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Aviation Daily Roundup: May 14, 2021

May 17, 2021

Transatlantic Carriers Urge U.S., UK To Ease Travel Restrictions

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.

Read the full article

Frontier Airlines Sees Return To Profitability In Second Half

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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Daily Memo: Azul More Confident Than Ever Its Diverse Fleet Is A Competitive Differentiator

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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SmartLynx To Acquire Five A330s For Long-Haul Debut, Cargo Operations

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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Cargo Business Drives Operating Profit For Korean Air

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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Indian LCC GoAir Looks To Raise Money Through IPO

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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Starlux Launches Taipei-Ho Chi Minh City Route, Eyes U.S. Service

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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Aeroflot Gathers Subsidiary Airlines At Moscow Hub

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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La Compagnie Eyes June Restart After Securing State-Backed Loan

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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EU Approves Fourth Pandemic Aid Package For Alitalia

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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Singapore-Hong Kong Travel Bubble Thwarted As Restrictions Tighten

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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UK’s First Urban Air Mobility Hub Takes Shape

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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As transatlantic carriers urge the U.S. and the UK to ease travel restrictions, Frontier Airlines sees a return to profitability in the second half of 2021 and cargo business drives operating profit for Korean Air. Take a look at the daily roundup of air transport news.

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