Month: February 2021

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Bombardier sells Mexico wiring business to Latecoere

Bombardier has sold its aerospace wiring business in Mexico to French aerospace company Latecoere for $45 million, closing a deal that had been in the works for more than one year. Bombardier has sold its aerospace wiring business in Mexico...

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Lockheed Martin defends value of F-35 as USAF programme under new pressure

Lockheed Martin is defending the value of the F-35 stealth fighter as the US Air Force (USAF) is for the second time in two years considering buying a cheaper fourth-generation fighter aircraft for its fleet recapitalization plans. Lockheed Martin is...

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U.S. DOT Announces $76 Million in Airport Improvement Grants

DOT announces first three grants for infrastructure projects through the FAA's FY 2021 Airport Improvement Program.

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US airlines throw support behind voluntary Covid-19 contact tracing

US airlines are joining together to support a comprehensive contact-tracing programme to help fight the spread of the coronavirus. US airlines are joining to support a comprehensive voluntary contact-tracing programme to help fight the spread of the coronavirus. US trade...

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Chief economist Pearce to retire from IATA in July

IATA chief economist Brian Pearce is to retire from the airline trade body in July. IATA chief economist Brian Pearce is to retire from the airline trade body in July. Pearce joined IATA in 2004 and also serves on the...

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Mexico’s low-cost Volaris tracks ‘strongest recovery’ in the industry

Mexican ultra-low-cost carrier Volaris is on track for one of the fastest recoveries in the industry even though the coronavirus continued to drag on results in the fourth quarter 2020, the airline says on 19 February. Mexican ultra-low-cost carrier Volaris...

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United to add Boston-Heathrow route

United Airlines will launch a daily nonstop route from Boston Logan to London Heathrow this year, assuming travel restrictions diminish and demand materialises. United Airlines will launch a daily nonstop route from Boston Logan to London Heathrow this year, assuming travel restrictions diminish and demand materialises....

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As they firefight, airlines shouldn’t ignore changing fundamentals

There is no point making it through to more stable times, only to realise that your pre-pandemic assumptions don’t apply in the new reality. When you are firefighting to survive a crisis, it is all too easy to ignore –...

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Boeing 737 Max service return in the Americas gathers pace

Airlines across the Americas are first to test customer appetite for the aircraft in much-changed operating climate A steady but low-key approach by airlines to returning the Boeing 737 Max to service since the type was given the first regulatory...

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Atlas reports $495 million profit for 2020

Atlas Air Worldwide Holdings generated an operating profit of $495 million for the full year 2020 despite the coronavirus pandemic downturn making it the worst year in history for air cargo demand, reversing its fortunes from an operating loss of $461...

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