Coronavirus

Goals of conserving cash and capitalizing on downtime trigger various approaches during pandemic’s demand crisis.

Arab Air Carriers Organization (AACO) secretary general Abdul Wahab Teffaha speaks to ATW Europe and Middle East correspondent Alan Dron about how his members are managing amid the pandemic as well as the prospects for the increasing number of LCCs in the region.

After shrinking precipitously, the MRO aftermarket demand post-pandemic totals to $878 billion over the next 10 years, growing at a 3.6% CAGR after factoring in fleet and utilization impacts from the COVID-19 pandemic.

AEGEAN AIRLINES, Greece had €28.3m net loss in 3Q20 (vs €90.2m net profit in 3Q19) on 70% lower revenues. It took delivery of its second GTF-powered

AIRASIA GROUP had RM1.2b net loss in 2Q20 (vs RM2m profit in 2Q19) on 86% lower revenues. It says during quarter it disposed of spare engines to

GENESIS PARK ACQUISITION completed $150m IPO (Jefferies as sole bookrunner) to launch special purpose company to deploy capital into the aerospace

The recent good news on COVID-19 vaccines means a big logistics operation ahead for cargo operators.

IATA estimates commercial airlines will take delivery of ~800 new aircraft in 2020, down about 50% from original projections; airlines are currently

Canada’s largest airlines are preparing to relaunch service to Hawaii in December now that the U.S. state has opted to allow Canadians to bypass a mandatory 14-day quarantine if they test negative for COVID-19.

IATA raised projected airline industry net losses to $118.5b for 2020 (vs $84.3b forecast in June) and to $38.7b in 2021 (vs $15.8b); it sees better

Tourism and pilots’ organizations have welcomed an easing of the strict quarantine measures imposed on air passengers arriving in England, but argue more has to be done.

The AirAsia Group is looking to boost capacity in its major Southeast Asian markets thanks to a strong recovery in domestic demand in the countries.

Over 560 flights from Shanghai Pudong (PVG) were canceled as thousands of staff at the airport undergo COVID-19 tests after some cargo handlers contracted the virus.

With COVID-19 restrictions tightening, European carriers are facing an even tougher winter than they feared at the height of the crisis.

The combined carrier will hold a dominant position in the South Korean market and could be among the top 10 largest globally.

Europe’s airline industry is in for a grim winter season.

An airline price war, with a difference, erupted in China in the middle of 2020.

3M and SAFRAN CABIN, CA teamed to develop new materials for 2021 to enhance cleaning and protection features of aircraft cabin equipment and provide

EFW, Germany was selected by CDB Aviation to convert two ex-China Southern A330-300s (958/964) to freighters in 2021.

ALASKA AIRLINES agreed to lease 13 new 737 MAX 9s from Air Lease Corporation for delivery in 4Q21-2022; it also agreed to sell 10 CFM56-powered A320

AEGEAN AIRLINES, Greece is pursuing €120m state aid package in exchange for warrants to buy stock; Aegean shareholders would provide another €60m.

Airlines cannot afford for governments to wait for a COVID-19 vaccine to be widely available before opening up borders, IATA said Nov. 23.

JetBlue Airways flight attendants voted to reject their first ever contract with the airline, setting the stage for another round of negotiations expected sometime next year.

The promise the French industry made this past June to make its supply chain stronger is beginning to materialize.

Chinese airlines generally expect the Civil Aviation Administration of China (CAAC) to withdraw its grounding order on the Boeing 737 MAX no later than March 2021, industry sources said.