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Single-aisle jets get more popular, as wide-body planes phased out amid COVID-19


SOURCE / COMPANIES
By GT staff reporters Published: May 13, 2021 07:23 PM
A staffer conducts cabin inspection in Qingdao, East China s Shandong Province on March 5, 2021. Photo: VCG
Since the outbreak of the COVID-19 epidemic, major airlines around the world have adjusted their operating models on a large scale. In recent days, many airlines announced new arrangements for their large wide-body passenger aircraft.
China Southern Airlines, owner of five A380 superjumbos in China, said on Tuesday that it has used A380 passenger aircraft to carry cargos for the first time. The first of the passenger-to-cargo flights loaded with more than 20 tons of cargo arrived in Sydney, Australia from Guangzhou, South China s Guangdong Province. ....

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Rush to purchase luxury items may lead to unintended consequences


The Globe and Mail
Brenda Bouw
Published May 12, 2021
The federal government is proposing a tax on the sale or lease of new luxury cars and personal aircraft that cost more than $100,000, and personal-use boats that cost more than $250,000. The tax would be calculated at the lesser of 20 per cent of the value above the thresholds or 10 per cent of the full value of the luxury car, boat, or personal aircraft.
Bart Sadowski/iStockPhoto / Getty Images
The Liberal government’s plan to tax expensive cars, yachts, and private aircraft introduced in this year’s federal budget has prompted many wealthy clients to check in with their financial advisors and see if they should consider buying these luxury items before the new charge is expected to take effect on Jan. 1, 2022. ....

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Aircraft Pumps Market worth $4.5 billion by 2026 - Exclusive Report by MarketsandMarkets


Aircraft Pumps Market worth $4.5 billion by 2026 - Exclusive Report by MarketsandMarkets
CHICAGO, May 12, 2021 /PRNewswire/ According to a research report
Aircraft Pumps Market by Type (Hydraulic pumps, Fuel pumps, Lube and scavenge pumps, Water and waste water pumps, Air conditioning and cooling pumps), Pressure, End Use (OEM, Aftermarket), Technology, Aircraft Type and Region - Forecast to 2026 , published by MarketsandMarkets, the global Aircraft Pumps Market size is projected to grow from USD 3.3 billion in 2021 to USD 4.5 billion by 2026, at a CAGR of 6.3% from 2021 to 2026. The market is driven by various factors, such as increase in aircraft renewals and need for more flexible and light aircraft with improved, lightweight systems and compact pumping systems. ....

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Uganda Airlines boss faces suspension


Daily Monitor
Tuesday May 04 2021
Uganda Airlines board chairman, Godfrey Ahawe Perez, has been given ultimatum to address at least 12 pertinent issues affecting the national carrier before Friday May 7, 2021. PHOTO/FILE/COURTESY
Summary
Some of the issues raised are why the certification of the bombardier CRJ 900 aircraft has never been concluded, lack of the timeline for certification of the A 330-800 Neo aircraft, and non-utilised ground handling equipment that was purchased four months ago.
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The State Minister for Transport, Ms Joy Kabatsi, has threatened to suspend the chairman board of directors of Uganda Airlines if he does not respond to 12 pertinent issues affecting the national carrier. ....

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Singapore Airlines raises USD1.5b from airplane sale-and-leaseback deals


The airline lacks a domestic market and has been hit hard by the virtual halt to international passenger travel because of border controls and quarantine measures.
SINGAPORE: Singapore Airlines Ltd said on Monday it had raised about S$2 billion ($1.50 billion) through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel.
The airline said it would continue to explore other ways to raise liquidity after reaching deals with four parties over seven Airbus SE A350-900s and four Boeing Co 787-10s.
Rivals such as Cathay Pacific Airways Ltd and Qantas Airways Ltd have done similar deals during the pandemic. ....

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