- Air France-KLM Expects Coronavirus Impact of EUR 200 Million, Could Climb Higher[Feb. 20, 2020]
Air France-KLM expects the coronavirus outbreak to wipe EUR 150 million to EUR 200 million (US$162-216 million) off earnings by April, assuming China flights remain suspended until then, the Franco-Dutch airline group said on Thursday.
- Air Canada Profit Misses on 737 MAX Grounding Costs, Shares Fall[Feb. 18, 2020]
Air Canada missed analysts' estimates for quarterly profit on Tuesday, as the airline spent more to fly less-efficient replacement aircraft due to the global grounding of Boeing Co's 737 MAX jet.
- Qatar Airways Ups Holding in BA-owner IAG to 25.1% with New US$600 Million Stake[Feb. 19, 2020]
Qatar Airways has bought a US$600 million stake in British Airways-owner IAG to increase its holding to 25.1%, advancing its strategy of building a global portfolio of international carriers.
- Cathay Pacific Group Releases Combined Traffic Figures for January 2020[Feb. 17, 2020]
The Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for January 2020 that show decreases in the number of passengers carried and the amount of cargo and mail uplifted compared to the same month in 2019.
- Passengers and Airlines Recognized Pulkovo as Russia's Best Airport[Feb. 18, 2020]
Pulkovo St. Petersburg International Airport became the winner of the national 'Air Gates of Russia' award. Based on the results of 2019, Pulkovo received awards in the nominations 'The Most Comfortable Airport in Russia' (according to the passengers' votes) and 'The Best Airport for Airlines'. The awards ceremony took place at the Russian National Aviation Infrastructure Show (NAIS) in Moscow.
- Bii Purchases B737-800 for Immediate Teardown and Part-out[Feb. 19, 2020]
Specialist aircraft component support provider Bii.aero has purchased a B737-800 airframe for teardown. The twenty-year-old aircraft (MSN28381) was previously owned by lessor Aircastle and operated by Indonesian carrier, Sriwijaya.
- Airbus: Higher US Tariff on EU Planes Raises Tensions[Feb. 17, 2020]
European aircraft producer Airbus said on Saturday that the United States' decision to increase tariff on aircraft imported from the European Union further escalated trade tensions between the US and the EU.
- BBAM Orders Three 737-800 Boeing Converted Freighters[Feb. 11, 2020]
BBAM and Boeing today announced the lessor has ordered three 737-800 Boeing Converted Freighters (BCF), underscoring the growing e-commerce and express sector of the air cargo market. BBAM has one of the world's biggest Next-Generation 737 fleets and has chosen the BCF program to convert three airplanes in its existing fleet.
- AVIAA and Loft Partner on Citation and CJ Training Offering[Feb. 14, 2020]
AVIAA, the expanding group purchasing organization for business aviation, has added LOFT as another strategic partner for its membership. For the past 15 years, LOFT has provided experienced flight instruction to Cessna Citation and CJ pilots through the entire training process. Its unique Part 142 simulator training program, based in Carlsbad, California, will now be offered to the growing number of AVIAA members operating Citation C Series business jets.
- Airbus and the Government of Québec Become Sole Owners of the A220 Programme as Bombardier Completes Its Strategic Exit from Commercial Aviation[Feb. 12, 2020]
Airbus SE, the Government of Québec and Bombardier Inc. have agreed upon a new ownership structure for the A220 programme, whereby Bombardier transferred its remaining shares in Airbus Canada Limited Partnership (Airbus Canada) to Airbus and the Government of Québec. The transaction is effective immediately.