- Thu Apr 08, 2021 7:52 pm
- Forum: Civil Aviation
- Topic: Updated: LATAM files for Bankruptcy
- Replies: 385
- Views: 85702
Reported communication
https://pbs.twimg.com/media/EyeaIOMXEAU ... ame=medium
Signed deal for 3 A333 leases. First will arrive in February 2022
http://www.koreaherald.com/view.php?ud=20210420000859
Now I understand, why a certain airline in India- GoAir- fires their CEO, and other seniors, almost every six to nine months. They keep shuffling and going through new CEO's- most of these have been western expats. Their owner clearly doesn't trust such execs, and they are booted out when they aren...
Jump to postAA indeed reducing flights to South America because of weak demand due COVID.
https://www.reuters.com/business/aerosp ... 021-04-19/
Favorable leasing market so Volaris announced it will pick up 8 additional A320NEO frames for delivery this year. With the additional aircraft, should bring the year-end fleet to 98 frames, including 3 NEO's coming directly from Airbus this year. https://www.prnewswire.com/news-releases/volaris-anno...
Jump to postAM reported 1Q 2021 earnings - revenue down 51.3% to US$347 million, with net loss of $212 million.
https://aeromexico.com/cms/sites/defaul ... _Final.pdf
Latest block hour update. https://i.ibb.co/rGSZfTq/may.png https://i.ibb.co/rGSZfTq/may.png They also revealed United at some point in the future (perhaps as early as 2022) intends to make the 787 in addition to the 767 the long haul workhorse out of ORD. Rather ancient news. Pre-pandemic was announ...
Jump to postDubai Aerospace Enterprise (DAE) announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. Boeing press release: https://boeing.mediaroom.com/2021-04-20-Dubai-Aerospace-Enterprise-Orders-15-Boeing-737-MAX-Jets = DAE's existing portfolio of 737MAX are with AA and...
Jump to postA380 A6-APG ferried to Teruel Spain today.
https://flightaware.com/live/flight/A6APG
United hosting two-day event to share its "vision for a new tomorrow" Everyone from Kirby, to chief commercial officer Nocella, to network team Gupta and Quayle to MileagePlus Bondar and new SVP worldwide sales Burse will have presentations. https://pbs.twimg.com/media/Ex_bXtYWgA07o41?form...
Jump to postInterview with Kadri Samsunlu the CEO of Istanbul Airport
https://www.routesonline.com/news/29/br ... rport-ceo/
Cathay Pacific's cargo capacity dropped 25%. The former British Territory rules are really hurting the company, while mainland blows right by! CX capacity it down because of crew quarantine rules. That is why FX moved its HKG crew base to OAK, and other airlines are avoiding crew layovers both in H...
Jump to postDHL adding 17 weekly Asia-Pacific frequencies using AeroLogic and Kalitta 777s https://aircargoworld.com/news/express/dhl-express-expands-asia-pacific-routes-with-17-new-weekly-777f-operations https://www.aircargonews.net/sectors/express/dhl-express-adds-b777f-capacity-between-asia-pacific-the-us-an...
Jump to postAs someone that has actually has met and spoken with AAB, I found him to be extremely intelligent with a keen grasp of the details in his operation. Sure publicly he can come off strong or arrogant, but I would say in general what he say is what many already think but don't have the platform to stat...
Jump to postOne can clearly see how revenue lagging far behind demand. For Q2 they forecast to fly 68% of 2019 capacity but estimate 50-55% of revenue. Regarding the key corporate travel segment, they stated they expect 1/3 of them to have travel in Q2. Long term see 75-80% of corp revenues coming back "ne...
Jump to postjbs2886 wrote:
Cash positive of $4M a day in March. Doesn’t appear to be caveated as “core” or whatnot.
March quarter 2021 Delta reporting GAAP pre-tax loss of $1.5 billion on total revenue of $4.2 billion. Adjusted pre-tax basis showed a loss of $2.9 billion and loss per share of $3.55 on operating revenue of $3.6 billion a decline of 65 percent on 55 percent lower sellable capacity. At the end of th...
Jump to postHong Kong being removed from the schedule for the entire S21 season. At moment planned back in October. Let see...
http://www.orientaviation.com/articles/ ... w-enforced
US CDC study out today says that keeping the middle seat vacant can actually make a difference to in-flight transmission. According to the CDC, a laboratory-based model "predicts a 23% to 57% reduction in exposure to viable virus particles when middle seats on an airline are kept vacant." ...
Jump to postIsrael looks to reopen its borders to international travelers on 23 May. Details are pending but look initially to only be for group travelers and those who are vaccinated along with pre and post flight PCR testing. https://www.forbes.com/sites/alexledsom/2021/04/13/israel-to-open-international-trav...
Jump to postNo on Polaris, but all require some level of work including gear swings.
As was explained to the pilot group, the move is an interim measure and no longer-term decisions regarding the fleet had been made.
Increased forged Covid-19 certificates hit airlines, which have to police them, and put airlines at risk if they transport infected passengers with false or incorrect documentation.
https://www.wsj.com/articles/fake-covid ... 1618330621
Deferrals are a simple way to reduce CapEx spend. AA is forecast to lose billions this year and as we know they have a huge debt pile.
The deferrals will result in Boeing returning $248mil in pre-delivery payments to AA. Every million counts.
United looking for more cash. United Airlines intends to commence a private offering to eligible purchasers of US$5.5 billion in aggregate principal amount of two series of notes, the senior secured notes due 2026 and the senior secured notes due 2029, subject to market and other conditions. The Not...
Jump to postAnother extension granted on business plan submission to the court
https://www.flightglobal.com/airlines/n ... 65.article
AA estimates its cash burn rate for Q1 was $27mil/day generating net loss of $2.7-2.8bil on 62% reduction in revenue.
