Daily Memo: Europe’s LCCs Look To Future Market Shifts
As the industry starts to look beyond the immediate crisis to the beginnings of a “new normal,” the players with the clout to do so will be mapping out acquisition opportunities.
Court Sets March Deadline For AirAsia X Restructuring Deal
Malaysia’s High Court has granted AirAsia X an extension until March 17, 2022 to gain approval from creditors for its restructuring plan.
Formal Bids Submitted For Air India Sale
The Indian government has confirmed it has received bids to take over Air India, marking a major step in the privatization process of the state-owned flag carrier.
Ryanair Starts Forced Sale Of UK-Held Shares
Ireland-based ULCC Ryanair has started the process to force the sale of certain shares held by UK citizens in breach of EU law.
American Airlines Invests In GOL, Deepening Codeshare Partnership
American Airlines is to buy a minority stake in Brazil’s GOL as it seeks to better compete against Delta Air Lines and its regional partner LATAM.
The first batch of Commercial Aircraft Corporation of China (COMAC) C919 narrowbody aircraft destined for China Eastern Airlines is expected to enter final assembly, according to regulators from the East China Regional Administration of the Civil Aviation Administration of China (CAAC).
Heathrow Appeals For Easing Of COVID-19 Restrictions
London Heathrow Airport has appealed to the UK government’s UK Global Travel taskforce to lift or ease the complex and confusing thicket of regulations that is stifling passenger activity at the London hub.
Indigo To Take Five More ATR 72-600s
Indian LCC Indigo is taking five ATR 72-600s on lease from Falko Regional Aircraft, as the airline pushes ahead with its regional network expansion.
KLM Seeks Awareness Of Flight Crew Unvaccinated Status
KLM is drawing up lists of flight personnel—both pilots and cabin crew—who have not been vaccinated against COVID-19, in order to enable the increasingly complex task of juggling duty rosters.
Five Lufthansa Group Airlines Sign NDC Agreement With Travelport
Under the agreement, Travelport-connected travel agencies will be able to access Lufthansa Group airlines’ NDC content through the Travelport+ retail platform.
Beta Technologies Selects CAE For EVTOL Training
Beta Technologies has selected Canada’s CAE to develop the pilot and maintenance training program for the Alia electric vertical-takeoff-and-landing aircraft.
Southwest President Steps Down During Leadership Change
Southwest Airlines President Tom Nealon has retired from leading the company just a few months after being passed over to replace outgoing CEO Gary Kelly.
Canada’s Sunwing Returning To Cuba In October
Sunwing served Cuba starting in 2005, but the Toronto-based airline dropped flights to the country because of the COVID-19 pandemic.
Archer To List Publicly After SPAC Shareholder Vote
Shareholders in Atlas Crest Investment approved the blank-check company’s reverse merger with urban air mobility startup Archer Aviation in a Sept. 14 vote.
Heathrow has appealed for the lifting of COVID-19 restrictions, a formal bid has been submitted for the sale of Air India, European LCCs are looking for acquisition opportunities as the future market shifts and more. Take a look at the daily roundup of air transport news.
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