Daily Memo: Digital Divide Grows In Aero Manufacturing
Credit: Spirit AeroSystems
Spirit AeroSystems had a terrible, horrible, no good, very bad year in 2020 because of COVID-19 and the Boeing 737 MAX shutdown, but it did not let a major crisis go to waste.
U.S. Startup Breeze To Retain Dual Embraer, Airbus Fleet
Credit: Breeze Airways
U.S. start-up carrier Breeze Airways plans to keep a dual fleet of Embraer E190/195s and Airbus A220s to utilize on secondary short-haul markets and long thin routes.
Europe Moves To Better Understand Supersonic Aircraft Impacts
Credit: Cranfield University/DLR
Europe has launched a research program to develop a deeper understanding of the environmental impact of future supersonic aircraft and provide input into international efforts to develop certification standards for noise and emissions.
Ex-Boeing Commercial Services Leader, PE Investors Team For New Lessor
Credit: Rob Finlayson
The former finance chief at Boeing Commercial Services has teamed with a well-known private equity firm in aerospace and defense to launch Aquila Air Capital, a new commercial aircraft, engine and equipment lessor, to capitalize on the historic disruption in commercial aviation.
Rainer von Borstel, the CEO of aircraft systems and cabin interiors provider Diehl Aviation since 2010, will retire this month and Josef Köcher, who recently joined as COO, will succeed him, the company announced April 19.
Ireland Grants €11M In Airport Funding Amid Pressure To Reopen
Credit: Ireland West Airport
Donegal, Kerry and Knock are among the Irish regional airports set to benefit from an €11 million ($13.2 million) government grant, as Irish aviation calls for the implementation of a reopening plan.
Neos Receives Tentative Approval For Scheduled U.S. Routes
Credit: Joe Pries
Milan-based airline Neos has received tentative approval from the U.S. Transportation Department (DOT) for exemption authority and an amended foreign air carrier permit.
ExpressJet—a U.S. regional carrier which ceased flying in September 2020—is seeking permission to begin scheduled commercial operations under its own brand.
Air France-KLM Targets 50% Summer Capacity; Stakeholder Shares Realign
Credit: Pascal Pavani / AFP / Getty Images
PARIS—Air France-KLM is hoping to operate 50% of its normal capacity across the airline group’s entire network during the summer season, CEO Ben Smith said.
Cebu Pacific Gets Another Lifeline As Indigo Partners Invests
Credit: STR / AFP / Getty Images
Philippine carrier Cebu Pacific has received a $250 million cash injection in the form of convertible bonds from International Finance Corporation (IFC), IFC Emerging Asia Fund and Indigo Philippines LLC, a subsidiary of U.S. airline investor Indigo Partners.
The digital divide grows in aero manufacturing, Europe moves to better understand supersonic aircraft impacts and more. Take a look at the daily roundup of air transport news.
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