Aviation Daily Roundup: Jan. 12
Industry Experts Release Runway Excursion Prevention Plan
Credit: FAA
An international team of aviation experts has produced a set of recommendations aimed at preventing runway excursions, an ongoing problem for the industry.
New Lessor Vmo Aircraft Leasing Forms With $500M Fund
Credit: Matt Cardy / Getty Images
Private equity funders on Jan. 12 unveiled San Francisco-based Vmo Aircraft Leasing, a newly formed company to acquire and lease commercial aircraft worldwide, along with a $500 million endowment.
Boeing Lands New Widebody Freighter Sales To Atlas, DHL
Credit: Boeing
Boeing secured agreements to sell new widebody freighters to Atlas Air and DHL Express, as strong air cargo demand continues to help offset weakness in commercial passenger aircraft sales.
Daily Memo: U.S. Airports Are Caught In The Middle
Credit: Atlanta Airport
The $2 billion in emergency funding allocated to U.S. airports in the most recent COVID-19 pandemic relief package is a much-needed cash injection for an industry sector caught between the proverbial rock and a hard place.
Stakeholders Warn New Restrictions Will Harm Latin American Recovery
Credit: Lima Airport / Facebook
IATA has joined other industry organizations in raising concerns over new travel restrictions issued by Latin American governments as new variants of the coronavirus emerge and continue to spread.
New Skytra Tool Paves Way For Airline-Revenue Hedging
Credit: Rob Finlayson
Airbus subsidiary Skytra has secured UK finance regulator approval for a data tool which will allow airlines to hedge revenue for the first time, in the same way they do for fuel and currency.
Air Peace To Be Africa’s E195-E2 Launch Operator
Credit: Air Peace / Twitter
Nigerian carrier Air Peace will receive three initial Embraer E195-E2s in 2021, introducing the type to the African continent.
IATA Doubtful Over Easter Season As Travel Restrictions Persist
Credit: Rob Finlayson
IATA believes the situation for airlines will become worse before it becomes better, as international travel restrictions persist and vaccine roll-out is only just beginning.
Austrian Airlines Makes Progress Phasing Out Older Aircraft
Credit: Austrian Airlines
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400 will end operations by March 31.
CAAC Begins 2021 With Ambitious Five-Year Plan For Chinese Aviation
Credit: Beijing Capital International Airport / Twitter
Despite the onset of the COVID-19 pandemic, China ended 2020 with 420 million passenger movements, making it the world’s second-largest aviation market for the 15th consecutive year.
Japan’s COVID-19 Surge Causes ANA, JAL To Reduce Flights
Credit: Rob Finlayson
Japan’s two major carriers are significantly cutting back their domestic schedule plans for January following a new spike in COVID-19 cases in the country.
UK Tightens Up Restrictions With Testing Requirement For Arrivals
Credit: London Heathrow Airport
The UK has tightened up its COVID-19 travel restrictions, imposing the requirement of a negative test for the virus on all arrivals in addition to mandatory quarantines for those coming from states not on its “travel corridor” list.
Turkish Airlines Passengers Cannot Wear Masks With Valves, CEO Says
Credit: Turkish Airlines / Twitter
Turkish Airlines’ CEO has said passengers must not wear valved or vented face masks on board, in line with national health regulations and World Health Organization (WHO) guidance.
Tunisair, Air Algérie Appoint New CEOs
Credit: Joe Pries
North African carriers Tunisair and Air Algérie have both named new CEOs after their predecessors’ contracts were terminated.
Sriwijaya Air FDR Recovered; Concerns Over Air Check Valve
Credit: Sriwijaya Air
The flight data recorder (FDR) of Sriwijaya Air flight SJ182 was recovered by Indonesian naval divers on the evening of Jan. 12, three days after the Boeing 737-500 carrying 62 people plunged into the sea.
Air India Expands U.S. Network With West Coast, Midwest Flights
Credit: Air India
Star Alliance member Air India has begun increasing its presence in the U.S. as it launches nonstop services to the country from southern India.
As stakeholders warn that the new restrictions will harm Latin America's recovery, Skytra's data tool is paving the way for airline-revenue hedging. Take a look at the daily roundup of air transport news.
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