The U.S. Federal Aviation Administration (FAA) has approved the design for the Boeing 737 series MAX 8200 variant, which also includes all of the design improvements recommended for the 737 MAX following a 20-month review after the two fatal air crashes. The approval from the FAA moves Boeing one step closer to delivery of the
Having announced in November last year that it intended to become the major shareholder in Asiana Airlines Inc with a US$1.59 billion investment. Korean Air Lines (Korean Air) has revealed that it anticipates that two years after the purchase has been concluded the two rival airlines will be integrated. In addition, Korean Air intends to
British Airways has invested in ZeroAvia – a leading innovator in decarbonizing commercial aviation – in an effort to accelerate the development of 50+ seater aircraft capable of running on zero emissions hydrogen-electric power. British Airways and a group of investors including Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and
Southwest Airlines has completed its previously disclosed discussions with Boeing regarding the restructuring of its delivery schedule for MAX aircraft. The company has completed the multi-year evaluation of the successor aircraft to its Boeing 737-700 model, with the selection of the Boeing 737 MAX 7 aircraft. Southwest Airlines and Boeing reached an agreement on 100 firm orders
Boeing has announced it has recommenced deliveries of its 787 Dreamliner jet, having handed over one of the wide-body jets to United Airlines on Friday, March 26. The American planemaker is currently working through a raft of production defects that have kept dozens of the aircraft on the ground. However, Boeing remains on target with
As with many commercial aviation businesses, RECARO Aircraft Seating (Recaro) has been heavily impacted by the COVID-19 pandemic, which has been reflected in the company’s 2020 financial results which were released this Thursday where it, earned €295 million in 2020, which was 60% less than 209 revenue. Recaro has also revamped its long-term approach, while
Finnair has signaled its interest for electric aviation as a force to be reckoned with for future flying, signing a Letter of Interest for Heart Aerospace’s electric ES-19 aircraft, which is currently under development. Finnair could acquire up to 20 of the new 19-seater Heart Aerospace ES-19 electric aircraft, for use on the airline’s short routes. According to Heart Aerospace, the
Embraer, the Brazilian planemaker, has released its earnings results for both Q4 2020 and also for the full fiscal year 2020. The company delivered 28 commercial jets and 43 executive jets (23 light / 20 large) in 4Q20, and in 2020 delivered 44 commercial jets and 86 executive jets (56 light / 30 large). The
While the Boeing 737MAX remains grounded in China, 18 Airbus A320neos have been purchased by Air China from AFS Investments Inc, a subsidiary of aircraft lessor GECAS. This is a major boost for Airbus in its efforts to compete against COMAC and its soon-to-be-certified C919 narrow-body passenger jet. Based on list prices, the order is
Based at Toulouse Blagnac airport in France, ATR (Aerei da Trasporto Regionale or Avions de Transport Régional), the aircraft manufacturer has revealed its plans for 2021 and beyond for dealing with the devastating effects of the COVID-19 pandemic on the aerospace industry as a whole. 2020 was not such a disastrous year for ATR as
