Aviation Daily Roundup: May 14, 2021

Credit: Rob Finlayson

Airline CEOs from the U.S. and the UK this week urged their governments to arrange a summit to “explore a path” to speed the reopening of transatlantic travel.

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Credit: Frontier Airlines

Frontier Airlines said it expects to return to profitability by the second half of 2021, driven by surging demand for domestic leisure travel this summer.

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Credit: Rob Finlayson

Most airlines have engaged in major fleet simplification during the coronavirus pandemic as demand remains depressed in some regions of the world. 

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Credit: SmartLynx

Wet-lease specialist SmartLynx Airlines Malta is planning to take five Airbus A330s—which will initially be used for cargo operations—marking the company’s first long-haul aircraft.

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Credit: Rob Finlayson

Korean Air is continuing to achieve quarterly operating profits, mainly attributable to its surging cargo operations offsetting lost passenger revenue.

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Credit: Rob Finlayson

India’s GoAir is preparing to issue shares in the carrier through an initial public offering (IPO) while also seeking to rebrand itself.

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Credit: Starlux Airlines

Taiwan’s Starlux Airlines has started service on the Taipei (TPE)-Ho Chi Minh City (SGN) route and is eyeing flights to the U.S. 

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Credit: Kirill Kudryavtsev / AFP / Getty Images

MOSCOW—Russia’s Aeroflot Group has finally brought all of its subsidiary airlines to its home base, Moscow Sheremetyevo International, as part of efforts to optimize its network. 

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Credit: Joe Pries

French all-business-class carrier La Compagnie has secured an additional state-guaranteed loan of €10 million ($12 million) to help it overcome the COVID-19 crisis. 

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Credit: Miguel Medina / AFP / Getty Images

The European Commission (EC) has given the green light for Alitalia to receive another €12.8 million ($15.5 million) grant from the Italian government to compensate for the carrier’s January pandemic-related losses.

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Credit: Roslan Rahman / AFP / Getty Images

SINGAPORE—The planned launch of an air travel bubble (ATB) between Singapore (SIN) and Hong Kong (HKG) looks likely to be postponed again after Singapore tightened social interaction restrictions in response to new COVID-19 clusters that have emerged over recent weeks.

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Credit: Urban-Air Port

Urban-Air Port has signed up partners for its UK government-supported demonstration of a ground and air infrastructure for air taxis, logistics drones and electric vehicles.

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