Air Transport

ACI EUROPE now estimates traffic recovery to 2019 levels for European airports at 2024 vs 2023 as previously forecasted in May 2020; Europe’s airports

LAX reported a year-to-year drop in pax traffic of 92.4% in May; cargo fell 5.3%.

Alaska Airlines announced seven new routes from Los Angeles International Airport (LAX), part of a 12-city expansion planned in fall 2020 from the crowded Southern California hub.

Etihad Airways has embarked on a fresh round of redundancies as the airline battles against the continuing fallout from the COVID-19 pandemic.

American Airlines and JetBlue Airways announced a Northeast U.S.-focused codeshare alliance, challenging Delta Air Lines in the highly competitive Boston and New York markets.

As capacity steadily returns to Canada’s market, the country’s flag carrier has reiterated calls for the government to help quicken the pace of recovery by easing COVID-19 travel measures.

AVIAAM LEASING purchased ex-El Al 7a47-400F (26563) with PW4056s from Blackrock for lease to AIR ATLANTA ICELANDIC.

GLOBALX signed LOI to purchase an unidentified A320-200 (TBA) and specific data for aircraft has now been incorporated into its manual set submitted

ALASKA AIRLINES plans in 4Q20 to begin Los Angeles-Fort Myers/-Tampa, FL; -Kona/Lihue, HI; -Bozeman, MT; and -Eugene/-Medford, OR. It is also planning

SOUTH AFRICAN AIRWAYS received creditor/union approval for rescue plan that includes R26.7b in state funding and 80% cut in employment; it has

CARGOJET, Canada closed previously announced offering of C$100m of senior unsecured hybrid debentures to be used to pay down its revolving credit

STAR AIR has launched pax charter services in India with three ERJ145s as part of Sanjay Ghodawat Group.

JETBLUE and AMERICAN AIRLINES announced strategic partnership (codeshare and loyalty benefits) to create seamless connectivity for pax in Northeast US

AMERICAN AIRLINES notified approximately 25,000 US-based employees of possible workforce reductions in 4Q20.

Philip Saunders to Interim Chief Executive Officer of South African Airways (SAA).

LAUDAMOTION leased two A320-200s with CFM56s from Avolon (5015; ex-Peach Aviation) and GECAS (3616; ex-GoAir).

Kuwaiti hybrid carrier Jazeera Airways will resume services Aug. 1 as the emirate emerges from the COVID-19 pandemic. National flag-carrier Kuwait

AirAsia has grown to become one of the most influential brands in the Asia-Pacific region, but the group also faces significant financial challenges

Emirates Airline has returned its Airbus A380 aircraft to the skies after a near four-month hiatus and is resuming flying to more destinations.

Emirates Airline returned the Airbus A380 to its active fleet on July 15, operating the aircraft for the first time since March on routes from Dubai (DXB) to London Heathrow (LHR) and Paris Charles de Gaulle (CDG).

To help the aviation industry weather the impact of the COVID-19 pandemic, the Civil Aviation Authority of Singapore (CAAS) has announced there will be no service fee hikes for its fiscal year ending March 31, 2021.

Ethiopian Airlines plans to grow its cargo fleet with additional freighters after shifting its focus to cargo revenues during the height of the novel coronavirus outbreak.

Long-haul travel restrictions will prolong recovery plans.

Tens of thousands of airline employees will soon see pink slips, unless U.S. lawmakers agree on an 11th-hour second bailout.

American Airlines executives announced in a July 15 staff memo they expect to have 20,000 more employees on payroll than needed in the 2020 fourth quarter and notified 25,000 employees of possible furloughs coming in the fall.