Scandinavia to benefit from Embraer’s Eve and Widerøe collaboration on air mobility solutions

November 11, 2021

Eve Urban Mobility Solutions (Eve), an Embraer company and Widerøe Zero (Widerøe) have signed an MOU to develop urban air mobility solutions (UAM) in Scandinavia, focusing in particular on eVTOL (electric vertical take-off and landing) vehicle operations. With the creation of the Air Mobility Business Incubator, Widerøe Zero, the companies will use Embraer’s zero-emissions Eve

GE targets future with creation of three new public companies with focus on aviation

November 10, 2021

General Electric (GE) has announced its intention to create three independent industry-leading, global, public companies in the aviation, healthcare and energy sectors. It will achieve this through pursuing a tax-free spin-off of GE Healthcare, creating a pure-play company at the centre of precision health in early 2023, in which GE expects to retain a stake

Embraer unveils the Energia family – four new aircraft concepts en route to 2050 carbon neutrality

November 9, 2021

Brazilian plane manufacturer Embraer has just unveiled its latest-technology Energia family of four renewable-energy-propulsion aircraft. The concepts are the fruits of Embraer’s collaboration with an international consortium of engineering universities, aeronautical research institutes, and small and medium-sized enterprises in order to better understand energy harvesting, storage, thermal management and their applications where sustainable aircraft propulsion

Boeing directors propose US$237.5 shareholder settlement for 737 MAX safety oversight

November 8, 2021

Former and current Boeing directors have stood by their actions in relation to overseeing safety aspects of the design and construction of the ill-fated 737 MAX twin-engine jet involved in two catastrophic and fatal crashes over a five-month period which killed a combined total of 346 passengers and crew. Despite this, they have agreed to

Bleak outlook as predicted slew of cancelled flights likely to play havoc with US holiday flights

November 5, 2021

A very dark shadow has been cast over the forthcoming holiday period in America with major airlines across the country struggling to recruit staff as post pandemic-restricted travel demand surges. Even back in the summer flight cancellations owing to staff shortages were occurring, and the problem has been exacerbated by virtually all major airlines scrambling

Safran Aircraft Engines (Safran) and VietJet Air sign strategic collaborative MoU

November 4, 2021

Safran Aircraft Engines (Safran) and VietJet Air have signed a Memorandum of Understanding (MoU) to strengthen their strategic partnership. The MoU will encompass Safran’s business in commercial engines and the development of VietJet Air’s operations through the acquisition of jets, fleet management services, training and helping to set up on-site support capabilities. VietJet Air, which

Air Canada reports third-quarter revenues of CA$2.103 billion

November 3, 2021

Air Canada has released its third-quarter 2021 financial results, which reveal operating revenues of CA$2.103 billion, representing almost three times the operating revenues of CA$757 million in the third quarter of 2020. Negative EBITDA (earnings before interest, taxes, depreciation, and amortization), excluding special items, was CA$67 million compared to negative EBITDA (excluding special items) of

Struggling Thai Airways to take drastic measures – will offload 42 jets and slash workforce by a third

November 2, 2021

Founded in 1961, the flag-carrying airline Thai Airways International Public Company Limited (Thai Airways) has remained virtually unprofitable for the best part of a decade. The ailing carrier is now taking drastic measures to turn round the company’s fortunes by selling off 42 less-fuel-efficient aircraft, 16 aircraft which are on lease will also be returned,

Chaos as American Airlines forced to cancel 1,500 flights over the weekend and delay a further 1,000

November 1, 2021

A combination of bad weather and staff shortages forced American Airlines to cancel 367 flights on Friday, 551 on Saturday, and 634 on Sunday, blaming a combination of bad weather and staff shortages. “With additional weather throughout the system, our staffing begins to run tight as crew members end up out of their regular flight

Bombardier reports business aircraft revenues of US$1.4 billion for third quarter 2021

October 29, 2021

Bombardier has released its financial results for the third quarter of 2021. The company is pleased with continued execution on its strategic initiatives, cash flow generation and order momentum driving the financial results of the quarter. Business jet revenues of US$1.4 billion are up 17% year-over-year, propelled mainly by an improved delivery mix, with higher

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