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Magazine Issue

Aviation Daily, February 28, 2022

VOL. 427 NO. 39 February 26, 2022

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MRO

Engine Aftermarket Activity Ramp-Up Continues, Suppliers Say

Feb 25, 2022

Engine maintenance activity continues to increase as airlines ramp up flying and return more aircraft to service in response to rising passenger demand, with both fourth-quarter (Q4) 2021 and early 2022 figures from some key stakeholders highlighting continued recovery.

SIA Engineering Maintains Profit, Adds New Leap 1 Capabilities

Feb 22, 2022

Backed by a rebound in line maintenance business at Changi Airport, SIA Engineering Company (SIAEC) posted a net profit of S$33.2 million ($24.5 million) for the third quarter of its 2021/2022 fiscal year.

The Daily Memo

Daily Memo: Frontier, Spirit CEOs Think Higher Oil Could Boost ULCCs

Feb 25, 2022

Higher fuel costs could widen the cost advantage ULCCs enjoy over legacy airlines, allowing them to more quickly achieve profitability coming out of the COVID-19 pandemic, Spirit Airlines CEO suggests.

Airframers

An-225 Status Unclear After Two Days Of Attacks

Feb 25, 2022

Ukrainian aircraft manufacturer Antonov said on Feb. 25 that the current status of the An-225 Mriya is unknown after more than 30 hr. of fighting at its home airport.

Regulatory/Legislative

Russia Bans UK Flights After Aeroflot Barred From Heathrow

Feb 25, 2022

The restrictions come after the UK imposed a ban on Russian aircraft as part of sanctions introduced following Moscow’s invasion of Ukraine.

Airlines

IAG To Make ‘Significant Profit’ In 2022, CEO Gallego Says

Feb 25, 2022

International Airlines Group plans to resume substantial investments in fleet upgrades now that the company expects to return to significant profits in 2022.

Qantas Sees Improving Demand After Omicron Setback

Feb 24, 2022

Qantas reports promising demand trends as its domestic network recovers from the latest COVID-19 wave and international services ramp up after reopening in November 2021.

ITA Adds Three Routes, Secures Argentina Permission

Feb 23, 2022

Three routes targeting business traffic will begin in March using leased E190s, while authorization has been secured for service to Buenos Aires.

Delta Suspends Aeroflot Codeshare Over Russia Invasion Of Ukraine

Feb 25, 2022

Delta Air Lines has suspended its codeshare with Aeroflot, as Russia’s invasion of Ukraine continues to escalate.

Russia’s S7 Airlines Cancels All Flights To Europe

Feb 25, 2022

Russian carrier S7 Airlines canceled all its flights to Europe after Poland and Czech Republic closed their airspace for Russian airlines starting midnight Feb. 26 in response to Moscow’s invasion of Ukraine.

Virgin Atlantic, Neste, ExxonMobil Sign SAF Deal

Feb 09, 2022

UK long-haul carrier Virgin Atlantic has agreed to take 2.5 million liters (660,000 gal.) of sustainable aviation fuel (SAF) from Neste, marking the airline’s first commercial SAF commitment.

Yemenia Restores Widebody Services After A330 Arrival

Feb 09, 2022

Yemenia has returned to the widebody sector of the airline market with the arrival of an Airbus A330-200.

Volotea Anticipating Record Bounce-Back As Pandemic Fifth Wave Ebbs

Feb 10, 2022

Spanish LCC Volotea believes that 2022 will see the airline significantly improving on its pre-pandemic passenger figures.

Airports

Airports Body ACI Cautiously Optimistic For 2022

Feb 25, 2022

The world’s airport sector continues to believe that aviation traffic levels will potentially return to 2019 levels “within the next two to three years,” the industry’s representative body said Feb. 24.

Market Sector

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Aviation Daily, February 28, 2022