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Magazine Issue

Aviation Daily, March 1, 2021

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Airlines

United Boeing 787-9
article

United Airlines To Pay $49M To Resolve Mail Fraud Claims

Feb 26, 2021
United Airlines will pay the U.S. Justice Department (DOJ) $49 million to resolve criminal charges and civil claims stemming from fraud related to its mail-delivery contracts with the U.S. Postal Service (USPS).
Norwegian 787-9
article

Norwegian’s Final Fate To Be Decided In Second Quarter

Feb 26, 2021
Norwegian has posted a NOK23 billion ($2.7 billion) net loss for 2020, with bankruptcy or liquidation “highly likely” in the 2021 second quarter if several conditions are not met.
Air
article

Air New Zealand Slows Cash Drain After Cost Cuts

Feb 25, 2021
Air New Zealand has slashed its cash burn by more than half compared to the early stages of the COVID-19 crisis thanks to its cost-cutting efforts.
Delta Air Lines passenger at gate
article

U.S. Airlines Operated 36% Fewer Flights In 2020

Feb 26, 2021
The number of flights operated by U.S. carriers declined to the lowest level on record in 2020, new data from the Bureau of Transportation Statistics (BTS) shows, reflecting the devastating impact of the COVID-19 pandemic on demand for air travel.
IAG
article

IAG Sees Long-Haul Outperforming International Short-Haul Flying

Feb 26, 2021
International Airlines Group (IAG) has seen growing revenue contributions from its long-haul business since July 2020 with the segment now contributing the majority of passenger revenues.
Aer Lingus
article

International Airlines Group Appoints New Aer Lingus CEO

Feb 25, 2021
International Airlines Group (IAG) has appointed the chief executive and chairman of IAG Cargo, Lynne Embleton, as CEO of Aer Lingus.

The Daily Memo

Boeing Everett Factory
article

Daily Memo: Does Boeing Need New Leadership Sooner Rather Than Later?

Feb 26, 2021
The hits keep on coming for Boeing.

Regulatory/Legislative

737 MAX engine
article

FAA Targets 2025 For Changed Product Rule Update

Feb 26, 2021
The FAA has set the end of 2025 as its target for updating the changed product rule, issuing revised guidance on determining pilot reaction times when evaluating failure scenarios, and developing a process to ensure its engineers know when manufacturers change system safety assessments during product certification. 

Suppliers

B52
article

In Bittersweet Development, Spirit AeroSystems Sees Defense Surge

Feb 25, 2021
Spirit AeroSystems is growing the defense part of its revenue streams faster than expected, which is mildly helping to offset lost work in making airliners, the company’s CEO said Feb. 23.

Industry Data

Calendar