Letters of intent to purchase aircraft are not orders, despite the propensity of advanced air mobility startups to describe them as such. But they do provide an indication of who is interested in these new types of aircraft.
Executives at American Airlines said that shifts in the composition of corporate travel demand are forcing the company to react in creative fashion, adjusting their airplane cabins and schedules to accommodate a rise in so-called “blended” travel.
The UK government is offering £10 million ($11.2 million) in funding for net-zero propulsion projects under a competition aimed at all transportation sectors including aviation.
A potential merger move by Air India may be about to deliver some of the consolidation in the Indian airline market that was expected to result from the privatization of the country’s flag carrier.