8 May 2023

Air France-KLM

Air France-KLM and Apollo in talks over €500million cash injection

Air France-KLM has confirmed it has been in discussions with Apollo Global Management (Apollo), the private equity firm, for a second capital injection of €500 million, this time for one of its engineering maintenance units. According to the European carrier, the money will be allocated for general corporate purposes and that no workforce-related changes would …

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WorldACD Market Data shows global tonnages in April down by 10% compared to 2022

Global tonnages appear to have stabilised in the last week of April, following a mid-month increase after dropping sharply at the end of March and declining for several previous weeks, according to the latest weekly figures from WorldACD Market Data, with rates also stabilizing and even slightly rising after a period of decline. However, following …

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Embraer - Finep to develop demonstration platforms for new aeronautical technologies

Embraer and Finep to develop demonstration platforms for new aeronautical technologies

Embraer and the Financiadora de Estudos e Projetos (Finep), which promotes Brazil’s economic and social development through public funding for Science, Technology and Innovation, have signed an agreement for the development of platforms to demonstrate new aeronautical technologies. The formalisation of the partnership focused  on sharing the costs and risks inherent in research and development at …

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EASA publishes first proposal on assessment and limitation of air taxi noise

The European Union Aviation Safety Agency (EASA) has published the first proposal world-wide for the assessment of the noise generated by air taxis, addressing one of the top societal concerns relating to this new mode of urban transport. The Environmental Protection Technical Specifications (EPTS) are applicable to electric Vertical Take-Off and Landing (eVTOL) aircraft powered by …

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