February 26, 2021

Australia is first Asia-Pacific region to lift ban on Boeing 737 MAX

Australia’s Civil Aviation Safety Authority (CASA) has lifted the temporary suspension on Boeing 737 MAX aircraft operating to or from Australia. While no Australian airlines currently operate the Boeing 737 MAX, two foreign airlines flew these aircraft types to Australia before the COVID-19 pandemic – Singapore-based SilkAir (now Singapore Airlines) and Fiji Airways. Both the …

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Qantas prepares to resume international flights from late October

Airlines & Routes

Qantas and Jetstar are planning to restart regular international passenger flights to most destinations from October 31, 2021 – a four-month extension from the previous estimate of July, which had been in place since mid-2020. The date change aligns with the expected timeframe for Australia’s COVID-19 vaccine rollout to be effectively complete. Capacity will be …

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Fly Leasing reports fourth quarter net loss of US$107.0 million

Financial

Fly Leasing (FLY) is reporting a net loss of US$107.0 million for the fourth quarter of 2020. This compares to net income of US$75.2 million for the same period in 2019. The decrease in net income is primarily due to flight equipment impairment of US$115.0 million. Net loss for the year ended December 31, 2020 …

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IAG Cargo reports strong financial results for 2020

Financial

IAG Cargo has reported its 2020 full-year results, reporting commercial revenues of €1,306 million over the period from January 1 to December 31, 2020, an increase of 18.5% on 2019 at constant currency.  Overall yields for the year were up 94.6% on the same time last year at constant currency. Sold tons were down 34.9%. IAG’s top priority was …

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StandardAero signs multiple long-term agreements to perform component MRO services for Honeywell accessories and LRUs

Uncategorized

StandardAero signs multiple long-term agreements to perform component MRO services for Honeywell accessories and LRUs StandardAero Component Services has signed multiple, long-term distribution and license agreements with Honeywell Aerospace, authorizing the company to perform OEM-approved repairs on Honeywell hydromechanical units and fuel controls as well as a large portfolio of Honeywell pneumatic valves, actuators, regulators, …

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Munich Airport working towards climate neutrality

Other News

ACI EUROPE, the association of the European airport industry, together with other leading European aviation associations have presented a strategy paper to the European Commission in Brussels, detailing the route by which all system partners – from airports and airlines through aerospace manufacturers all the way through to air traffic controllers – can work collectively …

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West Star Aviation acquires additional hangar space at Chattanooga facility for enhanced Embraer program

MRO & Production

West Star Aviation has acquired additional hangar space at its Chattanooga, TN (CHA) facility. The additional space will accommodate the growth of the Embraer program while being able to accommodate additional customers with their maintenance and scheduling needs. The Chattanooga location is a one-stop shop for Embraer maintenance, as well as being the only OEM-authorized …

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