Aviation Daily Roundup: Feb. 25, 2021

Daily Memo: Safran Weathering, Adapting To Crises

Credit: Safran

As Safran continues to withstand the COVID-19 and Boeing 737 MAX crises in 2021, action taken this year will be based on the measures the company successfully implemented in 2020, Safran CEO Olivier Andries anticipates.

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International Airlines Group Appoints New Aer Lingus CEO

Credit: Nigel Howarth / Aviation Week

International Airlines Group (IAG) has appointed the chief executive and chairman of IAG Cargo, Lynne Embleton, as CEO of Aer Lingus.

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Czech Airlines Faces Uncertain Future Amid Looming Layoffs

Credit: Rob Finlayson

CSA Czech Airlines plans to lay off all its remaining 430 staff, according to multiple media reports from the Central European nation. 

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Air New Zealand Slows Cash Drain After Cost Cuts

Credit: Air New Zealand

AUCKLAND—Air New Zealand has slashed its cash burn by more than half compared to the early stages of the COVID-19 crisis thanks to its cost-cutting efforts, and it expects to reduce this further in the six months through June 30.

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Qantas Targets October Relaunch For 22 International Routes

Credit: Qantas

Qantas expects to reopen almost all of its international routes by late October, although they will be operated by smaller widebodies as its Airbus A380s will remain parked.

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EU Politicians Warm To Destination 2050 Eco Plan

Credit: Rob Finlayson

Several EU policymakers have acknowledged the European aviation industry’s Destination 2050 carbon-neutral roadmap as a step in the right direction—but still just a starting point.

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U.S., Canada Vow To Cooperate On Aviation Climate Issues

Credit: Delta Air Lines

Senior transportation officials from the U.S. and Canada vowed to “reinvigorate” collaboration on decarbonizing aviation, part of a shared commitment to build back from the COVID-19 pandemic in an environmentally sustainable manner.

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Volotea To Grow Fleet With More Airbus A320s

Credit: Airbus

Spanish LCC Volotea plans to increase significantly its Airbus fleet by early summer 2021 as it inducts a batch of at least 15 A320 family aircraft. 

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SAS Sees Summer Vaccine Hope After First Quarter Loss

Credit: Rob Finlayson

Scandinavian Airlines (SAS) is hopeful the COVID-19 vaccine rollout will lead to an ease in travel restrictions and an increase in travel demand as summer approaches.

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Thai Airways Sinks To Record $4.7B Loss, Faces Being Delisted

Credit: Nigel Howarth / Aviation Week

Tourism-dependent Thai Airways has reported a record loss of THB141 billion ($4.7 billion) for 2020 after the sector collapsed following COVID-19-related border closures.

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Boeing Optimistic On Southeast Asian Market’s Narrowbody Demand

Credit: Rob Finlayson

Despite the Southeast Asian market being severely battered by the pandemic-related downturn, Boeing remains optimistic about the region’s long-term potential, predicting 1,590 new aircraft deliveries this decade.

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Delta-LATAM Joint Venture Granted Final Approval In Brazil

Credit: Joe Pries

Delta Air Lines and LATAM Airlines Group received final approval from the Brazilian Government to implement their planned joint venture (JV) between North America and Brazil. 

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EasyJet To Raise $1.5B From Bond As Recovery Comes Into View

Credit: Nigel Howarth / Aviation Week

EasyJet said it would raise €1.2 billion ($1.5 billion) from a bond issue, in a sign of optimism about the prospects for a recovery of the air transport sector over the coming months.  

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Brussels Airlines To Resume North Atlantic Routes

Credit: Nigel Howarth / Aviation Week

Brussels Airlines has outlined its flying program for the summer 2021 season, which includes the resumption of North Atlantic services and the addition of a new route to Frankfurt.

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As Safran continues to withstand the COVID-19 and Boeing 737 MAX crises in 2021, IAG appoints a new CEO for Aer Lingus and Qantas targets October relaunch for 22 international routes. Take a look at the daily roundup of air transport news. 

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