Crowdfunding Brad struggles to inspire Australians
Australia’s first crowd-funded startup Brad (Perth Int’l) is battling to raise a targeted AUD2.9 million Australian dollars (USD2.1 million), while… Read More »
Brussels re-approves €525mn German state aid to Condor
The European Commission has re-approved Germany’s EUR525.3 million (USD620 million) bailout of Condor (DE, Frankfurt Int’l), after the European General… Read More »
Shenzhen Airlines conducts breakthrough test flights using Inmarsat connectivity platform
Inmarsat, the world leader in global mobile satellite communications, has announced that its SB-S connectivity platform for aviation operations and… Read More »
Aero Capital Solutions announces 2021 half-year summary
Aero Capital Solutions, Inc. (ACS), a leading lessor of mid-life aircraft and engines, today announces a summary of the results… Read More »
Gazprom Neft focuses on SAF in Russia
Gazprom Neft has highlighted its technological capabilities during roundtable discussions on the decarbonisation of the air transport industry and the… Read More »
Britten-Norman eyes new export opportunities
Britten-Norman has acquired a fleet of BN2T-4S Islander aircraft which have previously served with distinction in the UK military. Originally acquired by… Read More »
Airbus doubled its full-year profit forecast but cautious on virus
Europe’s Airbus doubled its full-year profit forecast and raised the outlook for jet deliveries after posting better-than-expected half-year results, pushing… Read More »
How Boeing, Airbus large freighters compare
Airbus has announced a freighter version of its wide-bodied A350 in a bid to loosen Boeing’s decades-old dominance of the… Read More »
Textron lifts 2021 profit forecast again on business jet strength
Textron Inc on Thursday beat Wall Street estimates for quarterly profit and raised its full-year adjusted profit forecast for the… Read More »
Northrop lifts outlook as countries ramp up space exploration
Defense contractor Northrop Grumman Corp raised its full-year forecast on Thursday and beat quarterly estimates, propped up by high demand… Read More »
Airbus A350 freighter launch challenges Boeing cargo dominance
Europe’s Airbus took aim at one of Boeing’s most profitable strongholds on Thursday with plans for a freighter version of… Read More »
German airline Condor to acquire Airbus A330neo to replace its old Boeing 767 jets
German leisure airline Condor is acquiring 16 Airbus A330neo jets to replace a wide-bodied fleet of Boeing 767 aircraft, accounting… Read More »
AerCap wins unconditional EU okay for $30 billion GE deal
EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap’s (AER.N) $30 billion bid for General Electric’s… Read More »
Jet2 eyes switch to Airbus in new plane talks
British airline and holiday group Jet2 (JET2.L) is in advanced talks to buy dozens of narrowbody passenger jets, with Europe’s Airbus (AIR.PA) seen as… Read More »
Boeing turns first profit in almost 2 years, shares jump 5%
Boeing Co (BA.N) on Wednesday posted its first quarterly profit in almost two years as revived domestic travel fueled 737 MAX deliveries,… Read More »
Wizz Air sees summer capacity close to pre-pandemic levels
Wizz Air (WIZZ.L) expects capacity to ramp up to between 90% and 100% of pre-pandemic levels in July and August as summer… Read More »
Boeing jets emissions data highlights industry’s green challenge
Commercial jets delivered by Boeing Co (BA.N) last year will account on average for emissions equivalent to 1 million tonnes of carbon… Read More »
Sorry, Jeff Bezos. You’re still not an astronaut, according to the FAA
Just because you were in space doesn’t mean you get the wings of an astronaut. The Federal Aviation Administration set… Read More »
GE CEO optimistic about aviation unit
General Electric CEO Larry Culp told CNBC on Tuesday he believes global air travel will continue to recover from its… Read More »
U.S. will not lift travel restrictions, citing Delta variant
The United States will not lift any existing travel restrictions “at this point” due to concerns over the highly transmissible COVID-19 Delta… Read More »
Bezos offers NASA $2 billion in exchange for moon mission contract
Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in… Read More »
Heathrow and airlines tell UK to open up travel as hopes rise for U.S. visitors
London’s Heathrow Airport and Britain’s main airlines urged the UK to open up travel to vaccinated passengers or face more… Read More »
Ryanair may order Boeing 737-10 MAX this year but only at the right price
Ryanair could place a significant order for Boeing’s 737 MAX 10 aircraft this year but only if the price is… Read More »
Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc
Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between… Read More »
EasyJet Joins Duffel Platform
EasyJet is adding its content to London-based Duffel’s platform, which connects airlines to travel sellers via an API capable of… Read More »
Southwest Goes Live in Sabre
Southwest Airlines content is going live in the Sabre global distribution system on Monday, giving corporate travelers and travel management… Read More »