Package carrier FedEx Express is planning to conduct tests of startup Elroy Air’s Chaparral autonomous cargo aircraft in 2023 in its middle-mile logistics operations, moving shipments between sorting locations.
SkyTeam member Kenya Airways significantly reduced its 2021 full-year operating loss to KES6.8 billion ($58.7 million), narrowed from a KES27.1 billion loss in 2020.
The terms for the takeover of Scottish ground handler John Menzies have been finalized, giving it an enterprise value of approximately £763 million ($1 billion).
Air New Zealand has revealed details of an NZ$2.2 billion ($1.5 billion) recapitalization package, which the government will participate in to maintain its majority share.
With Swiss International Airlines as its first customer, solar kerosene startup Synhelion has selected Germany’s Ineratec to provide the Fischer-Tropsch technology required to produce carbon-neutral aviation fuel using concentrated sunlight.
The investment is the third sustainable aviation fuel (SAF) deal in the portfolio of United Airlines Ventures, which is focused on investing in next-generation aviation technologies including SAF, hydrogen- and electric-powered aircraft.
The UK aerospace industry has broadly welcomed a government decision to provide £685 million ($897.2 million) in funding for the Aerospace Technology Institute to accelerate the development of green aviation technologies.
China has issued visas to NTSB investigators and U.S.-based technical advisors representing other key stakeholders, clearing the way for them to travel to the country and join the China Eastern Airlines Flight MU5735 accident investigation.
Strong interest in electric vertical-takeoff-and-landing (eVTOL) vehicles is a clear sign airlines globally are taking the need to decarbonize seriously, according to the head of one of the largest lessors of commercial aircraft.
Latin and Caribbean airline association ALTA is praising a new resolution designed to encourage the development of sustainable aviation fuel (SAF) in the region.
Honeywell Aerospace sees its urban air mobility (UAM) office creation as a responsible move for a longtime aerospace supplier eyeing a generational shift.
Startup HyPoint has partnered with an aerospace R&D company to combine its aircraft fuel cells with liquid hydrogen tanks and offer manufacturers the ability to carry more hydrogen for greater range.
Airbus said March 29 that the new 125,000-ft.² expansion of its A220 subcomponents preassembly line in Mirabel, Canada, will help double production capacity of the small airliner in coming years.
The supply of aircraft spare parts and maintenance services was banned by the EU along with the delivery and lease of commercial airliners in early March in response to Russia’s invasion of Ukraine.
The agency said the decision has been made due to the “evolving and highly unpredictable situation globally with respect to ongoing impacts from COVID-19.”
FAA’s fiscal 2023 baseline budget request of $18.6 billion includes $17.5 million to support aircraft certification reform mandates, including funds for adding more than 50 positions.
The FAA appointed Billy Nolen, leader of the agency’s aviation safety unit, as its next acting administrator, taking over after the departure of current Administrator Steve Dickson at the end of March.
Airbus has flown an A380 with one of its four Rolls-Royce Trent 900 engines running on 100% sustainable aviation fuel (SAF), produced from used cooking oil and waste fats by France’s Total Energies.
Aer Lingus has secured €200 million ($220 million) in fresh financing from the Ireland Strategic Investment Fund (ISIF), while Irish regional start-up Emerald Airlines has been granted €6 million.
As the EU enforces sanctions against Russia for its invasion of Ukraine, Europe’s air transport industry has new problems to solve, ranging from the financial health of its carriers to air traffic management and a post-war relationship with Russia.
