Month: January 2021

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China’s ‘Big Three’ cap off 2020 with lower passenger traffic results

China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.  China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020...

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US airlines begin tapping into government aid

The US government has begun disbursing $15 billion in payroll assistance to airlines, which have been eagerly awaiting the financial relief ever since an earlier programme expired in September. The US government has begun disbursing $15 billion in payroll assistance to...

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Aerovironment to add larger group 2 and 3 UAVs with $405m acquisition of Arcturus

So far, Aerovironment’s products were almost entirely group 1 UAVs, weighing 9.07kg or less. Aerovironment, a manufacturer of small unmanned air vehicles (UAV), plans to buy Arcturus UAV in a $405 million deal. The acquisition is intended to expand Aerovironment’s portfolio...

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Former KPMG CEO Doughtie joins Boeing’s board as Kennedy steps down

Former KPMG chief executive Lynne Doughtie has joined Boeing’s board of directors, filling a seat left vacant by the resignation of board member Caroline Kennedy. Former KPMG chief executive Lynne Doughtie has joined Boeing’s board of directors, filling a seat...

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Embraer North American president Spulak retires

Gary Spulak, the longtime president of Embraer’s US business, retired from the Brazilian airframer at the end of 2020, Embraer confirms. Gary Spulak, the longtime president of Embraer’s US business, retired from the Brazilian airframer at the end of 2020,...

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US airlines gear up for potential trouble ahead of US inauguration

US airlines have adopted stricter safety policies on flights to and from the Washington, DC-area ahead of the presidential inauguration scheduled for 20 January. US airlines have have adopted stricter safety policies on flights to and from the Washington, DC-area...

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Airports call for further support as UK suspends travel corridor scheme

UK airports are calling for further government support to cover operating costs after the suspension of the country’s safe travel corridors programme as part of efforts to counter further strains of the coronavirus. UK airports are calling for further government...

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Volocopter working toward FAA approval of VoloCity eVTOL

German urban air mobility company Volocopter has received FAA permission to pursue certification of its autonomous, electric vertical take-off and landing (eVTOL) passenger drone design for flights in the USA. German urban air mobility company Volocopter has received Federal Aviation...

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Gama expands US maintenance footprint with Jet East acquisition

UK business aviation services group Gama Aviation has almost doubled the size of its US maintenance operation with the $11 million acquisition of Trenton, New Jersey-based Jet East UK business aviation services group Gama Aviation has almost doubled the size...

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Malaysia Airlines’ restructuring plan nears consensus

After months of negotiations, Malaysia Airlines has secured near-unanimous in-principle agreement from lessors and other creditors for its planned restructuring, three people close to the process tell Cirium. After months of negotiations, Malaysia Airlines has secured near-unanimous in-principle agreement from lessors and other creditors...

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