China’s major carriers have warned investors that first half (H1) losses will widen, primarily due to rising fuel costs and pandemic lockdowns in major hubs like Shanghai.
Emirates chief Sir Tim Clark and IATA director General Willie Walsh have criticised airport operators including Heathrow for failing to adequately prepare for the sharp post-pandemic uptick in demand for air travel.
Saudi Arabia’s newly established aviation financing and leasing company AviaLease was formally launched on the sidelines of the Farnborough Airshow with its first leasing deal being done with Saudi carrier Flynas.
The recent establishment of a second 737-800 freighter conversion line at Boeing's MRO facility at London Gatwick signals its strategy of providing flexibility in search of capacity.
The application will allow Joby’s U.S.-based certification to be concurrently validated by the UK’s Civil Aviation Authority, accelerating access to the British market.
Airbus A380s have been a rare sight in Asia-Pacific skies over the past few years, but the recent surge in international demand has seen more carriers bringing A380s out of storage.
