Responding to a congressional directive to exercise leadership in enabling the return of supersonic air travel, the FAA has proposed noise certification regulations for new supersonic aircraft.
Avia Solutions Group—which is active in wet leasing, maintenance and training—has completed its acquisition of Iceland-headquartered cargo airline Bluebird Nordic for an undisclosed sum.
IATA is pushing for broad adoption of travel vouchers in place of requiring airlines to refund passengers when flights are canceled during the COVID-19 crisis.
British Airways (BA) has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021.
The board and management of South African Airways (SAA) has thanked the SAA crew who flew a chartered aircraft which repatriated citizens from Wuhan, where the coronavirus originated.
The International Air Transport Association (IATA) has published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39 billion.
The FAA has fast-tracked a mandatory software upgrade developed by Pratt & Whitney to address PW1500G in-flight shutdowns linked to variable inlet guide vanes, including one in February on an Air Baltic Airbus A220-300.
A 40% drop in global revenue passenger miles followed by a rapid snap-back and leveling out of 5% year-over-year growth starting in 2023 would cut near-term new-aircraft demand about 25% from pre-coronavirus pandemic estimates, Vertical Research Partners analysts conclude.
UK LCC easyJet has grounded its entire fleet in response to the COVID-19 pandemic, while Irish LCC Ryanair continues to operate just 10% of its aircraft.
Aeroflot LCC subsidiary Pobeda Airlines is suspending all flights from Apr. 1 until May 31, following the Russian government’s recommendation for the country’s resorts to halt operations to combat the spread of COVID-19.
Vietnam Airlines is cutting its domestic network to a handful of flights on trunk routes in response to tighter government restrictions in response to the COVID-19 pandemic.
Qantas pilots have voted to accept new contract conditions that would allow ultra-long-haul flying, although plans to order aircraft for such flights are on hold.
OneWeb, a connectivity provider that was targeting commercial aviation, has filed for Chapter 11 and is seeking a buyer after investment negotiations fell through because of the COVID-19 crisis.
The proposed Air Canada-Air Transat merger would create too many monopoly markets with high barriers to entry for potential competitors, higher fares, and less choice, Canada’s Competition Bureau said, setting the stage for potential concessions from the companies if Transport Canada agrees with the conclusions.
