Finnair has delayed repayment of a €600 million ($632 million) credit line, which was scheduled for repayment in mid-2023, by a further two years to May 2025.
Boom has revealed the formation of an industry team to design, develop and support a purpose-designed propulsion system for its Mach 1.7 Overture transport.
Airports group Vinci has finalized a $1.17 billion deal to indirectly acquire 29.99% of Mexican airport operator Grupo Aeroportuario del Centro Norte (OMA).
A strong recovery and favorable financing for the Embraer E-195-E2 were the main drivers in Porter Airlines’ decision to expand its order book for the aircraft.
Etihad Airways has decided to return a part of its Airbus A380 fleet for the summer of 2023, intending to fly the aircraft on its Abu Dhabi-London route.
GKN Aerospace has partnered with UK independent advanced propulsion research center IAAPS to ground test a megawatt-scale electric aircraft powertrain.