Three months after terminating its takeover agreement for Air Europa, International Airlines Group (IAG) has provided a convertible loan to the carrier’s owner Globalia which gives the London-based group the option of buying up to 20% of Air Europa’s equity.
Royal Air Maroc canceled the two remaining Boeing 737-8s that it had on order amid the worst of the pandemic but the airline is now looking to press ahead with its fleet renewal program providing market conditions stabilize.
Oneworld says it is closely monitoring the situation in Ukraine but will not tell its constituent carriers how they should respond to the sanctions imposed on the alliance’s Russian member S7 Airlines.
Delta is the first U.S. airline to partner with the European airframer in its Airbus “ZEROe” aircraft development program, which was unveiled two years ago with a potential service entry date by 2035.
Latvian flag-carrier airBaltic faced a 30% drop in bookings when Russia invaded Ukraine, but the carrier is confident it will compensate for lost revenue with other destinations.
Howmet Aerospace sees potential for growth as airframe and engine manufacturers shift their titanium supply chain sourcing away from Russia but will not alter its business strategy to chase market share, its top executive said.
New Zealand’s upcoming move to allow entry for Australian residents will mark the final step in reopening a cross-border market that is crucial to the major airlines in both countries.
Taiwan’s China Airlines is forecasting that demand for its air cargo services will benefit from increased congestion at sea ports and persistent labor shortages that continue to disrupt the supply chain.
New Jersey authorities are seeking proposals from companies interested in developing a 400-acre parcel at Atlantic City International Airport for aviation facilities.
Air Lease Corp. is maintaining “good communication” with its Russian customers and is confident that its leased aircraft will be returned, where necessary, and relationships with the carriers will leave room for future deals if the geopolitical environment permits such opportunities.
Emirates SkyCargo is reactivating its “dual hub” freight policy in Dubai, while Amsterdam Schiphol Airport and ground services company Dnata have begun work on a major new freight building.
In what may be seen as a harbinger of the end of the pandemic, London Heathrow has dropped the requirement for passengers and others to wear a face mask when traveling through the airport.
A public-private initiative launched at EU level says it is relevant to focus CO2-minimizing technologies on short- and medium-haul flights—essentially, narrowbodies—because that segment emits most of the industry’s CO2 globally.
Citing the need to loosen Russia’s grip on Europe’s energy supply, Denmark’s government has announced a series of measures to accelerate the production of green fuels from renewable energy, including synthetic e-kerosene for aviation.
South African airline Comair remained grounded for a fifth day March 16 as the country’s regulators continued to plow through paperwork intended to get the carrier back into the air.
The European Union Aviation Safety Agency (EASA) has outlined the details of how it is implementing EU sanctions against Russia and decided, among other things, to suspend certificates of airworthiness and put on hold all pending certification applications.
Air Astana remains cautiously optimistic about being able to compensate customers for canceled flights to Russia as other destinations and markets open up.
Universal Hydrogen (UH2) and fuel-cell powertrain developer H3 Dynamics have partnered to develop zero-emission propulsion systems for unmanned aircraft, air taxis and new-design regional aircraft.
