AirAsia is (still) making big moves in the ASEAN region and digital bag tags are evolving to a level that might be useful soon. Plus some news on IFE/C going active and getting profitable. The 2019 Future Travel Experience Asia was a great show and these are just a few of the highlights.
Airplanes and Airports
Norwegian’s financials, or potential lack of such, have raised eyebrows in the aviation world for some time now. Hoping to put those fears to rest – and continue selling seats as it heads into the traditionally slower winter season – the carrier announced the closing of a ~$275 million financing round. The company declared, “After the completion of the transactions, Norwegian is fully funded through 2020 and beyond based on the current business plan.”
TUI’s latest play in Central Florida opens up a new gateway to Orlando. There’s just one small problem: It is not in Orlando. But maybe that doesn’t really matter??
A new low cost carrier is set to fly in Iceland. PLAY airlines intends to launch sales before the end of the year, connecting passengers between Keflavik and European destinations. The company expects to expand to North American destinations in Spring 2020, using Iceland as a hub to connect passengers between the two continents.
Consolidation continues in the global aviation market, this time delivering a shift in transatlantic services. International Airline Group announced this morning its intentions to buy Air Europa. The Spanish carrier will become part of the Iberia operation within IAG though remain an independent brand, at least to start. The deal is valued at 1 billion euro and full integration is expected by 2025.
Can LiFi replace WiFi on board, opening up more spectrum for passengers? And can new satellite launches deliver the capacity that airlines need for inflight connectivity? Plus an expanding award chart and plans for a massive fleet expansion in India.
The final phase of Bombardier’s aviation business restructuring is approaching the finish line. The company announced today a definitive agreement to sell its aerostructures business to Spirit AeroSystems. The deal includes facilities in Belfast, Casablanca and Dallas. Spirit will pay $500 million in cash and assume liabilities in excess of $700 million as part of the deal.
What does it take to claim a “Shuttle” service between two airports? Is it hourly service throughout the day? Is it more flexible fees and policies? Is it improved catering on board? For United Airlines and the new “shuttle-like” service between Newark and Washington’s Reagan National Airport (DCA) the answer might surprise you.
It is no secret that Norwegian wants access to fly across northern Russia. The trans-Siberian routes open up opportunities in North Asia, including Japan, China and Korea. And the Russians know this. The country is a notoriously tough negotiator when it comes to gaining access to those routes. Some might even claim extortionate. Oh, and the country has a maligned small airplane that it would like to see selling better, perhaps flying more outside of its home carriers. What are the odds??
India’s largest domestic carrier plans to continue it meteoric growth pace. The carrier announced an order for 300 more A320neo family aircraft. This latest order contains a mix of A320neo, A321neo and A321XLR planes. With the new order the carrier’s total book with Airbus reaches 730 frames.