Air Transport

SOUTHWEST AIRLINES decided not to take $2.8b loan from US Treasury under CARES Act as it has successfully bolstered liquidity (it has raised &18.7b
Air Transport

ALAFCO reached agreement with Airbus to defer delivery of undisclosed number of 52 A320neo Family aircraft on order to match post-COVID demand
Air Transport

NORDIC AVIATION CAPITAL earned US$686m for year ended June 30 on 2% higher lease revenues vs a year ago, ending year with owned/managed/committed
Air Transport

By Ben Goldstein
Delta Air Lines will continue blocking off its middle seats through the end of the year, while increasing the maximum number of passengers allowed on each flight.
Airlines & Lessors

By Michael Bruno
Up to the outbreak of COVID-19 this spring, flight simulators and pilot training were some of the hottest side-hustles that legacy aerospace manufacturers could play as they rode the historic updraft in airliner traffic.
Aircraft & Propulsion

By Ben Goldstein, David Casey
American Airlines announced plans to drop service to 15 small and mid-sized U.S. cities following the expiration of the Payroll Support Program (PSP) on Oct. 1, further raising pressure on Congress to extend the federal aid program for another six months.
Airlines & Lessors

By Helen Massy-Beresford
Lufthansa Cargo has opened its Munich Airport Pharma Hub and hopes to obtain CEIV pharma certification from IATA in the fall of 2020.
Airlines & Lessors

By Michael Bruno
AMAG Austria Metall said it is acquiring a 70% share of the German company Aircraft Philipp Gruppe (ACP)—more vertically aligning expertise in the
Manufacturing & Supply Chain

By Alan Dron
BOC Aviation pivoted to purchase and leaseback (PLB) deals in the first half of 2020 in “proactive support” of its client airlines’ liquidity, the Singapore-based lessor said Aug. 20.
Airlines & Lessors

By Helen Massy-Beresford
Eurocontrol may cut its air traffic outlook for September because of COVID-19 travel restrictions imposed across the European region.
Airlines & Lessors

NYXAIR, Estonia acquired two ex-Loganair Saab 2000s (013/039) for ACMI lease to AIR LEAP, Sweden.
Air Transport

UNITED purchased another ex-Southwest 737-700 (32660) from GECAS as part of overall deal for 19 (SPNWS; July 19, 2019).
Air Transport

LUFTHANSA GROUP reached agreement with Vereinigung Cockpit on short-term crisis measures through end 2020; measures apply to pilots of Lufthansa
Air Transport

THC

THC, Saudi Arabia ordered 10 Airbus A125 helicopters for scenic tourism and aerial work.
Air Transport

SOUTHWEST now estimates year-over-year capacity drop of 30-35% in 3Q20 (vs earlier estimate of 20-30%) as improving booking trends stalled in early
Air Transport

By Adrian Schofield
Qantas estimates there is a strong underlying demand for domestic travel in Australia, but it is being constrained by multiple intra-state border closures.
Airlines & Lessors

Thomas Romig to Director-Safety, Operations and Technical Affairs of Airports Council International (ACI) World, Montreal.
Air Transport

GO2SKY, Slovakia is shutting down in September due to COVID-19. It was operating four 737-800s
Air Transport

AIRBALTIC revised delivery schedule with Airbus for 28 A220-300s on order and is now due to complete order in early 2024.
Air Transport

BOC AVIATION had US$323m net income in 1H20 (vs $321m in 1H19) on 11% higher revenues; it has owned/managed/committed fleet of 571 aircraft and says
Air Transport

QANTAS GROUP posted A$2b net loss for year ended June 30 (vs A$840m profit a year ago) on 20.6% lower revenues, and ended year with A$4.5b in
Air Transport

By Helen Massy-Beresford
AirBaltic and Airbus have agreed to delay delivery of the remaining 28 A220-300s the carrier has on order, with a new plan to complete delivery of all 50 of the type by early 2024.
Airlines & Lessors

By Alan Dron
Nico Bezuidenhout, CEO of South African LCC Mango, has resigned to take up a new position as CEO of Aurigny Airlines in Guernsey, one of the British Channel Islands.
Airlines & Lessors

By Alan Dron
Air BP and Neste are to offer a vastly increased amount of sustainable aviation fuel (SAF) to airport customers, the two companies said Aug. 19.
Sustainability

By Chen Chuanren
Singapore Airlines (SIA)—responding to an Aug. 20 Bloomberg report that claimed the flag-carrier had, in two months, “burned through” half of the S$8.8 billion ($6.4 billion) raised in a rights issue—said its spending has “always been extremely careful and judicious.”
Airlines & Lessors