Aircraft manufacturer Airbus issued a press release on Thursday, May 27, providing an update to its suppliers, citing that it would continue to expect the commercial aircraft market to have a steady recovery to pre-Covid levels between the years 2023 to 2025, and this recovery will be led by the single-aisle segment as short-haul journeys in domest …
Norwegian Air Shuttle has finally emerged from six months of bankruptcy protection and is now a much leaner beast ready to take on other European low-cost carriers. Famous for having portraits of high achievers on the tail fins of its aircraft, Norwegian has said that it has raised six billion Norwegian crowns ($721m) and has little to no debt. This …
As central banks pumped liquidity into the global economy over the past 15 months, aviation has attracted a steady stream of investor interest. However, aircraft transactions have been few and far between apart from growth in sale-leasebacks. An expected wave of lessor consolidation has been limited to one major transaction, the AerCap/GECAS merger …
Airbus continues to expect the commercial aircraft market to recover to pre-COVID levels between 2023 and 2025, led by the single-aisle segment. The Company is therefore providing suppliers with an update of its production plans, giving visibility in order to schedule necessary investments and secure long-term capacity and production rate readiness …
The Covid-19 pandemic has continuously caused severe damage to almost every industry worldwide, and the aviation sector was not spared as airlines from around the world continue to struggle. Massive declines in operating flights and passenger demand have resulted in huge losses for airlines even though many have received financial aid, with some en …
Over 500 WestJet employees have unionized, joining the Canadian general trade union known as Unifor. Unifor is the largest private-sector union in Canada, with more than 315,000 members across the country. So what does this mean for WestJet? Hundreds of WestJet’s airport agents unionize In what Unifor calls “a major victory,” 531 WestJet airport …
On Friday, May 21, Spain announced that starting June 7, tourists from all parts of the world are allowed to visit, providing that they had been fully vaccinated for COVID-19. With this in mind, we thought we would take a look at all the new entry rules and see what they mean for foreign tourists. Before COVID-19, Spain was the second most visited c …
Singapore Airlines continues to experience the full brunt of the global travel downturn. The airline’s April 2021 operating results reveal the airline has clawed back ground from its 2020 nadir but continues to substantially underperform compared to 2019. Numbers show a slow improvement at Singapore Airlines In April this year, Singapore Airlines car …
New Zealand will suspend the trans-Tasman bubble to NSW for two days starting on Friday. The country’s COVID response minister, Chris Hipkins, said it wasn’t a decision taken lightly, and New Zealand could lift the temporary ban early depending on how the situation plays out. “We will keep that under constant review during that time,” said …
30 travelers on an Air India flight from Amritsar to Rome last Wednesday have tested positive on arrival. The entire flight has been quarantined for 10 days, as per Italy’s new rules for travelers from India. This flight is the latest of many carrying multiple positive passengers from India, which is battling a massive second wave of COVID-19. Posit …
We couldn’t discuss Boeing’s epic 2016 7X7-series line-up without also covering Airbus’ equally epic 2019 A3XX formation flight. Taking place in May of 2019, the flight included one aircraft from each in-production family type of Airbus’ commercial aircraft line. This consisted of the A319neo, A330neo, A350, A380, a BelugaXL – and Airbus’ newest ad …
The A320 family has been a great success for Airbus. In service since 1988, it has overtaken the 737 in narrowbody orders (but not deliveries). There have been many upgrades and developments, most notably, of course, the A320neo. The next version could be a new clean-sheet design, according to Airbus. And possibly in service in the early 2030s. Chan …
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