Aviation Daily Roundup: August 11, 2021

Transatlantic Analysis: The U.S.-UK Market As JetBlue Enters The Fray
Credit: JetBlue
JetBlue Airways makes its long-awaited entry into the transatlantic market on Aug. 11, launching its inaugural service between New York and London.

Embraer’s Eve Teams With Kenya Airways On UAM
Credit: Embraer
Africa has emerged as a proving ground for drone delivery, headlined by Zipline’s large-scale on-demand medical delivery networks in Rwanda, Ghana and now Nigeria. Now the continent is turning its attention to urban air mobility (UAM).

TransDigm Bids For Meggitt, Topping Parker Hannifin Offer
Credit: Meggitt
TransDigm Group is bidding 13% more for Meggitt than Parker Hannifin, the first two companies revealed Aug. 11.

Hubs Report Upswing In Traffic Despite Travel Restrictions
Credit: Dubai International Airport
LONDON—Britain’s Heathrow Airport reported a relative surge in passenger traffic in July but warned that overall numbers were still down 80% on pre-pandemic levels.

Southwest Airlines Guides Down Q3 Profitability On Delta Variant Spike
Credit: Southwest Airlines
Southwest Airlines warned that it does not expect to be profitable in the 2021 third quarter (Q3), as a spike of COVID-19 infections associated with the new delta variant appears to be harming demand for air travel.

Daily Memo: Pandemic Stalls Australian Recovery Once Again
Credit: David Gray/Getty Images
The latest surge of COVID-19 cases in Australia has dealt a critical blow to local airlines that were beginning to recover some momentum based on their domestic strength.

South Africa’s Mango Goes Into Business Rescue
Credit: Rob Finlayson
South African LCC Mango has been placed into the country’s business rescue process—roughly equivalent to administration—as it continues to struggle with financial problems.

Norse Atlantic Pushes Launch Into 2022
Credit: Norse Atlantic Airways
Long-haul startup Norse Atlantic Airways has revealed details of its plans as it moves towards launching operations in 2022.

Relaxed Travel Restrictions Crucial To Cathay’s Recovery Aims
Credit: Isaac Lawrence/AFP/Getty Images
Cathay Pacific said it will only be able to meet important year-end capacity and financial goals if the Hong Kong government eases travel restrictions as vaccination rates increase.

Turkish Airlines Stems Losses, Builds Up Cargo Business
Credit: Joe Pries
Turkish Airlines said that thanks to its lower cost base, broad network and burgeoning cargo business it is recovering from the COVID-19 crisis faster than its competitors.

Public Listing Keeps Joby On Track For EVTOL Air Taxi Launch
Credit: Joby Aviation/Bradley Wentzel
Joby Aviation has begun trading on the New York Stock Exchange, a milestone on its 15-year journey to launch commercial aerial ridesharing services in the U.S. in 2024 using all-electric, zero-emission vertical-takeoff air taxis.
JetBlue Airways makes its long-awaited entry into the transatlantic market, Embraer’s Eve teams with Kenya Airways on UAM and more. Take a look at the daily roundup of air transport news.
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