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Magazine Issue

Aviation Daily, March 18, 2021

VOL. 423 NO. 52 March 18, 2021
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Airlines

Frankfurt Airport
article

Airlines Received $215B In State Aid, IATA Says

Mar 17, 2021
A year after the coronavirus pandemic forced airlines to shut down much of their operations, governments have pumped $215 billion in financial support into the sector, according to IATA. 
aircraft
article

U.S. Airlines Recalled 26K Employees After PSP Extension

Mar 17, 2021
U.S. passenger airlines recalled approximately 26,000 full-time employees after Congress extended the payroll support program (PSP) in December 2020, new data from the Bureau of Transportation Statistics (BTS) reveals.
Sun Country 737-800
article

Sun Country Raises $218M From Nasdaq IPO

Mar 17, 2021
Sun Country Airlines raised $218 million from its initial public offering (IPO) on the Nasdaq, as investors bet on a rebound in leisure travel demand.
Wizz Air A321XLR
article

Wizz Air’s Largest Shareholder Indigo Partners Halves Stake

Mar 16, 2021
U.S.-based low-cost airline investor Indigo Partners has sold half of its remaining shares in Wizz Air.
Virgin
article

Virgin Atlantic Boosts Balance Sheet Again

Mar 16, 2021
Virgin Atlantic has taken a further step to bolster its liquidity as it awaits the hoped-for return of passengers later this year. 

The Daily Memo

ATR 72-600 over mountains
article

Daily Memo: ATR Plans For Slow Rebound After Depressed Demand

Mar 17, 2021
ATR’s earlier hopes that regional turboprops would spearhead the recovery have yet to materialize, and management now only expects a slight upturn this year on the extremely slow sales it reported for 2020.

Regulatory/Legislative

Dublin Airport travelers
article

European Commission Proposes COVID-19 Digital Pass

Mar 17, 2021
The European Commission (EC) has put forward a plan for a Digital Green Certificate to provide proof of a passenger’s COVID-19 health status, with the aim of facilitating a travel recovery within the EU.  
Finnair Airbus A330-300
article

European Commission Approves Finnair Aid

Mar 17, 2021
The European Commission (EC) has approved a state loan to another European flag-carrier as a result of the coronavirus pandemic wreaking havoc on airline finances.
Azman Air takeoff
article

Nigerian Regulator Grounds Azman Air For Safety Review

Mar 16, 2021
Privately owned Nigerian carrier Azman Air has suspended operations pending a safety audit, just as it was about to introduce its first Airbus A340-600.
Air France Airbus A319
article

French MPs Green Light Climate Law Limiting Airports, Domestic Flights

Mar 16, 2021
France’s parliament has given the go-ahead for clauses aimed at limiting airport development and domestic flights on routes for which a rail alternative of 2.5 hours or under exists. 

Lessors

HERA
article

British Lessor To Help Fund New Hybrid Electric Regional Airliner

Mar 17, 2021
UK lessor Falko Regional Aircraft is to participate in the development of Electric Aviation Group’s (EAG) hybrid-powered regional airliner.

Industry Data