Aviation Daily Roundup: February 28, 2022

International Carriers React To Airspace Closures

Credit: Airbus

Russian carriers have been barred from almost all of Europe’s airspace as part of sanctions imposed by the European Union following Moscow’s invasion of Ukraine.

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Changi Looks To Vietnam While It Applies To Return Rio’s Concession

Credit: NHAC NGUYEN / AFP / Getty Images

The international arm of Changi Airport Group, Changi Airport International (CAI), has signed a strategic partnership agreement worth $1.5 billion with Vietnamese conglomerate Sovico Group and LCC Vietjet Air to enhance aviation services in Vietnam and the region.

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AerCap, Finnair Flag Business Impact Of Russian Invasion Of Ukraine

Credit: Thierry Monasse / Getty Images

AerCap is ceasing all leasing activity with Russian carriers and Finnair has withdrawn its first quarter (Q1) financial guidance, cautioning that prolonged Russian airspace restrictions will render most of its Asian network unviable.

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AirAsia Forecasts Demand Rebound Will Gain Momentum

Credit: AirAsia

The AirAsia Aviation Group saw an encouraging uptick in travelers in the 2021 fourth quarter (Q4), and the carrier expects this trend to continue in early 2022 as more of its key markets reopen.

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Norwegian Leases 18 More Boeing 737s As It Builds Back Fleet

Credit: Norwegian

LCC Norwegian has agreed to lease 10 Boeing 737-8s and eight 737-800s from AerCap as it moves to increase its fleet to 80 aircraft by summer 2023.

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Caribbean Airlines, Qatar Airways Explore Cooperation

Credit: Joe Pries

The Trinidad and Tobago-based airline released a statement in which it revealed that Caribbean chairman Ronnie Mohammed was part of a delegation led by Keith Rowley, the country’s prime minister, that visited Qatar recently.

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