Aviation Daily Roundup: Feb. 02, 2021

Former Boeing CEO Muilenburg, Industry Vets Hunt For M&A Targets

Credit: Boeing

Former Boeing chief executive Dennis Muilenburg, AirFinance founder Kirsten Touw and other aviation luminaries are joining to launch a new special purpose acquisition company (SPAC) to acquire and take public aerospace and defense businesses.

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Daily Memo: Do AAM/UAM Visions Need To Be Brought Back To The Ground?

Credit: Airbus

Finally, it is no longer crazy to dream of owning a flying car. The everyman and everywoman could be scooting around in their own hybrid-electric quadcopter by the 2040s, according to countless forecasts, and urban air taxis could dot the skies with commuters in most urban locales. 

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Boeing Pushes 737-10 Debut To 2023

Credit: Boeing

Boeing’s updated 737-10 program timeline sees first deliveries in 2023, giving it about two years to develop changes agreed to as part of regulatory reviews of the narrowbody program. 

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Aeroflot Group Traffic Down By Half In 2020

Credit: Airbus

MOSCOW—Impacted by the COVID-19 pandemic, significant flight restrictions and the suspension of international flights, Aeroflot Group carried 30.2 million passengers in 2020, down 50.3% year-over-year (YOY). 

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Virgin Australia Postpones Plans For International Flights

Credit: Virgin Australia

AUCKLAND—Virgin Australia has pushed back its target for resuming short-haul international flights as prospects for a two-way travel bubble with New Zealand appear to be fading.

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U.S. Senate Confirms Buttigieg As Transportation Secretary

Credit: Pete Buttigieg / Twitter

WASHINGTON—Stakeholders from across the aviation industry reacted positively to the confirmation of Pete Buttigieg as U.S. Transportation secretary. 

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Brussels Wants Air France To Give Up Slots For Aid Package: Report

Credit: Rob Finlayson

The European Commission (EC) is reportedly studying the French state’s recapitalization plan for Air France and wants the airline to relinquish slots at Paris Orly airport to ensure it meets European competition regulations.

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AerCap Veteran Scruggs To Retire In March

Credit: AerCap

AerCap president and chief commercial officer Philip Scruggs is retiring from the lessor after 26 years of service, with Peter Anderson taking on the role of chief commercial officer.

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U.S. Airports Request $17B In Additional Federal Stimulus

Credit: Denver International Airport / Twitter

WASHINGTON—Airports called on U.S. lawmakers to approve $17 billion in targeted aid as part of a new stimulus package currently being negotiated on Capitol Hill. 

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Dubai Organizations To Distribute COVID-19 Vaccine To Poorer Nations

Credit: Emirates SkyCargo

Several elements of Dubai’s aviation infrastructure have combined to speed up the distribution of COVID-19 vaccines via the Gulf emirate—particularly to poorer countries.

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Fate Of Air Namibia Hangs In The Balance

Credit: Rob Finlayson

The future of Namibia’s flag-carrier is uncertain after the country’s finance minister described its debts as “unsustainable.”

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SWISS, Austrian, TAP Reduce Capacity As Travel Rules Tighten

Credit: Joe Pries

Several Star Alliance airlines have reduced their February capacity further after stricter travel restrictions designed to stem the spread of COVID-19 made air travel nearly impossible.

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Sunwing Airlines Secures Bailout After Canada’s Block On Destinations

Credit: Rob Finlayson

Sunwing Airlines has become the first carrier to receive financial support from the Canadian federal government since the COVID-19 crisis began.

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Greek Carrier Lumiwings Plans Scheduled Operations Debut In Italy

Credit: Lumiwings

Greek charter carrier Lumiwings is planning to branch out into scheduled operations, offering flights from Forli in northern Italy to destinations across the Czech Republic, Poland, Romania and Ukraine.

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Philippine Airlines Reveals Details Of Major Job Cuts

Credit: Philippine Airlines

Philippine Airlines (PAL) has confirmed it will have to cut its workforce by almost a third as a result of the COVID-19 crisis.

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As Boeing pushes its 737-10 debut to 2023, the aviation week daily memo asks, do AAM/UAM visions need to be brought back to the ground? Take a look at the daily roundup of air transport news. 

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