Aviation Daily Roundup: July 27, 2021

GE Aviation Posts Profit, Points To Services Recovery

Credit: Sean Broderick/AWST

Steady increases in key metrics including departures and spare parts sales have GE executives confident that its aviation services unit is headed in the right direction and original equipment (OE) sales are poised to follow as aircraft production rates increase, company executives said.

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Daily Memo: What Midyear Financial Reports Say About The State Of Aerospace Business

Credit: Saul Loeb/AFP/Getty Images

With midyear financial reports starting to emerge, financial analysts have been poised to approve the Western aerospace industry’s latest quarterly results with modest relief.

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European Commission Reapproves State Support For Condor

Credit: Ina Fassbender/AFP/Getty Images

The restructuring of German leisure airline Condor and planned renewal of its aging fleet can move forward after the European Commission (EC) found that state support totaling €525.3 million ($617 million) was in line with EU State Aid rules.

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European Commission Allows Grants For Italian Airports

Credit: Miguel Medina / AFP / Getty Images

The EC has waved through an Italian scheme to provide the country’s airports with €800 million ($945 million) in direct grants.

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Bangkok Airways To Restart International Flying

Credit: Romeo Gacad/AFP/Getty Images

The resumption comes as Thailand progressively reopens to international visitors despite a surge in COVID-19 cases.

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WestJet Expands Codeshare Partnership With KLM

Credit: Niels Wenstedt/BSR Agency/Getty Images

The agreement covers routes from Amsterdam to 18 cities across Europe.

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Joby Achieves 150 Mile-Plus Flight On Single Charge

Credit: Joby Aviation

The California-based electric air taxi developer has marked a key flight test milestone by flying a full-size S4 prototype to its design range of more than 150 mi. on a single charge.

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UK Government Unveils ‘Green Fuel’ Contest Finalists

Credit: Nova Pangaea

Sustainable aviation fuel (SAF) projects ranging from the capture of atmospheric carbon dioxide to processing of sewage have been shortlisted for funding under a UK government contest designed to promote alternative fuel production technologies at commercial scale.

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GE Aviation posts profits, a European Commission reapproves state support for Condor and more.

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