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Magazine Issue

Aviation Daily, February 26, 2021

VOL. 423 NO. 38 February 26, 2021
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Regulatory/Legislative

article

FAA Blasts Boeing’s Commercial Operation For Ongoing Noncompliance

Feb 25, 2021
Boeing failed to meet its obligations in five of 12 areas specified in a 2015 agreement with the FAA that required various safety and quality-control improvements in its Commercial Airplanes division and will pay $5.4 million in new penalties as a result, the FAA said Feb. 25. 
Delta Air Lines sunset
article

U.S., Canada Vow To Cooperate On Aviation Climate Issues

Feb 25, 2021
Senior transportation officials from the U.S. and Canada vowed to “reinvigorate” collaboration on decarbonizing aviation, part of a shared commitment to build back from the COVID-19 pandemic in an environmentally sustainable manner.
aircraft
article

EU Politicians Warm To Destination 2050 Eco Plan

Feb 25, 2021
Several EU policymakers have acknowledged the European aviation industry’s Destination 2050 carbon-neutral roadmap as a step in the right direction—but still just a starting point.

The Daily Memo

article

Daily Memo: Safran Weathering, Adapting To Crises

Feb 25, 2021
The company, which specializes in engines, cabin interiors and other aircraft equipment, released remarkable financial results, given the gloomy economic situation for the air transport industry.

Airlines

EZY
article

EasyJet To Raise $1.5B From Bond As Recovery Comes Into View

Feb 25, 2021
EasyJet said it would raise €1.2 billion ($1.5 billion) from a bond issue, in a sign of optimism about the prospects for a recovery of the air transport sector over the coming months.  
TG
article

Thai Airways Sinks To Record $4.7B Loss, Faces Being Delisted

Feb 25, 2021
Tourism-dependent Thai Airways has reported a record loss of THB141 billion ($4.7 billion) for 2020 after the sector collapsed following COVID-19-related border closures.
Qantas
article

Qantas Targets October Relaunch For 22 International Routes

Feb 25, 2021
Qantas expects to reopen almost all of its international routes by late October, although they will be operated by smaller widebodies as its Airbus A380s will remain parked.
CSA Czech Airlines Boeing 737-800
article

Czech Airlines Faces Uncertain Future Amid Looming Layoffs

Feb 25, 2021
CSA Czech Airlines plans to lay off all its remaining 430 staff, according to multiple media reports from the Central European nation. 

Technology

Archer
article

Archer’s First UAM Network To Serve United Airlines Hub At LAX

Feb 24, 2021
Hard on the heels of its billion-dollar investment deal, urban air mobility startup Archer has committed to launch its first air-taxi network in Los Angeles by 2024.

Industry Data