MIAMI – The Joint Venture Agreement (JVA) between Delta Air Lines (DL) and LATAM Airlines Group (LA), has obtained full and unconditional authorization from the Brazilian Administrative Council for Economic Defense (CADE). The agreement was first signed in May 2020 and operational under initial approval in September 2020.
The trans-American joint venture shall permit increased services and offer a better travel experience between North and South America on DL and LA networks.
The Joint venture was also approved in Uruguay whilst awaiting a similar decision in Chile and other South American countries.
Photo: Luca Flores/Airways
MIAMI- ‘Speedbird Concorde 1’, a callsign that is recognized throughout global aviation. Over the years, it has been associated with British Airways (BA) and its Concorde service to New York’s John F. Kennedy International Airport (JFK) from London Heathrow (LHR).
According to
flagshipflights.com, The “Speedbird” call sign comes from BOAC, which inherited it from Imperial Airways. It was the name for the airline’s emblem, which has now ended up being the BA logo, known as the ‘Speedmarque’, after several iterations.
Until its retirement in 2003, Concorde was such a unique aircraft that it had its name appended to the normal BA callsign for starters. BA even paid extra for her to skip the queue at LHR and JFK.
MIAMI – Finnair (AY) has found a new way to finance its 17th Airbus A350 on order by entering a lease financing agreement with JLSP Holding Ireland Ltd, which shall be both the lessor and the lender.
According to Aviator Aero, the change is part of AY’s efforts to restore itself and navigate the current crisis impacting global air trade by achieving cost savings and pursuing traditional and conventional liquidity enhancement schemes.
Under this scheme, the aircraft is purchased by a third party and then leased back to the airline. According to
aviator.aero, the A350 concerned by this plan is the 17th aircraft ordered by AY and to be delivered mid-2022 while the lease shall begin by the end of the current year including a storage period awaiting entry into service sometime in 2022.
Photo Misael Ocasio Hernandez/Airways
LONDON – Cargolux has joined UNICEF’s Humanitarian Airfreight Initiative to transport essential medical and pharmaceutical supplies where they are most needed.
The project aims to prioritize the delivery of vital healthcare products, including COVID-19 vaccines, to curb the global pandemic.
In addition to Cargolux (CV), other airlines have joined the initiative such as: AirBridgeCargo (RU), United Airlines (UA), Qatar Airways (QR), Emirates Skycargo (EK), Etihad Airways (EY), Cathay Pacific (CX ), Singapore Airlines (SQ), Brussels Airlines (SN), Saudia (SV), Lufthansa Cargo (LH), Korean Air (KE), Ethiopian Airlines (ET), Astral Aviation (8V), Air France/KLM and IAG Cargo.
Airways has received a document from the French union describing the NAR France bankruptcy.
The document states that since March 2020, Norwegian Air Resources (DY/NAR) set in motion its ‘Activité Partielle’, or AP, which is a technical unemployment scheme under a public funding accreditation. The AP runs until March 2021.
Norwegian Air Boeing 787-9 Dreamliner | Photo: Daniel Gorun
Norwegian Government Aid and Subsequent Restructuring
On January 22 of this year, the airline group received €300m (US$360.87m) in public funding from the Norwegian government. Now, according to the French union document, the Group is working on a massive restructuring process; the ‘New Norwegian’ refocused on the short to medium-haul market from Norway and to a lesser extent from that of the Scandic area.