Airbus, Tarmac Aerosave and Chengdu have signed a joint-venture agreement to establish China’s first aircraft storage, disposal and recycling facility.
All Nippon Airways parent returned to profitability in the fiscal year that ended March 31, although it predicts a slightly smaller profit in the current year.
This week’s top air transport stories include leadership changes at Airbus and FAA, and the latest news on airline sales and mergers involving Lufthansa Group.