Coronavirus

By Ben Goldstein
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
Airlines & Lessors

FRAPORT lost €231m on €911m revenues in 1H20 vs €165m profit on £1.8b in 1H19.
Air Transport

LONDON HEATHROW lost £1.1b on £712m revenues in 1H20 vs £7m profit on £1.5b in 1H19. It expects 2020 pax traffic will be >60% lower than in 2019.
Air Transport

PORTER AIRLINES further pushed back its return-to-service date to October 7, from previously announced target of Aug 31.
Air Transport

With so much going on within the aviation sector we want to know your views on the key topics and stories.
Air Transport

By Ben Goldstein
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate.
Airlines & Lessors

By Sean Broderick
EASA is urging European airport operators to ensure ground-handling companies at their facilities are prepared to handle increased traffic as airlines steadily rebuild their networks amid the global COVID-19 pandemic.
Safety, Ops & Regulation

VIRGIN GALACTIC announced underwritten public offering of 20.5m shares of common stock to raise $460m in gross proceeds for general corporate purposes
Aerospace

SPIRIT AEROSYSTEMS had $256m net loss in 2Q20 (vs $168m net income in 2Q19) on 68% lower revenues, and ended quarter with $1.9b in cash. It delivered
Aerospace

EASYJET posted £324.5m pretax loss for third quarter ended June 30 (vs £174.2m profit a year ago) on 99.6% lower revenues, and ended quarter with £2
Air Transport

JETBLUE AIRWAYS agreed to sell six GTF-powered A321neos to SKY Leasing for leaseback from 2H20.
Air Transport

AIRCASTLE lost $191m in 2Q20 (vs 31.1m net profit in 2Q19) on 14.3% higher revenues; it owns 274 aircraft. It says it has no new aircraft purchase
Air Transport

By Molly McMillin
Embraer has launched a Medevac version of its Phenom 300 light jet called the Phenom 300MED for civil and government applications.
Safety, Ops & Regulation

By David Casey
Weekly scheduled airline capacity has risen to more than half of the level recoded this time in 2019—although the pace of recovery is differing from region to region.
Airports & Networks

By Adrian Schofield
Philippine Airlines (PAL) and other carriers based in the country have canceled all domestic flights to and from the key Manila market due to a resurgence of COVID-19 cases.
Airports & Networks

With so much going on within the aviation sector we want to know your views on the key topics and stories.
Air Transport

By Henry Canaday
The Chinese domestic airline market has recovered more quickly from the virus crisis than markets elsewhere, but Chinese MRO is still heavily
MRO

TRONOS AVIATION CONSULTING, WA forecasts new aircraft seat production at $1.57b for 2020 vs $3.6b in 2019; total 5-year interior aftermarket forecast
Aerospace

MITSUBISHI HEAVY INDUSTRIES says its Aircraft, Defense & Space unit lost ¥62b for first quarter ended June 30 (vs ¥29.4b profit a year ago) on 2%
Aerospace

AIRASIA X earned (EBITDA) RM94m in first quarter ended June 30 (vs RM264.5m a year ago) on 21% lower revenues.
Air Transport

JAL

JAL had ¥93.7b net loss in first quarter ended June 30 (vs ¥12.9b net profit a year ago) on 78.1% lower revenues; it has ¥394.3b cash. It says it
Air Transport

TUI TRAVEL AVIATION FINANCE agreed to sell five 737 MAX-8s to BOC Aviation for leaseback from 2021 for operation by TUI.
Air Transport

AIR INDUSTRIES GROUP says it is accelerating its growth strategy in response to pandemic-induced, severe contraction in aerospace industry; it issued
Aerospace

UNITED AIRLINES plans to resume service on nearly 30 international routes in September and says it intends to fly 37% of its overall schedule (30%
Air Transport

ARLINGTON CAaPITAL PARTNERS agreed to acquire Triumph Group's composites operations (structural and engine composite fabrications and assemblies)
Aerospace