Aviation Daily Roundup: May 14, 2021
May 17, 2021
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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