Coronavirus

London-based aircraft dealer Steve Varsano warns that the burgeoning urban air mobility industry may herald the end of the helicopter business, and, in the longer term, it could supplant the light jet segment too.

Steve Varsano, founder and owner of London-based aircraft dealership The Jet Business, found himself the victim of two police raids at his office after reports of a large party. But the attendees were cardboard cutouts.

AVIANOR, Montreal was selected by Kenya Airways to convert passenger cabins of two 787-8s to carry (up to 16 tons) cargo.

JSFIRM.COM says it had 19% rise in job postings in 4Q20, and has record number of job postings in January, even compared to pre-pandemic numbers.

TRIUMPH GROUP had $68.1m net loss on $426m sales for third quarter ended December 31 vs $13.2m loss on $705m a year ago

Vietnam Airlines has posted a loss of VND11.1 billion ($483 million) for 2020 as border closures curtailed revenue from international flights.

What leaders should do when we again are free to move about.

Airline sector’s most serious crisis ever is also an opportunity as new airlines worldwide prepare to fly.

AIRCRAFT END-OF-LIFE SOLUTIONS (AELS), Netherlands took delivery of ex-Brussels A330-200 (249) for part out.

UNITE voted overawhelmingly to support introduction of shorter work weeks at AIRBUS BROUGHTON to avoid layoffs.

BOEING removed 118 777X orders from backlog under ASC 606 accounting rules, resulting in firm backlog of 191 aircraft.

SUNWING received Large Employer Emergency Financing Facility (LEEFF) from Canada Enterprise Emergency Funding to access to C$375m of liquidity to

QATAR AIRWAYS CARGO removed its last four A330-200Fs from service and now operates 24 777Fs and two 747Fs.

Several elements of Dubai’s aviation infrastructure have combined to speed up the distribution via the Gulf emirate of COVID-19 vaccines—particularly to poorer countries.

Several Star Alliance airlines have reduced their February capacity further after stricter travel restrictions designed to stem the spread of COVID-19 made air travel nearly impossible.

Sunwing Airlines has become the first carrier to receive financial support from the Canadian federal government since the COVID-19 crisis began.

Philippine Airlines (PAL) has confirmed it will have to cut its workforce by almost a third as a result of the COVID-19 crisis.

Virgin Australia has pushed back its target for resuming short-haul international flights as prospects for a two-way travel bubble with New Zealand appear to be fading.

After losing nearly $35 billion in 2020, U.S. carriers are confident of a demand rebound. They are just unsure about the timing.

MIAMI INTL handled record 2.32m tons of cargo in 2020, up >25% vs 2019.

As U.S. airlines wait for the country’s Centers for Disease Control and Prevention to make a firm decision on requiring domestic travelers to test negative for COVID-19 prior to travel, Hawaiian Airlines’ unique experience has resulted in the operator building up an exclusive testing network.

Japan Airlines (JAL) now expects to record a net loss of ¥300 billion ($2.9 billion) for 2020 after its hopes for traffic recovery in the current quarter were dashed by a resurgence of COVID-19 cases in the country.

RYANAIR posted €306m net loss for third quarter ended December 31 (vs €88m profit a year ago) on 82% lower revenues; year-over-year traffic fell 78%

MOOG had $81m in commercial aircraft revenues in first quarter ended Jan 2, down 51% vs a year ago; aftermarket fell 32%.

AMERICAN AIRLINES says it expects to take delivery of six more 737 MAXs in 2021 and 10 in 2022, but has right to defer last 13 to 2023 or 2024; it