Aviation Daily Roundup: Feb. 01, 2021

Ryanair Sees $1B-Plus Annual Loss Before Summer Recovery

Credit: Ryanair / Piotr Mitelski

Ryanair said it expected to make a full-year net loss of as much as €950 million ($1.1 billion), but sounded an optimistic note about a summer recovery as vaccines are rolled out across Europe.

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Daily Memo: Hawaiian Airlines’ Valuable Lessons In Controlling The Testing Supply Chain

Credit: Hawaiian Airlines

As U.S. airlines wait for the country’s Centers for Disease Control and Prevention to make a firm decision on requiring domestic travelers to test negative for COVID-19 prior to travel, Hawaiian Airlines’ unique experience has resulted in the operator building up an exclusive testing network. 

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Norwegian Startup Flyr Details June Launch

Credit: Flyr

Norwegian start-up LCC Flyr, a project backed by industry veteran Erik Braathen, has released details of its tentative network ahead of a planned June launch.

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JAL Forecasts Larger $2.9B Loss For 2020

Credit: Rob Finlayson

Japan Airlines (JAL) now expects to record a net loss of ¥300 billion ($2.9 billion) for 2020 after its hopes for traffic recovery in the current quarter were dashed by a resurgence of COVID-19 cases in the country.

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UK Extends Airport Slot Waiver Through Summer 2021

Credit: London Heathrow Airport

The UK has extended the temporary waiver on airport slot rules through its summer 2021 season, slot co-ordination company Airport Coordination Limited (ACL) has confirmed.

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Leisure Carrier Air Belgium To Take Up To Six Freighters

Credit: Air Belgium

Long-haul leisure carrier Air Belgium has announced plans to diversify into dedicated freighter operations, tapping CEO Niky Terzakis’ cargo industry background.

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European Countries Tighten COVID-19 Travel Rules

Credit: Maxime Letertre / Groupe ADP

PARIS—European countries including France, Germany and Portugal have introduced further restrictions to travel, with measures going beyond the updated travel restrictions the European Commission (EC) set forth in January. 

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Vietjet Ends 2020 With Slim Profit Thanks To Cargo, Cost-Cutting

Credit: Vietjet Air

Vietjet Air ended pandemic-stricken 2020 with a VND70 billion ($3 million) post-tax profit, boosted by strong ancillary revenue which accounted for 50% of all income.

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Military Takeover Shuts Down Myanmar Air Transport Sector

Credit: Yangdon International Airport

Myanmar has effectively stopped its international and domestic airline operations as the country’s military took over its democratically elected government early Feb. 1.  

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Russian Airlines’ Traffic Down 46% In 2020

Credit: Aeroflot / Twitter

MOSCOW—Russian airlines carried 69.2 million passengers in 2020, down 46% year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia. 

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SIA Engineering Company Continues Digitalization; Posts $5.8M Q3 Profit

Credit: SIAEC

SINGAPORE—The Singapore Airlines Engineering Company (SIAEC) is taking the downturn of the MRO market to push ahead with the second phase of digitalization transformation efforts that began in 2017. 

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Ryanair said it expected to make a full-year net loss of as much as $1.1 billion. Norwegian startup, Flyr, details a tentative launch for June and the UK has extended the temporary waiver on airport slot rules through the summer 2021 season. Take a look at the daily roundup of air transport news. 

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