says previously announced negotiations with investor group, including Charles F. Willis, Austin Willis and CFW Partners,…
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MITSUBISHI

Mar 18, 2020
MITSUBISHI completed first flight of first SpaceJet M90 flight test vehicle (FTV10) at Nagoya. It now plans to continue flight tests in Nagoya, then…
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INCORA

Mar 18, 2020
INCORA was announced as new name for new company formed via merger of WESCO AIRCRAFT and PATTONAIR.

MRO/Defense

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RUAG MRO SWITZERLAND

Mar 13, 2020
RUAG MRO SWITZERLAND was selected by RNLAF for PC-7 maintenance.
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PACIFIC PROPELLER INTERNATIONAL

Mar 13, 2020
PACIFIC PROPELLER INTERNATIONAL launched C-130 brake system repair and overhaul services out of its 64,000 sq ft facility in Washington state.

Who'sNews

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WHO'SNEWS: CIRCOR

Mar 13, 2020
Abhishek Khandelwal to Senior Vice President and Chief Financial Officer of CIRCOR, Burlington, MA.
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WHO'SNEWS: LOCKHEED MARTIN

Mar 16, 2020
James D. Taiclet to President and CEO of Lockheed Martin (effective June 15); Marilyn A. Hewson will become Executive Chairman.
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WHO'SNEWS: CALC

Mar 16, 2020
Jon Howey to Senior Vice President-Global Aviation Risk Management, based in Dublin, of CALC.
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WHO'SNEWS: SWISS INTERNATIONAL AIR LINES

Mar 17, 2020
Markus Binkert to Chief Financial Officer of Swiss International Air Lines (SWISS).
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WHO'SNEWS: SWISS INTERNATIONAL AIR LINES

Mar 17, 2020
Thomas Frick to Chief Operating Officer of Swiss International Air Lines (SWISS).

MRO

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MEGGITT

Mar 16, 2020
MEGGITT has 3-year EGAT contract to provide spares and maintenance/repair for fire extinguishers and safety harnesses.
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AERO DESIGN GLOBA

Mar 16, 2020
AERO DESIGN GLOBAL and GROUND MAINTENANCE TECHNICS (GMT) teamed to provide full CAMO, DOA and MRO services in Iceland.
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AERONAUTICAL ENGINEER

Mar 17, 2020
AERONAUTICAL ENGINEERS has Nauru Airlines contract to convert 737-300 (28732) to 10-pallet freighter starting in late May 2020; COMMERCIAL JET will…
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ARSA

Mar 18, 2020
ARSA is urging US Govt to provide repair stations with $11b in grants/loans, plus 50% tax credit for contract maintenance through end of 2020; MRO…
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DALLAS AERONAUTICAL SERVICES

Mar 18, 2020
DALLAS AERONAUTICAL SERVICES (DAS) has received ISO 9001:2015 and AS9110 C Rev C registrations for quality in overhaul and repair support of…
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RYANAIR

Mar 18, 2020
RYANAIR expects to reduce capacity by up to 80% in April/May, and says a full grounding of its fleet cannot be ruled out.
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ST ENGINEERING

Mar 18, 2020
ST ENGINEERING established S$5m mulitcurrency medium term not program to support its long-term growth strategy.
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AV8 GROUP

Mar 19, 2020
AV8 GROUP, TX has FAA-DER approval for replacement part for COBHAM audio control panel push button assembly for A300s.

Business Aviation

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NBAA

Mar 16, 2020
NBAA and EBAA cancelled its European Business Aviation Convention & Exhibition (EBACE2020), scheduled for May 26-28.
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NBAA

Mar 16, 2020
NBAA has cancelled all scheduled events/meetings that were scheduled through July 1 in conjunction with CDC guidance.
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HONEYWELL

Mar 18, 2020
HONEYWELL introduced Honeywell Forge data-driven analytics platform that provides mission-management capabilities in the areas of connectivity,…
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WEST STAR AVIATION

Mar 19, 2020
WEST STAR AVIATION completed first-ever, 24-year, 4th C Inspection on a Falcon 900EX at its facility in Alton, IL; workscope included in-depth…

Defense

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KAMAN UK

Mar 16, 2020
KAMAN UK has delivered its 80,000th rear fuselage packer to BAE Systems for its F-35 manufacturing program; it has also supplied 1,000 plenum ducts.
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TEXTRON AVIATION DEFENSE

Mar 16, 2020
TEXTRON AVIATION DEFENSE has $70.2m USAF contract to supply two Beechcraft AT-6 Wolverine aircraft, pilot training, engineering services and up to…

Aerospace/MRO

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CAVU AEROSPACE

Mar 16, 2020
CAVU AEROSPACE has increased capacity for storage, maintenance and dismantling at its facilities in Roswell, NM; Victorville, CA; and Stuttgart, AR.

Aerospace/Defense

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BDLI

Mar 18, 2020
BDLI and MESSE BERLIN have cancelled ILA Berlin 2020, which had been scheduled for May 13-17.

Air Transport/Cargo

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FEDEX EXPRESS

Mar 18, 2020
FEDEX EXPRESS earned $137m in third quarter ended February 29, down from $389m a year ago; its operating margins fell to 1.5% from 4.3%.

Aerospace/Training

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ENTROL

Mar 18, 2020
ENTROL has Turin Flying Institute order for an en-4000 FNPT II MCC simulator.