Shares in airlines have been hit hard as a result of yet another last-minute U.K. travel rule change. This time the British government announced on Friday that it was no longer considering allowing fully vaccinated arrivals from France without going into quarantine owing to the spread of a new variant of the coronavirus in France.
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.
The board of Sydney Airport Holdings has opted to reject last week’s offer of US$16.6 billion for Sydney Airport, which represented a 42% premium on the pandemic-affected value of the company. The offer came from the Sydney Aviation Alliance, a consortium comprising IFM Investors, QSuper, and Global Infrastructure Partners. Sydney Airport Holdings said on Thursday
On Wednesday, the European Union’s executive Commission made it clear that aviation must do more by 2030 to contribute to the EU’s goal to cut economy-wide net emissions by 55% from 1990 levels. As a consequence, current tax breaks enjoyed by airlines on jet fuel would see it become taxed in line with other transport
United Airlines Ventures (UAV), along with Breakthrough Energy Ventures (BEV) and Mesa Airlines, have invested in electric aircraft start-up Heart Aerospace. Heart Aerospace, located at Säve Airport in Gothenburg, Sweden, is developing the ES-19, a 19-seat electric aircraft that, before the end of this decade, has the potential to fly customers up to 250 miles .In addition
In a bid to disrupt the Canadian aviation landscape, Canadian carrier Porter Airlines has placed a firm order for 30 E195-E2 jets from Brazilian planemaker Embraer. In addition, the carrier has taken an option for a further 50 aircraft. With all options exercised, the deal is valued at US$5.82 billion at list price and Porter
Airbus will demonstrate its latest technological innovations and projects implemented in Russia at the International Aerospace Show which takes place in Zhukovsky from 20, to 25 of July. Key attractions will be the last-generation widebody A350-1000, which will be shown in the country for the first time, and the twin-engine EC145 rotorcraft. The A350-1000 is
Deutsche Lufthansa AG has again successfully issued a bond with a total volume of €1 billion. The bond, with a denomination of €100,000, was placed in two tranches with a term of three and eight years respectively, and a volume of €500 million each: the tranche with a term until 2024 bears interest at 2.0%
Deutsche Aircraft and H2FLY have announced the signing of a memorandum of understanding (MoU) to combine resources and collaborate in researching and developing hydrogen fuel cell technology for regional commercial aircraft. At the heart of the project is a Dornier 328 twin turboprop aircraft that will be converted to become a demonstrator aircraft with its
Israel Aerospace Industries’ (IAI) Aviation Group has agreed to establish a passenger-to-freighter conversion site to convert the Boeing 737-700/800 with Atitech at Atitech’s MRO center in Naples, Italy, following the rise in demand for cargo aircraft of this model. The cargo conversion site in Italy will join two existing cargo conversion sites in China. Atitech
