Coronavirus

By Victoria Moores
Airlines are increasingly leaning on process automation to overcome the erratic demands of the COVID-19 crisis, making systems reliability even more essential, according to aviation information technology (IT) specialist SITA.
Airlines & Lessors

CABO VERDE AIRLINES secured US$1.2m emergency loan from Cabo Verde Govt through Caixa Económica de Cabo Verde
Air Transport

By Helen Massy-Beresford
Norwegian Air Shuttle is closer to reaching a restructuring agreement to secure its survival.
Airlines & Lessors

By Thierry Dubois
After delays due to a launch failure and the COVID-19 crisis, Avio is proceeding with the development of an upgraded version of its light launcher, Vega C, planning on a three-year transition over 2021-24.
Commercial Space

INDIGO, India sold second/third LEAP-powered A321neos (10323/10151) to SMBC Aviation Capital, and leased them back as part of overall deal for five.
Air Transport

SPIRIT AEROSYSTEMS had $870m net loss on $3.4b revenues in 2020 vs $530m net profit on $7.9b in 2019; it has $34b backlog.
Aerospace

AIR LEASE CORPORATION had $501m net income on $2b revenues in 2020 vs $575m on $2b in 2019, and ended year with owned/managed/committed fleet of 774
Air Transport

By Molly McMillin
Nearly 70% of fixed base operators in the U.S. and Canada responding to a survey say fuel sales dropped in 2020 due to the COVID-19 pandemic, according to an annual FBO fuel sales survey.
Airports, FBOs & Suppliers

By Tony Osborne
A trial to use cargo drones to carry medical supplies and samples in western Scotland has been extended and expanded.
Advanced Air Mobility

By Adrian Schofield
Singapore Airlines and Korean Air are two of the region’s airlines pushing back aircraft deliveries to delay growth and spending.
Program Management

The first half of 2020 will go down as a terrible time for the commercial aviation industry. Since June, the active aircraft fleet has been increasing gradually, providing a glimmer of hope for the industry.
Air Transport

AEROMEXICO (Chapter 11) drew down its third and final disbursement of US$675m under its DIP financing agreement.
Air Transport

By Helen Massy-Beresford
Ever since it became obvious that the state loans and guarantees allocated to Air France-KLM to help it survive the COVID-19 crisis would not be enough, executives and ministers in the group’s home countries have been scrambling to come up with a new solution.
Airlines & Lessors

By Ben Goldstein
A group of major U.S. carriers announced plans to implement voluntary contract tracing for international arrivals, part of a Biden administration effort to better track and contain the spread of COVID-19 through commercial air travel.
Airlines & Lessors

By Alan Dron
UK aviation must have a roadmap out of the depths of the current effective shutdown of international air transport if it is to survive and support the country’s return to normal economic activity, the CEO of London Heathrow Airport has said.
Airports & Networks

CPaT, TX is seeing signs of airline recovery via growing demand for aviation training distance learning (28 new client contracts/upgrades in last 60
Air Transport

BRITISH AIRWAYS (International Airlines Group) raised its total liquidity to £2.45b after securing two new financing agreements comprising £2b UKEF
Air Transport

By Kurt Hofmann
Finnair’s CEO says that the flag-carrier will emerge from the COVID-19 crisis as a leaner business and will focus on repaying debt before investing in new narrowbodies.
Airlines & Lessors

By Chen Chuanren
Thai Airways is reportedly looking to acquire 20 to 30 new aircraft in 2025, by when the air transport industry is expected to have recovered.
Airlines & Lessors

By Michael Bruno
Distressed commercial assets, industry consolidation, red-hot defense niches and macroeconomics will lead to an interesting year in M&As.
Manufacturing & Supply Chain

By Lori Ranson
The carrier believes it is prudent to retain a certain level of flexibility during the industry’s recovery from the COVID-19 crisis.
Airlines & Lessors

By Karen Walker
Most people are willing to travel for business after being vaccinated against COVID-19, a new survey indicates.
Airlines & Lessors

By Alan Dron
Representatives of European pilots and members of the European Parliament have called for an “open skies” agreement between the EU and Qatar to be paused in the light of the COVID-19 pandemic.
Safety, Ops & Regulation

By Ben Goldstein
Atlas Air expects net income to surge in the 2021 first quarter (Q1), boosted by continued strong demand for air freight during the COVID-19 pandemic.
Airlines & Lessors

By Karen Walker
Most people are willing to travel for business after being vaccinated against the COVID-19 virus, a new survey indicates.
Aircraft & Propulsion