Coronavirus

PRATT & WHITNEY lost $457m in 2Q20 (vs $449m profit in 2Q19) on 32% lower sales, including 42% lower Commercial OE sales and 51% lower commercial

RAYTHEON TECHNOLOGIES had $3.8b net loss in 2Q20 (vs $1.9b profit) in 2Q19 on 24% higher revenues and says it expects pressures in commercial

France may reconsider plans to build a fourth terminal at Charles de Gaulle, Paris’s biggest airport, because of the COVID-19 pandemic’s impact on air travel demand.

New segments of aviation represent new revenue streams for troubled air navigation service providers (ANSP).

A proposal by Senate Republicans seeks to add billions for defense spending to the COVID-19 relief package, including new money for F-35, P-8 and C-130J procurement.

All flights to and from Vietnamese resort Da Nang have been suspended for at least 15 days after more than a dozen COVID-19 cases sprang up in the popular tourist destination.

The demand dip is triggering delivery slowdowns and orderbook shuffling, but top U.S. carriers remain committed to Boeing’s narrowbody.

Business jet deliveries declined by about 25% in the first half of 2020 compared to the same period a year ago, while turboprop deliveries have fallen

OEMs still producing aircraft in spite of the overwhelming odds they are facing indicate the complexities of their business and the many other factors they need to take into account.

COVID-19 has not just rewritten the airline economics rulebook—it has devoured it.

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

Canadian airline Air Transat restarted commercial operations July 23, resuming a bare-bones schedule of six routes following a 112-day shutdown forced by the COVID-19 pandemic.

Etihad Airways plans to make possession of a negative COVID-19 certificate a compulsory part of passengers’ documentation when traveling to or from the company’s Abu Dhabi base.

TAP plans in September to operate about 40% of its normal pre-Covid schedule, or close to 700 weekly flights (76 routes).

VOLARIS had MXP1.6b net loss for 2Q20 (vs MXP119m net profit in 2Q19) on 82% lower revenues, and ended quarter with MXP10b in liquidity. It returned

ULCC Ryanair said it could not rule out further redundancies or pay cuts if the economic situation caused by the COVID-19 pandemic worsens this winter.

Ask the Editors: It is likely that Spirit AeroSystems will try to acquire Bombardier’s aerostructures operations—but for less money.

LONDON—A sudden upsurge in COVID-19 cases led the UK government to reimpose quarantine measures on travelers arriving from Spain, bringing fresh confusion to airlines and passengers.

Southwest Airlines will refrain from laying off workers or cutting pay rates and benefits through year end, despite persistently weak customer demand caused by the COVID-19 pandemic.

Freshly trained Indian Air Force pilots on July 27 ferried five Dassault Rafale fighters to Ambala Air Force Station, where they will become part of the N°17 Squadron “Golden Arrows.”

FAA issued AD to inspect engine bleed air 5th stage check valve for corrosion on CFM56-powered 737s (in storage or with <10 flight cycles since return

The Austrian government now requires travelers from 32 nations to get a PCR test on arrival in the country to check whether or not they have COVID-19.

FRONTIER AIRLINES withdrew plans for $700m IPO. It had planned to list on the Nasdaq under the symbol FRNT.

RYANAIR had €185m net loss for first quarter ended June 30 (vs €243m net profit a year ago) on 95% lower revenues; pax traffic fell 99%. It says it

Israel Aerospace Industries (IAI) has completed the first flight of a Heron TP medium-altitude, long-endurance unmanned air system to be operated by Germany.