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Air cargo demand bucks the trend with 9% February increase on pre-pandemic levels

The International Air Transport Association (IATA) has released figures for the global air cargo markets for February 2021, clearly showing that demand continues to exceed pre-COVID-19 pandemic levels. Strong month-on-month growth compared to January 2021, February’s demand exceeded February 2019 levels by 9%. Current demand has now reached the same level seen in 2018, prior

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Honeywell's 33rd annual Global Business Aviation Outlook projects 8,500 new business jet deliveries over the next decade © Bombardier

VistaJet orders ten Bombardier Challenger 350 business jets

Bombardier has confirmed that worldwide fleet operator VistaJet is the customer for a previously disclosed firm order for ten Challenger 350 business jets. Bombardier announced the sale involving its best-selling Challenger platform on December 23; it was one of the biggest jet orders of 2020. VistaJet said in a press release that its firm order

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Arrangement Agreement between Transat and Air Canada terminated by mutual consent

Transat A.T. (Transat) has released that the contemplated arrangement with Air Canada under the revised Arrangement Agreement between Transat and Air Canada dated October 9, 2020 (the Arrangement Agreement) has been terminated by mutual agreement of Transat and Air Canada, effective immediately. The parties have reached this agreement after having been advised by the European Commission

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British Airways to invest in tech innovator ZeroAvia to speed up development of hydrogen-powered aircraft

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

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