Large U.S. airports could exhaust the federal aid they received in 2020 unless passenger volumes significantly improve in 2021, a new report from Moody’s found.
Embraer Commercial Aviation expects the global demand for air transport to still be 19% smaller in 2029 than anticipated in its last pre-crisis market forecast.
South African carrier Comair has named Glenn Orsmond as CEO and resumed operations after an eight-month break, paving the way for the company to exit business rescue proceedings.
The European Commission (EC) has said that an HRK88.5 million ($14 million) grant to Croatia Airlines from the country’s government is acceptable considering the carrier’s COVID-19-related losses.
The U.S. Transportation Department (DOT) has issued a final rule placing new restrictions on passengers flying with service animals, closing a controversial loophole that caused major headaches for carriers in recent years.
Satellite services provider Intelsat has completed its $400 million cash acquisition of Gogo’s commercial aviation business, creating a new internal division led by Gogo president John Wade.
Canada’s airlines—still waiting for federal aid to materialize after the government pledged millions in financial support to the country’s airports—are expressing frustration over the lack of action.
Airlines and airports have renewed their calls for an end to quarantine and other travel restrictions in Europe, backed up new EASA guidelines declaring the current methods as “not recommended.”
Several Japanese companies including All Nippon Airways (ANA) have come together to study business models for recycling captured carbon dioxide (C02) into sustainable aviation fuel (SAF).
While Asia-Pacific airlines are in many regards suffering more severely than those in other regions, key industry officials still see some promising signs for international travel in this part of the world.
Air logistics startup Airflow is working with VerdeGo Aero to study the distributed hybrid-electric propulsion system for its planned short-takeoff-and-landing cargo aircraft.
Europe has failed in its approach to tackling the COVID-19 crisis and should completely rethink its strategy on aviation, the CEO of Budapest, Hungary-based Wizz Air said.
Network airlines with efficient hub structures will be central to the aviation industry’s recovery and lead the rebuild of long-haul traffic, according to KLM CEO Pieter Elbers.
Vietnamese prime minister Nguyen Xuan Phuc’s government on Dec. 1 ordered the temporary suspension of international flights to and from Vietnam, a day after the first community COVID-19 case was reported.
David Coleal, most recently president of Bombardier Aviation, has been named group CEO of Incora, a provider of supply chain management services to aerospace, defense and other industries, effective Nov. 30.
A bipartisan group of nine senators unveiled a more than $900 billion pandemic relief proposal that includes another round of payroll support for U.S. carriers.
Long-time investment specialist Castlelake is teaming up with Boeing to provide up to $5 billion in new-aircraft delivery financing, giving cash-strapped carriers an additional funding option that does not require Boeing to increase its debt load.
Corroded hardware is leaving Airbus A350 cockpit escape hatches difficult to open from the outside, leading Airbus to redesign the affected parts and prompting EASA to order modifications for the affected in-service fleet.
Troubled long-haul LCC Norwegian Air Shuttle will seek a five-month protection period for restructuring at a Dec. 7 court hearing as part of the examinership proceedings it initiated in November.
As some hubs in the U.S. lose a certain level of panache during the COVID 19 crisis, Panama’s Copa Airlines believes its long-standing “Hub of the Americas” will become even more strategic in a post pandemic world.
Viva Air is gearing up for further expansion in the Latin American market with the potential launch of a third airline, as well as the broadening of its Colombian domestic and international route network.
