By Joe Anselmo, Christine Boynton, Jens Flottau, Guy Norris
Less than four years after boldly pledging to reach net zero emissions by 2050, IATA appears to be dropping the target. Is the airline industry abandoning sustainability or just acknowledging reality?
Aircraft lessors have benefited from rising lease rates, but slow aircraft production expansion and shifting U.S. economic policy are making growth harder.
After a year of trying to fix ailing suppliers, GE Aerospace Chairman and CEO Larry Culp cautions against expectations of near-term relief amid some progress.
Robinson Helicopter Company has announced the launch of the R88, its much-anticipated new large rotorcraft and the company’s first major product-line refresh since the R66 turbine was revealed in 2007.
Advanced air mobility ambitions, crewed-uncrewed teaming, drone production and an expanded rotorcraft family are key thrusts in Robinson’s growth plan.
The association questions whether airlines can achieve net-zero emissions by 2050, receiving applause from the industry and criticism from environmental groups