Sharjah-based Air Arabia and the Armenian National Interests Fund (ANIF) signed an agreement July 14 to create an independent joint venture airline that will operate as an LCC.
The European Commission has laid out sweeping new sustainability legislation for aviation that includes tighter rules for its emissions trading scheme (EU-ETS), quotas for sustainable aviation fuel (SAF) and a fuel tax for intra-European flights.
There could be an opportunity for AirAsia’s Indonesian unit to improve its market position when travel restrictions ease in Indonesia, according to AirAsia Group CEO Tony Fernandes.
KLM has declared that its network to the Caribbean and South America has regained its old strength now that the carrier is serving 17 destinations this summer.
Aimed at enabling single-aisle airliners to burn carbon-free hydrogen in turbine engines, GKN Aerospace is leading a two-year Swedish-funded research project.
Universal Hydrogen will retrofit ATR 72 and de Havilland Canada Dash 8 regional turboprops operated by Icelandair, Air Nostrum and Ravn Alaska with hydrogen fuel-cell power trains.
The International Air Transport Association (IATA) warned that the reliance on taxation as the solution for cutting aviation emissions in the EU’s ‘Fit for 55’ proposal is counter-productive to the goal of sustainable aviation.
When it comes to crossover narrowbody jets, the number of lessors which have ordered from either the Embraer E-Jets E2 family or the Airbus A220 pairing is considerably fewer than those with Airbus A320neos or Boeing 737 MAXs in their portfolios.
As alternative propulsion concepts show promise to help decarbonize aviation, leaders in the commercial aviation, advanced air mobility and business aviation markets have joined forces to establish carbon credits for emissions reductions enabled by electric- and hydrogen-powered aircraft.
American Airlines is projecting total 2021 second quarter (Q2) revenue to be down 37.5% compared to 2019’s comparable period, an improvement from its previous estimate of down 40%, the company said July 13.
Latin American airports are speaking out concerning operational restrictions in some of the region’s countries, warning that the imposed constraints are limiting air traffic recovery.
In a further sign of the growing strength of the market for converted narrowbody cargo capacity, lessor BBAM Aircraft Leasing & Management has signed up for a further 12 Boeing 737-800BCF freighters.
