Month: April 2021

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European aviation chiefs demand more support for green recovery

Aviation executives have called for more government support to help the sector meet its target of reaching carbon neutrality by 2050. Aviation executives have called for more government support to help the sector meet its target of reaching carbon neutrality...

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Thai AirAsia plans IPO for capital injection by new investor

Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor. Thai AirAsia’s...

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Germany signs new adversary training deal with Top Aces

Berlin has awarded Canada-based Top Aces a follow-on contract to extend its provision of adversary air training services to the German armed forces from January 2022. Berlin has awarded Canada-based Top Aces a follow-on contract to extend its provision of...

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UK carrier Jet2 to post loss of up to £385m for pandemic-hit year

UK leisure carrier Jet2 expects to post a group loss of between £375-385 million ($521-535 million) for for the 12 months ended 31 March 2021, a year in which its activities have been heavily curtailed by pandemic travel restrictions. UK...

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Finnair hikes cost-base reduction target for a third time

Finnair is raising a permanent cost-savings target a third time, to €170 million ($205 million), more than double the original figure unveiled last year. The company had stated in May 2020 that it was aiming for €80 million in cost-base...

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JAL confirms plan for big investment in Spring Airlines Japan

Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. The airline confirmed reports in Japanese...

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Seoul to develop new attack helicopter, buy transport aircraft

South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. A high...

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ANA targets carbon-neutral aircraft operations by 2050

ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. By 2030, the company targets for CO2 emissions from aircraft operations to be less...

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All USAF B-1B bombers grounded for fuel pump issue, as fleet shows its age

The US Air Force grounded all of its B-1B Lancer bombers on 20 April after a fuel pump issue was discovered. The US Air Force (USAF) grounded all of its B-1B Lancer bombers on 20 April after a fuel pump...

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NASA envisions revived US regional air transportation network

The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US regional air transportation system. The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US...

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