Airline Snapshot: Cathay Pacific Airways

Apr 02, 2020
Weekly profile of a major airline.
Air Transport

Leisure Carriers Object To U.S. Continuation Of Service Order

By Ben Goldstein Apr 01, 2020
A trade group representing leisure airlines and ULCCs said the U.S. Government’s proposed “continuation of service” obligation for carriers receiving federal aid unfairly discriminates against airlines with seasonal demand profiles. 
Airlines & Lessors

FAA Finalizes Remote-Inspection Guidance

By Sean Broderick Apr 01, 2020
The FAA has released long-awaited policy on using video links and other “remote technology” to conduct inspections and help validate regulatory compliance, adding to a growing set of procedural changes meant to accommodate social distancing during the coronavirus pandemic. 
Safety, Ops & Regulation

Number Of U.S. ATC Facilities Affected By Coronavirus Climbs

By Bill Carey Apr 01, 2020
The FAA on April 1 listed 21 air traffic control (ATC) facilities that have been affected by the COVID-19 coronavirus, one more than double the number the agency reported a week earlier.
Airports & Routes

Daily Memo: Domestic Networks Will Lead Eventual Asian Airline Recovery

By Adrian Schofield Apr 01, 2020
The COVID-19 crisis shows that while it is good to have a globally diverse network, a strong domestic operation is a major advantage for carriers when a shock disrupts international traffic flows.
Airlines & Lessors

UK Aerospace Collaborates For COVID-19 Ventilator Manufacturing

By Tony Osborne Apr 01, 2020
Some of the biggest names in UK aerospace have joined an industrial consortium with British Formula One motor racing teams to urgently manufacturer medical ventilators to treat patients suffering from COVID-19.
Marketplace

European Commission Approves French Plan To Defer Airline Taxes

By Helen Massy-Beresford Apr 01, 2020
The European Commission (EC) has approved a French scheme allowing airlines to defer the payment of some taxes to help them weather the COVID-19 crisis by reducing pressure on their cash flows. 
Safety, Ops & Regulation

DAE Receives Over 50 Lease-Payment Deferral Requests

By Victoria Moores Apr 01, 2020
Lessor Dubai Aerospace Enterprise (DAE) has received 53 “rent deferral requests” from its customers, representing around 16% of the company’s annual revenue. 
Airlines & Lessors

Air Iceland Connect To Be Integrated Into Icelandair

By Victoria Moores Apr 01, 2020
Air Iceland Connect, Icelandair’s regional subsidiary which operates flights within Iceland and to Greenland, is to be integrated into Icelandair.
Airlines & Lessors

Senators Call On Airlines To Issue Full Refunds For Canceled Flights

By Ben Goldstein Apr 01, 2020
A group of nine U.S. Senators urged U.S. carriers to issue full cash refunds to customers for all flight cancellations made during the COVID-19 crisis.
Safety, Ops & Regulation

Op-Ed: An Opportunity For Meaningful Aviation Industry Sustainability Presents Itself

Patrick Edmond Apr 01, 2020
The eruption of the Indonesian Mount Tambora in 1815 propelled enough volcanic dust into the atmosphere to visibly darken the sun and cool the global climate in the subsequent months, leading 1816 to be described in contemporary accounts as “The Year without a Summer.”
Aircraft & Propulsion

Acro Aircraft Seating Names Former Collins Exec As New CEO

By Victoria Moores Apr 01, 2020
UK-headquartered Acro Aircraft Seating has appointed former Collins Aerospace and B/E Aerospace executive Neil Cairns as its new CEO.
Aircraft & Propulsion

Major Japanese Carriers Trim International Schedules Again

By Adrian Schofield Apr 01, 2020
Japan Airlines (JAL) and All Nippon Airways (ANA) have made further cuts to their summer international schedules as demand continues to fall amid the COVID-19 pandemic.
Airlines & Lessors

Pobeda Becomes First Russian Airline To Suspend All Flying

By Maxim Pyadushkin Apr 01, 2020
Russia’s only LCC Pobeda announced Apr. 1 that it will suspend all regular flights until May 31.
Airlines & Lessors

Pandemic Effects Testing Privatized ANSPs

By Tony Osborne Apr 01, 2020
Air navigation service providers (ANSPs), particularly those that are privately owned, are taking tough steps to ensure they can survive the slump in air traffic caused by the coronavirus crisis.
Safety, Ops & Regulation

Astronics Cutting Workforce, Tapping Financing In Wake Of COVID-19

By Michael Bruno Apr 01, 2020
Astronics, the already embattled provider of aircraft seat technology and other interior products, is “adjusting its workforce” to align with a dropoff in demand due to the coronavirus and sudden economic slowdown.
Interiors & Connectivity

China Southern 2019 Profit Down 9%; Warns Of COVID-19 Impact

By Chen Chuanren Apr 01, 2020
In its 2019 annual report, released Mar. 30, China’s largest airline said that despite cutting frequencies internationally and domestically, it has…
Airlines & Lessors

Air Italy Assets Attracting Several Prospects

By Alan Dron Mar 31, 2020
The liquidators of Air Italy, which collapsed in February, have received several “expressions of interest” in assets of the failed airline.
Airlines & Lessors

The Daily Memo: No Point Left Behind

By Ben Goldstein Mar 31, 2020
When the text of the U.S. Government’s “stage-three” coronavirus stimulus effort was publicly released late last week, industry watchers were left scratching their heads over a vague provision requiring air carriers receiving aid to continue serving “all points” in their networks through Sept. 30.
Safety, Ops & Regulation

UK Government Makes Routes Vow To Repatriate Britons

By David Casey Mar 31, 2020
The UK government has vowed to “work non-stop around the world” to keep air routes and critical transit hubs open so that British residents are able to return to the UK, foreign secretary Dominic Raab has said.
Airlines & Lessors

Dubai To Provide Emirates Equity Amid COVID-19 Crisis

By Helen Massy-Beresford Mar 31, 2020
Emirates Airline is to receive a capital injection from Dubai to help it weather the COVID-19 crisis. 
Airlines & Lessors

DOT Clarifies Some Airline, Contractor Requirements For Grants, Loans

By Sean Broderick Mar 31, 2020
The pot of $29 billion in loan guarantees available for U.S. airlines comes with more restrictions than comparable amounts of available payroll grants, including minimum staffing requirements, though the preliminary U.S. Transportation Department (DOT) procedures leave several major questions unanswered.  
Safety, Ops & Regulation

Avcorp Widens Working Capital Deficit, Credit Line

By Michael Bruno Mar 31, 2020
Avcorp returned to its financial sponsor in early March to significantly increase a credit line, company representatives acknowledged Mar. 31. 
Aircraft & Propulsion

FAA Releases Proposed Pilot Database Rule

By Bill Carey Mar 31, 2020
Under a proposed new regulation, air carriers would be required to enter and share pilot records in an FAA-managed Pilot Records Database (PRD) before making hiring decisions.
Safety, Ops & Regulation

 

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To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.