Aviation Daily Roundup: August 20, 2021

August 23, 2021

Japan, Boeing To Collaborate On Airframe Noise Reduction

Graham Warwick

The Japan Aerospace Exploration Agency has set up a joint research framework with domestic manufacturers and Boeing with the objective of commercializing noise reduction technology demonstrated under its Fquroh research program.

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Daily Memo: Korean Air CEO Points To Lessons That All Airlines Can Heed From The Crisis

Karen Walker

For most airlines, 2021 is about working a path back to profitability, or at least reducing losses so that they can enter next year on a firmer financial footing.

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IAI, Ethiopian, To Create New Addis Cargo-Conversion Center

Victoria Moores

Israel Aerospace Industries (IAI) has signed an agreement with Ethiopian Airlines to create a new Boeing 767 passenger-to-cargo conversion center in Addis Ababa, with three Ethiopian Airlines 767-300s set to launch the new venture.

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Business, Cargo Market Guide Starlux Network Expansion

Chen Chuanren

Taiwanese startup Starlux Airlines has turned to business travel and cargo demand as the basis for selecting its next destinations, postponing and suspending leisure routes the airline had promoted before the pandemic. 

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South Africa’s Comair Finalizing Funding For September Relaunch

Victoria Moores

Privately owned South African carrier Comair is hoping to finalize fresh funding and resume flights in September, following its decision to suspend flights again on July 5.

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Startups Needed For Sustainable Future For Aviation: Report

Graham Warwick

Disruptive innovation by startups could play a key role in enabling a sustainable future for aviation, but the sector is barely being considered by investors, the Hamburg-based Sustainable Aero Lab says.

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Startup Flyr Takes Off With A Loss

Alan Dron

The airline’s expenses accelerated as it employed more staff and neared its first flight on June 30, having started the process toward becoming an operating carrier in October 2020.

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TransDigm’s Results Support Aftermarket-Recovery Theme

Sean Broderick

Increased flight activity during the last quarter boosted TransDigm’s aftermarket sales both sequentially and year-over-year (YOY), yet another positive sign that the sector is in recovery mode. 

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AirBaltic Set To Receive Further Equity Injection From Latvia

Kurt Hofmann

Latvia’s airBaltic is set to receive a €90 million ($105 million) equity injection from the state to compensate for the losses incurred during the COVID-19 crisis and to support the carrier’s recovery.

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Austrian Airlines, SWISS Exploring More ‘Train-To-Flight’ Possibilities

Kurt Hofmann

The airlines hope rail services can provide feed for their services while also contributing toward their sustainability efforts. 

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Sundair’s New Croatian Subsidiary Fly Air41 Airways Secures AOC

Kurt Hofmann

Fly Air41 Airways has received its air operator’s certificate from the Croatian civil aviation agency.

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Taiwanese startup Starlux are suspending leisure routes to prioritise business travel and cargo demand, report showing startups are imperative to a sustainable future, startup Flyr takes off with a loss and more. Take a look at the daily roundup of air transport news.

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