Boeing completes helicopter deliveries to the Indian Air Force

Boeing

Boeing has completed delivery of all new AH-64E Apache and CH-47F(I) Chinook military helicopters to the Indian Air Force (IAF). The final five of the 22 Apache attack helicopters were handed over to the IAF at Air Force Station, Hindan. Earlier in March, Boeing handed over the last five of 15 CH-47F(I) Chinook heavy-lift helicopters to the IAF.

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Industry losses to top $84 billion in 2020

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues rise to $598 billion.

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After april passenger demand trough, first signals of uptick

Airbus

The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. This is a rate of decline never seen in the history of IATA’s traffic series, which dates back to 1990.

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First Cessna Citation Latitudes configured for Flight Inspection enter service

Textron Aviation  company, recently delivered the first two Cessna Citation Latitude aircraft  configured for flight inspection missions. The aircraft were delivered to Kanematsu Corporation and will be owned and operated by the Japan Air Self-Defense Force (JASDF) to ensure the integrity of instrument approaches and airway procedures that constitute the national airspace of Japan. A third aircraft is anticipated to deliver in early 2021.

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