Aviation Daily Roundup: Jan. 5

Vietnam Airlines Board Approves Share Issuance, Names New CEO

Credit: Vietnam Airlines

The board of Vietnam Airlines has approved a proposal for the flag carrier to issue VND8 trillion ($346 million) worth of new shares to tide it over for 2021.

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Daily Memo: Why Don’t We See A Flood Of A&D Bankruptcies?

Credit: Spirit Aerosystems

As far as positive signs go in 2020, a relative bright spot was the dearth of bankruptcies and clear exits from the aerospace and defense sector by small and medium-sized suppliers. 

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China Eastern’s New ARJ-21 Operator Outlines Launch Network

Credit: Comac

China Eastern’s new subsidiary OTT Airlines is planning to launch at least five routes during the first quarter of 2021 as it seeks to gain a foothold in China’s domestic market.

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Emirates Debuts Premium Economy Class Services

Credit: Emirates

Emirates Airline launched scheduled premium economy class services on Jan. 4 between Dubai (DXB) and London Heathrow (LHR) aboard its recently delivered Airbus A380.

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Royal Air Maroc Revives Dubai Route Plans

Credit: Nigel Howarth / Aviation Week

Morocco’s flag-carrier Royal Air Maroc has revived plans to add Dubai to its network, more than six years after last pulling the plug on a proposed route to the emirate. 

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Delta Chooses Viasat For Narrowbody Inflight Wi-Fi Upgrade

Credit: Delta Air Lines

Delta Air Lines has finalized a deal with Viasat for the satellite operator to supply high-speed Wi-Fi to more than 300 mainline narrowbody aircraft.

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EU Approves State Aid For Aegean, TUI

Credit: Rob Finlayson

The European Commission (EC) has approved a €1.25 billion ($1.53 billion) government recapitalization for German leisure-travel specialist TUI and a €120 million grant for Greek carrier Aegean Airlines.

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Omnibus Bill Mandates U.S. Part 147 Update By April

Credit: U.S. Bureau of Labor Statistics

Industry’s push to get revised training standards for U.S. mechanic educational programs received a boost in the recent stimulus bill, as Congress included language that calls on the FAA to issue a new rule by midyear. 

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Restrictions On Qatar Airways Set To Ease As Gulf Neighbors Lift Blockade

Credit: Joe Pries

The blockade imposed on the State of Qatar and consequently its flag carrier Qatar Airways by neighbors including Saudi Arabia and the UAE has been lifted. 

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Nigeria’s Azman Air Plots Rapid Expansion In 2021

Credit: Azman Air Services Limited / Facebook

Nigerian domestic carrier Azman Air is planning to add another Airbus A340-600, three Boeing 737-800s and five regional aircraft, under an ambitious growth strategy for 2021.

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Amazon Buys 11 Boeing 767s From Delta, WestJet

Credit: Amazon News / Twitter

Amazon has purchased 11 used Boeing 767s from Delta Air Lines and WestJet, as the online retailer looks to expand the size of its cargo operation to accommodate surging e-commerce and global freight demand.

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African Free Trade Area Goes Live; Full Ratification Remains A Goal

Credit: Ethiopian Airlines / Twitter

Ethiopian Airlines, DHL and African Electronic Trade Group (AeTrade Group) were among the first companies to transport cargo under the new African Continental Free Trade Area (AfCFTA), which became operational on Jan. 1.

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From Emirates debuting its premium economy class services and Royal Air Maroc reviving Dubai route plans to why we don't see a flood of A&D bankruptcies. A daily roundup of air transport news. 

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