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Magazine Issue

Aviation Daily, March 9, 2021

VOL. 423 NO. 45 March 09, 2021
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Airlines

American Airlines 737-800
article

American Airlines Plans $7.5B Debt Sale To Repay Treasury Loan

Mar 08, 2021
American Airlines announced plans to mortgage its frequent-flier program to pay off a $7.5 billion government loan accepted in 2020 as part of the CARES Act. 
Sun Country plane on tarmac
article

Sun Country Airlines To Raise Up To $240M Through Nasdaq Listing

Mar 08, 2021
The ULCC said it plans to use a portion of the funds raised from the share sale to pay off a $45 million loan accepted under the CARES Act in 2020.
Cebu
article

Cebu Pacific Bolsters Liquidity With $329M In New Bank Loans

Mar 05, 2021
Philippine carrier Cebu Pacific has signed a PHP16 billion ($329 million) 10-year loan facility with six domestic banks, just weeks after raising PHP12.5 billion through a rights issue that was finalized in February.
Ryanair Boeing 737-800
article

Ryanair, Cabin Crew Reach Agreement In Belgium

Mar 03, 2021
Ryanair and Belgian cabin crew union CNE/AVC PULS have reached a four-year collective labor agreement that trades salary cuts for job security.
aircraft
article

Condor Looks For More Money As Demand Recovery Is Delayed

Mar 08, 2021
German leisure carrier confirmed it is in talks for more financing, now that a return of demand appears to be delayed further. 

The Daily Memo

Westjet
article

Daily Memo: Is Long Awaited Relief Finally Coming For Canada’s Airlines?

Mar 08, 2021
Canadian airlines have been in limbo for a year as stringent travel restrictions and a lack of government aid have hindered what little recovery there could have been in market demand. 

Airframers

article

Dassault Scion Dies In Helicopter Crash

Mar 07, 2021
Olivier Dassault was the son of the late Serge Dassault and grandson of Marcel Dassault, who founded the French aviation firm before World War II. 
MA60
article

Chinese Officials Flag Challenges Faced By Domestic Regional Aircraft

Mar 08, 2021
Senior members of the Chinese civil aviation community have highlighted a series of challenges that the development of domestically built civil aircraft must contend with, ranging from airspace policies to economies of scale.
Auckland Airport generic plane
article

Oceania Retains Fundamental Demand Strength, Boeing Says

Mar 04, 2021
The Oceania region continues to have strong underlying demand factors that will help drive the rebound in traffic and aircraft deliveries in the post-pandemic period, according to Boeing’s latest forecasts.

Suppliers

article

Senior Sells Connecticut Operation To PCX For $74M

Mar 08, 2021
Privately held PCX Aerosystems, a Newington, Connecticut, aerospace supplier, will buy Senior Aerospace Connecticut (SAC) in Enfield from Tier 2 supplier Senior for $74 million. 

Industry Data