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What does the future of the aviation industry look like?
Enterprise Ireland and IATA present the Air Transport and Market Trends & Outlook Report for the Middle East and Africa, providing valuable, data-driven insight into the aviation industry. This report examines the impact of the pandemic on the global air transport industry and takes a closer look at the developments in the Middle East and Africa regions. Having come through one of the most turbulent years in the history of aviation, the industry globally is now beginning to get a glimpse of the horizon. International travel continues to be a challenge in 2021, but domestic passenger traffic is set to see an early recovery. The remainder of 2021 should remain positive for air cargo, as rebounding economies and inventory restocking drive growth. Download our report today to get a closer look at the medium and long term forecasting of air-travel.
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European aviation industry calls for global adoption of net-zero objectives by ICAO
The European aviation associations behind the region’s Destination 2050 sustainability roadmap have called for the global adoption of objectives in line with that plan – potentially through the next ICAO assembly.
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Lufthansa Group completes repayment of Covid-19 state aid
Lufthansa Group has repaid the last tranche of government aid it received during the Covid-19 crisis, clearing the way for the German state to sell its remaining stake in the business.
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UK could buy up to 44 helicopters under £1 billion NMH acquisition
UK defence officials are prepared to spend up to £1 billion ($1.3 billion) on as many as 44 aircraft under the country’s nascent New Medium Helicopter (NMH) programme, according to newly published tender documents. Posted by the Ministry of Defence (MoD) on 11 November, the contract opportunity notice is the ...
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Lebanon’s MEA pushes back A330neos as it battles dual crises
Lebanese carrier Middle East Airlines has pushed back delivery of its four Airbus A330neos until 2026 as it bids to recover from the dual challenges of the pandemic and economic crisis in Lebanon.
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Vindicated by creditors’ approval for restructuring, AirAsia X slams critics
AirAsia X has hit back at its critics — including what it calls “pundits” hoping the airline would be liquidated — in a strongly-worded statement after it gained creditors’ approval for debt restructuring.
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Superjet climbed into conflict after captain deployed landing-gear in cruise
Russian investigators have disclosed that an Azimuth Sukhoi Superjet 100 captain inadvertently deployed the landing-gear in cruise, prompting a climb response which placed the twinjet in conflict with another aircraft. In a 9 November bulletin the federal air transport regulator Rosaviatsia has detailed the 21 October incident, involving a flight ...
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GE9X clears dust-ingestion test milestone
GE Aviation has completed dust-ingestion testing on its new GE9X engine for the Boeing 777X, as the propulsion specialist eyes a potential third application for the widebody turbofan.
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China, India pose tough questions for SIA Group
As international markets start to open up, China and India are significant question marks for the long-term strategy of Singapore Airlines.
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IAI unveils Scorpius jamming, self-protection pods
Israel Aerospace Industries (IAI) has unveiled a new family of pod-housed electronic warfare (EW) equipment, which it says is suitable for use across a range of self-protection, standoff jamming and training applications. Named Scorpius, the active electronically scanned array (AESA) radar technology can “simultaneously scan the entire surrounding region for ...
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AirAsia X aims to complete restructuring by Q1 2022, after securing creditor approval
Beleaguered long-haul, low-cost carrier AirAsia X has gained crucial approval from creditors for debt restructuring, following a series of court-convened meetings on 12 November.
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Korean Air operating profit sharply higher on cargo strength
A strong cargo performance propelled Korean Air’s operating profit to W439 billion ($372 million) for the third quarter of 2021.
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Arab carriers call for governments to ease travel pains
Arab airline leaders expect it to take between three to five years for passenger traffic to return to pre-crisis levels as carriers in the region have been particularly hard hit by the pandemic’s impact on international services.
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SIA confident of continued strong cargo performance
Singapore Airlines enjoyed record high cargo revenues in the first half of its 2021/22 financial year, and expects demand to remain strong.
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Scoot adds London Gatwick to European network
Scoot will commence one-stop flights between Singapore and London Gatwick in December, with a new service via Bangkok Suvarnabhumi.
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Jakarta, Seoul bridge cost differences for KF-21/IF-X fighter
Jakarta and Seoul have reached an agreement about development costs related to the Korea Aerospace Industries KF-21/IF-X fighter.
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Zipair launches Los Angeles as inaugural long-haul destination
Zipair will become the first low-cost carrier to operate trans-Pacific flights, as it announces Los Angeles as its “much-anticipated” inaugural long-haul destination.
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Covid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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Embraer starts assembly of Hungary’s first KC-390 transport
The aircraft recently passed its critical design review and a ceremony was held at Embraer’s Gaviao Peixoto facility in Brazil to mark the start of production.
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Azul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.