Daily Aviation Brief – 18/05/2020
Acumen Aviation Newsletters:
Market insights – Risk Exposure for airlines and lessors: https://lnkd.in/fPHkmUE
China Aviation Industry Newsletter 11 May: https://bit.ly/3dLMNp1
India Aviation Industry Newsletter 11 May: https://bit.ly/2SQn9ao
Irish Commercial Aircraft Update 11 May: https://bit.ly/2SWfFTh
Irish Aircraft Leasing Newsletter 11 May: https://bit.ly/2YRB3Nl
North America Newsletter 11 May: https://bit.ly/3cp19et
Aircraft Update:
EI-FNU Boeing 737-86N c/n 28608 ASL Airlines Belgium Ferried Lasham-Novosibirsk-Jinan Yaoqiang 15-16/05/20 for cargo conversion ex HL8214.
ES-SAK Airbus A320-214 c/n 888 smartLynx Estonia Ferried Tallinn-Kaunas 08/05/20 for onward storage ex EI-EZA
LZ-AWZ Airbus A330-223 c/n 874 Dubai Aerospace Ferried Istanbul-Malta 15/05/20 for HiFly Malta as 9H-HFA ex TC-LNA.
Global Aviation News:
Air Astana Maintains Positive Future Outlook
Read more: https://newsroom.aviator.aero/air-astana-maintains-positive-future-outlook/
Allegiant looks for post-COVID 19 aircraft bargains
Read more: https://www.aviationnews-online.com/airline/allegiant-looks-for-post-covid-19-aircraft-bargains/
BA and Qatar Airways secure approval for UK-Australia JV
Read more: https://www.routesonline.com/news/29/breaking-news/291260/ba-and-qatar-airways-secure-approval-for-uk-australia-jv/
Belgium tells Lufthansa state aid possible if conditions met
Read more: https://www.marketscreener.com/DEUTSCHE-LUFTHANSA-GROUP-436827/news/Belgium-tells-Lufthansa-state-aid-possible-if-conditions-met-30615398/
Cargo operations at Chinese airports hit breakpoint
Read more: https://www.stattimes.com/news/cargo-operations-at-chinese-airports-hit-breakpoint-freight-rates-slump-air-cargo/
Domestic Flights to Resume in Lockdown 4.0: Airlines Submit Plans to DGCA, Say We Are Ready
Read more: https://www.ndtv.com/india-news/airlines-tell-civil-aviation-ministry-yes-our-aircraft-are-ready-to-fly-again-2230041
Emirates SkyCargo’s global network grows to 75 destinations
Read more: https://newsroom.aviator.aero/emirates-skycargos-global-network-grows-to-75-destinations/
Feared hedge fund Elliott is vying to take stake in ailing Virgin Atlantic
Read more: https://www.telegraph.co.uk/business/2020/05/16/feared-hedge-fund-elliott-vying-take-stake-ailing-virgin-atlantic/
Low-cost carrier Pobeda to resume flights on up to 73 routes
Read more: http://www.rusaviainsider.com/low-cost-carrier-pobeda-to-resume-flights-on-up-to-73-routes/
Maybe it’s time for Emirates and Etihad to consider a merger
Read more: https://www.arabianbusiness.com/comment/446620-maybe-its-time-for-emirates-etihad-to-hook-up
Southwest Airlines: Better Positioned To Take On The Challenge
Read more: https://seekingalpha.com/article/4347388-southwest-airlines-better-positioned-to-take-on-challenge
T’Way Air to become 1st S. Korean LCC to operate flights to Croatia
Read more: https://en.yna.co.kr/view/AEN20200515010200320
Irish Aviation News:
AerCap CEO: leasing sector better prepared for a downturn now than it was 10 years ago
Read more: https://www.aviationfinance.aero/articles/17840/AerCap-CEO%3A-leasing-sector-better-prepared-for-a-downturn-now-than-it-was-10-years-ago
AFG Aviation Ireland acquires one A320
Read more: https://www.aviationnews-online.com/finance/afg-aviation-ireland-acquires-one-a320/
ALI COVID 19 initiatives
Read more: https://www.aircraftleasingireland.ie/Sectors/ALI/ALI.nsf/vPages/Aircraft_leasing_in_Ireland~ali-covid-19-initiatives!OpenDocument
Aviation – the view from the top – KPMG
Read more: https://home.kpmg/ie/en/home/insights/2020/05/aviation-interviews-video.html
Conlon succeeds Burger as CEO of GECAS
Read more: https://www.aviationfinance.aero/articles/18537/Interview%3A-Conlon-succeeds-Burger-as-CEO-of-GECAS
IAG’s Walsh says Britain is throttling a travel recovery
Read more: https://reut.rs/3fNLtUh
Irish aircraft leasing industry acts to secure and deliver PPE to the Irish healthcare system from China as part of the response to the Covid-19 crisis
Read more: https://www.aviationfinance.aero/articles/18845/Irish-aircraft-leasing-industry-acts-to-secure-and-deliver-PPE-to-the-Irish-healthcare-system-from-China-as-part-of-the-response-to-the-Covid-19-crisis
Ryanair boss’s July flight pledge is typical bluster, but the industry must be in the air to survive
Read more: https://www.theguardian.com/commentisfree/2020/may/14/ryanair-july-flights-michael-oleary-bluster-coronavirus
Ryanair’s Chief Is on a Mission to Wreck EU Airline Rescues
Read more: https://www.bloombergquint.com/business/o-leary-picks-fight-with-lufthansa-in-bid-to-wreck-eu-virus-plan
Statement by the Minister for Transport, Tourism and Sport, Shane Ross, to Dáil Éireann on the issue of Transport and COVID-19
Read more: https://www.gov.ie/en/news/5d99bc-statement-by-the-minister-for-transport-tourism-and-sport-shane-ross/
Tweet Picks:
@airkarp In France, Air France must scrap most short-haul domestic flights as a condition of receiving government aid to cope with the #COVID19 crisis. In the US, American is operating a 29-mile hop in Colorado in order to comply with the terms of aid it is receiving from the government.
@AilevonPacific Airports: Network Planners want you to continue to update them on your community: corporate accounts that are starting to travel again, tourist attractions reopening, anything pertinent. – Mark Weithofer Dir. Domestic Network Planning @united #airlines #airports #recovery.
@AvWeekScho SIA says on media call its remaining 777-200s will be retired earlier than planned – by the end of current FY. Also, A330s (which are leased) are due to be returned within 12-14 months. So both types will be gone within a year or so (which implies unlikely to be reactivated).
@krisvancleave #breaking @CBSNews has learned at least 1 major US airline is “seriously considering” dropping its social distancing policy and returning to making all seats available for purchase on all flights. This after passengers express outrage over number of fellow passengers on flights.
@wingxbizav BIzav well below normal but showing some sustained recovery compared to the airlines, with scheduled operations continue to be stalled 75% below usual. As a share of total fixed wing activity, business aviation has significantly increased share in all regions since March.
Video Picks:
African Airlines to Lose $6 Billion in Revenue: Ethiopian Airlines CEO
https://youtu.be/jq46oYiGGvs
EU See Cross-Border Vacation Travel by Summer: Transport Commissioner
https://youtu.be/5AxQo4XMaSQ
Reestablishing confidence in travel key for aviation sector: Analyst
https://youtu.be/oVLJtpwMK7s
Thunderbirds fly over San Diego to salute essential workers
https://youtu.be/MTI2NVuZXFk
Top airline analyst on industry’s turbulent path to recovery
https://youtu.be/ahLQMCYAjp4
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