Coronavirus

ALLEGIANT AIR plans in mid-2021 to launch services to Key West, FL; Portland, OR; and Jackson Hole, WY. It announced 21 new nonstop routes, including
Air Transport

By Kurt Hofmann
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400s will end operations by March 31.
Airlines & Lessors

By Adrian Schofield
Japan’s two major carriers are significantly cutting back their domestic schedule plans for January following a new spike in COVID-19 cases in the country.
Airlines & Lessors

By Helen Massy-Beresford
The UK has tightened up its COVID-19 travel restrictions, imposing the requirement of a negative test for the virus on all arrivals in addition to mandatory quarantines for those coming from states not on its “travel corridor” list.
Safety, Ops & Regulation

By Lori Ranson
Despite significant challenges, Latin American low-cost carriers plan to seize on opportunities created by the the COVID-19 crisis.
Airlines & Lessors

By Lori Ranson
Despite a general consensus that Latin America’s recovery from the COVID-19 pandemic will occur at a slower pace than other areas of the world, there’s no shortage of ambition among the region’s low-cost operators.
Airlines & Lessors

US DOT says US scheduled pax airlines employed 678,287 full-/part-time workers in November vs 748,590 in November 2019.
Air Transport

LONDON HEATHROW handled 22.1m pax in 2020, down 73% from record 80.9m in 2019; cargo dropped 28% and aircraft movements fell 60%.
Air Transport

AIR EUROPA, Spain is expected to defer delivery of two 787-9s to 2025 and 14 737 MAXs to 2022 and beyond.
Air Transport

LUFTHANSA GROUP reports it has raised £500m in aircraft financing in 2H20 using five A350s and three A320 Family aircraft as collateral; funds were
Air Transport

EASYJET secured new 5-year, £1.4b term loan underwritten by bank syndicate and supported by UK Export Finance.
Air Transport

PORTER AIRLINES has now set return-to-service date at March 29; it suspended operations on March 21, 2020.
Air Transport

WESTJET announced capacity cuts over Canada's travel advisories and restrictions and will operate at >80% reduction year-over-year (150 daily
Air Transport

RYANAIR reduced its full-year (to March 2021) traffic forecast from <35m pax to <30m due to travel restrictions in UK/Ireland.
Air Transport

SMBC AERO ENGINE LEASE (SAEL) purchased 31 engines and sold five in 2020, ending year with 70 engines in portfolio.
Air Transport

AIRBUS delivered 89 aircraft (six A220s; 67 A320 Family; five A330s; eight A350s; three A380s) in December vs 138 (seven A220s; 105 A320s; eight A330s
Air Transport

AIR LEASE CORPORATION delivered 10 new aircraft (two A320neos; six A321neos; A330-900; A350-1000) in 4Q20 vs 11 in 4Q19, and completed SLB deals for
Air Transport

DAE CAPITAL completed 125 aircraft lease agreements/extensions in 2020 vs 35 in 2019; it acquired 38 aircraft and sold 28 others, and ended year with
Air Transport

AVOLON completed 141 aircraft lease transactions in 2020 vs 109 in 2019, and executed SLB commitments for 44 aircraft worth US$2.3b. It ended year
Air Transport

By Helen Massy-Beresford
British LCC easyJet said it had signed a new $1.87 billion five-year term loan facility as it takes more steps to bolster its finances as it looks to ride out the ongoing COVID-19 crisis.
Airlines & Lessors

By Jens Flottau
Ask the Editors: In theory, high production levels in times of low demand lead to low pricing. But the reality may prove more nuanced.
Aircraft & Propulsion

By Sean Broderick
WestJet, citing a drop in bookings following Canada’s new COVID-19 pandemic testing protocols for international passengers, is cutting near-term capacity and staffing.
Airlines & Lessors

IATA reports year-over-year global pax traffic dropped 70.3% in November; cargo fell 6.6%.
Air Transport

By Lori Ranson
U.S. low-cost carriers have touted nonstop networks and strong leisure bases as buoys in the pandemic, but other advantages are emerging.
Airlines & Lessors

By Molly McMillin
Business jet traffic over the Christmas holiday period was down 11% compared to a year ago, peaking at 12,000 daily flights on Dec. 23, according to WingX Advance data.
Aircraft & Propulsion