Aviation Daily Roundup: August 22, 2022

August 23, 2022

U.S. Airline Momentum Set To Slow In 2023

U.S. airlines will benefit from a full year of “normalized demand” in 2023 but will soon face headwinds from broader macroeconomic factors that are threatening most industries, a new Fitch Ratings forecast said. Credit: Stefani Reynolds / AFP / Getty Images

Wizz Air Appoints New CFO, Drops Plan To Resume Russia Flights

Wizz Air has appointed a new CFO, Ian Malin, to replace Jourik Hooghe, who is leaving the low-cost airline after three years. Credit: Wizz Air

Daily Memo: Falling Fares Not A Cause For Concern—Yet

Airfares are falling in the U.S., offering a reprieve to travelers who spent most of this year confronting inflation, rising energy bills and sky-high ticket prices. Credit: Greg Pease / Getty Images

Aena Wins Management Tender For 11 Brazilian Airports

Spanish airport operator Aena has secured a R$2.45 billion ($473.8 million) management contract covering 11 airports across Brazil, including São Paulo/Guarulhos International Airport (GRU). Credit: Trevisan Aviation Images / Alamy Stock Photo

Faroe Islands Salmon Farmer To Launch Air Cargo Operations

Faroe Islands-based seafood company Bakkafrost is preparing to launch a new cargo initiative called FarCargo in the final quarter of the year. Credit: Rob Finlayson

Consolidation Among Cabin Lighting Suppliers As Heads Up Buys STG

Private equity-backed supplier Heads Up Technologies (HUT) has acquired aircraft cabin lighting specialist STG Aerospace for an undisclosed sum. Credit: STG Aerospace

Singapore Changi Airport Unveils Post-COVID Redesign For Terminal 5

The operator of Singapore Changi International Airport has unveiled the final design of its massive Terminal 5 (T5) project, which was halted two years ago during the depths of the COVID-19 pandemic. Credit: Changi Airport Group

Air Wisconsin Switches Allegiance From United To American Airlines

U.S. regional operator Air Wisconsin is forging a new partnership with American Airlines, opting to end an agreement with its current major airline partner, United Airlines. Credit: American Airlines

Manston Airport To Reopen As Cargo Hub

Manston Airport in southeast England is set to reopen as an air cargo hub in early 2025, after a decade’s closure and a five-year wait for UK government planning approval to be finalized. Credit: John Miller / Alamy Stock Photo

U.S. Airline momentum set to slow in 2023, Wizz Air appoints new CFO, dropspPlan to resume Russia flights, and more. Take a look at the daily roundup of air transport news.

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