The former Triumph Group aerostructures business recently acquired by private equity firm Arlington Capital Partners has been rebranded Qarbon Aerospace and could be looking to acquire other assets in the embattled sector.
The move was prompted by Australian government statements this week that international travel to and from Australia will probably remain at low levels until mid-2022.
So far only three routes have been launched but the LCC intends to grow its network to 14 destinations from Russia’s busiest airport over the course of the summer season.
The new services, which include the first scheduled connection between Montreal and Honolulu, will complement the airline’s long-standing routes from Calgary and Vancouver to the Hawaiian Islands.
British Airways (BA) and Lufthansa are among the latest airlines to pause flights to Tel Aviv, following the likes of American Airlines, Delta Air Lines and United Airlines in suspending their services to Israel.
The startup did not identify the operator or its market sector, but the 40-aircraft order, plus an option for another 40, is “committed and in hand,” XTI CEO Bob LaBelle said.
Alaska Air Group is adding more Boeing 737 MAX and Embraer aircraft to its fleet to prepare for a full recovery in U.S. domestic travel by the summer of 2022.
Luxembourg national carrier Luxair is cautiously optimistic about its prospects for the coming months, according to its annual report published May 10.
The official start of perhaps the key driver behind the U.S. airport system’s success can be traced to May 13, 1946—the day President Harry S. Truman signed the Federal Airport Act into law.
International Airlines Group (IAG) has taken further moves to bolster its balance sheet with the launch of an offering of senior unsecured bonds, convertible into ordinary shares.
A coalition of nearly two-dozen CEOs from across the travel and tourism industry called on President Joe Biden to take steps to restart air travel between the U.S. and the UK.
While the concept of DHPs is not without controversy, DHPs can provide a safe and responsible solution to ease the current barriers to travel. But can they alone power a global travel resurgence?
As it seeks strategic investors to set up operations in Canada, Jaunt Air Mobility has added to the list of suppliers working on the startup’s Journey electric vertical-takeoff-and-landing air taxi.
Israel’s transportation authority said it suspended the air traffic to and from Tel Aviv Ben Gurion International (TLV) on May 11 after a barrage of rockets were fired on the Tel Aviv metropolitan area.
Based on Airbus’ latest thinking that single-aisle demand will return sooner than expected, the OEM is resuming preparatory work for a new narrowbody final assembly line in Toulouse to be operational by the end of 2022.
The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.
