All Must Read articles – Page 43
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NewsUK-EU agreement features review of airline ownership and control rules
Rules governing ownership and control of UK and European Union airlines will be reviewed within 12 months of the entry into force of the new future UK-EU relationship agreement, according to the text of the provisional deal. Under the current situation, EU airlines must be majority-owned by EU interests. Once ...
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Airline BusinessHow European states stepped in to support grounded airlines in 2020
European governments have stepped in with an unprecedented level of financial support to keep airlines in the region afloat during the pandemic, with the likelihood of further funding required in the year to come.
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Airline BusinessWhich aircraft types did airlines fly for the last time in 2020?
Airlines phased out a series of aircraft types in 2020, some as part of planned renewals and others hastened departures accelerated by the impact of the global pandemic
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InterviewWhy Embraer’s chief executive is only looking upwards
At a time when some aerospace companies are seemingly hibernating until the pandemic passes, Embraer has come out swinging. An ambitous five-year strategy will see the launch of new programmes, diversification and new partnership agreements, pushing the Brazilian airframer to new heights.
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NewsThird Libyan charged with Pan Am 747 bombing after 32 years
Precisely 32 years after a bomb explosion destroyed a Pan Am Boeing 747-100 over Scotland, the US government has formally charged a third person with the attack on the aircraft. US attorney general William Barr states that the government has filed criminal charges against Abu Agela Masud Kheir Al-Marimi for ...
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Airline BusinessHow might new Covid-19 strains affect the airline industry’s outlook?
The emergence of more infectious strains of Covid-19 and the consequent restrictions placed on travel to and from the UK, Denmark and South Africa could have significant implications for the airline industry’s recovery path.
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Airline BusinessWhy wider airline consolidation may have to wait
IAG has reportedly agreed fresh terms to acquire Spanish carrier Air Europa, but further deal activity across the industry may be delayed by the crisis.
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Airline BusinessIn pictures: The airline industry’s crisis year
A year that began with plenty of reasons for optimism about the industry’s prospects quickly turned into 12 months of unprecedented challenges, dominated by the Covid-19 pandemic
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NewsUK pilots seek post-Brexit rethink of flight-duty limitations
UK cockpit representatives are intending to press for a rethink on flight-duty times for pilots once the UK withdraws completely from the European Union. Flight-duty regulations were established by the European Union Aviation Safety Agency. After the UK left the EU on 31 January, and entered a transition period, it ...
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AnalysisWhy Europe’s FCAS projects won’t join formation in 2021
One certainty for 2021 is that Europe’s parallel efforts to develop the region’s next-generation Future Combat Air System will not see a convergence.
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NewsIl-114-300’s first lift-off marks second Russian maiden flight in two days
United Aircraft’s modernised Ilyushin Il-114-300 has carried out its maiden flight, a day after the first flight of the Russian-powered version of the Irkut MC-21. The twin-engined Il-114-300 lifted off from Moscow’s Zhukovsky airfield on 16 December, says state technology firm Rostec. Three crew members – two pilots and a ...
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NewsUS airlines see potential in reshaped networks
US airlines are rethinking their network strategies to get the most out of the coronavirus-driven industry shifts.
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NewsMC-21 with Russian-built PD-14 engines carries out maiden flight
Irkut has carried out the maiden flight of the MC-21-310, the version of the twinjet powered by Russian-built Aviadvigatel PD-14 engines. The flight – with aircraft number 73055 – took place from Irkutsk aviation plant’s airfield on 15 December and lasted about 1h 25min. It was crewed by two test ...
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NewsReturn of 737 Max marks just one of Boeing’s comeback challenges for 2021
Boeing’s troubles are far from solved, but the events of 18 November 2020 at least cleared a cloud that had overshadowed the Chicago airframer for 20 months.
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Airline BusinessAirline coronavirus recovery tracker: December 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsUnited to invest in ‘direct air capture’ as it makes 2050 carbon-neutral pledge
United Airlines has unveiled an effort to become carbon neutral by 2050 through investments in a process that strips CO2 from air and deposits it underground.
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NewsBoeing resumes Max deliveries as United receives new jet
Boeing has resumed deliveries of the 737 Max, with United Airlines receiving an aircraft on 8 December, the carrier confirms.
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NewsBoeing needs to develop a smaller mid-market aircraft: analysts
Competitive pressure will require that Boeing move forward with developing a mid-market aircraft. But that jet must be smaller than the concept Boeing had previously been studying, aerospace analysts say.
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AnalysisHow the pandemic has reshaped the leasing business
During those buoyant years before Covid-19, executives from aircraft leasing companies would gather at industry conferences around Asia-Pacific and marvel at the unstoppable growth trajectory of aircraft deliveries in the region. Demand for aircraft seemed insatiable, based on OEM forecasts. Airlines’ appetite was plain to see, with ambitious budget carriers ...
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NewsNorwegian tests debt-for-equity appetite again in bid for funding
Scandinavian budget airline Norwegian is again proposing a debt-for-equity conversion as part of an effort to raise funding, just six months after persuading creditors to sign up to a similar scheme. Norwegian says it will request “significant equitisation” of debt at market price, and seek approval for a NKr4 billion ...