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The European asset manager Attestor has acquired a 51% stake in Condor as planned. The transaction has been approved both by anti-trust officials and the EU Commission, which also issued state-aid approval for the acquisition of Condor through Attestor. The decisions cleared the way for Attestor to invest €200 million in fresh equity capital in

The first of the three A220s for Air Austral, France’s La Réunion Island-based airline, has been delivered from the Airbus A220 Final Assembly Line (FAL) in Mirabel, Canada. The second and third aircraft are expected to join the Air Austral fleet in the coming days. This A220 will be the first of the type to

Brazilian planemaker Embraer has released its operating figures for the second quarter of 2021. Of the 34 jets delivered, 20 were executive jets and 14 were commercial aircraft. Of the executive jets delivered, 12 were light aircraft and eight were large. In what represented a return to pre-pandemic levels, as at June 30, the backlog

On the anniversary of Neil Armstrong’s and “Buzz” Aldrin’s moon landing in 1969, Jeff Bezos and three fellow crew members successfully completed a 10-minute ten-second suborbital flight aboard Blue Origin’s New Shepard, reaching a maximum altitude of 66.5 miles (107 km). Describing the event as “Best day ever,” Bezos was accompanied by his brother Mark

Just two months after an electrical fault was discovered on a number of Boeing 737 jets, the FAA has now issued a directive for the operators of 9,300 of the jets, including 2,502 U.S.-registered ones, to perform repetitive tests on two cabin altitude pressure switches. Back in 2012, 737s were fitted with one pressure switch.