Air Transport

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.

Spirit AeroSystems was part of Boeing for 76 years, in between stints with Stearman and its current run as an independent supplier.

Deliveries of Boeing 737 MAXs edged out production in March with 34 official hand-overs against estimates of 31 new-aircraft rollouts.

New Romanian regional airline AirConnect is planning to launch this summer, deploying ATR 72s on domestic and leisure routes.

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.

Austria-based oil company OMV Schwechat Refinery, the country’s first producer of sustainable aviation fuel (SAF), is increasing its production.

Jeddah-based flyadeal is ramping up capacity in response to strong demand as Saudi Arabia continues to embrace the carrier’s low-cost offer.

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.

Jet Airways looks set to relaunch in October according to its chief executive Sanjiv Kapoor.

Ethiopian Airlines has announced the resumption of thrice weekly passenger flights to Bengaluru, India as of 27 March 2022.

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.