Aviation Daily Roundup: May 20, 2021

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. 

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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.  

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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).

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Volaris Second Quarter Outlook Brightens

Credit: Rob Finlayson

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. 

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American Airlines Eyes New Zealand Restart

Credit: Nigel Howarth / Aviation Week

Christchurch Airport (CHC) has confirmed that American Airlines intends to push ahead with its plans to serve the city—providing travel restrictions allow that.

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EasyJet Preparing For Summer Capacity Ramp-Up

Credit: EasyJet

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).

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Virgin Australia Adds More Domestic Flights, Staff

Credit: Rob Finlayson

Virgin Australia is planning to expand its domestic network and increase its staffing levels to meet rising demand for flights within Australia.

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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. 

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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). 

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Surging Domestic Market Boosts Qantas Cashflow

Credit: Rob Finlayson

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. 

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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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