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Thursday, February 4th, 2021

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Unsurprisingly, IATA announces 2020 worst year ever for air travel demand

The International Air Transport Association (IATA) has released its results for the full-year 2020 global passenger results. Global demand in RPKs (revenue passenger kilometers) fell 65.9% compared to 2019 figures, and international passenger capacity measured in ASKs (available seat kilometers) fell by 75.6% compared to 2019 figures, while load factor fell 19.2% to 62.8% when compared to 2019 figures. Domestic demand fell 48.8% and capacity contracted 35.7%, with the load factor dropping 17% to 66.6%. The outlook for 2021 still looks bleak with bookings for future travel down 70% compared to this time a year ago.

IATA’s baseline forecast for 2021 is for a 50.4% improvement on 2020 demand that would bring the industry to 50.6% of 2019 levels. While this view remains unchanged, there is a severe downside risk if more severe travel restrictions in response to new virus variants persist. Should such a scenario materialize, demand improvement could be limited to just 13% over 2020 levels, leaving the industry at 38% of 2019 levels.

“Last year was a catastrophe. There is no other way to describe it. What recovery there was over the Northern hemisphere summer season stalled in autumn and the situation turned dramatically worse over the year-end holiday season, as more severe travel restrictions were imposed in the face of new outbreaks and new strains of COVID-19.” said Alexandre de Juniac, IATA’s Director General and CEO.

Asia-Pacific airlines’ full-year traffic plunged 80.3% in 2020 compared to 2019. European carriers saw a 73.7% traffic decline in 2020 versus 2019. Middle Eastern airlines’ annual passenger demand in 2020 was 72.9% below 2019. North American airlines’ full year traffic fell 75.4% compared to 2019. Latin American airlines had a 71.8% full year traffic decline compared to 2019, while African airlines’ traffic fell 69.8% last year compared to 2019.

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Willis Lease purchases 25 GTF™ engines from Pratt & Whitney

Willis Lease Finance Corporation has purchased twenty-five PW1100G-JM and PW1500G GTF™ aircraft engines from Pratt & Whitney and an affiliate company in December 2020. The transaction also includes a long-term
maintenance and support agreement with Pratt & Whitney and an affiliate company, enabling Willis Lease to offer engines maintained to the highest quality standard through Pratt & Whitney’s GTF MRO network. The engines, together with associated maintenance, are valued at over US$400 million.

“We have seen the trend continuing for airlines to demand engines on a ‘just in time’ basis. The bulk purchase of the GTF™ engines provides us the foundation for the scale required to deliver these engines through our ConstantAccess™ programs,” said Austin C. Willis, SVP of Corporate Development at Willis Lease.

Air Lease Corporation delivers two new Boeing 737-8 aircraft to Sunwing Airlines

Air Lease Corporation (ALC) has delivered two new Boeing 737-8 aircraft on long-term lease to Sunwing Airlines.  These aircraft, featuring CFM International LEAP-1B27 engines, are the third and fourth new Boeing 737-8 aircraft to deliver to Sunwing from ALC’s order book with Boeing. 

Sunwing is the largest integrated travel company in North America, with more flights to the south than any other leisure carrier with convenient direct service from over 33 airports across Canada to more than 45 popular sun destinations across the U.S.A., Caribbean, Mexico and Central America. Sunwing Airlines currently has two 737-800s and two other 737-8s on lease from ALC.

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Qantas Group signs capacity deal with Alliance Airlines to boost domestic growth

Qantas has signed a three-year deal with Alliance to access three E190s based in Darwin and Adelaide. The timing will depend on the rate of recovery in travel demand but is currently expected to start in June 2021, once the vast majority of the Qantas Domestic flying has returned to pre-COVID levels.

Alliance will provide the QantasLink network with flexible capacity using its recently acquired Embraer E190 aircraft – a 94 seat jet with a five-hour range that is well suited to linking regional centers with smaller capital cities.

The agreement also provides flexibility to access an additional 11 (for a total of 14) E190 regional jets but also to switch off some (or all) of this capacity, depending on market conditions.

Initial routes that Alliance will fly are expected to include Adelaide–Alice Springs, Darwin–Alice Springs and Darwin–Adelaide. Passengers can expect an increase in frequency made possible by the size, range and economics of the E190 compared to the Boeing 737s that are currently used on these routes; the 737s will be redeployed elsewhere in Australia as part of an ongoing ‘right aircraft, right route’ approach to the Group’s network.

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AeroGround extends cooparation with airlines Emirates and Etihad

The airlines Emirates and Etihad continue to place their trust in AeroGround Flughafen München GmbH. The two Arab airlines have both extended their contracts with the subsidiary of Munich Airport, that specializes in aircraft handling, by several years.

The airlines have been clients of AeroGround ever since they started operating their flight connections to Munich more than 15 years ago. Since then, Emirates and Etihad have been utilizing services such as aircraft, baggage and cargo handling; freshwater supply and sewage disposal as well as transportation of passengers and crews on the apron.

At the moment, Emirates operates connections between Munich and Dubai five times a week using Boeing 777 aircraft. Etihad currently flies to Abu Dhabi four times a week and uses Boeing 787 aircraft.

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Thomas Global gains CAAC approval for Boeing 737/757/767 plug-and-play LCD flight displays

Thomas Global Systems has received Civil Aviation Administration of China (CAAC) Supplemental Type Certificate (STC) approval for its TFD-7000 Series plug-and-play LCD flight displays for Boeing 737/757/767 cathode ray tube (CRT) equipped aircraft. CAAC certification is the latest in a growing number of TFD-7000 Series regulatory approvals, including from the Federal Aviation Authority (FAA), European Aviation Safety Authority (EASA), Transport Canada Civil Aviation (TCCA) and the Japan Civil Aviation Bureau (JCAB).

The TFD-7000 retrofit innovation captures all the benefits of LCD technology in a proven, drop-in solution with growth capacity for emerging airspace requirements, while avoiding a major flight deck modification with its associated aircraft downtime and crew retraining costs.
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Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
Phone: +1 (788) 213 8543
Tamar