Air Transport

MAGI AVIATION CAPITAL opened a regional office in Doha, Qatar.

SINGAPORE AIRLINES GROUP lost S$1.8b in six months ended Sept 30 (vs S$413m net profit a year ago) on 80% lower revenues; SINGAPORE AIRLINES/SIA CARGO

AIR CANADA had C$685m net loss in 3Q20 (vs C$636m net profit in 3Q19) on 86% lower revenues; it has C$8.2b in liquidity.

Norwegian Air Shuttle said it was facing a “very uncertain future” after Norway’s government said it would not provide further financial support.

AVIATION CAPITAL GROUP had $125.6m net income on $765m revenues in 3Q20 vs $100.7m on $843m in 3Q19.

Singapore Airlines (SIA) is weighing its option to raise another S$6.2 billion ($4.6 billion) in mandatory convertible bonds (MCB) as it burns through S$300 million in cash monthly amid slower than expected recovery.

Ben Minicucci to Chief Executive Officer of Alaska Air Group, Seattle (effective April 2021); Brad Tilden is retiring.

Alaska Airlines CEO Brad Tilden will retire in March 2021, with current Alaska president Ben Minicucci selected to succeed him as chief executive, the company announced Nov. 9.

Russian LCC Pobeda no longer plans to take delivery of 30 Boeing 737 MAX narrowbodies for which it had signed a letter of intent, according to the airline’s CEO Andrey Kalmykov.

JAL said some of the money raised will go towards the replacement of Boeing 777s with the Airbus A350s it already has on order

Guangzhou Baiyun International has become the busiest airport in China this year, as COVID-19 outbreaks and the opening of a new Beijing airport have pushed Beijing Capital International down to sixth place.

Commercial in-service or active fleet strengths have grown at 2.9% CAGR since 2015, but the impacts of the coronavirus pandemic created a precipitous drop that will linger into the future.

Draft minimum curriculum needs more emphasis on the MCAS and manual-trim scenarios, pilot groups tell the FAA.

As the airline industry is looking into next year with high hopes for the recovery from its worst crisis to finally begin, many ask whether there will be structural change to the way airlines operate.

With so much going on within the aviation sector we want to know your views on the key topics and stories.

When it comes to Boeing consolidating 787 production out of Washington state and into South Carolina in mid-2021, two phrases seem popular among industry insiders: “I told you so,” and “saw that coming.”

It will be an “emotional moment” for controllers when an Air France Airbus A321 takes off from Berlin-Tegel Airport (TXL) on Nov. 8, marking the final departure from the historic airport.

Airbus booked 11 new orders and removed three more A220-300 commitments from Macquarie Financial Holdings’s backlog while reporting 72 deliveries in October, the company said Nov. 6.

Airlines in Brazil continue to recover from the COVID-19 crisis at a faster clip than operators in other regions, but a rational supply-demand balance in ensuing as traffic remains far below pre-pandemic levels.

Atlas Air posted a nearly $75 million net profit in the 2020 third quarter (Q3), boosted by continued strong demand for air cargo amid the COVID-19 pandemic.