Eve Holding helped push the AAM Stock Composite up by 2% for the five market trading days ending Sept. 12 when compared to the previous five-day period.
The company wants to certify its technology for continuous autopilot engagement through all phases of the Cessna 208’s operations, including taxi, takeoff, cruise, landing, braking and rollout.
A New York bankruptcy court has approved Scandinavian Airlines’ (SAS) $700 million debtor-in-possession financing, which is being provided by U.S.-headquartered Apollo Global Management.
Romanian LCC Blue Air has postponed its relaunch by a month to Oct. 10, citing cashflow issues, after the airline was forced to halt operations on Sept. 6.
Already operating a 737-800F in Thailand, the new additions make more operational sense as AirAsia Group is already operating more than 200 Airbus A320 family aircraft in the region.
Colombian startup Ultra Air plans to nearly double the aircraft in its fleet in 2023 and add eight aircraft annually to its operations during the next three years, CEO William Shaw said.
Australasia’s widebody fleet has been slow to rebound from the COVID-19 pandemic, and reduced aircraft numbers are constraining airlines’ ability to meet surging international demand.
United took a conservative approach to retiring grounded aircraft during the downturn. That move paid off, but also has the carrier eyeing replacements.
Qatar activated the processes for operation of its own Flight Information Region (FIR) Sept. 8, in the first major change in decades to air traffic control (ATC) arrangements in the Gulf.
While the air cargo industry is returning to more normal levels—after an array of pandemic-related factors led to a period of elevated demand and limited supply—the sector, much like the air passenger business, still faces multiple hurdles in the months ahead.
