The B-21 Raider, the world’s first sixth-generation aircraft, unveiled by Northrop Grumman and the U.S. Air Force

December 5, 2022

Northrop Grumman Corporation and the U.S. Air Force have unveiled the B-21 Raider, the world’s first sixth-generation aircraft which has been designed to meet the most complex of missions. Its sixth-generation capabilities include stealth, information advantage and open architecture and the aircraft will form the backbone for the future of U.S. air power, delivering a

Development of FCAS combat aircraft back on track after Airbus and Dassault reach agreement

December 2, 2022

For the past year, Airbus – representing German interests – and Dassault – representing French interests, had been unable to reach agreement over the workshare for the new Future Combat Air System (FCAS). The new aircraft, intended to replace the Eurofighter and Dassault’s Rafale, will be a combination of manned and unmanned aircraft and are

Air cargo tonnages experienced a sharp decline in mid-August

IATA reveals October year-on-year global cargo capacity down 13.6%

December 1, 2022

The International Air Transport Association has released its global cargo demand figures for the month of October, revealing a year-on-year drop of 13.6%, the first year-on-year contraction since April. However, on a month-on-month basis, international cargo capacity was up by 2.4% as the end of year peak season approaches. IATA also pointed out that new

NetJets to become launch customer for Bombardier Global 8000 jet with major order

November 30, 2022

Long-time Bombardier customer and owner of the largest private jet fleet, NetJets is to become the launch customer for the new Bombardier Global 8000 jet. A subsidiary of Berkshire Hathaway, NetJets has placed an order for four Global 8000 jets and has also converted eight of its current orders to the new model, so adding

Argentine’s Flybondi doubles fleet size, aims to expand further

November 29, 2022

Having announced its 2X expansion plan in 2021, Argentinian low-cost carrier Flybondi has taken delivery of its tenth Boeing 737-800 NG with a capacity of 189 passengers, thus doubling its fleet size, with a further two deliveries planned before year end. The carrier also plans to lease five further 737-800s during 2023. During 2022 Flybondi

Airbus facing jet delivery cutbacks in 2023 owing to competition for engines

November 28, 2022

While Airbus is currently remaining quiet until it releases its next delivery bulletin in December, unnamed internal sources have commented that the European plane manufacturer is expecting to face further delays in 2023 for the delivery of its medium-haul aircraft owing to supply chain and labour problems, predominantly focused on the supply of engines. Part

Qantas will invest in a new nature-based credit fund

Qantas flight attendants threaten strike action after Qantas upgrades profit forecast to AU$2.5 billion

November 25, 2022

One day after Qantas raised its profit forecast for the second time in six weeks, the largest section of its workforce, flight attendance, have voted almost unanimously to take protected strike action unless a better pay deal is put on the table. No specific dates for such action have yet been set. The escalation of

Aergo Capital acquires Seraph Aviation, boosting assets by US$2.5 billion

November 24, 2022

Aergo Capital (Aergo) has announced the company’s acquisition of Dublin, Ireland-based Seraph Aviation Management Limited (Seraph Aviation) for an undisclosed sum. The deal will see Aergo take over the management and administration of 88 aviation assets spread across 38 unique lessees with a combined asset value of US$2.5 billion. This will see the total number

UK’s AJW Group launches new remarketing service – maximises aircraft asset value

November 23, 2022

Based in West Sussex in the UK, the AJW Group, an independent world leader in aircraft component parts, repair, and supply chain solutions provision, has announced it is now to offer aircraft remarketing. The new division will comprise a team of highly experienced remarketing specialists and will provide a tailor-made service to meet the challenging

Ampaire’s Eco Caravan completes successful maiden flight

November 22, 2022

Los Angeles-based Ampaire has announced the successful maiden flight of its eight-seater Eco Caravan, the first in a series of hybrid electric aircraft planned by the company to help carriers transition to sustainable aviation. The 33-minute flight of a converted Cessna Grand Caravan took place at Camarillo Airport in California, reaching an altitude of 3,500

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