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LATEST NEWS
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Wednesday, July 28th, 2021
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The first of the three A220s for Air Austral, France’s La Réunion Island-based airline, has been delivered from the Airbus A220 Final Assembly Line (FAL) in Mirabel, Canada. The second and third aircraft are expected to join the Air Austral fleet in the coming days. This A220 will be the first of the type to be operated by a French airline in the Indian Ocean region.
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Air Austral has selected the Airbus A220-300 as part of its medium and short-haul fleet modernization plan in order to boost its operational efficiency, offering an enhanced passenger experience in a comfortable two-class cabin layout with 132 seats: 12 in business class and 120 in economy-class.
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Bearing the airline’s distinctive livery representing La Réunion Island’s beautiful landscapes, Air Austral will strengthen its regional network with three A220-300s, flying on routes between La Réunion Island and Mauritius, Mayotte, Seychelles, South Africa, Madagascar, and as far as India.
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The aircraft will be powered by the latest generation geared turbofan engines from Pratt & Whitney, the PurePower PW1500G.
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BAA Training has appointed Marijus Ravoitis as new CEO of the company, who will supervise all its business operations globally. Egle Vaitkeviciute will step down as CEO and progresses her career taking a more advanced role as a strategic advisor for BAA Training. The transition comes into force on August 3, 2021.
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Marijus Ravoitis, who is making an internal move from Chief Sales Officer, will guide the organization in its mission to deliver world-class aviation training to both corporate and individual clients. In his four years of serving BAA Training, the company has acknowledged his dedication to creating an environment of accountability and transparency.
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For the second quarter of 2021, Hawaiian Airlines has reported a net loss of US$6.2 million, and an adjusted net loss of US$73.8 million. The company reported total revenue of US$410.8 million, down 42% compared to the second quarter of 2019, on 30% lower capacity. Total operating expenses was US$392.3 million, and operating expenses excluding non-recurring items was US$478.4 million, down 23% compared to the second quarter of 2019.
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In the second quarter of 2021, the company continued to rebuild and expand its network, primarily in North America . In June 2021 , Hawaiian's North America traffic exceeded June 2019 levels. During the second quarter of 2021, the company operated at an average of 70% of its 2019 second quarter system capacity, comprised of 97%, 57% and 11% capacity on its North America, Neighbor Island, and international routes, respectively.
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The company further enhanced its liquidity position during the second quarter of 2021 with US$173.4 million in grants and US$31.4 million in loans pursuant to the Payroll Support Program Extension Agreement (the "PSP Extension Agreement") and Payroll Support Program 3 Agreement with the U.S. Department of the Treasury.
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As of June 30, 2021, the company had US$2.4 billion in liquidity, including the undrawn portion of its US$235 million revolving credit facility.
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After 17 years of local commitment, easyJet – the capital region's home base carrier – is continuing to invest in the Berlin-Brandenburg site and is planning a hangar for the maintenance of its European fleet at Berlin Brandenburg Airport (BER).
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According to current plans, construction of a dedicated easyJet hangar at Berlin Brandenburg Willy Brandt Airport (BER) is to begin in autumn 2021 in close cooperation with airport company Berlin Brandenburg GmbH (FBB). The construction application documents have been submitted and are currently in the approval phase. The carrier plans to carry out more extensive maintenance and servicing work as part of its light base maintenance at the new location.
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The hangar will provide space for work on four aircraft at a time, up to the size of the Airbus A321. easyJet had already opened its first line maintenance station outside the U.K. at BER in the summer of 2020. As part of the line maintenance, work is carried out on the aircraft during ongoing operations and directly on the apron. The construction of its own hangar at BER is the next logical step for easyJet in order to be able to service the BER and European easyJet fleet more comprehensively in Berlin-Brandenburg in the future and thus ensure a smooth maintenance process for the European fleet.
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With a total investment volume for the maintenance station and hangar of approximately €20 million, easyJet underlines the strategic importance of the base at the Berlin-Brandenburg site for its own network, creates valuable local jobs, and thus strengthens the economy in the region.
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JetBlue Airways has reported its results for the second quarter of 2021: The airline reported GAAP diluted earnings per share of US$0.20 in the second quarter of 2021 compared to diluted earnings per share of US$0.59 in the second quarter of 2019. Adjusted loss per share was US$0.65 in the second quarter of 2021 versus adjusted diluted earnings per share of US$0.60 in the second quarter of 2019.
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JetBlue reported GAAP pre-tax earnings of US$57 million in the second quarter of 2021, compared to a pre-tax income of US$236 million in the second quarter of 2019. Excluding one-time items, adjusted pre-tax loss of US$309 million in the second quarter of 2021 versus adjusted pre-tax income of US$238 million in the second quarter of 2019.
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During the quarter, JetBlue significantly reduced net debt by US$1.2 billion to US$0.9 billion, which is now below pre-pandemic levels. As of June 30, 2021, JetBlue’s adjusted debt to capital was 55%. JetBlue ended the second quarter of 2021 with approximately US$3.7 billion in unrestricted cash, cash equivalents, and short-term investments, or 46% of 2019 revenue.
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JetBlue repaid US$89 million in regularly scheduled debt and finance lease obligations and fully repaid a term loan of US$722 million during the second quarter of 2021.
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Sikorsky has received a four-year contract from the Brazilian Air Force to provide logistics support for the service’s 16 UH-60L Black Hawk helicopters. The contract will improve fleet sustainment resulting from local storage of commonly required spare parts, assistance from a regional Sikorsky field service technician, and direct technical support from Sikorsky Engineering.
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“We thank the Brazilian Air Force for selecting Sikorsky to provide the highest level of logistics support for its Black Hawk helicopter fleet,” said Felipe Benvegnu, director of Sikorsky sustainment business development. “Local storage of spare parts will eliminate long lead times for material that would keep an aircraft on the ground. Close collaboration with Sikorsky engineers, whether virtual or in person, also will help the Air Force maintainers improve the readiness rates of these utility aircraft for important missions, such as search and rescue.”
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The Brazilian Air Force acquired its 16 Black Hawk aircraft via Foreign Military Sales between 2006 and 2013.
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The Air Force contract is modeled after a multi-year logistics support agreement between Sikorsky and the Brazilian Army. In 2019, after previous agreements with the Army, the flight availability rate of the four Army S-70A (UH-60L equivalent) Black Hawk aircraft reached a 100% readiness.
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