The Norwegian government has prohibited the sale of Rolls-Royce's marine powerplant division Bergen Engines to the international arm of a Russian company.
GE Aviation sees engine shop visits climbing 30% year-over-year from the 2021 second quarter on, as utilization continues to rise particularly among the narrowbody fleet, the company said.
Ethiopian Airlines is rolling out ‘Trusted Travel Pass,’ an African platform that verifies COVID-19 medical information and aims to harmonize entry and exit screening across the continent.
South African Airways (SAA) has cut its liabilities to R2.3 billion ($156 million) and cut 80% of its workforce, following a restructuring process that has lasted over a year.
A Boston startup is taking a new look at wing-in-ground-effect vehicles through the lens of distributed electric propulsion, advanced flight control and hydrofoil lifting surface technology.
Brookfield Asset Management will dive into the aerospace sector after hiring recently retired Air Canada president and CEO Calin Rovinescu as an advisor.
Warnings from officials about international travel and tightening coronavirus restrictions in several countries are threatening European airlines’ hopes for a much-needed summer recovery in air travel demand.
Australian carrier Regional Express (Rex) has backtracked on its decision to cut five regional routes after the country’s government extended a support program.
Embraer said it saw a solid rebound in deliveries in the 2020 fourth quarter (Q4), as both executive and commercial aircraft show signs of resurgent demand.
British Airways (BA) may sell its Waterside headquarters building next to London Heathrow Airport (LHR) as it assesses flexible working options for its office workers.
The government plans to purchase $210 million worth of advance tickets for security personnel at airports to which El Al and Sun d’or will fly to over the next 20 years.
Delta Air Lines CEO Ed Bastian said he expects the company to finally break even in March, nearly a year after the coronavirus pandemic devastated demand for air travel across North America in spring 2020.
Copenhagen Airport (CPH) said it has struck an agreement with its airlines that provides the necessary platform for a restart of traffic and routes to Denmark’s capital.
Sergei Chemezov, Rostec CEO, will personally lead the consolidation process after appointing himself to lead the UAC Board of Directors, Rostec announced on March 18.
