Daily Memo: Will The U.S. See A ULCC Share Battle?
Credit: Frontier Airlines
In the decade following the 9/11 terrorist attacks, U.S. LCCs like Southwest Airlines and JetBlue Airways were able to exploit their superior cost structures to grab up market share from network airlines.
Triumph Bullish On Narrowbody Recovery’s Prospects
Credit: Sean Gallup/Getty Images
Recovering passenger demand coupled with airlines’ push for more cost-efficient operations could soon drive narrowbody production rates past where they were before the 2020 downturn, Triumph Group President and CEO Dan Crowley said.
Aviation Coalition Urges Congress To Pass SAF Blender’s Tax Credit
Credit: Delta Air Lines
WASHINGTON—A coalition of several dozen aviation organizations showed strong support for a recently introduced bill that would establish a blender’s tax credit for sustainable aviation fuels (SAF).
Mexican ULCC Volaris is forecasting a better than expected cash generation performance in the second quarter as sales for its major markets continue to improve.
Christchurch Airport (CHC) has confirmed that American Airlines intends to push ahead with its plans to serve the city—providing travel restrictions allow that.
LONDON—UK LCC easyJet is preparing to increase capacity from June onwards, but flying will remain at around 15% of 2019 levels for the airline’s fiscal 2021 third quarter (Q3).
Financial Aid To German Airport Illegal, European Court Says
Credit: Ralph Orlowski/Getty Images
Lufthansa has won an appeal against the European Commission’s (EC) decision to approve German financial aid to Frankfurt Hahn Airport that benefited Irish ULCC Ryanair.
Singapore Airlines Manages Spending, Looks To New Deliveries
Credit: Chen Chuanren
SINGAPORE—Singapore Airlines (SIA) is expecting its fiscal 2021/2022 financials to improve from a record loss as the flag carrier stabilizes its monthly cash burn to around S$100-150 million ($75-$113 million).
Qantas predicts its domestic capacity will exceed pre-pandemic levels for the fiscal year beginning July 1, and the growth it has been seeing in this sector is driving improvements in some financial measures.
From easyJet preparing for the summer capacity ramp-up to Virgin Australia adding more domestic flights. Take a look at the daily roundup of air transport news.
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