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AnalysisBoeing, 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
How IATA’s new app could help ease travel restrictions
A mobile phone application for airline passengers to securely store and share Covid-19 vaccination and test results is set to be rolled out as a fully functional system over the next few weeks.
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Analysis
European airlines pine for summer recovery
Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.
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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
Boeing 737 Max service return in the Americas gathers pace
Airlines across the Americas are first to test customer appetite for the aircraft in much-changed operating climate
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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
Covid-hit airlines still seeking the initiative on sustainability
The airline industry could have been forgiven for concentrating on immediate challenges around its very survival during the Covid-19 crisis. But it is a mark of how sustainability has become central to what the European Commission and others have referred to as the sector’s “licence to grow” that already ...
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Analysis
Challenges await as Rousseau takes Air Canada helm from Rovinescu
Air Canada’s Michael Rousseau takes the helm of the largest Canadian airline at a time when it faces multiple crises, the biggest of which is not of its own making.
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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, ...
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Analysis
Airlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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Analysis
Court approves reorganisation of six HNA carriers
The highest court in China’s Hainan province has approved applications from creditors to place 10 affiliates of Hainan Airlines Holding in bankruptcy reorganisation, including six airlines, a 10 February filing to the Shanghai Stock Exchange shows.
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Analysis
Lessors strike deals with Thai Airways
Many lessors have reached agreements with Thai Airways International on the future of their aircraft as part of the carrier’s restructuring process, lessors with exposure and people close to the restructuring tell Cirium.
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Analysis
Does demise of Dragon and Silk signal the end for regional sub-brands in Asia?
Singapore Airlines and Cathay Pacific have both shut or merged their regional units, in a move to simplify their group structure. With Cathay Dragon and SilkAir gone, what fate awaits the regional airline unit model in Asia-Pacific?
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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
HNA Group’s years of debt-fuelled acquisitions end in shambles
It may have started life as an aviation group, but by the time creditors showed up with bankruptcy filings, China’s HNA Group was a massive conglomerate with broad interests; from property to logistics; from aviation to financial services, the company had a finger in every pie.
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Analysis
Lion reaches agreements with (some of) its lessors
Several lessors to Lion Group airlines have agreed to restructure their leases after months of bilateral negotiations, Cirium understands.
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Analysis
Traffic data shows how pandemic upset traditional hub dominance in 2020
Trying to make sense of the passenger traffic data for 2020 at airports is a nigh on impossible task given the dramatic declines reported across the globe. For an industry coming off the back of a decade of non-stop growth, at largely above-trend rates, the levels of traffic falls ...
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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?
