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Magazine Issue

Aviation Daily, December 19, 2024

VOL. 438 NO. 56 December 19, 2024
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Regulatory/Legislative

airplane over trees
article

European Commission Introduces Sustainability Label For Flights

Dec 18, 2024
The Flight Emissions Label aimed at giving passengers the chance to better assess the environmental impact of their flight is set to be operational in July 2025
Ronald Reagan Airport
article

Reagan National Airport Beyond-Perimeter Slot Awards Finalized

Dec 18, 2024
The U.S. DOT has finalized its selection of five U.S. airlines for new beyond-perimeter slots at Ronald Reagan Washington National Airport (DCA).
REX Boeing 737-800
article

Regulator Takes Legal Action Against Rex Over Financial Disclosures

Dec 11, 2024
Australian financial regulators are suing bankrupt airline Rex and four of its directors alleging the carrier filed misleading stock market financial updates.

The Daily Memo

Air Canada 737-8
article

Daily Memo: Air Canada Expands Narrowbody Reach At Its Vancouver Hub

Dec 18, 2024
Air Canada is touting all its hubs as key pillars of its ambitions to reach $21 billion in revenue in 2028, but Vancouver appears to be getting extra attention.

Sustainability

airplane over trees
article

UK Considering ETS Mitigation For Domestic Operators

Dec 10, 2024
The UK government has noted that the phase-out of free UK emissions trading system (ETS) allocations could disproportionately impact smaller operators.

Airlines

Breeze A220
article

Breeze Airways CEO Details Margin Growth, ULCC Outlook

Dec 18, 2024
Breeze Airways has now “passed the transition point where the revenues are higher than the expenses,” founder and CEO David Neeleman tells Aviation Week.
korean air a321neo
article

Korean Air Exercises Options For Six More Airbus A321neos

Dec 18, 2024
Korean Air has exercised options to acquire six more Airbus A321neos.
Passengers in the terminal at Hong Kong International Airport
article

Hong Kong-Taipei Reclaims Top Spot As World’s Busiest International Route

Dec 18, 2024
Seven of the top 10 busiest international airline routes in 2024 are in the Asia-Pacific region, with Hong Kong-Taipei reclaiming the top spot.
Air Belgium A330-900
article

Air Belgium Approved To Transfer Cargo Activities To New Owners

Dec 17, 2024
The transfer focuses exclusively on cargo operations and should allow for the preservation of part of the Air Belgium workforce.

Airports

Damascus Airport
article

Syrian Airports Reopen To Domestic Flights

Dec 18, 2024
The first flights to be operated at Syrian airports since the revolution that overthrew the Assad regime have taken place.
Lisbon Airport
article

Lisbon Airport Set For Significant Upgrades After Contract Award

Nov 28, 2024
Vinci Airports-owned ANA Aeroportos de Portugal has awarded a €233 million contract to modernize Lisbon Humberto Delgado Airport.
Bristol Airport sign
article

Bristol Airport Unveils 2040 Expansion Plan Amid Sale Talk

Nov 26, 2024
Bristol Airport has launched a consultation on its 2040 expansion plan, aiming to increase passenger capacity to 15 million annually.

MRO

Heico
article

Supply-Chain Struggles Persist, Heico Says

Dec 18, 2024
Speaking on a Q4 earnings call, Heico Flight Support Group President Eric Mendelson said his company continues to see “tremendous” supply chain challenges.
Johannes Bussmann
article

MTU Aero Engines Appoints Ex-LHT Leader Bussmann As CEO

Dec 18, 2024
Johannes Bussmann will become CEO of MTU Aero Engines in 2025 succeeding Lars Wagner.

Industry Data

generic aircraft A320 in the sunset
article

Industry 2025 Forecast: $1 Trillion Revenue, Over 5 Billion Passengers

Dec 18, 2024
IATA estimates $965 billion in revenue for the global airline industry in 2024; for 2025, revenues are forecast to exceed $1 trillion for the first time ever.