Air Transport

By Michael Bruno
Heico leaders said late April 15 they have laid off “some” employees across their aerospace and defense supplier portfolio and have cut work hours and pay at subsidiaries, but they are trying to avoid mass-layoffs as the COVID-19 pandemic rolls back the worldwide aerospace business.
Aircraft & Propulsion

AMEDEO has been approached by Emirates for some financial accommodation on existing leases for six A380-800s and two 777-300ERs; EMIRATES says lease
Air Transport

By Sean Broderick
Boeing has begun modifying stabilizer control wiring on its stored Boeing 737 MAX fleet—one of several tasks that must be completed before the aircraft can be handed over to customers.
Aircraft & Propulsion

By Bill Carey
Less than half of the number of aircraft that were flying worldwide in January are flying now because of travel restrictions imposed to fight the COVID-19 pandemic, according to new satellite-based tracking data.
Safety, Ops & Regulation

EUROPEAN REGIONS AIRLINE ASSOCIATION (ERA) has added Aircompany Armenia, Air Mediterranean, Cyprus Airways, Ellinair, Georgian Airways, Orange2Fly
Air Transport

US GOVT reached agreement with 10 US airlines on their participation in $25b Payroll Support Program under the CARES Act: Alaska ($992m), Allegiant
Air Transport

AUSTRIAN AIRLINES has extended its temporary suspension of flight operations by another two weeks from May 3 to May 17.
Air Transport

SAS

SAS received EC approval for €137m guarantee from Denmark Govt for partial compensation from damage from COVID-19.
Air Transport

AZUL, Brazil retained team of advisors to increase efficiencies (consistent with previously disclosed measures) following the end of COVID-19 crisis
Air Transport

LUFTHANSA plans over next 2-3 months to decommission its 17 A340-600s from regular scheduled service for 12-18 months; aircraft will be parked at
Air Transport

CZECH REPUBLIC is considering the acquisition of CSA CZECH AIRLINES as rescue measure from COVID-19 outbreak.
Air Transport

VIRGIN AUSTALIA this week put a trading halt on its securities on the Australian Stock Exchange (ASX) and will be suspended from quotation, pending
Air Transport

FBB

FBB has postponed planned fire safety and evacuation exercise at BERLIN BRANDENBURG AIRPORT to later in summer due to COVID-19; it says planned Oct 31
Air Transport

By Alan Dron
One of Africa’s oldest airlines moved a step further towards disappearing April 15 after the South African government turned down an appeal for further funding.
Airlines & Lessors

By Kurt Hofmann
VIENNA–Air navigation service providers (ANSPs) must prepare to negotiate with airlines to reduce air traffic control (ATC) fees once traffic returns after the COVID-19 pandemic, Austro Control’s MD told Aviation Daily.
Safety, Ops & Regulation

KBRA believes aircraft value and lease rate declines will be contingent on (1) speed of economic recovery and (2) composition of post-COVID-19 fleets
Air Transport

EASYJET expects to post pretax loss of £185m-£205m for six months ended March 31 (vs £275m loss a year ago) on 1.6% higher revenues (ancillary
Air Transport

ETIHAD plans to restart a reduced network of scheduled pax services from May 1 to June 30, pending lifting of UAE govt-imposed travel restrictions. It
Air Transport

AERO CAPITAL SOLUTIONS closed second aviation investment vehicle with $413m in equity commitments on March 6; as of the final close, it had closed or
Air Transport

By Helen Massy-Beresford
The big security and health crises that have touched the airline industry in recent decades have changed the way we travel, with everything from airport temperature checks to restrictions on liquids, laptop bans and shoes-off security checks becoming—temporarily or permanently—a part of the airport and on-board experience.
Airlines & Lessors

By Alan Dron
Etihad Airways anticipates slowly increasing the number of passenger flights it operates from May 1, as it starts to emerge from the COVID-19 pandemic.
Airlines & Lessors

By Ben Goldstein
Senior executives at United Airlines are planning for substantial workforce reductions once the federal prohibition on layoffs attached to payroll support under the Coronavirus Aid, Relief, and Economic Security (CARES) Act expires this autumn.
Airlines & Lessors

By Alan Dron
Ryanair Group CEO Michael O’Leary expects the airline industry will recover from the COVID-19 pandemic faster than most executives and commentators believe—but only via a vicious price war.
Airlines & Lessors

By Chen Chuanren
Taiwan’s primary airport Taoyuan International (TPE) is mulling the closure of one of its two terminals as traffic plummeted to an all-time low on April 14 amid the COVID-19 crisis.
Airports & Networks

By Helen Massy-Beresford
EasyJet has enough liquidity to withstand a lengthy grounding of its fleet and could restart flying with as little as two weeks’ notice once the COVID-19 crisis has eased, according to a trading update from the airline.
Airlines & Lessors