Bcomp, a Swiss startup producing composites using natural fibers, has received an investment from Airbus Ventures as part of a CHF34 million ($35 million) Series B financing round led by BMW i Ventures.
United Airlines is blaming JetBlue Airways and Spirit Airlines for recent operational issues at Newark Liberty International Airport (EWR) and has urged the FAA to intervene to improve gridlock at the airport.
EasyJet is expecting to post a headline pre-tax loss of £535-565 million ($697-736 million) for the six months ending March 31, as the LCC strives to return operations to pre-pandemic levels.
Parker Hannifin has committed to divest its aircraft wheels and brakes business to secure European Commission approvals for its acquisition of UK-based aerospace supplier Meggitt.
Jakarta-based Pelita Air Services has taken delivery of its first pair of Airbus A320s as it prepares to commence commercial passenger service starting in mid-2022.
India's domestic air passenger traffic is estimated to have grown by around 59 per cent year-on-year to 84 million in FY22, said credit ratings agency Icra.
Air France-KLM has converted the letter of intent it signed last December to buy four Airbus A350F aircraft into a firm order that includes purchase rights for an additional four of the new-generation freighters.
Icelandair wants its short domestic flight routes and ample access to green energy to be at the forefront when it comes to energy transition in aviation.
JetBlue Airways blamed staffing shortfalls for a decision to cut back its planned schedule for May and the rest of the summer, following a weekend that saw it cancel hundreds of flights because of crewmember shortages.
