Startup HyPoint has entered into a $6.5 million collaborative agreement with Piasecki Aircraft to develop a hydrogen fuel cell propulsion system for electric vertical takeoff and landing vehicles.
Dublin-headquartered aircraft lessor Goshawk has extended a $500 million line of credit until July 2023 to fund narrowbody acquisitions throughout that period.
Dublin-based Emerald, newly appointed as an Aer Lingus franchise carrier, is ultimately planning to operate a fleet of 15 ATR 72s from four bases across the island of Ireland.
EASA has certified versions of the A330-800 and -900 that are significantly lower weight than the in-service A330neo fleet that can lead to a significant reduction in operating costs for airlines, making the aircraft more attractive to operators that don’t need the long-range capabilities.
After operating just eight routes to Europe in June, the carrier’s network has since increased to 19 and further resumptions are planned following Canada’s announcement to reopen international borders to fully vaccinated travelers from Sept. 7.
The airport proposal is part of the government’s National Monetization Plan (NMP), which aims to raise a total of INR6 trillion ($81 billion) over four years through license or lease arrangements for state-owned assets in several industry sectors.
As it prepares to begin a financial restructuring, Philippine Airlines has pushed out deliveries of new aircraft from Airbus to “align with the forecasted recovery of travel demand.”
Gulf Air has signed a multi-year agreement to renew for CHAMP’s flagship Cargospot suite – which includes Cargospot Airline, Handling and Revenue Accounting.
South Africa’s beleaguered state-owned airline, SAA, has appointed Thomas Kgokolo as interim chief executive officer. His task is to prepare the airline for the relaunch of flight operations – now provisionally expected in the third quarter of 2021. Guy Leitch asked how his herculean task is progressing.
Lynne Hopper, a central figure in the 737 MAX recovery effort, has been named the new vice president and general manager of Boeing Commercial Airplanes' recently centralized Engineering Strategy & Operations (ES&O) group.
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Bombardier’s Casablanca site was one of the assets acquired when Spirit AeroSystems swooped in to buy parts of the Canadian company’s aerostructures and aftermarket services business in October.
