Boeing failed to meet its obligations in five of 12 areas specified in a 2015 agreement with the FAA that required various safety and quality-control improvements in its Commercial Airplanes division and will pay $5.4 million in new penalties as a result, the FAA said Feb. 25.
The company, which specializes in engines, cabin interiors and other aircraft equipment, released remarkable financial results, given the gloomy economic situation for the air transport industry.
Several EU policymakers have acknowledged the European aviation industry’s Destination 2050 carbon-neutral roadmap as a step in the right direction—but still just a starting point.
Senior transportation officials from the U.S. and Canada vowed to “reinvigorate” collaboration on decarbonizing aviation, part of a shared commitment to build back from the COVID-19 pandemic in an environmentally sustainable manner.
The airline industry in 2021 industry will, at best, be half the size it was in 2019. Yet the industry is betting the house on a substantial recovery in the 2021 second and third quarters. What's Plan B?
Scandinavian Airlines (SAS) is hopeful the COVID-19 vaccine rollout will lead to an ease in travel restrictions and an increase in travel demand as summer approaches.
Despite the Southeast Asian market being severely battered by the pandemic-related downturn, Boeing remains optimistic about the region’s long-term potential, predicting 1,590 new aircraft deliveries this decade.