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Aviation Daily Roundup: Mar. 23, 2021

March 24, 2021

U.S. Aviation Groups Press For Travel Recovery Roadmap

Credit: Spencer Platt/Getty Images

A cross-section of groups from across the U.S. aviation industry called on the Biden administration to develop a risk-based roadmap for rescinding international travel restrictions by May 1.

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IAG Gains Access To $1.8B Credit Facility With Syndicate Of Banks

Credit: Rob Finlayson

International Airlines Group (IAG) said it had signed a revolving credit facility with a syndicate of banks for a total available amount of $1.755 billion. 

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Daily Memo: Boeing’s -5X Project A Must-Win For Engine OEMs

Credit: Rolls-Royce

As Boeing is quietly beginning to work on what is now being called the -5X project—a small widebody aircraft derived from the new mid-market airplane (NMA) studies—things are getting serious for the three engine OEMs, too. 

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Sweden To Introduce Emissions-Based Airport Charges

Credit: Johan Nilsson/AFP/Getty Images

Sweden’s government plans to introduce measures that will see aircraft landing fees based on the amount of greenhouse gas emissions they produce. The new measures will apply to the Nordic nation’s two main airports, Stockholm Arlanda and Gothenburg Landvetter. 

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Tighter Travel Restrictions Disrupt Philippine Air Services

Credit: Rob Finlayson

Airlines in the Philippines are canceling many domestic and international flights amid new government-imposed travel restrictions impacting major metropolitan areas.

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Norway Bans Sale Of Rolls-Royce Unit; Avinor Plans Innovation Hub

Credit: Matthew Horwood / Getty Images

The Norwegian government has prohibited the sale of Rolls-Royce’s marine powerplant division Bergen Engines to the international arm of a Russian company.

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EgyptAir Banking On State Aid; Eyes African Expansion

Credit: KHALED DESOUKI/AFP via Getty Images

EgyptAir’s CEO said the airline plans to seek a loan of between EGP5-7 billion ($317-445 million) from the Egyptian government this year.

Read the full article

French Light Aircraft Startup Plans Electric 19-Seater

Credit: Aura Aero

A new French manufacturer has announced its intention to develop an electric 19-seat regional and freighter aircraft with early funding support from regional governments as part of post-pandemic recovery plans for the country’s aviation industry.

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As U.S. Aviation groups press for travel recovery roadmap, tighter travel restrictions disrupt Philippine air services. Take a look at the daily roundup of air transport news. 

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