Boeing failed to meet its obligations in five of 12 areas specified in a 2015 agreement with the FAA that required various safety and quality-control improvements in its Commercial Airplanes division and will pay $5.4 million in new penalties as a result, the FAA said Feb. 25.
The company, which specializes in engines, cabin interiors and other aircraft equipment, released remarkable financial results, given the gloomy economic situation for the air transport industry.
Several EU policymakers have acknowledged the European aviation industry’s Destination 2050 carbon-neutral roadmap as a step in the right direction—but still just a starting point.
Senior transportation officials from the U.S. and Canada vowed to “reinvigorate” collaboration on decarbonizing aviation, part of a shared commitment to build back from the COVID-19 pandemic in an environmentally sustainable manner.
Scandinavian Airlines (SAS) is hopeful the COVID-19 vaccine rollout will lead to an ease in travel restrictions and an increase in travel demand as summer approaches.
Despite the Southeast Asian market being severely battered by the pandemic-related downturn, Boeing remains optimistic about the region’s long-term potential, predicting 1,590 new aircraft deliveries this decade.
Delta Air Lines and LATAM Airlines Group received final approval from the Brazilian Government to implement their planned joint venture (JV) between North America and Brazil.
EasyJet said it would raise €1.2 billion ($1.5 billion) from a bond issue, in a sign of optimism about the prospects for a recovery of the air transport sector over the coming months.
Brussels Airlines has outlined its flying program for the summer 2021 season, which includes the resumption of North Atlantic services and the addition of a new route to Frankfurt.
Tourism-dependent Thai Airways has reported a record loss of THB141 billion ($4.7 billion) for 2020 after the sector collapsed following COVID-19-related border closures.
Qantas expects to reopen almost all of its international routes by late October, although they will be operated by smaller widebodies as its Airbus A380s will remain parked.
Spirit AeroSystems is growing the defense part of its revenue streams faster than expected, which is mildly helping to offset lost work in making airliners, the company’s CEO said Feb. 23.
International and regional procedures have been established for the unlikely but still possible contingency of losing direction from air traffic control (ATC) in oceanic airspace, a situation that occurred in spring 2020 in airspace controlled by the FAA’s New York oceanic control center.
London Heathrow Airport is hopeful that a combination of the UK’s successful COVID-19 vaccine roll-out and its hosting of a G7 summit in June will be catalysts for restoring air services at the hub airport.
Air New Zealand and Malaysia Airlines are the latest carriers to sign up to trial the IATA Travel Pass, a new digital app that streamlines how passengers can access the COVID-19 tests required for their travel and securely convey results to airlines.
Thailand’s domestic capacity has bounced back strongly since the early days of the COVID-19 crisis, with LCCs leading the recovery and increasing their dominance of the Thai market.
IATA is concerned that its December 2020 forecast for traffic recovery may have been too optimistic and the airline industry will burn a lot more cash for longer than anticipated.
Kuwaiti LCC Jazeera Airways foresees significant demand for air transport starting to return from midway through 2021 and intends to continue with plans to revitalize its fleet.