Aviation Industry (incl Maintenance) 02 (Jun 20 - Dec 26)
Posted:
Mon Jun 08, 2020 11:46 amby behappyalways
The terms of $25 billion in federal coronavirus relief set aside for U.S. airline payroll prohibit carriers that accepted the aid from laying off or cutting the pay rates of employees through Sept. 30
American Airlines outlines severance packages for high-level employees
https://www.cnbc.com/2020/06/07/america ... tives.html
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Mon Jun 15, 2020 3:57 pmby behappyalways
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Thu Jun 18, 2020 4:20 pmby behappyalways
Air maintenance firms, manufacturers plan for $60 billion in lost sales
https://www.reuters.com/article/us-heal ... SKBN23P0JK
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Sat Jul 04, 2020 6:10 pmby behappyalways
Things Are Terrible at Airbus, But at Least It’s Not Boeing
https://www.bloomberg.com/opinion/artic ... nd=opinion
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Tue Jul 14, 2020 4:58 pmby behappyalways
Delta may avoid furloughs after demand for buyouts, other U.S. airlines sound alarm
https://www.reuters.com/article/us-heal ... SKCN24E29L
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Fri Jul 24, 2020 9:36 amby behappyalways
Airlines confirm fears that travel demand dropped as new COVID-19 cases rose again in July
https://www.marketwatch.com/story/airli ... ck_seemore
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Tue Aug 04, 2020 5:49 pmby behappyalways
Aviation sector has biggest pandemic default risk: insurance survey
https://www.reuters.com/article/us-insu ... 500MM?il=0
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Thu Aug 06, 2020 3:57 pmby behappyalways
Airbus and Boeing Will Keep Making Jets That Airlines Can’t Buy
https://www.bloomberg.com/news/articles ... emium-asia
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Wed Sep 16, 2020 2:43 pmby winston
Global Aviation – Sluggish recovery
The International Air Transport Association (IATA) released an updated global passenger forecast showing that global passenger traffic measured by revenue passenger kilometers or RPKs will not return to pre-Covid-19 levels until 2024, a year later than their initial projection, underscoring the harsh challenges the airline industry is facing amid a protracted Covid-19 pandemic.
Latest data highlight that travel demand continued to be driven by domestic travel.
That said, people would prefer destinations which are nearer to home, less crowded, more hygienic, and more affordable.
We believe that international travel will take a longer time to recover due to suppressed demand before the emergence of a successful vaccine.
The resurgence of Covid-19 in several countries which caused the government to reimpose travel restrictions also added uncertainties to international travel.
We believe that airlines with large exposure to domestic routes with strong domestic leisure demand, and less exposure to business travel and international business will see a faster recovery, in our view.
Air China* (753 HK) (BUY, FV: HK$6.50) could potentially benefit from the early recovery in China.
Delta Air Lines* (DAL US) (BUY; FV: US$42.50) and Southwest Airlines* (LUV US) (HOLD; FV:US$44.00) with stronger balance sheet, less reliant on international travel business are our preferred airlines among other U.S. airlines under our coverage.
Source: OCBC
Re: Aviation Industry (incl Maintenance, Repair & Overhaul)
Posted:
Tue Sep 22, 2020 6:57 amby behappyalways
Republican senators introduce bill for $28 billion in additional aid for airline industry as job cuts loom
https://www.cnbc.com/2020/09/21/republi ... -loom.html