Turkey
. . . sorry to report impacted
by COVID-19 lockdown has caused the high-flying Turkish
Airports to reverse earlier gains with flights down 26%
during the past two weeks alone. Turkish Airlines
numbers therefore no surprise: minus 22%, whilst Pegasus
slashed by more than half @ -59%. But it is not all bad news in fact as
compared to other carriers in Europe, THY is still number one in total aircraft
movements driven by domestic flights. Turkish Airlines reported net loss
of $72 million in Q1 . . .
Meantime Virgin Atlantic from
£2.9 billion in 2019 to £868 million in 2020, nevertheless delivered
smashing cargo revenue of £319 million up 49% from 2019
. . . “Look up in the sky, its a bird, it’s
a plane, it’s an Aeroshark freighter!
Lufthansa Cargo adding surface
coating technology branded Aeroshark says it reduces drag. Where 1% can
save a ton, slicking up the surface of a big jet is a big deal times the
number of aircraft in the fleet. Lufthansa Group, including all the airlines
the Germans now own, placed orders for five 787-9s and five A350-900s last
week . . .
JAL Group said domestic passenger nosedived more than 21%
YOY, international tanked at 82%, March 2020 .
. . Lufthansa Technik
cargo-in-cabin solution for operators of A330 has Finnair as the first customer
. . . Airbus
delivered 125 planes and secured 39 new orders in Q1, that is the good news.
The bad news is that as airlines were staggering under COVID-19, cancellations
meant net orders of -61driving a net loss overall at the plane maker of
€362 million. Meantime across the pond Boeing
lost $561
million in Q1 . . . The Sky
Electric—Startup Archer Aviation
and United in a whopping billion-dollar
deal for electric aircraft. Archer is building a full-scale electric vertical
takeoff and landing aircraft, capable of traveling 60 miles at 150 mph with
zero emissions . . . Gateway
Barcelona business is surging up 45% in April as Vueling
and Ryanair building services
once again . . . Hartsfield
Jackson Atlanta International Airport coming back from COVID
moving 4.6 million passengers in March, 0.1% YOY from March 2020
. . . Action airlines right now according to sources
are AF/KL, United,
QR—all with solid air
cargo programs. IAG looks
like it is about to begin hotting things up as well
. . . |