Coronavirus

By Alan Dron
Domestic passenger traffic in Norway is recovering steadily from the depths of the COVID-19 pandemic, although international travel remains a shadow of its former self.
Airports & Networks

S&P GLOBAL updated its global air passenger traffic forecasts and now expects traffic (vs 2019) to fall 60-70% in 2020, which is weaker than the 50-55
Air Transport

By Molly McMillin
During the first six months of 2020, business and general aviation avionics sales declined 23.6% from the same time a year ago due to the impact of the COVID-19 pandemic, reversing three consecutive years of growth, the Aircraft Electronics Association says.
Marketplace

ICELANDAIR settled with Boeing on compensation over 737 MAX grounding (it has six); terms are confidential, but it did say deal reduces purchase
Air Transport

CAE

CAE lost C$110.6m in first quarter ended June 30 (vs C$61.5m net income a year ago) on 33% lower revenues; Civil Aviation Training Solutions lost C$97
Aerospace

AZUL reached agreements with its aircraft lessors on debt relief equal to R$3.2b through end 2021. It will follow an adjusted payment schedule based
Air Transport

TGIS AVIATION MANAGEMENT, UK and BCT AVIATION MAINTENANCE, UK formed partnership to offer a combined asset management, storage maintenance and return
MRO

By Bradley Perrett
Chinese domestic airline activity has virtually recovered to its 2019 level as airlines have laid on more capacity than is profitable, apparently to promote a revival in tourism and business travel.
Airlines & Lessors

ALTA members flew 227.5b RPKs in 1H20, down 51.3% vs 1H19; capacity dropped 44.8% to 309.7b ASKs. PLF was 73.4%.
Air Transport

ALTA members flew 4.2b RPKs in June, down 94.3% vs June 2019; capacity dropped 92.9% to 6.4b ASKs. PLF was 65.3%.
Air Transport

By Karen Walker
Two fatal airliner crashes this year are a sober reminder that commercial air travel safety is not all about reducing virus transmission; the pre-pandemic industry definition of safety first remains true.
Safety, Ops & Regulation

By David Casey
Sky Airline is pushing ahead with plans to expand its international network from Peru despite lower passenger demand as a result of the COVID-19 crisis.
Airlines & Lessors

By Mark Carreau
Initial data from NASA’s Osiris-Rex mission spacecraft indicate the probe successfully left its low orbit over the asteroid Bennu on Aug. 11 to carry out a 4 1/2-hr. second close-approach rehearsal in preparation for a brief landing to gather surface material for return to Earth.
Space

By Chen Chuanren
Vietnam Airlines is in the process of securing a VND4 trillion ($171.8 million) government loan as well as another VND8 trillion in charter capital increases as the flag-carrier predicts a VND15.1 trillion loss for 2020.
Airlines & Lessors

By Lee Ann Shay
Expect the GE CF34 to be an engine that will be around for a while and one that will not see many migrate to the desert.
Aircraft & Propulsion

By Sean Broderick
Initial drop of about 50% could be followed by prolonged and uneven climb back to prepandemic demand levels.
Aircraft & Propulsion

By Helen Massy-Beresford, Ben Goldstein
Carriers believe intensified testing can help boost traveler confidence and stimulate demand.
Airlines & Lessors

ERNEST, Italy is expected to re-emerge in late 2020 as regional carrier operating ATR 72-600s. It shut down in January.
Air Transport

US CONGRESS introduced Aviation Manufacturing Jobs Protection Act of 2020 to establish temporary relief program to share up to 50% of costs of pay
Aerospace

BOEING delivered four aircraft (767-300F; 777F; two 787s) in July vs 19 (two 737NGs; three 767s; two 777Fs; 12 787s) in July 2019. It recorded zero
Air Transport

AIR ARABIA lost AED169m in 1H20 (vs AED338m net profit in 1H19) on 53% lower revenues; enplanements fell 57%.
Air Transport

HESTON MRO formed partnership with Toowoomba Wellcamp Airport (near Brisband), Australia to provide short-/long-term aircraft parking services
MRO

By Ben Goldstein
Talks over an extension to the Payroll Support Program (PSP) look set to come down to the wire in September, after negotiations toward another U.S. coronavirus aid package broke down late last week.
Airlines & Lessors

By Molly McMillin
GE Aviation is progressing with engineering and certification testing on its Catalyst engine designed for Textron Aviation’s Cessna Denali single-engine turboprop.
Aircraft & Propulsion

By Alan Dron
Most airline industry analysts and CEOs agree that consumer confidence will not start to return until a COVID-19 vaccine is readily available.
Airlines & Lessors