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.
The family of Energia-branded concepts—with all-electric, hybrid-electric or hydrogen-fueled propulsion for low emissions and noise—are aimed to enter into service between 2030 and 2040.
The Sydney Airport board has accepted a takeover bid from a consortium of investors after the prospective buyers raised their offer from previous unsuccessful attempts.
The MRO has returned to profitability but results were again propped up by the wage subsidies provided by Singapore that have been in place since the start of the pandemic.
Wright believes that by 2026 both hydrogen and aluminum fuel cells can meet its requirement for around 10 megawatt hours of energy storage on the BAe 146 to enable 1-hr. flights on routes of 400 nm or shorter.
