Aviation Daily Roundup: August 24, 2021
August 25, 2021
Mixed Recovery Posing Challenges For Some MRO Providers
Sean Broderick
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Heico Results Point To Commercial MRO's Growing Momentum
Sean Broderick
Heico Corp.’s commercial aviation-focused Flight Support Group (FSG) has posted its fourth straight quarter of revenue growth, adding another data point that suggests increased flying is translating into a broader aftermarket recovery.
FAA Awards Grants For Airport Safety, Sustainability, Accessibility
Delta A321neo Deal Continues Trend Of U.S. Airlines Boosting Narrowbody Order Books
Lori Ranson
Delta Air Lines’ decision to up its Airbus A321neo order book by 30 aircraft reflects a larger trend among U.S. carriers that are working to ensure they have optimal fleet flexibility to drive cost and efficiency advantages as the recovery from the COVID-19 pandemic could turn more uncertain.
Archer Teams With Reef On Parking-Garage Vertiports
Graham Warwick
As it heads toward a Sept. 14 shareholder vote on its merger with blank-check company Atlas Crest Investment, urban air mobility startup Archer has teamed with parking-garage operator Reef Technology to establish rooftop vertiport locations in U.S. cities.
Piasecki, HyPoint Partner On Hydrogen Fuel Cell EVTOL
Graham Warwick
Startup HyPoint has entered into a $6.5 million collaborative agreement with Piasecki Aircraft to develop a hydrogen fuel cell propulsion system for electric vertical takeoff and landing vehicles.
Goshawk Secures Narrowbody Acquisition Funds To Mid-2023
Victoria Moores
Dublin-headquartered aircraft lessor Goshawk has extended a $500 million line of credit until July 2023 to fund narrowbody acquisitions throughout that period.
Irish Startup Emerald Airlines Commits To Six ATR 72-600s
Why Airbus Is Offering Lower-Weight A330neo Versions
Jens Flottau
EASA has certified versions of the A330-800 and -900 that are significantly lower weight than the in-service A330neo fleet that can lead to a significant reduction in operating costs for airlines, making the aircraft more attractive to operators that don’t need the long-range capabilities.
India Looks To Open 25 Airports To Private Investment
Adrian Schofield
The airport proposal is part of the government’s National Monetization Plan (NMP), which aims to raise a total of INR6 trillion ($81 billion) over four years through license or lease arrangements for state-owned assets in several industry sectors.
Philippine Airlines Defers Deliveries By At Least Five Years
Chen Chuanren
As it prepares to begin a financial restructuring, Philippine Airlines has pushed out deliveries of new aircraft from Airbus to “align with the forecasted recovery of travel demand.”
737 MAX Re-Cert Lead Promoted In Engineering Reshuffle
Guy Norris
Lynne Hopper, a central figure in the 737 MAX recovery effort, has been named the new vice president and general manager of Boeing Commercial Airplanes' recently centralized Engineering Strategy & Operations (ES&O) group.
Mixed Recovery Posing Challenges For Some MRO Providers
Sean Broderick
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Heico Results Point To Commercial MRO's Growing Momentum
Sean Broderick
Heico Corp.’s commercial aviation-focused Flight Support Group (FSG) has posted its fourth straight quarter of revenue growth, adding another data point that suggests increased flying is translating into a broader aftermarket recovery.
FAA Awards Grants For Airport Safety, Sustainability, Accessibility
Delta A321neo Deal Continues Trend Of U.S. Airlines Boosting Narrowbody Order Books
Lori Ranson
Delta Air Lines’ decision to up its Airbus A321neo order book by 30 aircraft reflects a larger trend among U.S. carriers that are working to ensure they have optimal fleet flexibility to drive cost and efficiency advantages as the recovery from the COVID-19 pandemic could turn more uncertain.
Archer Teams With Reef On Parking-Garage Vertiports
Graham Warwick
As it heads toward a Sept. 14 shareholder vote on its merger with blank-check company Atlas Crest Investment, urban air mobility startup Archer has teamed with parking-garage operator Reef Technology to establish rooftop vertiport locations in U.S. cities.
Piasecki, HyPoint Partner On Hydrogen Fuel Cell EVTOL
Graham Warwick
Startup HyPoint has entered into a $6.5 million collaborative agreement with Piasecki Aircraft to develop a hydrogen fuel cell propulsion system for electric vertical takeoff and landing vehicles.
Goshawk Secures Narrowbody Acquisition Funds To Mid-2023
Victoria Moores
Dublin-headquartered aircraft lessor Goshawk has extended a $500 million line of credit until July 2023 to fund narrowbody acquisitions throughout that period.
Irish Startup Emerald Airlines Commits To Six ATR 72-600s
Why Airbus Is Offering Lower-Weight A330neo Versions
Jens Flottau
EASA has certified versions of the A330-800 and -900 that are significantly lower weight than the in-service A330neo fleet that can lead to a significant reduction in operating costs for airlines, making the aircraft more attractive to operators that don’t need the long-range capabilities.
India Looks To Open 25 Airports To Private Investment
Adrian Schofield
The airport proposal is part of the government’s National Monetization Plan (NMP), which aims to raise a total of INR6 trillion ($81 billion) over four years through license or lease arrangements for state-owned assets in several industry sectors.
Philippine Airlines Defers Deliveries By At Least Five Years
Chen Chuanren
As it prepares to begin a financial restructuring, Philippine Airlines has pushed out deliveries of new aircraft from Airbus to “align with the forecasted recovery of travel demand.”
737 MAX Re-Cert Lead Promoted In Engineering Reshuffle
Guy Norris
Lynne Hopper, a central figure in the 737 MAX recovery effort, has been named the new vice president and general manager of Boeing Commercial Airplanes' recently centralized Engineering Strategy & Operations (ES&O) group.
Mixed Recovery Posing Challenges For Some MRO Providers
Sean Broderick
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Delta follows U.S. airline trend of bolstering its narrowbody books, why Airbus is offering lower-weight A330neo versions, Philippine Airlines have pushed deliveries by at least five years and more. Take a look at the daily roundup of air transport news.
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