Coronavirus

While U.S. airlines expect a strong summer, the demand comeback will be much slower elsewhere.

Many predicted a huge spike in aircraft retirements when COVID-19 hit. But that didn’t happen.

As suppliers prepare for a presumed rebound in demand for parts and services to support global airline fleet activity, mitigating risk of inevitable future disruptions is top of mind.

More than a year into the COVID-19 crisis and with airlines still under unprecedented pressure, the question of airport slots is proving the adage that you can’t please all the people all of the time.

AMERICAN has secured $3.3b from US Treasury via Payroll Support Program 3 in exchange for stock warrants.

FINNAIR lost €143.2m in 1Q21 (vs €91.1m loss in 1Q20) on 80% lower revenues, ending quarter with €665.3m cash. It increased its savings target of

RYANAIR issued early release of its Summer 2022 schedule that includes >10,000 weekly flights to 500 destinations in Europe.

LAX handled 2.6m pax in March, down 20.5% vs March 2020.

American Airlines is on track to complete its long-running Boeing 737-800 cabin reconfiguration in the coming weeks, ensuring the entire fleet will be available to support the carrier’s growing summer schedule.

EMBRAER delivered 13 business jets (10 Phenoms/three Praetors) in 1Q21 vs nine (five Phenoms/four Praetors) in 1Q20.

EMBRAER delivered nine commercial jets (two E1s/seven E2s) in 1Q21 vs five (three E1s/two E2s) in 1Q20.

AEROCENTURY, CA received Bankruptcy Court authorization to continue to access funding and approval for marketing and sale procedures with respect to

AIRCASTLE extended $1b revolving credit facility with ten global financial institutions from June 2022 to April 2025.

JETBLUE had $247m net loss in 1Q21 (vs $268m loss in 1Q20) on 54% lower revenues. It ended quarter with $3.2b in cash.

COLLINS AEROSPACE earned $314m on $4.4b sales in 1Q21 vs $1.2b on $6.4b in 1Q20; and PRATT & WHITNEY earned $20m on $4b sales in 1Q21 vs $475m on $5

Thai AirAsia’s (TAA) parent company Asia Aviation Public Company Limited is planning to list the LCC on the Thai stock exchange as part of a move to accept a loan from an undisclosed investor.

Major airports across Europe need to face up to a looming shortfall in capacity from next winter as airlines continue to restructure their operations, Ryanair DAC CEO Eddie Wilson told delegates at Routes Reconnected.

Finnair has raised its savings target by a further €30 million ($36 million) to €170 million by 2022 as it aims to increase the scale of permanent reductions to its cost base.

The UK CAA has rejected Heathrow Airport’s request for £2.6 billion ($3.6 billion) to cover COVID-19 pandemic-related losses, labeling the claim as “disproportionate and not in the interests of consumers.”

Airports and airlines will need to be “very creative in finding new solutions” to cope with the post-pandemic aviation market, a panel at Routes Reconnected heard on April 26.

As the industry looks for signs of recovery, slot distribution remains a delicate balance for airlines, airports and authorities.

FLIGHTAWARE says China has officially surpassed 2019 commercial flight traffic levels for first time since pandemic began.

The latest survey of more than 40 service providers suggests a shift in MRO spending is well underway.

LCC IndiGo has agreed to a sale and leaseback deal with lessor GECAS covering 14 CFM LEAP-powered Airbus A320neos, as India battles a crippling second wave of coronavirus infections.

SINGAPORE AIRLINES plans May 4 to resume Singapore-Denpasar (737-800).