Norse Atlantic Airways has no fuel hedges in place and Icelandic LCC PLAY is only hedged to 30%, exposing the airlines to differing levels of fuel-price volatility over the weaker European winter months.
The start-up airline plans to shrink its network this winter and cut the number of aircraft operating by a half in anticipation of a challenging season.
The Allied Pilots Association says it will not support giving Boeing more time to certify its final two 737 MAX family variants if the manufacturer does not meet a year-end deadline linked to flight deck system requirements.
Parker Hannifin has plenty of opportunity to change and improve Meggitt operations while still upholding promises Parker made to the UK government to sustain core Meggitt operations in the country, Parker leaders told Aviation Week.
Sweden’s Heart Aerospace may have moved up to 30 seats to increase the appeal of its planned electric regional airliner, but French startup Aura Aero continues to pursue a 19-seater and has announced letters of intent for another 130 aircraft, taking the total to more than 330.
Airbus foresees the aviation services market returning to pre-COVID-19 levels by the end of next year and has predicted the segment will double in size over the next 20 years.
Mesa CEO Jonathan Ornstein is holding out hope that his company’s new pilot development program could help the industry recover from an ongoing regional pilot shortage but has no illusions about the magnitude of the challenge at hand.
The UK’s competition watchdog has expressed concerns that a $7.3 billion tie-up between satellite communications firms Viasat and Inmarsat could lead to airlines and passengers paying higher prices for onboard Wi-Fi.
Startup Northern Pacific Airways is planning to take four Boeing 757-200s before year-end, initially operating them to Mexico before launching services to Asia in the new year.
The first crewed electric vertical takeoff and landing flight in Italian airspace has been conducted from the country’s first fully functional vertiport at Rome’s Fiumicino International Airport.
Wizz Air sees deployment opportunities for “significantly more” than the 47 Airbus A321XLR aircraft it currently has on firm order, the airline’s President Robert Carey told attendees at the World Aviation Festival.
The global commercial fleet will grow at an average annual clip of 3.5% through 2032 on the strength of 21,700 deliveries, while retirements will peak in 2027, a new Aviation Week forecast reveals.
Regional aircraft lessor ACIA Aero Leasing plans to expand its relationship with express delivery provider DHL Express by converting a batch of ATR turboprops into freighters.
As unstable oil prices and environmental pressures combine for the next generation of aircraft to drastically cut fuel consumption, Safran Landing Systems is anticipating its electric taxiing system will find an application eventually.
Lessors have played a major role in boosting the conditional orderbooks of electric aircraft startups, from Avolon’s preorder for 500 Vertical Aerospace four-passenger air taxis to Rockton’s letter of intent for 40 Heart Aerospace 30-seat regional airliners.
KLM Royal Dutch Airlines could potentially close up to 30 destinations if the Dutch government proceeds with its plans to limit movements out of Amsterdam Schiphol to minimize noise pollution.
London Gatwick Airport says it has completed the resurfacing of its main runway in half the time and for half the cost that would normally be expected.
