Southwest Airlines will cut 1,750 jobs to create a leaner and more agile organisation © Southwest Airlines

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

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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Rex shareholders endorse PAG investment deal

Financial

Rex shareholders have endorsed the airline’s investment deal with PAG to fund its domestic operations, starting on March 1. Shareholders voted to approve the deal at Rex’s Annual General Meeting on January 29. Under the deal, PAG Regulus Holdings will fund up to AU$150 million to be used exclusively to support the launch and operation

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Air Peace takes delivery of first Embraer E2 jet

Aircraft & Engines

Air Peace, Nigeria and West Africa’s largest airline, took delivery of its first Embraer E195-E2 aircraft on January 27. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air Peace fleet in Nigeria. Air Peace is the launch customer in Africa for the E2 aircraft and

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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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Woes pile up as Boeing posts worst-ever annual loss and 777X launch further delayed

Financial, Top Stories

Boeing has released its fourth-quarter and full-year 2020 financial results, which do not make good reading. The company reported fourth-quarter revenue of US$15.3 billion, reflecting lower commercial deliveries and services volume primarily due to COVID-19 as well as 787 production issues, partially offset by a lower 737 MAX customer considerations charge in the quarter compared

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GKN Aerospace leads development of hydrogen propulsion system for aircraft

MRO & Production

GKN Aerospace will lead a ground-breaking U.K. collaboration program, called H2GEAR, to develop the company’s first hydrogen propulsion system for sub-regional aircraft. Hydrogen is expected to play a key role in the decarbonization strategy of aviation as it can power aircraft efficiently, leaving water as the only by-product. H2GEAR puts GKN Aerospace at the heart

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Qantas and bp form strategic partnership to advance net zero emissions

Other News

Qantas and bp have formed a strategic partnership to further advance their shared net-zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia. The two companies have agreed to explore ways in

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AvAir promotes Max Masterson to VP Sales

People

After four years as AvAir’s Director of Sales, Max Masterson has been promoted to Vice President of Sales. Masterson joined AvAir in 2017 as an account executive with nearly six years of sales and marketing experience and worked his way to Director of Sales. As Vice President of Sales, Masterson will guide the team’s productivity

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Airflow to develop full-scale pilot technology demonstrator

Aircraft & Engines

Airflow, an aerial logistics company building next-generation aircraft, has announced the development of a full-scale piloted technology demonstrator of an electric Short Takeoff and Landing (eSTOL) aircraft. For the last year, Airflow has been utilizing a sub-scale model for test flights that have helped develop eSTOL flight control technology. The next phase will transform a

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