Lufthansa subsidiary Austrian Airlines is preparing for a competitive summer 2022 season as LCCs Ryanair and Wizz Air ramp up their presence at Vienna International Airport.
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Embraer CEO Francisco Gomes Neto said that the E175’s status as the only scope-compliant large regional jet “still in production today” ensures it will continue to sell heavily to airlines in the U.S. over the next 10 years.
Average material spend on CFM International engine overhauls remains slightly lower than in 2020, but general aftermarket trends are improving, Safran executives report.
U.S.-based satellite communications provider Viasat on Nov. 8 announced a definitive agreement to acquire UK-based Inmarsat in a transaction valued at $7.3 billion that would create an unrivaled, multiband space and terrestrial network serving aviation, maritime and other markets.
International Airlines Group (IAG) is not too concerned about JetBlue’s launch of transatlantic service to London, after concluding that capacity could remain lower in the market during 2022.
The U.S. lifted a pandemic travel ban on foreign arrivals Nov. 8, paving the way for a meaningful restart of international air travel that will restore a large chunk of missing revenues for legacy airlines.
UK-India startup Hans Airways has made substantial progress toward its air operator’s certificate (AOC), but its launch is being held up by a frequency cap on UK-India flights.
LCC Norwegian has signed letters of intent (LOIs) to lease up to 13 more Boeing 737-800NGs, while new local rival Flyr has announced a NOK250 million ($29 million) capital increase.