Lessor BOC Aviation says airline clients repaying delayed rentals
Most of BOC Aviation’s (BOCA) (2588.HK) airline clients have resumed rental payments, a sign of cautious optimism, after deferring payments… Read More »
London City Airport development programme update
London City has released an update on its Development Programme (CADP), including a decision to temporarily pause the development at… Read More »
Cathay forecasts weak passenger demand but stronger cargo after record loss
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) warned it did not expect a meaningful recovery in passenger demand for some… Read More »
Embraer’s commercial aviation revenue falls by 82%
Brazil’s Embraer said on Wednesday that revenue at its commercial aviation segment, usually its largest and most profitable, had fallen… Read More »
JAL sees passenger traffic potentially returning to 50% of normal levels by March 2021
JAL is cutting costs by deferring aircraft deliveries, postponing route launches. Japan Airlines plans a significant cost-cutting campaign to offset… Read More »
British Airways owner to go ahead with crucial $3.3b rights issue
But with extensive travel restrictions in place, it expects recovery only in 2023 British Airways will try and defer new… Read More »
Laudamotion to evolve into Malta-Based Lauda Europe
Ryanair Group is giving up its Austrian AOC. Ryanair Group’s Austrian subsidiary Laudamotion will be closed and its assets transferred to… Read More »
Singapore Airlines slumps to $817 million quarterly loss as pandemic hits demand
Singapore Airlines Ltd (SIAL.SI) warned passenger capacity may remain at less than half of pre-pandemic levels by its March… Read More »