Air Transport

DAE

DAE posted $121.7m net income for 1H20 (vs $197.1m in 1H19) on 8.5% lower revenues. It has $2.82b of available liquidity.
Air Transport

WIZZ AIR sold/leased back two GTF-powered A321neos to unidentified investor in deal arranged by FPG and FPG Amentum.
Air Transport

By Adrian Schofield
Virgin Australia has revealed plans for its scaled down post-coronavirus operation, which involve major changes to its workforce, network and fleet.
Airlines & Lessors

Building upon the successful launch of its Travel Information Hub at the end of June, global airline network Star Alliance - which includes Ethiopan Airlines, South African Airways and EgyptAir - has unveiled a series of useful upgrades to help passengers plan multistop itineraries.
Emerging Technologies

Weekly profile of a major airline.
AWIN Knowledge Center

Week Ending August 1 Vs. Previous Week And Year-Ago Week
AWIN Knowledge Center

By Chen Chuanren
Upping the ante from the successful “airport boarding” experience in July, Taiwan’s four carriers all launched flights-to-nowhere in line with Father’s Day celebrations on Aug. 8.
Airlines & Lessors

By Chen Chuanren
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
Airlines & Lessors

By Adrian Schofield
Asia-Pacific has led the way on low-cost long-haul, but even the pioneers are facing post-coronavirus challenges.
Airlines & Lessors

By Karen Walker
UK carrier Virgin Atlantic, which is 49% owned by Delta Air Lines, filed for bankruptcy protection in a New York court Aug. 4. The move comes just
Airlines & Lessors

By Ben Goldstein
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
Airlines & Lessors

FRAPORT lost €231m on €911m revenues in 1H20 vs €165m profit on £1.8b in 1H19.
Air Transport

LONDON HEATHROW lost £1.1b on £712m revenues in 1H20 vs £7m profit on £1.5b in 1H19. It expects 2020 pax traffic will be >60% lower than in 2019.
Air Transport

ALLIANCE AVIATION agreed to acquire 14 E190s, plus spares package and six spare CF34s, from Azorra Aviation for delivery starting in September in US
Air Transport

IBOM AIR, Nigeria acquired two ex-Adria Airways CRJ900s (15283/15284) from Formidion Aviation, Dublin.
Air Transport

PORTER AIRLINES further pushed back its return-to-service date to October 7, from previously announced target of Aug 31.
Air Transport

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

By Ben Goldstein
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate.
Airlines & Lessors

By Sean Broderick
EASA is urging European airport operators to ensure ground-handling companies at their facilities are prepared to handle increased traffic as airlines steadily rebuild their networks amid the global COVID-19 pandemic.
Safety, Ops & Regulation

AVENTURE AVIATION acquired ex-Air Astana 757-200 (27971) from Elevate Capital Partners, which retained ownership of the two serviceable RB211 engines
Air Transport

Muhammad Albakri to Senior VP for Customer, Financial and Digital Services (CFDS), based in Geneva, of IATA (effective March 2021).
Air Transport

EASYJET posted £324.5m pretax loss for third quarter ended June 30 (vs £174.2m profit a year ago) on 99.6% lower revenues, and ended quarter with £2
Air Transport

JETBLUE AIRWAYS agreed to sell six GTF-powered A321neos to SKY Leasing for leaseback from 2H20.
Air Transport

AIRCASTLE lost $191m in 2Q20 (vs 31.1m net profit in 2Q19) on 14.3% higher revenues; it owns 274 aircraft. It says it has no new aircraft purchase
Air Transport

By Adrian Schofield
Australian regional and charter carrier Alliance Aviation is buying a fleet of Embraer E190s to take advantage of growth opportunities it foresees in the local market.
Airlines & Lessors