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Aviation Daily, August 9, 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, August 9, 2024

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Airframers

Boeing 737 production line
article

New Boeing CEO Targets Renton As First Stop In Mission To Restore Trust

Aug 08, 2024
Kelly Ortberg’s first-day steps suggests he intends to prioritize building a stronger link between front-line workers who build and design Boeing’s products.

The Daily Memo

GKN Aerospace
article

Daily Memo: Next-Gen Supply Chain—Not The Usual Suspects?

Aug 08, 2024
What could the supply chain look like for the next generation of single-aisles?

Airlines

Alan Joyce
article

Qantas Slashes Bonuses For Former CEO Joyce, Management Team

Aug 08, 2024
Qantas' board has significantly cut incentive payments for former CEO Alan Joyce after a review criticized his management during the post-COVID recovery phase.
Frontier A321XLR
article

Frontier Airlines, Disappointed By Airbus A321XLR, Drops Model

Aug 08, 2024
Frontier Airlines dropped the Airbus A321XLR from its fleet plan because the aircraft’s performance fell short of the carrier’s expectations.
Copa Airlines 737-9
article

Copa Trims Capacity After Venezuelan Flight Suspension

Aug 08, 2024
Copa Airlines is trimming its capacity guidance for 2024 after cutting flights to Venezuela amid the country’s political turmoil.
PHA-ZE 100
article

Jekta, ZeroAvia Plan Hydrogen-Electric Variant Of PHA-ZE 100 Seaplane

Jul 22, 2024
Jekta has selected ZeroAvia to develop a hydrogen-electric, fuel-cell-powered version of its PHA-ZE 100 amphibian, originally designed to rely on batteries.
air france 787-9 contrails
article

European Airlines Voice Concerns About Contrail Monitoring, Reporting

Aug 05, 2024
European airlines including Lufthansa and easyJet have expressed doubts about plans for contrail monitoring and reporting.
Air Astana Airbus A321LR
article

Air Astana Group Grows Fleet With A321LRs

Jul 30, 2024
Air Astana Group has taken another step in its continuing expansion by signing an operating lease for seven Airbus A321LRs from Air Lease Corporation.
Velana International Airport
article

Following Presidential Pledge To Add Widebodies, Maldivian Leases A330

Jul 30, 2024
Indian Ocean carrier Maldivian plans to lease its first twin-aisle aircraft—an Airbus A330-200—from TrueNoord.
Wizz Air A320neo
article

Wizz Air Profits Slump From Foreign Exchange, GTF Grounding Headwinds

Aug 01, 2024
Wizz Air posted a dramatic drop in quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings.
beijing daxing airport
article

British Airways Suspends London-Beijing Flights Amid Airspace Challenges

Aug 08, 2024
Less than a month after Virgin Atlantic announced it would suspend its only service to mainland China, British Airways has also revealed plans to discontinue a route to the country.

Cargo

asiana cargo jet
article

Korean Air, Air Incheon Agree Sale Price For Asiana Freight Operation

Aug 08, 2024
Korean Air has reached an agreement with Air Incheon regarding the sale of Asiana’s cargo unit, which is expected to be split off after Korean takes over Asiana.

Industry Data

data-charts-graphs

Jet Fuel Price Index, Week Ending Aug. 2, 2024

Aug 08, 2024
The global average jet fuel price fell 3.1% last week to $95.65/bbl, compared to $98.68/bbl the previous week