Aviation Daily

The airline has committed to pre-delivery payments for its first 50 Vertical Aerospace VX4 air taxis.

Supply chain problems have slowed deliveries of Leap 1 engines to Airbus and Boeing.

Delta Air Lines CEO Ed Bastian downplayed concerns that a possible recession could sap consumer travel demand, telling analysts on a recent earnings call that his company is well-positioned to ride out a mild slowdown should one take place.

Air France-KLM and U.S. asset management business Apollo Global Management have signed an agreement for Apollo-managed funds and entities to invest €500 million ($502 million) in an ad hoc Air France operating affiliate.

The carrier has been cleared to reinstate services to five points in Cuba that had been banned by the Trump administration.

Emirates Airline has refused to accept London Heathrow (LHR) airport’s demands that carriers operating into the UK hub should cut their services over the summer peak season.

Scandinavian Airlines (SAS) has warned that the ongoing pilots’ strike has “severely impacted” the company’s liquidity and is putting at risk its ability to source new funding.

Winter looks to be challenging for the Irish LCC, but the Ryanair Group CEO foresees a modest profit for the company's current fiscal year.

Over the 2018-25 period, Safran intends to invest a total $200-250 million in India, essentially around Leap engine production and MRO.

The funds will cover the airline’s needs to restructure debt for letters of credit.

Pre-Farnborough Airshow is always a good time to look at the state of the market in terms of the current outstanding orderbook.

Spirit Airlines announced a fourth delay to its planned vote on the proposed merger with Frontier Airlines amid continued signs that the deal lacks sufficient shareholder support.

Delta Air Lines is slowing its planned capacity growth through the end of the year, part of an effort to improve reliability issues that weighed on its 2022 second-quarter (Q2) performance.

The head of the representative body for UK-based airlines has expressed dismay at London Heathrow Airport asking carriers to stop selling tickets to ease congestion at the airport.

Ryanair Group is extending the leases for the Lauda-operated aircraft because lessors are demanding long-term agreements in the wake of aircraft seizures in Russia, CEO Michael O'Leary says.

UK regional Flybe has delayed plans to extend its route network after lessors failed to deliver aircraft on schedule.

Leading lessors continued to see strong demand in the 2022 second quarter (Q2), with Air Lease Corp. (ALC) nearly doubling its Q2 deliveries year-over-year and AerCap signing 125 lease agreements, up from 51 in Q2 2021.

Canada’s air transport system has not escaped the delays and disruptions that continue to plague airport and airline operations worldwide, and it appears that only time and patience will remedy the situation.

The country’s aviation sector remains at less than 40% of 2019 levels.

The U.S. Defense Department has requested high-level configuration proposals for a Blended Wing Body (BWB) that can be 30% more efficient than the aerodynamics of the Boeing 767 and Airbus A330 and combine with a new generation of propulsion technology to reduce fuel burn more than 60% by 2030 compared to the current technology.

A key plank of regional startup Connect Airlines' plan revolves around the reintroduction of turboprop flying—specifically on the De Havilland Canada Dash 8-400.

Boeing’s delivery of 43 737 MAX aircraft in June was its highest total for the model since deliveries resumed in December 2020.

Proposals to allow Europe’s airline slot regime to return to normal have been published by the European Commission.

Scandinavian Airlines (SAS) is seeking to resume mediation efforts with its pilots in an effort to end the strike, now in its second week.

Investment firm SVPGlobal has acquired the remaining 50% of Deucalion Aviation, a company which was created from the sale of DVB Bank’s leasing arm.