By Jen DiMascio, Graham Warwick, Steve Trimble, Guy Norris
From a competition among the world’s militaries to create weapons that can hit targets 1,000 mi. away within minutes, to innovations that could enable rapid civilian travel from New York to Hong Kong and multi-stage access to space, the pursuit of hypersonic technologies are pushing the limits of national budgets and the laws of physics.
Airports Council International Europe has criticized IATA’s call for an extension to slot-rule waivers, calling it premature and warning it could have negative consequences on air connectivity and economic recovery.
As the business aviation industry entered the new decade, Argus International analysts had been expecting North America flight activity to finally break 10,000 flights one weekday in 2020.
Ask the Editors: The resumption of airline traffic will drive demand for parts. We are already seeing signs that airlines in China and the U.S. are starting to add flights.
PTC says digital trends such as augmented reality, Internet of Things and predictive data analytics have become even more valuable during the novel coronavirus pandemic.
United Airlines announced a new $5 billion loan secured by its MileagePlus loyalty program, part of an effort to raise enough cash to survive even the most bearish recovery scenarios.
By Joe Anselmo, Michael Bruno, Jens Flottau, Guy Norris
John Slattery, who has led Embraer’s Commercial Aviation business since 2016, will become CEO of commercial and military aircraft engine giant GE Aviation on Sept. 1, replacing David Joyce, who will retire, General Electric announced June 15.
Commercial aftermarket revenues are on track to fall 50% in the second quarter (Q2), in line with an industry consensus that has global airline activity slowly increasing after hitting bottom in April, two new surveys show.