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Aviation Daily, May 5, 2021 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Airlines

PCR tests
article

IATA Pushes Back Against High PCR Test Costs

May 04, 2021
IATA Director General Willie Walsh sharply criticized governments for the “incredible variation” and generally high cost of polymerase chain reaction (PCR) testing. 
Norwegian Airlines Boeing 737-800
article

Norwegian Air Shuttle Details Recapitalization Process

May 04, 2021
ULCC Norwegian has announced the terms under which it aims to recapitalize itself to the tune of NOK 6 billion ($723 million).
Aeromexico MAX
article

Aeromexico Gains Needed Approvals To Adjust Its Boeing Orderbook

May 04, 2021
Aeromexico has garnered bankruptcy court approval to restructure its orderbook with Boeing and other entities to forge significant cost savings
Flydubai 737 MAX 8
article

Flydubai Laments Grounded MAX Fleet During Pandemic

May 03, 2021
UAE-based LCC flydubai “remains well-positioned” to emerge from the coronavirus pandemic, the airline said as it announced its annual results for 2020 on May 2.
Malaysia Airlines Airbus A380
article

Malaysia Airlines Targets A380 Exit, New Aircraft Orders

May 04, 2021
Malaysia Airlines said it will phase out all its Airbus A380s in 2021 as part of its revised fleet plan, with medium-term plans to place new widebody orders to replace ageing aircraft.
Lufthansa tail
article

Lufthansa Gets Shareholder Approval For Large Capital Increase

May 04, 2021
Lufthansa’s shareholders cleared the way for the airline to raise substantial funds through a capital increase, supporting the airline’s efforts to repay government aid before interest rates on loans and participations rise steeply.

The Daily Memo

AMS
article

Daily Memo: Europe’s Airlines Hope For A Summer Worth Waiting For

May 04, 2021
Recent weeks had seen European airlines sounding increasingly gloomy about the prospects for the summer season recovery, the thought of which likely kept many executives going over the lean COVID-hit winter months.

Regulatory/Legislative

Singapore A350
article

Industry Calls For More Aggressive Travel-Corridor Efforts

May 04, 2021
A broad coalition of manufacturers, trade groups and travel organizations are pushing U.S. and UK leaders to re-open travel links between the two countries, while moves by pharmaceutical manufacturers to boost vaccine distribution are being lauded as much-needed steps to jump-start global air travel demand. 
BRU
article

EU Set To Allow Vaccinated Travelers In, Suggests ‘Emergency Brake’

May 04, 2021
The European Commission has said its member states should ease restrictions on non-essential travel into the European Union to take account of COVID-19 vaccination campaigns, but advised adding an “emergency brake” mechanism to counter the threat of new variants.

Industry Data