The Tata group’s purchase of a larger holding in joint venture AirAsia India (AAI) could help spur consolidation in the Indian airline industry as it rebounds from the COVID-19 crisis.
Industry’s push to get revised training standards for U.S. mechanic educational programs received a boost in the recent stimulus bill, as Congress included language that calls on the FAA to issue a new rule by midyear.
The board of Vietnam Airlines has approved a proposal for the flag carrier to issue VND8 trillion ($346 million) worth of new shares to tide it over for 2021.
Airlines For America (A4A) is urging the U.S. government to expand required testing of international airline travelers for COVID-19 and lessen restrictions on travel between the U.S. and foreign destinations.
France plans a recapitalization for Air France-KLM to help it face up to the post-COVID-19 operating environment, transport minister Jean-Baptiste Djebbari said Jan. 3.
Canada is adding another layer onto its travel restrictions through a requirement that all travelers entering the country must present a negative COVID-19 test while maintaining a mandatory 14-day quarantine.
European air traffic is set to return to just 51% of 2019 levels in 2021 according to the latest forecast by the continent’s network manager Eurocontrol, highlighting the challenges European airlines face as the new year gets underway.
The publicly traded aerospace and defense (A&D) sector saw its share prices fall 16% collectively in 2020, with commercial aerospace companies plummeting 21% and defense companies dropping 8%, according to Vertical Research Partners.
Wizz Air Abu Dhabi, a joint venture between the Hungarian ULCC and Abu Dhabi state holding company ADQ, will begin operations later this month with flights from the emirate to Athens.
The Trump administration’s trade representative announced Dec. 30 that it would recalculate how it applies punitive tariffs on EU goods stemming from the Airbus-Boeing airliner subsidy dispute, and will expand targeted imports to include large aircraft parts from Germany and France.
Lockheed Martin announced on Dec. 28 that it had delivered 120 F-35As in 2020, a year complicated by supply chain disruptions of the program’s global production system.
British Airways (BA) plans to transfer a small group of long-haul routes to London Gatwick from London Heathrow for the start of the airline industry’s summer season.
Abu Dhabi, the federal capital of the United Arab Emirates and one of the seven that constitute the small desert nation, has eased its strict quarantine regulations.
Heico is gaining ground with lessors as they embrace more cost-friendly options for cash-strapped airlines, the OEM-alternative-parts specialist reports.
The FAA, in a grant of COVID-19-related relief, has extended deadlines for proficiency and competency checks and completion of crew training, following a petition from the National Air Transportation Association.
U.S. business aviation activity remains in a plateau, with flight operations falling 17% in November, down from October activities, and yearly declines remaining in the mid-teen ranges during the second half of 2020, a report by J.P. Morgan analysts says.
More than 32,000 furloughed airline employees received a second lifeline from the U.S. Congress, but their newfound job security may prove to be fleeting.
NATO is hoping to declare an initial operating capability for its Alliance Ground Surveillance fleet of Northrop Grumman RQ-4 Global Hawks in early 2021 after plans were delayed by the novel coronavirus pandemic.
