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Aviation Daily Roundup: Feb. 25, 2021

February 26, 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.

Read the full article

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.

Read the full article

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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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