Having announced in November last year that it intended to become the major shareholder in Asiana Airlines Inc with a US$1.59 billion investment. Korean Air Lines (Korean Air) has revealed that it anticipates that two years after the purchase has been concluded the two rival airlines will be integrated. In addition, Korean Air intends to […]
Southwest Airlines has announced the purchase of advanced CFM International LEAP-1B engines to power 100 Boeing 737 MAX 7 aircraft. Southwest originally launched the LEAP-1B engine on the 737 MAX in 2011 with an order for 150 firm aircraft. The new airplanes are scheduled to begin delivery in 2022. CFM’s advanced LEAP engine continues to
Southwest Airlines opts for CFM LEAP-1B engines to power 737 MAX 7 aircraft Read More »
Corsair has taken delivery of its first A330-900 aircraft, on lease from Avolon, to join the French airline’s fleet. By selecting a total of five A330neos, Corsair is executing its strategy to become an all-A330 operator. Thanks to the A330neo’s latest technologies, Corsair will benefit from cost-effective and eco-efficient solutions. The aircraft features 352 seats
Corsair takes delivery of first A330neo on lease from Avolon Read More »
The U.S. Navy has awarded Boeing a US$1.6 billion production contract for the next 11 P-8A Poseidon aircraft. Nine aircraft will join the U.S. Navy fleet and two will go to the Royal Australian Air Force (RAAF), a cooperative partner in the P-8A joint program since 2009. The contract brings the total number of U.S.
U.S. Navy places order for more P-8A aircraft Read More »
Swiss International Air Lines (SWISS) has appointed Romain Vetter as its new Head of Western Switzerland. Together with his team, Vetter will be in overall commercial charge of SWISS’ business activities throughout Western Switzerland, reporting directly to Chief Commercial Officer Tamur Goudarzi Pour. He succeeds Lorenzo Stoll, who will assume his new duties as Head
SWISS appoints Romain Vetter as head of Western Switzerland Read More »
Marking a milestone in its 89-year history, Alaska Airlines celebrated its first day as a member of oneworld on March 31. Alaska became the 14th full member of the global alliance, just eight months after receiving a formal invitation from oneworld in July 2020. With safety protocols in place due to the pandemic, Alaska and
Alaska Airlines officially joins oneworld Read More »
British Airways has invested in ZeroAvia – a leading innovator in decarbonizing commercial aviation – in an effort to accelerate the development of 50+ seater aircraft capable of running on zero emissions hydrogen-electric power. British Airways and a group of investors including Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and
German startup Lilium, which specializes on electric-powered vertical take-off and landing (VTOL) aircraft for inter-city travel has announced it is to float on the U.S. stock market through a reverse merger with Quell Acquisition Corp, a blank-check acquisition company. The deal values the combined businesses at US$3.3 billion and the merger is similar to that
Lilium looks to US$3.3 billion SPAC deal for U.S. flotation Read More »
Emirates has announced it will resume four-weekly services to Orlando from June 2, 2021, further expanding its U.S. network, and offering customers worldwide more travel choices and enhanced connectivity via Dubai. With the addition of Orlando, Emirates will be serving over 60 weekly services to and from 11 U.S. destinations including Boston, New York (JFK),
Emirates expands U.S. network with restart of flights to Orlando Read More »
AerCap (AerCap) has signed lease agreements with Norse Atlantic Airways for the lease of six used Boeing 787-9s and three used Boeing 787-8 aircraft. All nine aircraft are powered by Rolls Royce Trent 1000 engines and are scheduled to begin delivery during 2021. Norse Atlantic Airways, based in Norway, plans to launch long-haul low-cost services,
AerCap and Norse Atlantic Airways sign lease agreements for nine Boeing 787 aircraft Read More »
