Demand for more than 60 Airbus A320neo family aircraft per month is doubtful and the supply chain has yet to prove it could accommodate a production ramp-up beyond that level, according to Safran CEO Olivier Andries.
An uptick in commercial activity helped Boeing Global Services (BGS) boost revenues 10% sequentially last quarter and has the company bullish on short-term aftermarket prospects as travel demand continues to rise in key markets.
Boeing could accept more risk with its supply chain as it seeks to ramp up 737 MAX narrowbody production quickly in 2022, and it will hold its own workforce at roughly 140,000 employees, company leaders said.
Airlines are struggling to get adequate supplies of jet fuel at small and mid-size airports across the western U.S., as a lack of available pipeline space and trucking capacity for fuel shipments coincides with a surge in domestic travel demand.
Boeing’s plan to double 737 MAX production by early 2022 hinges on China’s approval to unground the model—a move the company expects to happen by year-end despite trade tensions that are threatening to overshadow safety issues, company executives said.
Despite continuing to defer strategic decisions on successor models for the 737 and 757 market sectors, Boeing President and CEO Dave Calhoun insists the manufacturer is adequately funding both near-term product development and longer-term overall research and development (R&D).
Aviation sector leaders have welcomed the U.K. government’s decision to end the quarantine upon arrival requirement for fully vaccinated air passengers from the U.S. and most of Europe—but lamented that the measure is probably too late to save the summer travel season.
Virgin Atlantic has announced a unilateral codeshare agreement with Middle East Airlines (MEA) offering connections between the U.S. and Beirut via London Heathrow Airport
Fortunately for an aviation industry still seeing many obstacles in the way of a full recovery in passenger demand, the silver lining that is the boom in air cargo looks set to continue.
Indian LCC IndiGo is looking to fully restore its domestic capacity to pre-pandemic levels, but to achieve this goal it will need the government to ease capacity restrictions.
“In July and August 2021 we expect to operate around 90% and 100% of our 2019 capacity, respectively, making Wizz Air the first major European airline to fully recover capacity to pre-COVID-19 levels,” CEO József Váradi said.
Airbus is in the middle of a deepening conflict with its largest union and the German works council over the future of its aerostructures subsidiary Premium Aerotec (PAG) that may delay a key part of the manufacturer’s plans to change the industrial setup.
Cathay Pacific has identified three new senior leadership positions as it turns to lifestyle products for revenue as flight restrictions in Hong Kong drag on.
Collins' TransAction solution acts as an “exchange,” taking in data from the IATA Travel Pass web interface before converting and distributing the inputs to various airline’s reservation protocols and departure control systems (DCS), and vice versa.
While Hawaiian Airlines continues to see a strong rebound in its domestic operations, it does not expect any recovery in its international operations until near the end of this year.
The inaugural flight will go ahead on Aug. 11 but frequencies from September are set to be lower than previously planned as a result of ongoing travel restrictions.
Steady increases in key metrics including departures and spare parts sales have GE executives confident that its aviation services unit is headed in the right direction and original equipment (OE) sales are poised to follow as aircraft production rates increase, company executives said.
With midyear financial reports starting to emerge, financial analysts have been poised to approve the Western aerospace industry’s latest quarterly results with modest relief.
JetBlue Airways announced plans to delay retiring its Embraer E190 fleet, part of an effort to accommodate resurgent demand and new growth opportunities driven by its alliance with American Airlines in the northeastern U.S.
The restructuring of German leisure airline Condor and planned renewal of its aging fleet can move forward after the European Commission (EC) found that state support totaling €525.3 million ($617 million) was in line with EU State Aid rules.
