Norway’s Flyr Seeking New Equity; Norwegian To Take 13 737-800s
LCC Norwegian has signed letters of intent (LOIs) to lease up to 13 more Boeing 737-800NGs, while new local rival Flyr has announced a NOK250 million ($29 million) capital increase.
Spirit Airlines Puts Brakes On Aggressive Capacity Growth
The Florida-based ULCC said it has had particular problems hiring enough workers at Fort Lauderdale (FLL), its home base.
Cautious SIAEC Posts Profit Thanks To Wage Subsidies
The MRO has returned to profitability but results were again propped up by the wage subsidies provided by Singapore that have been in place since the start of the pandemic.
Sydney Airport Accepts Sweetened Purchase Offer
The Sydney Airport board has accepted a takeover bid from a consortium of investors after the prospective buyers raised their offer from previous unsuccessful attempts.
Capacity Cap Bumps Hans Airways Launch To Early 2022
UK-India startup Hans Airways has made substantial progress toward its air operator’s certificate (AOC), but its launch is being held up by a frequency cap on UK-India flights.
IAG Sees Little Threat From JetBlue’s London Flights
International Airlines Group (IAG) is not too concerned about JetBlue’s launch of transatlantic service to London, after concluding that capacity could remain lower in the market during 2022.
Japan Studies Hydrogen Aircraft, Ultra-Light Structures
Japan has launched two projects to develop technologies for next-generation commercial aircraft.
U.S. Reopens To Air Travel Arrivals From 33 Foreign Countries
The U.S. lifted a pandemic travel ban on foreign arrivals Nov. 8, paving the way for a meaningful restart of international air travel that will restore a large chunk of missing revenues for legacy airlines.
European Flights & In-Service Fleet: 7-Year Forecast (2021-2027)
The in-service European fleet should return to 2019 levels by the end of 2022. By 2027, the fleet will increase by 17% from where it stood in 2019.
Daily Memo: The High Costs Of Inadequate Safety Assessments
A series of errors contributed to the October 2019 overrun of a PenAir Saab 2000 at Alaska’s Unalaska Airport that killed one passenger.
Xiamen Air Signs $1.8B CFM Deal, Awaits New A321s
Xiamen Air has signed an engine purchase and support agreement with CFM International worth $1.8 billion at the 4th China International Import Expo.
Wright Partners To Define Electric-Powered BAe 146
Wright believes that by 2026 both hydrogen and aluminum fuel cells can meet its requirement for around 10 megawatt hours of energy storage on the BAe 146 to enable 1-hr. flights on routes of 400 nm or shorter.
IAG are not viewing JetBlue's transatlantic venture as threatening, the U.S. has reopened travel from 33 foreign countries, Xiamen Air signs $1.8B CFM deal, and more. Take a look at the daily roundup of air transport news.
Get regular analysis and insights from Aviation Week Network’s award-winning editorial and data teams on technology and business advances impacting the global aviation, aerospace and defense industries.
