However, the Chinese New Year demand and potential escalation of military conflict in the Middle East could drive air cargo charges further in the coming weeks.
Cebu Pacific says in a stock market filing that it is in talks with both Airbus and Boeing and expects to place an order within the first half of this year.
“We’re not going to point fingers,” the Boeing CEO said. “Because, yes, it escaped their factory; but then it escaped ours too. So, we’re all in this together.”
Lilium has announced a partnership with airport operator Fraport aimed at defining requirements for a network of vertiports across Germany and nearby countries.
The proposed merger would bring the AirAsia Group more in line with other major Asia-Pacific LCCs that operate widebodies and narrowbodies in a single airline
GKN Aerospace has announced a £50 million ($64 million) investment to create additive manufacturing capability at its Trollhattan, Sweden, production facility.