"We are confident of a strong rebound in the region’s traffic and expect it to reach 2019 levels between 2023 and 2025,” said Christian Scherer, Airbus chief commercial officer and head of international.
In addition to confirming an order for 28 Airbus A320neo family aircraft, Kuwaiti LCC Jazeera Airways reported a return to profit in 2021, despite continuing pandemic-related restrictions.
This marks the third tranche of state support that the EU has approved for Finnair, following earlier clearances in May 2020, June 2020 and March 2021.
Embraer’s preparations for the possible launch are focusing almost entirely on the selection of an engine manufacturer and the question to what extent the powerplant will include new technology.
Electric aircraft startup Eviation has announced the departure of co-founder Omer Bar-Yohay as CEO and appointed the company’s president, Greg Davis, as interim CEO.
It is déjà vu all over again for the aerospace world when it comes to Russia, Ukraine and titanium. So what should industry stakeholders take away from the conflict’s potential effects on aerospace’s prospects?
Kuwait’s National Aviation Services (NAS), which is looking to acquire Scottish ground services rival John Menzies, has insisted that its takeover proposal is fair and is calling for talks with management to move the process forward.
Ukraine’s government said it would take on the financial commitment for the safety of aircraft in its airspace as concerns among airlines and insurers led to flight disruptions amid rising fears of a Russian invasion.