Aviation Daily Roundup: Feb. 16, 2023

Reflecting on a “transformational” year that featured its $843.7 million acquisition of lessor Falko Regional Aircraft, Chorus Aviation reported progress in the 2022 fourth quarter (Q4) on transitioning its regional aircraft leasing business to an asset-light leasing model.

Boeing has notified Panama’s Copa Airlines that its 737 MAX aircraft will arrive later than originally anticipated in 2023.

While many carriers in the Asia-Pacific region paused aircraft deliveries during the pandemic, some of the strongest LCCs continued to receive new narrowbodies and are now further advanced on their fleet modernization efforts.

Just two days after German passengers were affected by a major IT outage that halted all Lufthansa flights to and from Frankfurt Airport, air traffic in Germany is expected to come to a near-standstill on Friday, Feb. 17. 

Safran has run a hybrid-electric turboprop engine under the European Union’s Clean Sky 2 research program.

Norwegian is preparing to operate 81 aircraft during the upcoming summer peak after closing 2022 with a robust cash position, despite recording a loss in the fourth quarter (Q4). 

Uzbekistan’s first private low-cost airline Centrum Air has commenced operation. 

Icelandic LCC Play says its development is on the right track, despite its net loss having doubled in 2022. 

All Nippon Airways (ANA) has outlined plans to restore its profits and capacity to pre-pandemic levels or beyond during the next three fiscal years.

The preliminary report into the recent crash of a Yeti Airlines ATR 72 in Nepal indicates that both engines on the turboprop were feathered moments before the fatal accident, causing the aircraft to lose thrust and crash.