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E175 ‘sweet spot’ threatened if scope clauses change: AFJ North America 2020
Aircraft North AmericaAircraft type is well positioned to weather the crisis if current regional operating restrictions on the USA remain in place.
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Boeing cuts rates, warns on 787 consolidation and jobs
"Regretfully, the prolonged impact of COVID-19 causing further reductions in our production rates and lower demand for commercial services means we’ll have to further assess the size of our workforce," Boeing chief executive officer Dave Calhoun said in a letter to employees following the results.
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Four engine widebodies suffer value loss amid crisis: AFJ North America 2020
Aircraft North AmericaExisting trend in depreciation accelerated by pandemic.
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Narrowbody lease rates under pressure: AFJ North America 2020
Aircraft North AmericaCrisis has had impact on new and older types.
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No new aircraft on the horizon: AFJ North America 2020
Aircraft North AmericaOEMs have a lot of time to come up with new products, says Avitas senior vice president Adam Pilarski.
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Embraer needs clear vision: AFJ North America 2020
Aircraft Latin AmericaBrazilian manufacturer can survive on its own, opines Avitas senior vice president Adam Pilarski.
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Smaller widebodies best bet for recovery: AFJ North America 2020
Aircraft North AmericaA350s and 787s face better prospects than 777s and A330s, panellists are told.
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Hawaiian issues Airbus EETC
Capital North AmericaHawaiian Airlines is issuing Enhanced Equipment Trust Certificates to obtain financing secured by Airbus aircraft.
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Volaris to freeze net fleet growth from 2021
Airlines Latin AmericaMexican carrier expects to take delivery of all aircraft it has committed to receive this year.
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ABS will come back at lower leverage: AFJ North America 2020
Lessors North AmericaThe ABS market paused in March after five transactions were issued in the first quarter of this year.
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Airlines and lessors must collaborate to survive: AFJ North America 2020
Lessors North AmericaBoth parts of the industry need to work together to weather the storm, delegates told.
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Business traffic at 5% level: AFJ North America 2020
Airlines North AmericaBusiness traffic remains at a very depressed level.
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Jetblue agrees more sale and leasebacks
Airlines North AmericaUS carrier secures financing on several A321neo deliveries due in the second half of this year.
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United incurs $1.6bn loss in 'most difficult quarter'
Airlines North AmericaIt took a $47 million impairment for aircraft engines removed from operations, a $6 million charge for the early termination of several regional aircraft finance leases and $8 million in other miscellaneous impairments.
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Aircraft Leasing Ireland appoints new chair
Risk EuropeDeclan Kelly will leave GECAS at the end of July.
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Aercap takes Garuda to court
Lessors Southeast AsiaIrish lessor Aercap and several aviation firms registered in France have filed a lawsuit against state-controlled flag carrier Garuda Indonesia.
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Cathay predicts $1.3bn half-year loss
Airlines Northeast AsiaIn June, Cathay Pacific and Cathay Dragon carried a total of 27,106 passengers only.