The latest U.S. Trade Representative’s (USTR) tweaks to U.S. trade penalties against Europe satisfy nobody but at least do not further flame tensions between the two sides as they continue to quasi-negotiate a way out of their large commercial aircraft subsidy dispute at the World Trade Organization (WTO).
Energy company Phillips 66 has announced plans to convert its San Francisco refinery into the world’s largest renewable fuels plant, producing 800 million gal. a year of renewable diesel and gasoline as well as sustainable aviation fuel.
Average repayment periods for Fly Leasing customers have increased in recent months, but the number of lease-deferral requests is decreasing, and the company has revised its expected total deferral-related financial exposure downward.
Cowen & Co. analyst Helane Becker believes U.S. air traffic is on track to recover to 1 million passengers per day by year-end, a modest improvement from current levels, but still a far cry from the 2.5 million travelers who flew each day in 2019.
Airports Council International (ACI) World has published a “playbook” aimed at providing a simple summary of new airport security-focused guidance for mitigating risks amid the COVID-19 pandemic, the association said Aug. 13.
Although Cebu Pacific suffered substantial losses in the first half of 2020, the Philippine LCC predicts it will be able to secure enough extra funding to weather the COVID-19 crisis.
Lessor GECAS has dipped into the cargo market once again with its latest order for freighters, just hours before Russian carrier S7 Airlines announced its first order for dedicated cargo-carriers.
For three months between Aug. 15 and Oct. 15, transit service at Hong Kong International Airport (HKG) will resume for passengers traveling inbound from mainland China, but not for outbound flights to mainland Chinese airports.
As the outlook for corporate and international travel remains weak, United Airlines is hoping that the coronavirus pandemic will not dampen demand for warm weather leisure destinations in the U.S. this winter.
Embraer Commercial Aviation named Martyn Holmes as its new chief commercial officer Aug. 13 in the latest step of a sequence of leadership transitions at the Brazilian aircraft manufacturer following the departure of president and CEO John Slattery in May.
A leadership shuffle at the aerospace sector of Singapore Technologies (ST) Engineering will see deputy president Jeffrey Lam promoted from his current position to the role of president effective Oct. 1.
The International Air Transport Association (IATA) released new data indicating that the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April.
