Given the massive financial losses at many European hubs as a result of COVID-19, Vienna Airport (VIE) got off relatively lightly in announcing a loss of €76 million ($90 million) for 2020.
Ethiopian Airlines has partnered with the African Centers for Disease Control & Prevention (Africa CDC) for the implementation of the African Union Trusted Travel Pass to make continental travel easier and safer amidst the COVID -19 pandemic.
An airline industry association has reportedly drafted a proposal to include federal funding of modern avionics in U.S. President Joe Biden’s expected trillion-dollar infrastructure package.
Saudi Arabian Airlines (SAUDIA) has signed a major financing agreement worth SAR11.2 billion ($3 billion), the largest of its kind in Saudi Arabia’s aviation sector history.
Australia’s competition watchdog has dismissed claims by Regional Express (Rex) that Qantas’ entry into thin regional domestic routes is anti-competitive.
International Airlines Group (IAG) plans to issue two series of senior unsecured bonds as it seeks to bolster its financial position in the continuing coronavirus pandemic.
The U.S. Transportation Department (DOT) is now requiring Hong Kong-based Cathay Pacific to file its U.S. flight schedules with the agency so it can determine if the company’s operations are creating adverse conditions.
Fraport, operator of Frankfurt Airport and 30 other airports globally, has confirmed that Frankfurt’s new Terminal 3 will not be ready for operations until 2026, the latest in a series of delays to the building.
Hybrid-electric pioneer Ampaire plans to conduct the UK’s first electric regional flight following a successful bid for funding support under the government’s £125 million ($174 million) Future Flight Challenge.
Airbus, Rolls-Royce, Neste and German research center DLR have teamed for the world’s first inflight study of the effects on emissions and performance of using 100% sustainable aviation fuel (SAF) on a widebody passenger aircraft.
