VIRGIN ATLANTIC AIRWAYS

Aug 05, 2020
VIRGIN ATLANTIC AIRWAYS, which is 49%-owned by DELTA AIR LINES, filed for Chapter 15 bankruptcy protection in the US.
Air Transport

VIRGIN AUSTRALIA

Aug 05, 2020
VIRGIN AUSTRALIA (along with BAIN CAPITAL) announced rebuilding plan to remove its ATRs, 777s, A330s, and (Tigerair) A320s and operate simplified all…
Air Transport

DAE

Aug 05, 2020
DAE posted $121.7m net income for 1H20 (vs $197.1m in 1H19) on 8.5% lower revenues. It has $2.82b of available liquidity.
Air Transport

WIZZ AIR

Aug 05, 2020
WIZZ AIR sold/leased back two GTF-powered A321neos to unidentified investor in deal arranged by FPG and FPG Amentum.
Air Transport

Virgin Australia To Drop Widebody Fleet, Cut Workforce

By Adrian Schofield Aug 05, 2020
Virgin Australia has revealed plans for its scaled down post-coronavirus operation, which involve major changes to its workforce, network and fleet.
Airlines & Lessors

Taiwanese Carriers Launch Flights-To-Nowhere

By Chen Chuanren Aug 05, 2020
Upping the ante from the successful “airport boarding” experience in July, Taiwan’s four carriers all launched flights-to-nowhere in line with Father’s Day celebrations on Aug. 8.
Airlines & Lessors

Garuda Juggles Payments, In Talks With Lessors After Legal Action

By Chen Chuanren Aug 05, 2020
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
Airlines & Lessors

Asia’s Long-Haul LCCs Face Up To Post-COVID-19 Landscape

By Adrian Schofield Aug 05, 2020
Asia-Pacific has led the way on low-cost long-haul, but even the pioneers are facing post-coronavirus challenges.
Airlines & Lessors

Virgin Atlantic Seeks Bankruptcy Protection In U.S. Court

By Karen Walker Aug 04, 2020
UK carrier Virgin Atlantic, which is 49% owned by Delta Air Lines, filed for bankruptcy protection in a New York court Aug. 4. The move comes just…
Airlines & Lessors

Frontier Airlines Alerts Pilots, Flight Attendants Of Potential Furloughs

By Ben Goldstein Aug 04, 2020
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
Airlines & Lessors

FRAPORT

Aug 04, 2020
FRAPORT lost €231m on €911m revenues in 1H20 vs €165m profit on £1.8b in 1H19.
Air Transport

LONDON HEATHROW

Aug 04, 2020
LONDON HEATHROW lost £1.1b on £712m revenues in 1H20 vs £7m profit on £1.5b in 1H19. It expects 2020 pax traffic will be >60% lower than in 2019.
Air Transport

ALLIANCE AVIATION

Aug 04, 2020
ALLIANCE AVIATION agreed to acquire 14 E190s, plus spares package and six spare CF34s, from Azorra Aviation for delivery starting in September in US…
Air Transport

IBOM AIR

Aug 04, 2020
IBOM AIR, Nigeria acquired two ex-Adria Airways CRJ900s (15283/15284) from Formidion Aviation, Dublin.
Air Transport

PORTER AIRLINES

Aug 04, 2020
PORTER AIRLINES further pushed back its return-to-service date to October 7, from previously announced target of Aug 31.
Air Transport

Poll: Will Any U.S. Carriers Need To File For Chapter 11 This Year?

Aug 04, 2020
With so much going on within the aviation sector we want to know your views on the key topics and stories.
Air Transport

Daily Memo: In The U.S., Regional Airlines Bear The Brunt Of Pandemic Downturn

By Ben Goldstein Aug 04, 2020
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate. 
Airlines & Lessors

EASA Reminds Airports To Validate Ground-Services Capabilities

By Sean Broderick Aug 04, 2020
EASA is urging European airport operators to ensure ground-handling companies at their facilities are prepared to handle increased traffic as airlines steadily rebuild their networks amid the global COVID-19 pandemic. 
Safety, Ops & Regulation

AVENTURE AVIATION

Aug 04, 2020
AVENTURE AVIATION acquired ex-Air Astana 757-200 (27971) from Elevate Capital Partners, which retained ownership of the two serviceable RB211 engines…
Air Transport

WHO'SNEWS: IATA

Aug 04, 2020
Muhammad Albakri to Senior VP for Customer, Financial and Digital Services (CFDS), based in Geneva, of IATA (effective March 2021).
Air Transport

EASYJET

Aug 04, 2020
EASYJET posted £324.5m pretax loss for third quarter ended June 30 (vs £174.2m profit a year ago) on 99.6% lower revenues, and ended quarter with £2…
Air Transport

JETBLUE AIRWAYS

Aug 04, 2020
JETBLUE AIRWAYS agreed to sell six GTF-powered A321neos to SKY Leasing for leaseback from 2H20.
Air Transport

AIRCASTLE

Aug 04, 2020
AIRCASTLE lost $191m in 2Q20 (vs 31.1m net profit in 2Q19) on 14.3% higher revenues; it owns 274 aircraft. It says it has no new aircraft purchase…
Air Transport

Australia’s Alliance Plans To Add 14 Embraer Jets

By Adrian Schofield Aug 04, 2020
Australian regional and charter carrier Alliance Aviation is buying a fleet of Embraer E190s to take advantage of growth opportunities it foresees in the local market.
Airlines & Lessors

SpiceJet Secures Heathrow Slots, Plans September UK Flights

By David Casey Aug 04, 2020
Indian LCC SpiceJet has secured slots at London Heathrow (LHR), which will allow the airline to commence flight services to the UK in September.
Airlines & Lessors

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.