Coronavirus

By Molly McMillin
Following cancellation of this year's edition of the European Business Aviation Convention & Exhibition (EBACE), organizers of the in-person event have launched a virtual programming series called EBACE Connect to bring the business aviation industry together.
Aircraft & Propulsion

By Victoria Moores
UK leisure carrier Jet2 has raised approximately £422 million ($585 million) to help weather further COVID-19 pandemic-related shutdowns.
Airlines & Lessors

By Lori Ranson
U.S. pilot unions are joining airlines and manufacturers in opposing a potential coronavirus test requirement for domestic U.S. airline passengers, though a mandate to move forward with the proposal does not seem imminent.
Safety, Ops & Regulation

By Guy Ferneyhough
India’s Directorate General of Civil Aviation (DGCA) has extended the duration of its 80% limit on how much pre-COVID-19 capacity airlines in the country are allowed to fly.
Safety, Ops & Regulation

GOL

GOL says its net cash burn was R$1m per day in January, reversing daily net cash generation in November/December; it is now conservatively estimating
Air Transport

AIR CANADA had C$1.2b net loss for 4Q20 (vs C$152m profit in 4Q19) on 81% lower revenues; and C$4.6b net loss in 2020 (vs C$1.5b profit in 2019) on 70
Air Transport

CAE

CAE had C$49.7m net income on C$832m revenues for third quarter ended December 31 vs C$99.8m on C$924m a year ago. Civil Aviation Training Solutions
Aerospace

By Angus Batey
Some patterns in business aviation have emerged or solidified in the wake of the COVID-19 pandemic that appear likely to remain important in the future.
Aircraft & Propulsion

By Kurt Hofmann
The Republic of Turkey plans to move ahead with six new airport projects and predicts that the hub of Istanbul will gain even more importance once the COVID-19 pandemic ends.
Airports & Networks

By Jens Flottau
Germany’s federal government has agreed to grant 12 airports a total of €200 million ($240 million) in financial aid and pledged to support three more in which it holds equity stakes.
Airports & Networks

FRANKFURT AIRPORT handled 883k pax in January, down 80.9% vs January 2020; cargo rose 18.1% to 176,266 tons.
Air Transport

AERO CAPITAL SOLUTIONS, TX announced it acquired 20 A320ceo Family aircraft from easyJet in purchase/leaseback transaction over two tranches in 2020
Air Transport

LONDON HEATHROW handled 677k pax in January, down 88.9% vs Jan 2020; movements decreased 75% and cargo traffic dropped 21.1% to 91,466 tonnes.
Air Transport

SPIRIT AIRLINES had $157.3m net loss in 4Q20 (vs $81.2m profit in 4Q19) on 48.6% lower revenues; and $428.7m net loss in 2020 (vs $335m profit in 2019
Air Transport

ALTA members flew 36.4b RPKs in December, down 55.7% vs December 2019, on 49.1% lower capacity; and 348.9b RPKs in 2020, down 61.9% vs 2019, on 55.7%
Air Transport

BOMBARDIER AVIATION earned $937m on $6.5b revenues in 2020 vs $1.2b on $7.5b in 2019; it delivered 114 business jets (59 Globals; 44 Challengers; 11
Business Aviation

AVOLON lost $37m on $2.3b lease revenues in 2020 vs $725m profit on $2.6b in 2019, and ended year with owned/managed/committed fleet of 842 aircraft
Air Transport

COPA lost $598.6m in 2020 (vs $247m profit in 2019) on 70.4% lower revenues. It ended year with fleet of 75 aircraft, including 68 737-800s and seven
Air Transport

TRIUMPH GROUP sold its 1m sq ft manufacturing facility at Red Oak, TX to ARLINGTON CAPITAL PARTNERS; site specializes in manufacture of large, complex
Aerospace

By Lori Ranson
Before the COVID-19 pandemic upended the global aviation industry, conclusions were being drawn that consolidation might be necessary in the Mexican
Airlines & Lessors

By Lori Ranson
Panama’s Copa Airlines has a steady stream of Boeing 737 MAX family aircraft scheduled during the next couple years and has not seen any passenger pushback on the MAX aircraft it has in operation.
Airlines & Lessors

By Helen Massy-Beresford
The French government has reportedly asked Paris airports operator Groupe ADP to go back to the drawing board on its plan to expand the French capital’s biggest airport, Paris Charles de Gaulle (CDG).
Airports & Networks

By Alan Dron
Despite entering 2020 in a good financial position and implementing “drastic measures” to combat the COVID-19 outbreak, Sweden’s airport operator Swedavia recorded a loss for the year of SEK 1.28 billion ($154 million) compared to a profit of SEK583 million in 2019.
Safety, Ops & Regulation

By Alan Dron
LCC Air Arabia recorded a rare annual loss for only the second time in its 17-year history, as it grappled with the effects of the COVID-19 pandemic.
Airlines & Lessors

By Ben Goldstein
Executives at Spirit Airlines said the carrier is on track to reach pre-pandemic capacity by mid-year 2021, driven by expected strength in leisure and visiting friends and relatives (VFR) travel.
Airlines & Lessors