Announcing the progress with its third-quarter financial results, Vertical acknowledged the deadline for signing a master purchase agreement with American Airlines has been extended by more than a year.
Pilot union leaders at Delta Air Lines have urged the company to offer up an industry-leading contract proposal and reaffirmed their commitment to pursue self-help actions, up to and including a strike, if management continues to stall.
Air France-KLM said it would repay €1 billion ($998 million) of the €3.5 billion outstanding on the French state-backed loan that helped it through the coronavirus pandemic.
By 2040, passengers could be flying between all regions of the UK on hydrogen-fueled aircraft, concludes a detailed study by a consortium of airports, manufacturers and academic institutions.
U.S. Transportation Secretary Pete Buttigieg wants airlines to give FAA more advance notice when adding capacity or starting new service in crowded markets.
Boeing bolstered its backlog with 122 new orders in October and recorded the first month without a cancellation since before the downturn, the company revealed Nov. 8.
The FAA has finally published its proposed airworthiness criteria for Joby Aviation’s JAS4-1, providing the first detailed look at the certification basis for an eVTOL powered-lift aircraft.
Executives at Boeing have been in the expectation re-setting business lately, culminating in what many industry observers agreed was a remarkably transparent investor day Nov. 2.
In response to an increasingly dire financial state, the board of directors of fledgling Norwegian LCC Flyr will hold an extraordinary general meeting Nov. 10 to approve issuing shares to keep the airline in business.
