Coronavirus

LAX

LAX confirmed it handled 28.8m pax in 2020, down 67.3% from 88.1m in 2019; aircraft movements dropped 45.1% and aircraft fell 7% (SPNWS; January 22).
Air Transport

HEXCEL had $31.7m net income on $1.5b sales in 2020 vs $306.6m on $2.4b in 2019; commercial aerospace sales fell 48.5%.
Aerospace

CRANE AEROSPACE & ELECTRONICS earned $100.7m on $651m sales in 2020 vs $189.4m on $799m in 2019.
Aerospace

ROLLS-ROYCE says its 2020 free cash outflow was in line with guidance and it ended year with £9b in liquidity; it is forecasting 2021 free cash
Aerospace

AEROFLOT GROUP carried 30.2m pax in 2020, down 50.3% vs 2019; it ended year with 364 aircraft in fleet.
Air Transport

S7 TECHNICS completed 413 A-Checks/84 C-Checks in 2020, up 2.5% from 2019; total man-hours dropped 5.5% to 2.04m.
MRO

IDEAWORKSCOMPANY estimates airline ancillary revenues at $58.2b in 2020 vs $109.5b in 2019 and $22.6b in 2010.
Air Transport

UNITED invested $2m in 4Q20 in recovery preparation, primarily for engine and airframe maintenance to prepare for efficient operations ramp up. It
MRO

AIRBUS HELICOPTERS booked 289 orders and delivered 300 rotorcraft in 2020 vs 369 orders and 332 deliveries in 2019.
Aerospace

COLLINS AEROSPACE earned $11m on $4.4b sales in 4Q20 vs $1b on $6.4b in 4Q19, and $1.5b on $19.3b sales in 2020 vs $4.5b on $26b in 2019.
Aerospace

By Helen Massy-Beresford
For Europe’s airlines, optimism that began in late 2020 over vaccines has not translated into a surge in bookings as hoped.
Airlines & Lessors

PRATT & WHITNEY earned $33m on $4.5b sales in 4Q20 vs $354m on $5.6b in 4Q19; and $564m loss on $17b sales in 2020 vs $1.8b profit on $21b in 2019. It
Aerospace

GE AVIATION earned $564m on $6.3b revenues in 4Q20 vs $2.1b on $10.7b in 4Q19, and $1.2b on $21.6b revenues in 2020 vs $6.8b on $36.7b in 2019. It
Aerospace

ALASKA AIR GROUP had net losses of $430m in 4Q20 (vs $181m profit in 4Q19) on 64% lower revenues, and $1.3b in 2020 (vs $769m profit in 2019) on 59%
Air Transport

By Victoria Moores
Aircraft carrying critical COVID-19 vaccines across Europe and over the Atlantic are to be given special priority using a new flight plan code, under a partnership announced by Eurocontrol.
Safety, Ops & Regulation

By Kurt Hofmann
South Korea’s latest LCC Aero K has put the brakes on its planned international expansion because of travel restrictions.
Airports & Networks

By Lori Ranson
Canada’s latest testing requirements could further stymie the recovery for the country’s airlines.
Airlines & Lessors

There is consensus that the widebody segment will take many years to return to where it was.
Air Transport

By Ben Goldstein
U.S. President Joseph Biden on Jan. 25 signed an executive order reversing former president Donald Trump’s relaxation of entry requirements for international arrivals, in a bid to contain the spread of several new strains of novel coronavirus that were recently discovered abroad.
Safety, Ops & Regulation

EASTERN AIRWAYS plans in late April to begin Southamption-Rennes Bretagne/-Nantes Atlantique (ATR 72).
Air Transport

By Linda Blachly
United Airlines has launched “Travel-Ready Center,” a digital platform that enables customers to review COVID-19 entry requirements, find local testing options, and upload any required testing and vaccination records for domestic and international travel
Airlines & Lessors

Dr. Henry Ting to Chief Health Officer of Delta Air Lines (effective February 15).
Air Transport

CATHAY PACIFIC carried 4.6m pax in 2020, down 86.9% vs 2019, and expects new quarantine measure by HK Govt. could reduce pax capacity by 60% (cargo by
Air Transport

By Linda Blachly
Delta Air Lines has appointed Henry Ting, currently the Mayo Clinic’s chief value officer, as the carrier’s first chief health officer.
Airlines & Lessors

ASSET INSIGHT reports year-over-year increase of 25% in pre-owned business aircraft transactions in 4Q20.
Business Aviation