SQUAWK

Airline coronavirus recovery tracker: February 2021 update

Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for...

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Kenya Airways adapts 787s for cargo-only flights

Kenya Airways is removing seats on two of its Boeing 787s to increase capacity for pure freight flights. Kenya Airways is removing seats on two of its Boeing 787s to increase capacity for pure freight flights. The airline says that it completed...

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Canadian operators West Wind and Transwest to consolidate as Rise Air

West Wind Aviation and Transwest Air will consolidate and rebrand as Rise Air to adapt to the travel downturn of the coronavirus pandemic and provide charter flights to western and northern Canada pending regulatory approval. West Wind Aviation and Transwest Air will consolidate and...

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Rival bidders link up to secure $4.7bn Signature Aviation takeover

Rival bidders for fixed-based operations specialist Signature Aviation have agreed a combined acquisition of the company, prompting the withdrawal of a previously-recommended takeover offer. A newly-formed UK-registered company, Brown Bidco, is being formed by investors Global Infrastructure Partners, Blackstone, and...

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Tata, Boeing joint venture to produce 737 Max fin structures in India

Tata Boeing Aerospace (TBAL) will set up a new assembly line near Hyderabad to produced vertical stabilizer structures for Tata Boeing Aerospace (TBAL) will set up a new assembly line near Hyderabad to produced vertical stabilizer structures for the 737...

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HAL nears end of long Su-30MKI production run

Hindustan Aeronautics (HAL) is nearing the end of a 222-aircraft license production run for the Sukhoi Su-30MKI, with the last aircraft now undergoing final acceptance tests. Seshagiri Rao, chief executive of the HAL MiG complex, says production of the 221st...

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ANA consolidates freighter operations at Tokyo Narita

ANA is consolidating its freighter operations at Tokyo Narita to maximise profitability, alongside plans to channel capacity from passenger aircraft operating cargo-only flights to its logistics hub at Naha airport in Okinawa. ANA is consolidating its freighter operations at Tokyo...

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Air Works to provide MRO for India P-8Is, BBJs

Boeing has signed a deal with Indian MRO firm Air Works to support New Delhi’s fleet of P-8I Neptune maritime patrol aircraft, as well as the Indian air force’s VIP transport fleet.  Boeing has signed a deal with Indian MRO...

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Manila plans order for 15 additional S-70is

Manila has confirmed an intention to order 15 additional Sikorsky S-70i utility helicopters, as part of a total requirement for 55 new rotorcraft. Manila has confirmed an intention to order 15 additional Sikorsky S-70i utility helicopters, as part of a...

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SkyWest loses $46mn in Q4 with reduced flight schedules

SkyWest Airlines says it lost $46 million in the fourth quarter of 2020, as reduced flight schedules and lower demand from its mainline airline partners continued to challenge the regional carrier. SkyWest Airlines says it lost $46 million in the...

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