By Joe Anselmo, Jens Flottau, Daniel Williams, Ron Epstein
Bank of America’s Ron Epstein joins our experts to assess the industry’s reliance on Russian metals and whether lessors could lose hundreds of aircraft.
Airbus is continuing to build the industrial team for the CityAirbus NextGen eVTOL, partnering with Spirit AeroSystems to design and manufacture the multi-copter’s wings.
The number of Western aerospace companies cutting off support for Russian and Belarusian customers continues to increase, with conglomerate Raytheon, training specialist CAE and Honeywell joining a list that includes major airframe and engine manufacturers.
The Joby Aviation electric vertical-takeoff-and-landing aircraft that crashed on Feb. 16 during a remotely piloted flight test experienced a component failure, according to the U.S. National Transportation Safety Board’s preliminary report.
With 15 years of experience with hydrogen propulsion over six generations of fuel-cell powertrain, Germany’s H2Fly is preparing to take the next steps: flying on liquid hydrogen and moving up to a 40-seat regional airliner.
One of the most interesting by-products of the COVID-19 pandemic is the establishment of new partnerships and potential mergers by airlines in the Americas to carve out competitive positions as the recovery continues.
Training systems provider CAE has added another advanced-air-mobility startup to its customer ranks with an agreement to develop the flight-simulation training devices for Joby Aviation’s electric vertical-takeoff-and-landing (eVTOL) air taxi.
Cargo activity is continuing to boom despite slower January growth, with DHL Express placing an order for six additional Boeing 777Fs, Air Transport Services Group (ATSG) inducting its first A321 conversion and Ethiopian Airlines agreeing to a new multimodal air-sea partnership with two companies in Djibouti.
Cathay Pacific managed a return to profit for the second half (H2) of 2021, although this hard-won progress is under threat in the early months of 2022 due to stricter COVID-19 regulations in Hong Kong.
Malaysia will fully open its borders to vaccinated travelers starting April 1, becoming one of the first Southeast Asia nations to allow passengers to enter the country without quarantine.
Ethiopian Airlines has signed a strategic partnership agreement to jointly commence sea-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti.