Coronavirus

As business aviation rebounds in the wake of the COVID-19 pandemic, owners and operators are returning idled aircraft back into service, Cleveland-based Constant Aviation reports.

Aegean Airlines has disclosed that although its Airbus A320/321neo order remains unchanged, it is seeking some “adjustments and flexibility” as management tries to shield the business from the COVID-19 crisis.

Singapore Airlines (SIA) has secured another S$750 million ($541 million) in funding, taking the total liquidity it has raised since April 1 to S$11 billion.

Jeju Air has pulled out of a deal to purchase a controlling stake in fellow South Korean LCC Eastar Jet, putting Eastar’s survival into question.

Rolls’ need to fund UltraFan development drives speculation about renewed cooperation.

While AirAsia’s Malaysia and Thai units will likely be OK, its offshore franchises and AirAsia X are under much more survival pressure.

As airlines explore many strategies to navigate the ongoing COVID-19 new reality, Qatar Airways Group CEO Akbar Al Baker believes it is inside the cabin that ultimately makes the difference in boosting passenger confidence to fly again.

VIRGIN ATLANTIC restarted pax flights (after 3-month pause) with service to Hong Kong, Los Angeles and New York.

Chris Moore is president of business aviation for Satcom Direct, based in Melbourne, Florida. Moore joined Satcom in 2012 as chief commercial officer and was promoted to his current position as president in March 2019.

CONSTANT AVIATION reports that its AOG division (mobile response team) is operating at 120% capacity to help bring idled aircraft back to service.

CATHAY PACIFIC estimates it lost HK$9.9b for the six months ended June 30 vs HK1.3b net profit a year ago; result includes impairment charges of HK$2

AAR had $4.4m net income on $2.07b sales for year ended May 31 vs $7.5m on $2.05b a year ago; year-over-year fourth quarter sales drop 26% due to the

The Jordanian government has intervened to support flag-carrier Royal Jordanian in the form of a “comfort letter” for the cash-strapped airline.

Ask the Editors: The A380’s competitive disadvantage is that airlines need a very high passenger load factor to make the economics work.

The Civil Aviation Authority of Singapore (CAAS) and EASA have signed a Memorandum of Cooperation to validate and harmonize aviation health safety measures relating to the COVID-19 pandemic.

QANTAS completed final flight of its last 747-400 (32914; to be parked at Mojave); it received first 747 in August 1971.

JET TIME, Denmark filed for bankruptcy in Copenhagen Court; it is currently grounded, but plans to restart in mid-2021.

UNITED posted $1.6b net loss for 2Q20 (vs $1.1b net profit in 1Q19) on 87.1% lower revenues. It has $15.2b total liquidity, which is expected to

BOMBARDIER reports its 2Q20 cash usage was $500m better than expected and it secured commitment from investment funds and accounts managed by HPS

A request for proposals for the Regional Glide Phase Weapon System contract has been delayed since April as the Missile Defense Agency continues to review performance requirements, including data from recent hypersonic testing.

Space situational awareness provider LeoLabs is to locate its fourth space radar in Costa Rica.

The Malaysian Ministry of Transport is estimating its air transport industry will record a MYR13 billion ($3 billion) loss for 2020 following travel restrictions and a drop-off in demand caused by the COVID-19 outbreak.

Airlines for Europe (A4E) is stepping up its efforts to get another slot waiver for the winter timetable, offering to abide by a code of conduct to reach a compromise with airports ahead of a possible approval by the European Commission (EC).

Cathay Pacific has reached a deal with Airbus to extend the delivery window for its A350s and A321neos by two years, and the carrier also confirmed it is talking to Boeing about deferring its 777-9s.

Airframers strive for a balance between the maximum the market will accept and the minimum the supply chain and employees will endure.