Ended Q1 with $17.3bil liquidity.
SEC filing
https://americanairlines.gcs-web.com/node/39021/html
AA is deferring and converted 5 787-8 deliveries to 787-9s due in 2023, and 14 787-8s due this year will delivered by early 2022 instead.
Additionally 18 737MAX due in 2021/22 deferred to 2023/24.
SEC filing
https://americanairlines.gcs-web.com/node/39021/html
Two GUM 73Us will enter the domestic system.
Jump to postIAH is physically limited in the number of gates and also has logistical issues with passenger movement, baggage handling, and inefficient staffing required which creates bottlenecks. The summer 2019 schedule pushed UA daily departures to over 500 which had a considerable negative impact on the oper...
Jump to postI'm really surprised that demand at SFO remains so much lower than LAX. Pre-COVID, it was the 3rd largest O&D market in the country. I guess that just shows how business and international heavy it is. The good thing for UA is that nobody else is really making any kind of move in bay area. I wou...
Jump to postSFO: has become UA worst performing hub in terms of business, international and leisure traffic. UA does expect improvement in June should the state fully reopen. UA will also add an additional late afternoon bank at SFO in June to increase connectivity. The reason for late afternoon bank is due to...
Jump to postAA flight fromSydney to Los Angeles canceled after crew member tests positive for COVID-19.
https://www.usatoday.com/story/travel/a ... 152498002/
LATAM BK court docket rejecting A350 leases.
Looks like all are managed by AerCap Ireland Ltd.
https://cases.primeclerk.com/LATAM/Home ... OA==&id2=0
VCVSpotter wrote:United 777-200ER (reg unknown) filed HNL-VCV 9AM - 5:17PM as UA2714 tomorrow (April 9). My bet is that this is one of the PW engined 772s headed to VCV for storage....anyone have more details?
https://www.flightradar24.com/data/flights/ua2714
Hi, I am not sure it makes much sense to post anything at the moment, as the valuation data is always trailing by several months and its moving like a yo-yo. All it takes is one piece of news that a certain frame is being parked by some operator, and yesterdays price is no longer valid. Really only ...
Jump to postReported communication
https://pbs.twimg.com/media/EyeaIOMXEAU ... ame=medium
17 LATAM aircraft to be sold on “as-is, where-is” basis via public auction to be held on April 14, 2021. 2 - A350-900 4 - 787-9 11 - A321 https://newsroom.aviator.aero/skyworks-offers-17-aircraft-for-sale-via-public-auction/ I wonder why they don’t just retire all the A350s instead and harmonize th...
Jump to postHere is a breakdown of the proposed share holding. https://i.ibb.co/nC1hWT0/2021-04-08-095204.png https://i.ibb.co/nC1hWT0/2021-04-08-095204.png Per analyst report: There are two components to the plan. €1 billion of new money will come from an equity issue, with the French State and institutional s...
Jump to postAs a historical tidbit, as Douglas began the development of the DC-8 it proposed to lengthen the SMO runway to accommodate the larger aircraft and to also acquire additional acreage in the surrounding area to build new corporate offices. The city rejected the request, so, Douglas shifted the manufac...
Jump to postWestern Global pilots are joining ALPA after NMB certified election.
Western Global Pilots Vote to Join World’s Largest Pilots Union
https://www.alpa.org/news-and-events/ne ... joins-alpa
China frequencies are reduced as a result of CAAC (Civil Aviation Administration of China) action last year to allow airlines to maintain only one route to China with no more than one weekly frequency. https://www.fmprc.gov.cn/mfa_eng/topics_665678/kjgzbdfyyq/t1762623.shtml This limit was relaxed la...
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Michigan is going vertical
https://pbs.twimg.com/media/EyOwAH-U4AI ... =4096x4096
Interesting Q&A with KE president about Asiana integration process.
https://asianaviation.com/transcript-ko ... idents-qa/
TK will have its traffic rights suspended again in China for importing 14 COVID positive passengers in March to Guangzhou. Ban is supposed to commence April 19 and last 4-weeks.
Jump to postThe PW 777 fleet will be moved to Roswell. Will allow tech-ops consolidate the fleet in one place. I toured the old Cal facility years ago, several DC10’s and 747 Classics were being worked on inside, it was impressive then, is this new hangar larger ? And what’s going to happen with the old one ? T...
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Lets look at the wording from CDC head Walensky.
"While we believe that fully vaccinated people can travel at low risk to themselves, CDC is not recommending travel at this time due to the rising number of cases."
So, no they are still not recommending people run out and travel.
Per government decree, LATAM will cancel all Chile international services effective April 5 except a limited number of repatriation flights. https://aerolatinnews.com/destacado/chile-latam-cancelara-mayor-parte-de-sus-vuelos-internacionales-programados-y-operara-capacidad-reducida-para-mantener-la-c...
Jump to postKeep in mind coastal hubs like EWR, IAD and SFO are reliant on international traffic and the connecting flow it generates to support domestic flying. With longhaul international flying largely suspended, these hubs will obviously be limited in the volume of domestic flying they can support on their ...
Jump to postTook delivery of its first plane HL8387. Air Lease Corporation Announces Delivery of New Boeing 787-9 Aircraft to Air Premia https://airleasecorp.com/press/air-lease-corporation-announces-delivery-of-new-boeing-787-9-aircraft-to-air-premia https://pbs.twimg.com/media/ExWcTXYVcAQOwt9?format=jpg&n...
Jump to postVirginFlyer wrote:Where is this hangar complex exactly?
Frontier Airlines opened raising $570 million selling 30mil shares giving it a valuation of about $4 billion.
https://www.denverpost.com/2021/04/01/f ... re-travel/
