Aviation Daily Roundup: Feb. 18, 2021

Credit: Nigel Howarth / Aviation Week

Jet fuel prices have steadily raced higher in recent weeks, tracking gains in the price of crude oil. That could spell trouble ahead for an air transport industry still reeling from the colossal impact of the COVID-19 pandemic.

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Credit: Conseil & Technique

French product development group Conseil & Technique (C&T) has briefed Airbus on a design concept that can be used to modify an existing airliner such as the A320 to electric propulsion.

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Credit: Boeing

Aeromexico saw some encouraging signs in Mexico’s domestic market at the end of 2020, but similar to most countries worldwide, Mexico’s recovery appears to be choppy. 

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Credit: Karen Walker / ATW

Embraer said on Feb. 18 it was formally withdrawing its World Trade Organization (WTO) case against Canada and Bombardier over airliner manufacturing subsidies now that the issue is moot with Bombardier’s focus on business aviation.

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Credit: Finnair

Finnair said it is now in a healthy financial position after a recapitalization and extensive cost-cutting that addressed the havoc wreaked on its business by the COVID-19 pandemic in 2020.

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Credit: Joe Pries

Nine new routes to destinations in Scandinavia will be added to Vueling’s network in summer 2021 as the Spanish carrier targets leisure demand and seeks to capitalize on Norwegian Air Shuttle’s struggles.

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Credit: Air France-KLM

PARIS—Air France-KLM has posted a €7.1 billion ($8.5 billion) full-year net loss after an “unprecedented 2020 for the airline industry.” 

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Credit: Premium Aerotec

Around a decade after preparing to divest its aerostructures businesses, Airbus is now reversing course and wants to keep component manufacturing inside the group for the long term.

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