Aviation Daily Roundup: September 7, 2021

Daily Memo: Intense Competitive Landscape Awaits Avianca On Exit From Chapter 11

Avianca’s post-bankruptcy business plan rests on a leaner cost structure and fewer aircraft overall.

FAA Approves Certification Basis For Archer’s EVTOL

The startup is aiming for Part 23 type certification of its aircraft in late 2024.

Eurowings To Restore Pre-Crisis Capacity In 2022

Despite the surge in demand and strong leisure business over the summer, 2021 will still be “economically challenging,” according to Eurowings CEO Jens Bischof.

British Airways Forms SAF Partnership With Air BP

British Airways (BA) plans to acquire sustainable aviation fuel (SAF) from Air BP, giving passengers the option of contributing toward the additional cost.

Indonesia Targets 2023 Completion Date For Garuda Restructuring

Garuda Indonesia will be subsumed into a new state holding company once the national carrier’s debt restructuring is complete.

Gatwick CEO Criticizes UK Government Measures

Figures issued Sept. 6 by ACI Europe showed that on Aug. 1, passenger traffic through UK airports was still 72% below 2019 levels while EU airports were only down 43%.

Meggitt Goes To Parker-Hannifin, So What Does TransDigm Buy?

TransDigm Group is walking away from its preliminary $11 billion offer for Meggitt, leaving the latter to be acquired by Parker-Hannifin as agreed to in early August.

Wright Electric Tests Motor For Future Zero-Emissions Aircraft

The U.S. startup has teamed with UK-based LCC easyJet on the project to get direct airline input while it is still in the development phase.

British Airways have formed a SAF partnership with Air BP, Eurowings to restore pre-crisis capacity in 2022, Wright Electric tests motor for future zero-emissions aircraft and more. Take a look at the daily roundup of air transport news.

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