The numbers of airline accidents and accident fatalities are tracking down this year, although a factor in the decline will be the big drop in flights caused by the COVID-19 pandemic.
Estonia’s Nordic Aviation Group (Nordica) has signed a letter of intent (LOI) with Polish flag-carrier LOT to buy out the latter’s 49% holding in Nordica subsidiary Xfly.
Air cargo volume is set to grow by just over 13% in 2021, about twice the pace at which world trade was expected to expand, the International Air Transport Association predicts.
Qantas and low-cost subsidiary Jetstar are planning to ramp up their flying in December in response to the easing of state border restrictions in Australia.
Ryanair Group CEO Michael O’Leary expects passenger volumes to reach 70% of pre-COVID levels in 2021, especially if vaccines can be made widely available by the spring.
Pilot training and simulator leader CAE of Canada is buying the Canadian-based assets of TRU Simulation + Training from Textron for $40 million in cash, the companies announced Nov. 25.
IATA believes that the Asia-Pacific region could lead on its initiatives to revive air traffic and is calling on governments to implement them as the airline body continues to hold multilateral talks.
Arab Air Carriers Organization (AACO) secretary general Abdul Wahab Teffaha speaks to ATW Europe and Middle East correspondent Alan Dron about how his members are managing amid the pandemic as well as the prospects for the increasing number of LCCs in the region.
After shrinking precipitously, the MRO aftermarket demand post-pandemic totals to $878 billion over the next 10 years, growing at a 3.6% CAGR after factoring in fleet and utilization impacts from the COVID-19 pandemic.