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Magazine Issue

Aviation Daily, January 6, 2021

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Cargo

Amazon PrimeAir
article

Amazon Buys 11 Boeing 767s From Delta, WestJet

Jan 05, 2021
Amazon has purchased 11 used Boeing 767s from Delta Air Lines and WestJet, as the online retailer looks to expand the size of its cargo operation to accommodate surging e-commerce and global freight demand.

The Daily Memo

Spirit Aerosystems assembly floor
article

Daily Memo: Why Don’t We See A Flood Of A&D Bankruptcies?

Jan 05, 2021
As far as positive signs go in 2020, a relative bright spot was the dearth of bankruptcies and clear exits from the aerospace and defense sector by small and medium-sized suppliers. 

Regulatory/Legislative

aircraft
article

France Plans Recapitalization For Air France-KLM, Transport Minister Says

Jan 04, 2021
France plans a recapitalization for Air France-KLM to help it face up to the post-COVID-19 operating environment, transport minister Jean-Baptiste Djebbari said Jan. 3. 
Qatar
article

Restrictions On Qatar Airways Set To Ease As Gulf Neighbors Lift Blockade

Jan 05, 2021
The blockade imposed on the State of Qatar and consequently its flag-carrier Qatar Airways by neighbors including Saudi Arabia and the UAE has been lifted. 

MRO

airline mechanics inspecting engine
article

Omnibus Bill Mandates U.S. Part 147 Update By April

Jan 05, 2021
Industry’s push to get revised training standards for U.S. mechanic educational programs received a boost in the recent stimulus bill, as Congress included language that calls on the FAA to issue a new rule by midyear. 

Technology

EMEC
article

UK Joins In Funding ZeroAvia’s Hydrogen Fuel-Cell 19-Seater Plans

Dec 16, 2020
Startup ZeroAvia has raised $37.7 million in funding to develop a zero-emission hydrogen fuel-cell propulsion system to power 19-seat regional airliners. 

Airlines

Alitalia
article

European Commission Green Lights State Support For Alitalia

Jan 04, 2021
The European Commission (EC) has approved €73 million ($90 million) in Italian state support awarded to Alitalia to help the airline offset losses…
Vietnam
article

Vietnam Airlines Board Approves Share Issuance, Names New CEO

Jan 05, 2021
The board of Vietnam Airlines has approved a proposal for the flag carrier to issue VND8 trillion ($346 million) worth of new shares to tide it over for 2021.

Airframers

Overture
article

Boom Selects Amazon Cloud Computing For Supersonic Design

Dec 01, 2020
Supersonic aircraft developer Boom Technology has said it is using Amazon Web Services (AWS), including the company’s cloud-based high-performance computing (HPC) capability, to accelerate the design and construction of the XB-1 demonstrator and the follow-on Overture airliner.

Lessors

Rendering of A330P2F
article

CDB Aviation Plans Conservative Freighter Strategy

Dec 23, 2020
CDB Aviation’s foray into freighter conversions with partner EFW is not likely to grow beyond the Airbus A330 platform, but CEO Pat Hannigan is leaving the door cracked. 

Industry Data