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. 

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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. 

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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. 

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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).

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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. 

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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.

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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. 

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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. 

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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.

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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.

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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.

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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. 

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