Swedish airport operator Swedavia has issued a “green bond” loan worth SEK1 billion ($105 million) to fund projects and investments in climate-change adaptation and sustainability.
US non-profit standards organization RTCA announced on Dec. 9 that it has formed a committee of industry and government experts to develop requirements for counter-unmanned aircraft systems (C-UAS) to protect airports and other sites from rogue drones.
Congo Airways signed a firm order with Embraer for two E175 aircraft, with purchase rights for a further two. The deal has a total value of $94.4 million at current list prices with all purchase rights exercised.
IATA Africa VP Raphael Kuuchi has told Routes Africa delegates that protectionism could curb Africa’s aviation growth potential by 56 million passengers over the next 20 years.
The European Commission has decided to closely monitor Armenia, following its latest European Union (EU) Air Safety List update, which also removed a blanket ban on Gabonese airlines.
Lufthansa Group has concluded a purchase agreement with Swiss catering specialist gategroup, which will acquire the European business of Lufthansa catering division LSG Group for an undisclosed sum.
Air France-KLM will enhance its partnership with Australian flag carrier Qantas, adding more codeshares with LCCs Jetstar Airways and Jetstar Asia flights.
Proposed updates to the Boeing 737 MAX master minimum equipment list (MMEL) reflect the increased redundancy that Boeing is adding to the model as part of mandatory flight control system logic updates and extends several of the changes to earlier 737 versions.
LATAM Airlines Group and International Airlines Group (IAG) have decided to abandon plans for an immunized joint venture between LATAM and IAG subsidiaries British Airways and Iberia, LATAM announced in a security filing Dec. 6.
Two investment funds held by infrastructure investor Macquarie have divested a 36% stake in Brussels Airport Co. (BAC) to a consortium formed by Dutch pension fund APG, Australian investor Queensland Investment Corp. (QIC) and insurance company Swiss Life.
Chile-based SKY Airline has signed a purchase agreement with Airbus for 10 A321XLRs, confirming the LCC was behind the undisclosed Sept. 30 order for 10 of the new-generation narrowbodies.
Dutch LCC Transavia will launch services to 14 European and North African destinations from its new base at Montpellier Méditerranée Airport in southern France in April 2020.
Hard on the heels of showcasing its first urban air mobility (UAM) terminal in Singapore, UK startup Skyports has raised £5.35 million ($7 million) to continue acquiring sites for passenger and cargo vertiports around the world.
Rolls-Royce CEO Warren East has cautioned that aviation’s share of worldwide emissions could hit 20-25%, up from around 2.5% today, if the industry does not act quickly enough on sustainability.
US and other global economies might be plateauing but the 2020 outlook for US airports is positive, as strong demand and low fuel costs drive higher airline capacity, credit analysts said in a new report.
Icelandic LCC startup PLAY has postponed initial sales of tickets, as local media reported the founders are offering a greater stake in the business to outside investors.
Italy has named a new special administrator to oversee Alitalia, after plans for a consortium of investors to put forward a rescue plan for the bankrupt carrier failed to materialize.
Boeing faces a $4 million fine for failing to ensure a supplier was delivering airworthy 737 slat tracks and then not rejecting them once the issue came to light.
The Hong Kong Air Transport Licensing Authority (ATLA) has decided not to take action against LCC Hong Kong Airlines (HKA) “for the time being” after the carrier secured cash last week to pay employees and keep operations afloat.
Spirit Airlines is suing the US Department of Transportation (DOT), alleging the department violated federal law by withholding peak-hour slots at Newark Liberty International Airport (EWR) formerly belonging to Southwest Airlines.
