Israel’s Finance and Transportation Ministries have issued a joint statement announcing that the country’s cabinet has approved a further round of borrowing for carriers that have been affected by the ongoing COVID-19 pandemic. A total of US$44 million will be made available in the form of interest-free, three-year bonds. According to REUTERS news agency, any
European planemaker Airbus has enjoyed a successful time at the Dubai Airshow, the first expo of its type since the global pandemic struck in 2019. The company has secured 269 firm orders and 139 commitments across its full range of commercial aircraft, a first order for the A350F freighter derivative, as well as sales of
Fraundorfer Aeronautics has unveiled its new Tensor 600X gyrocopter at European Rotors in Cologne. With a maximum cruising speed of 200 kph, the aircraft also has a range of 600 kilometres and is destined as a solution for personal mobility. Compared to a traditional helicopter, the TENSOR 600X is roughly twice as efficient owing to
Mammoth Freighters (Mammoth) founded to develop, convert and support both models of the most productive and economical Boeing 777 long-range freighter, has announced that Canada’s Cargojet will become the launch customer for its new 777-200LR freighter. Cargojet has signed a sales agreement for two 777-200LRMFs (long-range Mammoth Freighters), with additional options for two -300ERMFs (extended
DHL Express (DHL) has announced from the Dubai Air Show that it has placed an order for nine 767-300 Boeing Converted Freighters (BCFs), it’s largest order to date for the aircraft type. The acquisition will help expand DHL’s long-haul intercontinental fleet respond to increased global demand for cargo capacity. DHL has already taken delivery of
Phoenix, Arizona-based Indigo Partners has placed an order for 255 new Airbus A321 jets which, at list price, is valued at US$33 billion (£24.6 billion). The agreement was signed on Sunday, November 14, at the Dubi Airshow 2021. The private equity firm, which has controlling interests in America’s Frontier Airlines, JetSmart, Volaris and European low-cost
Boeing Co. has accepted liability for the crash of the Ethiopian Airlines 737 MAX on March 12, 2019, in which all 157 passengers and crew were killed, according to a filing in the US District Court in Chicago. In a statement Boeing admitted under the agreement “that the 737 MAX had an unsafe condition and
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
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
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
