Aviation Daily Roundup: Mar. 18, 2021

Credit: Boeing

Brazilian LCC GOL is adjusting its near-term outlook as rising coronavirus cases are crimping demand in the country, which previously was on track as one of the fastest recovering markets worldwide.

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Credit: Rob Finlayson

WASHINGTON—An airline industry association has reportedly drafted a proposal to include federal funding of modern avionics in U.S. President Joe Biden’s expected trillion-dollar infrastructure package.

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Credit: Joe Pries

Historically, shocks to the global air transport industry have ushered in waves of merger activity among U.S. carriers. 

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Credit: Maldivian

Maldivian, the national carrier of the Maldives, is to expand its operations to India as it seeks to attract more premium leisure traffic. 

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Credit: Nigel Howarth / Aviation Week

Australia’s competition watchdog has dismissed claims by Regional Express (Rex) that Qantas’ entry into thin regional domestic routes is anti-competitive.

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Credit: Boeing

Saudi Arabian Airlines (SAUDIA) has signed a major financing agreement worth SAR11.2 billion ($3 billion), the largest of its kind in Saudi Arabia’s aviation sector history.

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Credit: Rob Finlayson

The U.S. Transportation Department (DOT) is now requiring Hong Kong-based Cathay Pacific to file its U.S. flight schedules with the agency so it can determine if the company’s operations are creating adverse conditions. 

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Credit: Joe Pries

LONDON—International Airlines Group (IAG) plans to issue two series of senior unsecured bonds as it seeks to bolster its financial position in the continuing coronavirus pandemic. 

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Credit: Fraport AG

Fraport, operator of Frankfurt Airport and 30 other airports globally, has confirmed that Frankfurt’s new Terminal 3 will not be ready for operations until 2026, the latest in a series of delays to the building.

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Credit: Farnborough Airshow/Twitter

LONDON–Organizers of the Farnborough Airshow have said the event will not be impacted by plans to develop part of the exhibition space into a film set. 

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Credit: Ampaire

Hybrid-electric pioneer Ampaire plans to conduct the UK’s first electric regional flight following a successful bid for funding support under the government’s £125 million ($174 million) Future Flight Challenge.

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Credit: Krasnoyarsk International Airport

Aeroflot Group has confirmed that a planned regional hub in Krasnoyarsk, located in the Siberia region of Russia, will open in June.

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Credit: China Airlines

The board of China Airlines has promoted SVP Kao Shing-Hwang to president, replacing Hsieh Su-Chien who has been double-hatting as chairman and president since April 2019. 

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Credit: TsAGI

MOSCOW—Designers of the Russo-Chinese CR929 widebody passenger airliner continue to fine-tune the aircraft configuration. 

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Credit: Nigel Howarth / Aviation Week

AirAsia Group has raised MYR336.5 million ($82 million) following the completion of a two-tiered private share placement, part of a broader plan to raise MYR2-2.5 billion to save the struggling LCC operator which has been battered by the pandemic. 

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