Coronavirus

NAV CANADA reports year-over-year traffic drop of 56.8% in January 2021.

AIRBUS had €1.1b net loss on €49.9b revenues in 2020 (vs €1.4b loss on €70.5b in 2019); commercial aircraft segment lost €1.3b on €34.3b revenues vs

DE HAVILLAND CANADA plans to pause Dash 8 production after building last aircraft on backlog (expected in 1H21) and will close/leave production site

Finnair said it is now in a healthy financial position after a recapitalization and extensive cost-cutting that addressed the havoc wreaked on its business by the COVID-19 pandemic in 2020.

Conditions remain challenging in the first quarter of 2021, in which the group expects to operate 40% of pre-pandemic capacity as ongoing COVID-19 lockdowns and travel restrictions stifle flying

The North Atlantic Datalink Mandate requiring that aircraft be equipped with datalink communications in oceanic airspace, suspended temporarily because of the COVID-19 pandemic, will be reinstated on Feb. 25.

Groupe ADP, the operator of Charles de Gaulle (CDG) and Orly (ORY) airports, said pre-pandemic levels of traffic at its Paris airports are not expected to return until 2024-27.

The U.S. aerospace industry provided a foreign trade surplus of around $43 billion in 2020, the U.S. Commerce Department reported this month, a notable achievement amid the onset of COVID-19 but almost half the sector’s 2019 level.

AUSTRIAN plans March 25 to begin Vienna-Hanover, Germany (E195); route was previously served by Eurowings.

AUSTRIAN plans to cautiously increase its flight schedule with a clear focus on tourist destinations, which includes resuming service to >20

FINNAIR has agreed to sell one new A350-900 (TBA; for delivery in 2Q22) to JLPS Holding Ireland for leaseback; aircraft will be its 17th of 19 A350s

AEROMEXICO posted MXP42.5b net loss in 2020 (vs MXP2.4b loss in 2019) on 58.5% lower revenues. It filed Chapter 11 in June 2020 and says it intends to

Lufthansa announced major changes to its ab initio pilot training program Feb. 17, as the airline grapples with the fall-out of the COVID-19 pandemic.

Ryanair has lost its cases against state aid awarded to French and Swedish airlines, following two rulings by the EU’s Luxembourg-based General Court.

Ask The Editors: Regulators working on the 737 MAX were not buoyed by the pandemic, but COVID-19 was not a major factor on downtime.

In the post-pandemic era, supply chains will become stronger and probably – but not always – shorter.

Lawmakers prod FAA to finish technical training standards revamp.

US DOT reports US airlines carried 30.4m pax in December, down 62% from 79m in December 2019; international pax fell 66%.

ORIX was appointed exclusive remarketing agent for 14-aircraft package (12 737-8s/two 787-9s) leased to NORWEGIAN.

PACIFIC AEROSPACE, New Zealand was declared insolvent and its Civil Aviation Authority (CAA) certificates were suspended.

SOUTHWEST AIRLINES says its average core cash burn was $15m per day in January 2021 and now estimates cash burn to be $15m per day in 1Q21 vs previous

Charity UNICEF has launched an initiative with 16 airlines to ensure consignments of COVID-19 vaccine and other humanitarian supplies reach the areas where they are most needed.

ONTARIO INTERNATIONAL AIRPORT, CA handled 70,500 tons of cargo in January, up 15.6% vs January 2020.

The government of Singapore will pour another S$870 million ($657.5 million) into its aviation sector, in an effort to help the Singapore air hub edge out competition as the industry claws its way to recovery.

The UK’s Royal International Air Tattoo has joined the growing list of 2021 aerospace events canceled over the uncertainty of the coronavirus pandemic.