The International Air Transport Association (IATA) has released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022.
Software and technology provider Sabre Corporation and India’s largest travel agency, Akbar Travels (Akbar), have signed a new long-term, strategic partnership agreement to further expand Sabre’s footprint in the Indian subcontinent while driving operational efficiencies to increase productivity and profitability for Akbar. Under the extended and expanded agreement, Sabre will continue to be Akbar’s preferred
Brazil, home to the world’s third-largest commercial plane manufacturer, has decided not to pursue its complaint against Canada over what it saw as unfair subsidies paid to rival manufacturer Bombardier. At the time of the initial complaint, Bombardier was producing the CSeries of jets, a direct competitor for Embraer’s own ERJ series. That situation changed
Lufthansa has decided to use the interruption caused by the pandemic to modernize the existing training concept at its in-house flight schools. The principle of ab-initio training will remain in place, as it has been proven to be successful for decades. However, in the future, a so-called “campus model” framework will provide modern, digital forms
Following a previously secured agreement with Scandinavian Airlines in late July 2020, Aviator Airport Alliance AB successfully launched the start-up of ground handling operations for the airline across multiple airports in Norway. Over the next five-year period, which commenced February 1, 2021, Aviator will be the provider of ground handling and de-icing services for SAS
The Qantas Group has announced the future locations of its flight simulators, with pilots to be trained in Brisbane, Sydney and Melbourne. The relocation has been triggered by the need for Qantas to move its current simulator center from Mascot in Sydney to make way for a major roads project. This process has subsequently formed
On a 39-25 vote, the House Transportation and Infrastructure Committee has approved US$42.5 billion for transportation sectors, including US$8 billion to U.S. airports and concessionaires and US$3 billion for a temporary payroll support program for aerospace manufacturing, as part of a COVID-19 relief plan. Airports and concessionaires had previously benefitted from US$12 billion in financial
Astronics Corporation (Astronics) has been awarded an order of approximately US$11 million from Collins Aerospace (Collins) for business jet connectivity equipment. The order is a follow-on to previous orders for inflight connectivity (IFC) hardware that Astronics has been providing to Collins. Astronics’ equipment supports the growing interest in the business jet connectivity services offered by
British Airways (BA) has announced that it is to start introducing blended fuel into its transatlantic flights from 2022. BA will be investing in a new Georgia-based LanzaJet U.S. plant which will produce sustainable aviation fuel (SAF) at a commercial-scale volume, which will be made from ethanol which has been derived from agricultural and other
NetJets has announced a dual investment in sustainable air fuel producer Wastefuel. As the only private aviation company to invest in the production of sustainable aviation fuel (SAF), NetJets has acquired a stake in WasteFuel in addition to agreeing to purchase 100 million gallons of SAF over the next ten years. Currently the two companies
