Coronavirus

LAX handled 3.1m pax in April, down 57% vs April 2019; cargo rose 32%.

NORWEGIAN emerged from Examinership. It has reduced total debt since end of 2019 by about NOK63-65b, discontinued its long haul operations, cut fleet

IATA is projecting global pax numbers will recover to 52% of pre-COVID-19 levels (2019) in 2021, to 88% in 2022 and to 105% in 2023; with 5.6b pax

The Sri Lankan government has announced it will allow international passengers to enter the country again, after a temporary ban due to increased COVID-19 concerns.

GE AVIATION has discontinued development work on its Affinity twin-shaft, twin-fan turbofan for Aerion AS2 supersonic business jet following shut down

Azul revealed the agreement has now been terminated and the airline has instead hired advisors to explore industry consolidation opportunities in the region.

VIVA, Colombia launched new brand (dropped "Air") and accompanying growth plans, expecting to open 15 new international routes in the next three years

DHL EXPRESS is setting up new cargo airline in Austria for 4Q21 to operate intra-European flight services using 757-200PFs transferred from DHL Air UK

QANTAS added seven new domestic routes (E190), increasing total routes added since start of pandemic to 45; and is deploying 787-9 on Sydney-Perth and

SMBC AVIATION CAPITAL earned $15.2m for year ended March 31. It closed $3b of new transactions with leading airline credits, equating to 29% of its

SMBC AVIATION CAPITAL ordered 14 LCC-configured 737-8s for delivery late 2021-2022 to increase its MAX portfolio to 121.

Canada's airlines are adding back capacity more slowly than carriers in other countries, including the US.

A trend among airlines of phasing out four-engine widebody aircraft in favor of smaller, more fuel-efficient two-engine aircraft, including

With vaccinations being rolled out globally and countries slowly exiting lockdowns, airlines are anticipating an uptick in summer. But months after

IBERIA (IAG) unveiled its 4-year Next Chapter plan to focus on emerging from COVID-19 pandemic, based on four pillars around developing Madrid hub to

American Airlines and United Airlines are to increase service to Spain after the European country’s government confirmed that borders would reopen from June 7 to travelers who have been fully vaccinated.

DUBLIN AEROSPACE earned €2.6m on €42.8m revenues for year ended Sep 30 vs €5.7m on €51m a year ago. It established its first overseas MRO subsidiary

AEROCENTURY had $5.4m net loss on $2.5m revenues in 1Q21 vs $10.2m loss on $4.8m in 1Q20; result included impairment losses totaling $6.7m, arising

AERION SUPERSONIC has shut down due to current financial environment that has prevented access to the necessary large new capital requirements to

Indian airline IndiGo has announced an order for 620 CFM International LEAP-1A engines—a move that reinforces the LCC’s intention to take delivery of all of its massive orderbook of Airbus narrowbodies.

The EU COVID certificate will be a digital or paper document showing COVID-19 vaccination status and test results, the aim of which is to encourage a recovery in European travel.

UK Prime Minister Boris Johnson has announced plans to create a “Global Pandemic Radar” in partnership with the World Health Organization (WHO) to track emerging diseases and avert a repeat of the COVID-19 crisis.

Domestic capacity will reach 95% of pre-pandemic levels in the current quarter, the airline said.

If the first quarter is any indication, A&D is about to throttle up share buybacks and dividend payments into afterburn.

India’s carriers are looking to IPOs, share sales and changes in ownership to improve their long-term viability.