29 January 2021

Lilium and Ferrovial sign framework agreement to create ten-plus Florida vertiport network

Other News, Top Stories

Lilium, an aviation company developing an all-electric, vertical take-off and landing (eVTOL) jet aircraft, and Ferrovial, a global leading infrastructure operator, have signed a framework agreement for the creation of a minimum ten-vertiport network covering locations across Florida. Vertiports provide infrastructure for landing and taking off with passengers, plus recharging as part of an alternative, […]

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Southwest Airlines ends 2020 with net loss of US$3.1 billion

Financial

Southwest Airlines’ fourth-quarter 2020 total operating revenues decreased 64.9%, year-over-year, to US$2.0 billion, as a result of continued negative impacts on passenger demand and bookings due to the pandemic. Fourth-quarter 2020 operating revenue per ASM (RASM, or unit revenues) was 8.48 cents, a decrease of 40.8%, primarily driven by a load factor decline of 29.3

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Satair and Honeywell Aerospace sign multi-year distribution agreement for commercial aviation aftermarket

MRO & Production

Satair and Honeywell Aerospace have signed a multi-year commercial agreement covering the exclusive worldwide distribution for mechanical and air thermal components for use on Airbus A320, A330, A340, and A380 aircraft. Additionally, the distribution agreement covers the A350 platform on a non-exclusive basis. This new agreement expands upon a long-standing and successful business relationship between

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U.K. travel bans extended as United Arab Emirates, Burundi and Rwanda added to red list

Other News

The U.K. government has taken the decision to ban travel to the U.K. from the United Arab Emirates (UAE), Burundi and Rwanda to prevent the spread of the new coronavirus variant originally identified in South Africa into the U.K. From 1pm on Friday January 29, passengers who have been in, or transited through, the United

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