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Aviation Daily, March 21, 2024 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Magazine Issue

Aviation Daily, March 21, 2024

VOL. 435 NO. 56 March 21, 2024

Airframers/Suppliers

Spirit Aerosystems

Boeing Serious About Buying Spirit Aero; Cuts Financial Expectations

Mar 20, 2024

CFO Brian West told a Bank of America investor conference that Boeing would buy back Spirit using cash and debt; Boeing ended 2023 with almost $16 billion.

The Daily Memo

Airbus ZeroE

Daily Memo: EASA Creates Certification Readiness Level Concept

Mar 20, 2024

Measuring the maturity of a technology before it actually enters the complex and thorny certification pipeline may be decisive for a swift implementation.

Suppliers

GKN Steps Up Production For CFM Leap

Mar 19, 2024

Tier 1 aerostructures supplier GKN Aerospace is expanding production of key Leap 1 components.

Advanced Air Mobility

Study: Grid Upgrades Needed To Support eVTOLs

Mar 18, 2024

Charging for electric vertical-takeoff-and-landing air taxis could increase electrical demand at vertiport sites by six-seven times.

Regulatory/Legislative

Amsterdam Airport Schiphol

European Politicians Agree SES2+ Does Not Go Far Enough

Mar 20, 2024

The provisional agreement on Single European Sky (SES) reform is being described as a “complete failure” and heavily watered down.

Airlines

Air France-KLM tails

Air France-KLM Seeks Action On Russian Overflight

Mar 20, 2024

Air France-KLM CEO Benjamin Smith wants airlines that overfly Russia to be banned from landing in Europe.

Jetsmart Airbus A320

JetSmart, LATAM See ULCC Potential In South America

Mar 19, 2024

The remarks come after Colombia’s two ULCCs—Ultra Air and Viva—ceased operations in 2023.

Easyjet

EasyJet To Calculate Route-By-Route Wasted Emissions

Mar 20, 2024

UK-based LCC easyJet is planning to push for more ambitious action on the Single European Sky (SES) reforms.

Pacific Airlines

Vietnam’s Pacific Airlines Halts Operations In Competitive Market

Mar 19, 2024

Vietnam Airlines’ low-cost subsidiary Pacific Airlines, previously known as Jetstar Pacific, has suspended commercial service.

Airframers

Spirit Aerosystems

Boeing Signals Extended Stretch Of Reduced 737 Production

Mar 20, 2024

The company is working on changing long-established priorities that valued speed over quality.

Industry Data

Passenger Aircraft Utilization January 2019-February 2024

Mar 20, 2024

Global passenger aircraft utilization in February 2024 was up 19% year-over-year.

Air Cargo Utilization January 2019-February 2024

Mar 20, 2024

Cargo hourly utilization in February 2024 was up 11% year-over-year.