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September 28, 2021

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Qatar Airways Reports $4 Billion Annual Loss

Qatar Airways has announced that due to COVID-19, it suffered a loss of more than $4 billion in revenues over the last fiscal year. Although the carrier received $3 billion in financial support from the Qatari government, it incurred charges of $2.3 billion as a result of grounding its Airbus wide-body fleet. However, Qatar Airways did see an increase in earnings before taxes and other costs to $1.6 billion, compared to $1.4 billion the previous year. Operational losses were also reduced by 7% to $288 million year-over-year. 

Breaking Travel News | Related Qatar Airways suffers $4bn annual loss on pandemic hit – Al Jazeera

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Isotropic Systems Secures $37m in Latest Funding Round

Isotropic Systems has raised over $37 million in a financing round led by the Seraphim Space Investment Trust, which will fund the company through to the launch of its multi-link antennas in 2022. Recent funding from other strategic investors, including SES and the UK government, led Isotropic Systems to accelerate its production phase. John Bruegger, Seraphim Space Investment Trust’s Investment Manager, said, “Isotropic Systems has the technology to unlock massive potential growth in the satcomms market.”

PR Newswire | Related Isotropic Systems closing in on multi-orbit antenna offering – Space News

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Anuvu Secures Distribution Rights for Record-Breaking Chinese Film

Anuvu has obtained exclusive worldwide in-flight distribution rights for Hi, Mom, China’s highest-grossing film of 2021 and the second-highest-grossing non-English film of all time. Directed by comedian Lia Jing, Hi, Mom follows the story of Ling, a woman who time-travels back to 1981 and befriends her late mother, sparking a journey of self-discovery. “Audiences are seeking out culturally relevant and diverse content,” said Terri Davies, Anuvu’s SVP Content & Media Services. “We are delighted to support an emerging female director.” Hi, Mom will be available to passengers from January 2022.

Anuvu | Related Anuvu to Expand In-Flight Connectivity Service with MicroGEO Satellites – Aviation Today

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Finnair Introduces Streamlined In-Flight Menus

Finnair’s refreshed in-flight menus give long-haul business-class passengers a choice of three mains including rainbow trout, a Japanese-inspired chicken dish and an Indian plant-based option. The airline has also introduced oat milk in business class. “Sustainability is a key focus, which is why we’ve introduced wooden cutlery onboard and streamlined our service offering,” said Maarit Keränen, head of Finnair’s In-Flight Food and Beverage Concept. “We’ve already halved the amount of food waste in our kitchen operations and have a new goal to reduce food waste by a further 30%.”

Inflight Online | Related Finnair recycles 99.2% of an old Airbus A319 – Business Traveller

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Emirates Brings Back Oktoberfest-Inspired Catering

Passengers flying from Dubai to Germany can enjoy traditional Oktoberfest treats until October 3. As a main, travelers in first and business class will be offered leberkäs, a beef and chicken meatloaf served with sauerkraut, a potato and red radish salad and sweet mustard. For dessert, those in first-class can have hot apfelstrudel with vanilla sauce, while business-class passengers can enjoy bienenstich, a cake with honey and almonds. Economy-class travelers can also opt for leberkäs and bienenstich. Emirates’ A380 Onboard Lounge will feature a range of Bavarian-inspired snacks and appetizers. 

Emirates | Related Emirates to restore more A380 routes as travel demand continues to recover – The National

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SIA Reopens Heathrow Terminal 2 SilverKris Lounge

Singapore Airlines (SIA) has reopened its SilverKris Lounge at London Heathrow Airport Terminal 2. In the lounge’s business-class section, the self-service buffet has been replaced with a hosted buffet where diners request their chosen dishes, and passengers must wear a mask except when eating or drinking. SIA passengers require a negative test to travel to Singapore, so will have shown their results at check-in, but Star Alliance passengers eligible to use the lounge need to show proof of a negative PCR test taken within the last 72 hours upon entering. 

BTN Europe | Related Singapore Airlines To Bring 737 MAX Back Into Service – Airline Geeks

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Embraer Believes Regional Jets are the Future in China

Embraer’s latest outlook for the Chinese commercial aviation market predicts that 1,445 new aircraft in the up to 150-seat category will be needed in the region between now and 2040. The OEM believes 77% will fulfil market growth, while 23% will replace older aircraft. Guo Qing, managing director and VP Commercial Aviation, Embraer China, explained, “During the pandemic, small- and medium-sized aircraft and regional flights were instrumental in the quick recovery of connectivity in China. The market calls for a more balanced fleet profile and route network structure to serve more secondary markets.”

Embraer | Related Air Peace’s staggeringly cool new E195-E2 business class seat – PaxEx.aero

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> PHOTO OF THE DAY

 
 

A Lufthansa A320 climbing out of Munich Airport on a sunny afternoon. Captured by @richdog747.

Use #APEXPOTD for the chance to be featured in the APEX Daily Experience newsletter!
 
 

> Tweet of the Day

✈️ Welcome Bamboo Airways! On September 24, #SFO and Bamboo signed a Memorandum of Understanding to launch the first regularly scheduled nonstop flights between Vietnam and the US. The agreement was signed following a test flight from HAN to SFO on their Boeing 787 Dreamliner.

San Francisco International Airport (SFO) @flySFO

 
 
 

Association News

Register for APEX EXPO Today!

Following the Biden Administration’s announcement that the US will lift its travel ban on visitors from the UK, India, China, Brazil and most of Europe in early November, APEX/IFSA EXPO 2021 will take place from November 30 to December 2. “APEX and IFSA are innovative and collaborative communities, and ‎connecting in-person is long overdue,” said APEX/IFSA Executive Director, Lauren Costello. Register to attend.

 
 
 
 

> Quote of the Day

“The unique element that APEX brought to the table was the humanitarian issues of so many passengers caught on the wrong side of the border.”

Dr. Joe Leader, IFSA/APEX
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Until tomorrow

 
 

ABOUT APEX

The Airline Passenger Experience Association (APEX) encompasses a network of airlines, businesses and professionals that are committed to providing a world-class airline experience for passengers around the globe. Every day, APEX members are improving every aspect of the airline experience, from designing, building and installing seating, entertainment and communications systems on commercial aircraft, to airport lounges and in-flight dining. Visit apex.aero for more information. APEX is professionally managed by Kellen Company, the premier global association management firm with offices and representation in the United States, Europe, China, the Middle East, India and Southeast Asia.

 
 

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