All Analysis – Page 17
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Analysis
From record profits to Covid-19 devastation, de Juniac saw it all as IATA chief
In 2016, Alexandre de Juniac brought his French government and airline industry experience to a role that required diplomacy and a steady hand on the tiller. From 2020 onwards, unprecedented crisis-management skills were the order of the day.
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Analysis
Crisis forces Vilnius airport operator to tear up new terminal contract
Crisis conditions in the air transport sector have forced a rethink on the construction of a new terminal at Lithuania’s gateway airport in the capital Vilnius. The airport operator is to re-tender for the work after agreeing with the current construction firm, Mitnija, to scrap the contract as a result ...
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Analysis
El Al remains financially burdened after year of heavy losses
El Al remained in a state of balance-sheet insolvency at the end of 2020, with total liabilities exceeding its total assets by $256 million. The airline’s current assets as of 31 December 2020 had fallen to $186 million from the previous end-of-year level of $486 million. But its current liabilities ...
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Analysis
LHT looks back on ‘leap of faith’ into the Philippines
Lufthansa Technik’s establishment of a maintenance site in Manila in 2000 was a central step for the German MRO provider to build up an international facility network and gain access to local customers, recalls the Philippine operation’s chief executive Elmar Lutter.
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Analysis
CFM56 overhaulers see light at end of tunnel
Maintenance companies are confident of a recovery in CFM International CFM56 overhaul shop visits after airlines sharply reduced engine MRO activities amid the pandemic.
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Analysis
What’s the strategic logic behind ‘surprise’ bomber flights?
US Air Force (USAF) bombers are touching down in new places. In February, for the first time in history, the Boeing B-1B Lancer bomber landed in India. Then, in March, the supersonic jet deployed for the first time from a Norwegian air base. Just this week the variable-sweep bomber landed in Poland for the first time ever.
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Analysis
What a merger between GECAS and AerCap could mean
Leasing juggernauts GE Capital Aviation Services (GECAS) and AerCap are by far the two biggest aircraft leasing companies in the world by fleet size, with a combined 2,098 aircraft between them.
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Analysis
Boeing, RAAF ‘loyal wingman’ raises the bar down under
The maiden sortie of the Boeing Airpower Teaming System (ATS) ‘loyal wingman’ was a historic occasion for the Australian aerospace sector – and symbolizes the changing nature of aerial warfare.
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Analysis
Thai Airways due to submit rehabilitation plan
Thai Airways International’s rehabilitation planners are expected to submit a plan on 2 March to Thailand’s Central Bankruptcy Court outlining how they propose the airline should be restructured.
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Analysis
SpaceJet pause creates new space in regional jet sector
Ascend by Cirium senior consultant Max Kingsley-Jones reviews the development of the intermediate regional jet sector and impact of the SpaceJet pause
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Analysis
Nok tests leasing market ahead of filing rehab plan
The restructuring of Thai Airways International has dominated headlines in the Kingdom, but a smaller, privately held carrier is also reorganising under the same business rehabilitation protection as the flag carrier.
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Analysis
Asia-Pacific authorities keen to defer travel until 2022
After almost a year of closed borders, authorities in Asia-Pacific appear keen to delay the reopening of borders to at least 2022. Even with the rollout of vaccines, there are few signs that governments are prepared to ease up on existing testing and quarantine restrictions. In the short term, a ...
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Analysis
Boeing turns page on troubled 2020 but strategy ill defined
Some analysts view Boeing’s fourth quarter 2020 results as a case of a company clearing the decks – dumping a barrel of bad news at the end of a terrible year so as to focus on rebuilding in 2021.
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Analysis
Lessors take stock as HNA creditors seek its bankruptcy
News that HNA Group creditors will seek to put the conglomerate into bankruptcy and reorganise it did not come as a surprise to some lessors, who had been anticipating such an announcement around the Chinese New Year.
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Analysis
How did airline safety rank in extraordinary 2020?
With a dozen fatal airline accidents reported during 12 months of operations that were severely disrupted by Covid-19, how did aviation’s safety record for 2020 stack up against previous years?
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Analysis
China’s Y-20 eyes new missions on anniversary of first flight
Eight years after its maiden flight, the Xian Y-20 strategic transport is transforming Beijing’s airlift capabilities as it looks to set to take on additional roles.
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Analysis
The intricacies of managing aircraft storage
The continued high proportion of parked aircraft as a result of the global pandemic creates a range of issues for airlines and maintenance providers to ensure these aircraft remain airworthy and ready for a return to service.
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Analysis
AirAsia X restructuring places creditors in a bind
AirAsia X’s debt restructuring negotiations highlight the dilemma creditors face when deciding whether to stand by a struggling airline during the Covid-19 pandemic.
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Analysis
US carriers’ fate hangs on vaccine rollout
US carriers will likely have to slog through the prime summer season and most of 2021 continuing to burn millions in cash daily as they await the herd immunity promised by mass Covid-19 vaccination.
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Analysis
Malaysia Airlines’ restructuring plan nears consensus
After months of negotiations, Malaysia Airlines has secured near-unanimous in-principle agreement from lessors and other creditors for its planned restructuring, three people close to the process tell Cirium.