Coronavirus

SUN-AIR GERMANY has filed for bankruptcy after German authorities demanded repayment of almost US$10.6m.
Air Transport

EASTAR JET, South Korea is expected to file for court receivership in January 2021 to find a new investor.
Air Transport

AZUL, Brazil is expected to place new A330-900 (1952) into storage upon delivery and could keep aircraft there until 2022.
Air Transport

ALASKA AIR GROUP says its cash burn in 4Q20 was about $350m vs $399m in 3Q20; it expects burn of $125m-$150m in January, based on year-over-year drop
Air Transport

By Alan Dron
The small African nation of Lesotho has banned all flights, both domestic and international, as a precautionary measure to combat the COVID-19 pandemic.
Safety, Ops & Regulation

AIRCASTLE had $2.7m net income on $180.9m revenues for third quarter ended November 30 vs $59.5m on $248.9m a year ago; it owns 260 aircraft (vs 270 a
Air Transport

TRANSDIGM proposed private offering of $1.2b senior subordinated notes to help redeem outstanding notes due 2024..
Aerospace

AIR CANADA agreed to sell two 767-300ERs (TBA) to Cargo Aircraft Management (ATSG) for leaseback as converted freighters; aircraft will be converted
Air Transport

DELTA posted losses of $755m in 4Q20 (vs $1.1b profit in 4Q19) on 65% lower revenues and $12.4b in 2020 (vs $4.8b profit in 2019) on 64% lower
Air Transport

By Aaron Karp
Responding to a newly imposed additional layer of Canadian COVID-19 restrictions, Air Canada said it will reduce 25% of its planned capacity for the balance of the 2021 first quarter.
Airlines & Lessors

By Adrian Schofield
The two carriers contend that resuming Japan-Australia routes will be more viable if they are allowed to cooperate closely.
Airlines & Lessors

By Sean Broderick
Boeing handed over 24 737 MAXs from its stored inventory in December 2020 but lost customers for nearly as many already-built aircraft, an Aviation Week analysis shows.
Aircraft & Propulsion

AVOLON priced private offering of US$1.5b in senior unsecured notes, expected to close on or about January 21.
Air Transport

CAPA (Aviation Week Network) reports global active fleet has increased 3.2% from December 2020 to January 2021.
Air Transport

By Bill Carey
The U.S. Centers for Disease Control and Prevention has issued new testing requirements for COVID-19 that apply to private aviation as well as airline passengers arriving in the U.S. from foreign countries.
Safety, Ops & Regulation

By Helen Massy-Beresford
French airlines have criticized a decision to allow Paris airports operator Groupe ADP to increase charges for 2021, saying it fails to take into account of the “catastrophic” situation the country’s air transport industry finds itself in.
Airports & Networks

By Adrian Schofield
Traffic is continuing to rebound at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, relieving some of the severe financial pressure caused by the COVID-19 pandemic over the past year.
Airports & Networks

By David Casey
Jet2.com has grounded all flights until the end of March as the number of COVID-19 cases in the UK continues to climb.
Airlines & Lessors

By Chen Chuanren
Vietjet Air has secured VND650 billion ($28 million) in its latest bond issue, which was launched in December 2020.
Airlines & Lessors

By Thierry Dubois
As government support materializes, France's supply chain strives to avoid layoffs.
Manufacturing & Supply Chain

在经历了新冠疫情的急剧萎缩之后,在接下来的10年里MRO市场的飞机售后需求将总计达到8870亿美元。
AIr Transport & MRO

By Sean Broderick
The $2 billion in emergency funding allocated to U.S. airports in the most recent COVID-19 pandemic relief package is a much-needed cash injection for an industry sector caught between the proverbial rock and a hard place.
Airports & Networks