Air Transport

FLYR, Norway completed NOK600m private placement in preparation for startup; four cornerstone investors included Nordea Investment Management (NOK60m)

European air traffic reached just a third of 2019 levels in the second week of February, as ongoing travel restrictions and national lockdowns kept a lid on demand, network manager Eurocontrol said in its latest update.

Charity UNICEF has launched an initiative with 16 airlines to ensure consignments of COVID-19 vaccine and other humanitarian supplies reach the areas where they are most needed.

The government of Singapore will pour another S$870 million ($657.5 million) into its aviation sector, in an effort to help the Singapore air hub edge out competition as the industry claws its way to recovery.

Air Senegal has reignited a long-standing ambition to start flying to the U.S. and hopes to launch its first route later this year.

Airlink is launching a fourth route to Namibia in the wake of the southwestern African country’s national carrier ceasing operations.

Two weeks after securing an air operator’s certificate (AOC), United Nigeria has begun commercial operations.

New leisure carrier Vietravel Airlines has begun operating seven domestic routes in Vietnam.

IATA is urging the Hong Kong government to allow exemptions from new crew quarantine rules as quickly as possible, highlighting the damage the requirements will cause to airlines.

The International Air Transport Association (IATA) is undergoing changing leadership globally and regionally. Alan Peaford reports on developments that will affect Africa.

Nigeria’s NG Eagle has received its first two Boeing 737-700 aircraft. The aircraft, from the fleet of Arik Air, were delivered to Lagos airport from Addis Ababa.

Slashed engineering spending, market coverage gaps and abandoned product developments are endangering Boeing Commercial Aircraft.

UK leisure carrier Jet2 has raised approximately £422 million ($585 million) to help weather further COVID-19 pandemic-related shutdowns.

Garuda Indonesia and Indonesia’s ministry of state-owned enterprises (BUMN) have moved to cut short a lease for 12 Bombardier CRJ1000 regional jets and return them to lessor Nordic Aviation Capital (NAC).

Ask the editors: Aviation Week forecasts that the vast majority of Boeing 767 aircraft in the fleet now will still be operating in 2030.

Africa’s primary hub carrier has decided to continue with the Boeing 737 MAX in spite of the March 2019 crash and subsequent grounding.

U.S. pilot unions are joining airlines and manufacturers in opposing a potential coronavirus test requirement for domestic U.S. airline passengers, though a mandate to move forward with the proposal does not seem imminent.