Air Transport

AMERICAN AIRLINES announced proposed underwritten public offering of 38.5m shares of its common stock.
Air Transport

By Sean Broderick
The FAA plans to wrap up its review of Boeing’s proposed 737 MAX changes “in the coming days,” clearing the way for airlines to begin software modifications and pilot training needed to get the grounded model back into revenue service, FAA Administrator Steve Dickson said.
Safety, Ops & Regulation

AERCAP lost $851m on $1b revenues in 3Q20 vs $272m net income on $1.2b in 3Q19 and during quarter cancelled orders for nine (now 24) 737 MAXs; it
Air Transport

By Lori Ranson
Air Canada is joining many commercial airlines worldwide to blunt dismal revenue performance by strengthening cargo operations, and now the airline is seeking approval from its pilots to convert a number of 767s to a permanent, all cargo configuration.
Airlines & Lessors

By Chen Chuanren
Singapore hopes that its potential air travel bubble (ATB) with Hong Kong and its policies on border restrictions protocol and testing could be used as a reference point for the aviation community.
Safety, Ops & Regulation

By Helen Massy-Beresford
Pharmaceutical giant Pfizer’s breakthrough on a vaccine against COVID-19 could have a “huge impact” on aviation, according to Eurocontrol.
Airlines & Lessors

By Wesley Charnock
Total European tourist arrivals could fall by 61% for the full year of 2020, according to a new study from the European Travel Commission (ETC).
Airports & Networks

By David Casey
Qantas subsidiary Jetstar Airways plans to resume flights from Avalon (AVV) in the Australian state of Victoria ahead of the Christmas holiday period.
Airlines & Lessors

By Adrian Schofield
Although Garuda Indonesia slumped to a substantial loss in the 2020 third quarter (Q3), its financial performance showed signs of improvement compared to the previous quarter.
Airlines & Lessors

By Maksim Pyadushkin
Irkut Corporation rolled out the first MC-21 prototype powered by Russian PD-14 turbofan engines in Irkutsk, Siberia, on Nov. 6, parent United Aircraft Corporation reported Nov. 10.
Aircraft & Propulsion

By Kurt Hofmann
Lufthansa Cargo is examining whether to add more Boeing 777Fs to its fleet as global demand for air freight remains strong.
Airlines & Lessors

CDB AVIATION has issued US$500m of senior unsecured notes to fund CAPEX, debt refinancing, working capital, etc.
Air Transport

By Helen Massy-Beresford
Norwegian Air Shuttle plans to further cut capacity, leaving only six aircraft from its 140-strong fleet in operation, citing travel restrictions and Norway’s decision not to provide any more financial aid to the low-cost long-haul carrier.
Airlines & Lessors

By Chen Chuanren
After some signs of a passenger recovery in July and August, demand again slipped in September as Taiwan’s China Airlines (CAL) and EVA Airways both posted third quarter (Q3) losses despite marginal operating profits.
Airlines & Lessors

By Graham Warwick
NASA is polling industry on technologies that have a high probability of being used in new single-aisle airliners entering service in 2030-35.
Aerospace

By Kevin Michaels
The answers to these questions will determine the segment’s shape and structure for the foreseeable future.
Aerospace

SUNWING AIRLINES restarted operations (Toronto-Punta Cana) after grounding its aircraft for >230 days due to COVID-19.
Air Transport

COLIBRA launched flight tracking service with real-time alerts for delays delays, arrival/departure times, gate changes, and on-time historical data.
Air Transport

NORWEGIAN is furloughing an additional 1,600 workers and parking 15 of its 21 aircraft, blaming Norwegian government’s decision to not provide
Air Transport

PFIZER and BIONTECH announced their mRNA-based vaccine candidate against COVID-19 was >90% effective in first interim efficacy analysis (study
Air Transport

ETIHAD AIRWAYS announced restructuring to transform into a mid-sized, full-service carrier with widebody aircraft; new operational model will result
Air Transport

Tom Baker to President and Chief Executive Officer of Aviation Capital Group, CA; Khanh T. Tran is retiring.
Air Transport

MIAMI AIR INTERNATIONAL is expected to relaunch service with ex-Eastar Jet 737-800 (28647) under new ownership.
Air Transport

MESA AIRLINES entered into second amended and restated CPA with UNITED AIRLINES that reflect previously announced changes in ownership of 20 E175s
Air Transport

LATAM AIRLINES GROUP lost US$573.1m in 3Q20 (vs US$86.3m net profit in 3Q19) on 80.8% lower revenues; after operating at 6.6% of previous year’s
Air Transport