April is a stormy month in the Western world, and in aerospace and defense, it lived up to its reputation with the winds of change blowing through the C-suites of industry.
AerCap Holdings secured leases for 60 aircraft in the 2021 first quarter (Q1), including 28 twin-aisle aircraft, evidence of increasing demand and confidence from airlines.
Embraer is evaluating options for supplying customers with used and serviceable material (USM), including potential partnerships with service providers.
As air traffic picks up in Asia-Pacific, component and service provider Honeywell is tapping on its mainstay services and new portfolios for potential opportunities with airlines.
Kenya Airways has signed an MOU with advanced air mobility (AAM) company Skyports to collaborate on launching permanent unmanned aerial vehicle (UAV) operations in the East African country.
Air Tanzania can expect financial support from Tanzania’s government after the flag-carrier recorded a loss of TZS60 billion ($26 million) during its fiscal 2019/20 period resulting in total losses over the past five years of TZS150 billion.
A strong rebound in demand from U.S. mainland markets is providing a major boost for Hawaiian Airlines, but for full recovery the airline still needs similar improvement in international and inter-island markets.
A U.S. court has approved lessor AeroCentury’s application for continued funding for its business operations and restructuring under Chapter 11 proceedings.
Depressed commercial aerospace returns still could not dampen earnings or sentiments at Raytheon Technologies after the company April 27 reported its mildly better-than-expected financial results for the first quarter of 2021.
As suppliers prepare for a presumed rebound in demand for parts and services to support global airline fleet activity, mitigating risk of inevitable future disruptions is top of mind.
JetBlue Airways is moving full steam ahead in its strategic alliance with American Airlines and believes the tie-up will break up what it deems as monopolies in the northeast.
More than a year into the COVID-19 crisis and with airlines still under unprecedented pressure, the question of airport slots is proving the adage that you can’t please all the people all of the time.
American Airlines is on track to complete its long-running Boeing 737-800 cabin reconfiguration in the coming weeks, ensuring the entire fleet will be available to support the carrier’s growing summer schedule.
A common practice used by airlines to reduce fuel costs could undermine the objectives of a planned EU mandate to blend sustainable aviation fuel (SAF) with fossil jet fuel starting in 2025, an environmental organization has warned.
Thai AirAsia’s (TAA) parent company Asia Aviation Public Company Limited is planning to list the LCC on the Thai stock exchange as part of a move to accept a loan from an undisclosed investor.
Major airports across Europe need to face up to a looming shortfall in capacity from next winter as airlines continue to restructure their operations, Ryanair DAC CEO Eddie Wilson told delegates at Routes Reconnected.
Finnair has raised its savings target by a further €30 million ($36 million) to €170 million by 2022 as it aims to increase the scale of permanent reductions to its cost base.
All Nippon Airways (ANA) has significantly reduced its loss forecast for the fiscal year that ended March 31, due partly to achieving greater cost savings than anticipated.
The UK CAA has rejected Heathrow Airport’s request for £2.6 billion ($3.6 billion) to cover COVID-19 pandemic-related losses, labeling the claim as “disproportionate and not in the interests of consumers.”
Airports and airlines will need to be “very creative in finding new solutions” to cope with the post-pandemic aviation market, a panel at Routes Reconnected heard on April 26.
Swiss International Air Lines will emerge from the COVID-19 crisis as a smaller airline with a greater focus on serving leisure routes in the coming years, CEO Dieter Vranckx told Routes Reconnected on April 26.
