Safran has made an undisclosed investment in Sintermat, a five-year-old company specializing in an advanced sintering process for higher-performance engine components.
The uncrewed aircraft division of Kenya Airways, Fahari Aviation, has signed a letter of intent with Embraer spinoff Eve for up to 40 electric vertical-takeoff-and-landing aircraft.
LATAM Airlines Group may need to consider a widebody refresh in the future, but those decisions will be considered by the company’s new board of directors.
UK LCC easyJet is looking to exercise purchase rights and options on 56 Airbus A320neo-family aircraft and convert orders for 18 A320neos to the larger A321neo, under a proposal valued at $6.5 billion at list prices.
On June 21, an ATR 72-600 operated by Swedish carrier Braathens Regional Airlines (BRA) completed a milestone test flight with both Pratt & Whitney engines 100%-powered with Neste sustainable aviation fuel (SAF).
IATA Director General Willie Walsh said he is “very positive” about the recovery, with the number of airport pairs connected by direct air service set to return above the 20,000 mark this year.
The air transport industry’s recovery remains uneven region to region and there are concerns about the general economy and a global recession, but airline leaders seem confident in a return to pre-pandemic levels of growth.
Labor shortages have forced Amsterdam Schiphol and London Gatwick to set capacity limits, while Brussels Airlines canceled almost all flights from its home base on June 20 in the face of eight-hour security wait times.
Shell Aviation has partnered with Accenture and American Express Global Business Travel to create a blockchain-powered system that would let corporate travel buyers to participate in the funding of sustainable aviation fuel (SAF) and gain credit.
UK LCC easyJet has emerged as the front-runner for 18 additional daily slot pairs at Lisbon Airport, which TAP Air Portugal is required to give up as a competition remedy for its €2.55 billion ($2.68 billion) restructuring.
IATA believes overall industry profitability is within reach for 2023 based on a strong recovery of demand in recent months now that travel restrictions have been eased in many countries.
Japan Airlines is beginning to consider its options for an order to replace its long-serving Boeing 767s while also preparing to continue the replacement process for its 777 fleet.
Facing a shortage of talent and resources as a result of the pandemic, Royal Brunei Airlines (RBA) is looking to further optimize its fleet into a leaner airline.
IATA is stressing Latin America governments must bolster infrastructure for sustainable aviation fuel (SAF) to support the growing use of alternative fuels.
Hawaiian Airlines is considering leasing more aircraft to accommodate projected demand growth, as the carrier faces the prospect of further delays for its Boeing 787 deliveries.