Aviation Daily Roundup: May 7, 2021

May 10, 2021

Most Europeans ‘Willing To Travel’ This Summer

Credit: Koen Van Weel / ANP / AFP / Getty Images



Most Europeans are willing to travel by the end of August, demonstrating the “significant amount of pent-up demand which has accumulated following months of travel restrictions,” a new report has found.



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Credit: Morgan Stanley
UA

SWISS Announces Major Downsizing Of Fleet, Workforce

Credit: Christian Ender / Getty Images



Swiss International Airlines is confronting the greatest challenge in its corporate history as management concluded that a significant restructuring of its business is unavoidable.



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Flydubai Expands Russian Network To 11 Destinations

Credit: Giuseppe Cacace / AFP / Getty Images



Flydubai has announced it is growing its network in Russia to 11 points.



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JAL Looks To Target New Chinese Routes With LCC Spring Japan


Japan Airlines has revealed more detail on how it plans to prepare for the post-pandemic environment by strengthening its LCC portfolio while scaling back its widebody mainline fleet.



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IAG Eyes Return To 12-15% Operating Margin By 2024

Credit: IAG



International Airlines Group is confident that it can restore its operating margin over the next three years as it gets ready to cautiously ramp up flying.



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Air Canada Keeps Possibility Alive Of Adding A321LRs To Its Fleet

Credit: Airbus



Although Air Canada’s major priority remains lobbying to reopen Canadian borders and restore passenger demand, the airline is taking its time to evaluate longer-term fleet composition, which could include adding the Airbus A321LR. 



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IAG Fleet To Grow By 15 Aircraft In 2021

Credit: British Airways



International Airlines Group is preparing to receive another 15 aircraft this year, giving it greater flexibility to respond to changing demand.



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Daily Memo: Spring Cleaning Means Getting Rid Of Inventory, Finding Pennies

Credit: Bruce Bennett/Getty Images



In Western aerospace manufacturing, it is becoming increasingly clear through first-quarter financial reports that a recovery is still a midterm prospect, and OEMs and suppliers face numerous overhangs.



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IAG fleet to grow by 15 aircraft in 2021, JAL looks to target new Chinese routes with LCC Spring Japan, most Europeans ‘willing to travel’ this summer, and more. Take a look at the daily roundup of air transport news.

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