Air Transport

AEROMEXICO received bankruptcy court approval to take US$275m in second disbursement under Tranche 1 and Tranche 2 DIP financing; subsequent draws
Air Transport

SWISS reached agreement with its cabin crew union (kapers) on fixed-term package of cost-cutting measures for 2021-2023.
Air Transport

ECUATORIANA AIRLINES received its operating permit to operate domestic flights in Ecuador starting 1Q21 (aircraft TBA).
Air Transport

UNITED says it expects week of November 23 (US Thanksgiving holiday) will be its busiest since March and is anticipating 50% of pax that plan to fly
Air Transport

Aviation Week Network Staff
In 2019, the business and commercial aviation sectors were promoting career pathway programs as a hedge against the yawning gap in pilot supply and demand expected in the coming decades.
Business Aviation

By Bradley Perrett
Test operation of aircraft at the new airport at Chengdu, China will begin in December, the operating company and airlines said, ahead of opening around the middle of 2021.
Airports & Networks

By Bill Carey
The Canadian government will begin discussions with major airlines on a financial assistance package to help them weather the COVID-19 pandemic, Transport Minister Marc Garneau announced Nov. 8.
Airlines & Lessors

By Lori Ranson
United Airlines and JetBlue are adding flights to accommodate promising demand during the upcoming Thanksgiving holiday, even as COVID-19 cases in the U.S. continue to rapidly climb.
Airlines & Lessors

By Ben Goldstein
Southwest Airlines issued furlough warnings for the first time in its nearly 50-year history, after negotiations between management and the union representing its materials specialists broke down late last week.
Airlines & Lessors

By Alan Dron
The continuing impact of the COVID-19 pandemic has forced Danish regional airline Sun-Air to suspend all its scheduled flights until August 2021.
Airlines & Lessors

By Sean Broderick
As regulators and Boeing work to finalize 737 MAX pilot training and return-to-service requirements, several operators of the grounded model are growing more confident that they will have some of their newest Boeing narrowbodies carrying revenue passengers by early 2021 at the latest.
Air Transport Month

By Lori Ranson
Air Canada has followed through on previous warnings that orders for Airbus and Boeing narrowbodies were in jeopardy because of Canada’s stringent travel restrictions and lack of financial support.
Airlines & Lessors

By Alan Dron
SWISS International Air Lines (SWISS) and the company’s cabin crew union have provisionally agreed on measures to cut costs and staff numbers in light of the COVID-19 pandemic.
Airlines & Lessors

By Alan Dron
Etihad Airways has announced significant senior leadership changes, formally repositioning itself as a mid-sized airline and moving away from its previous “super-connector” role through its Abu Dhabi hub.
Airlines & Lessors

BLUEBIRD AIRWAYS, Greece leased ex-Air Italy 737-800 (30477) from Carlyle Aviation Partners.
Air Transport

KLM received final approval for €3.4b loan package from Dutch Government after receiving concessions from its unions.
Air Transport

SINGAPORE AIRLINES GROUP took S$1.5b impairment for withdrawing 33 aircraft (seven A380s; 15 777s; nine A320s; two A319s) from service. It has 222
Air Transport

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

Joe O'Brien is retiring as Deputy CEO & CCO of Engine Lease Finance at end of year; Julian Jordan and Joe Hussar are assuming duties.
Air Transport

CANADIAN GOVERNMENT is developing an aid package for Canadian airlines, airports and the aerospace sector.
Air Transport

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 Transport

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.
Air Transport

AIR CANADA is accelerating retirement of 79 mainline/Rouge aircraft, deferring delivery of 737 MAXs and A220s scheduled for delivery in 2021-2022, and
Air Transport

PORTER AIRLINES further pushed back its return-to-service date to February 11, from previously announced target of Dec 15.
Air Transport

BERLIN TEGEL AIRPORT has closed. It will be kept in operating condition for six months from date of complete commissioning of Berlin Brandenburg.
Air Transport