Aviation Daily Roundup: Mar. 08, 2021
March 09, 2021
Sun Country Airlines To Raise Up To $240M Through Nasdaq Listing
Credit: Sun Country Airlines
Sun Country Airlines is seeking to raise up to $240 million through an initial public offering (IPO) on the Nasdaq, more than double its previous target of $100 million.

American Airlines Plans $7.5B Debt Sale To Repay Treasury Loan
Credit: Nigel Howarth / Aviation Week
American Airlines announced plans to mortgage its frequent-flier program to pay off a $7.5 billion government loan accepted in 2020 as part of the CARES Act.

Condor Looks For More Money As Demand Recovery Is Delayed
Credit: Joe Pries
FRANKFURT–German leisure carrier confirmed it is in talks for more financing, now that a return of demand appears to be delayed further.

Honeywell Reveals APU-Based Hybrid-Electric Power Plan
Credit: Moses Bunting, aurora.aero
In response to higher power requirements for the emerging autonomous air cargo and urban air mobility markets, Honeywell is developing a 1-megawatt turbogenerator based on the company’s HGT1700 auxiliary power unit (APU).

Daily Memo: Is Long Awaited Relief Finally Coming For Canada’s Airlines?
Credit: Ottawa International Airport
Canadian airlines have been in limbo for a year as stringent travel restrictions and a lack of government aid have hindered what little recovery there could have been in market demand.

Flybe Administrators Still Finalizing Sale
Credit: Nigel Howarth / Aviation Week
LONDON—Administrators acting for defunct UK regional carrier Flybe are continuing to finalize the sale of the business to Cyrus Capital Partners affiliate Thyme Opco Limited.

Aviation Organizations To Cooperate On Runway Condition Assessments
Credit: Joe Pries
ICAO, IATA and CANSO have agreed to partner in a training program to familiarize the industry on the new Global Reporting Format (GRF) on runway surface conditions.

Aer Lingus’ UK-U.S. Route Ambitions Clear Regulatory Hurdle
Credit: Joe Pries
The U.S. Transportation Department (DOT) has granted tentative approval for Irish carrier Aer Lingus to begin marketing its planned UK-U.S. routes.

Singapore Airlines To Be First To Pilot IATA Travel Pass App
Credit: IATA
SINGAPORE—Singapore Airlines (SIA) will become the first airline to trial the IATA Travel Pass mobile application in a pilot program involving passengers traveling one-way from Singapore (SIN) to London (LHR) from March 15-28.

Chinese Officials Flag Challenges Faced By Domestic Regional Aircraft
Credit: AVIC
Senior members of the Chinese civil aviation community have highlighted a series of challenges that the development of domestically built civil aircraft must contend with, ranging from airspace policies to economies of scale.

Eurowings To Open Berlin Base, Enter British Leisure Market
Credit: Eurowings
Eurowings hopes to strengthen its position at Berlin Brandenburg (BER) with the launch of a new base and plans to enter the British leisure market for the first time in response to what the carrier describes as “holiday fever” in the UK.
American Airlines plans a $7.5B debt sale to repay treasury loan, Condor looks for more money as demand recovery is delayed and more. Take a look at the daily roundup of air transport news.
Get regular analysis and insights from Aviation Week Network’s award-winning editorial and data teams on technology and business advances impacting the global aviation, aerospace and defense industries
Not a subscriber? Sign up here.