Korean Air delivers profitable second-quarter with freight focus
Korean Air’s focus on cargo operations appears to have paid off, as it reports a profitable second quarter that outperformed the year-ago period.
![[Photo 1] Korean Air producing B787’s Aft. Wheel Well Bulkhead](https://d3lcr32v2pp4l1.cloudfront.net/Pictures/100x67//2/1/8/72218_photo1koreanairproducingb787saft.wheelwellbulkhead_138571.jpg)
Kawasaki, Korean Air renew 787 aft wheel well bulkhead contract
Korean Air has extended its contract with Boeing tier One supplier Kawasaki Heavy Industries to produce aft wheel well bulkheads for Boeing 787s.
Airline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
Jeju Air could take $15m hit from cancelled Eastar Jet deal
Jeju Air may have scrapped plans to acquire a majority stake in Eastar Jet, but it could still take a further W18 billion ($15 million) hit to its bottom line.
DAE Capital dealing with more complicated deferral requests: CEO
Lessor DAE Capital has improved its cash collection rate since a low point in April, but is now having to contend with rental deferral requests that are longer, bigger and more complex than before.
Canberra issues special forces helicopter RFP
Australia has issued a request for proposals (RFP) for a requirement to obtain a fleet of light helicopters for use by the country’s special forces.
Airline coronavirus recovery tracker: August 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
JAL plays the long game with pandemic response
Japan Airlines (JAL) is focused on long-term survival as it weighs its network, finances, and fleet, amid the coronavirus pandemic.
Canberra pledges A$1.3 billion to local UAS sector
Australia plans to invest up to A$1.3 billion ($934 million) to develop small unmanned air vehicles (UAVs) to improve maritime awareness.
Tigerair Australia to cease operations
Low-cost operator Tigerair Australia will cease operations owing to a lack of demand in the Australian market.