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Pandemic pushes TUI to €3 billion full-year loss

European travel operator TUI Group has reported a full-year EBIT loss of €3 billion ($3.6 billion), but is confident that 2021 will be a “transition year” for tourism with pre-pandemic levels expected to return in 2022. European travel operator TUI Group has reported a...

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Spanish industry lands FCAS project contracts

Spanish industry has been formally included within a multinational effort initiated by France and Germany to develop a Future Combat Air System. Spanish industry has been formally included within a multinational effort initiated by France and Germany to develop a...

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Commission draws up emergency measures to maintain UK-EU air transport

European Commission regulators are preparing contingency measures for air transport in the increasingly-likely event of the UK’s failing to reach an agreement on a future relationship with the remaining European Union member states. While the UK formally left the EU...

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Cessna CJ1+ rolled 75° left after Tamarack Atlas failure

UK investigators have detailed the terrifying moment the pilot of a Cessna Citation CJ1+ fought to control the aircraft after a Tamarack active winglet malfunctioned in flight and caused the jet to roll left at a bank angle of 75°....

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‘Sledgehammer’ sanctions on Comac will harm US more: think-tank

A senior advisor at a US think-tank has criticised potential sanctions against Chinese airframer Comac as being more detrimental to the US aerospace industry than their intended target, China.  A senior advisor at a US think-tank has criticised potential sanctions against Chinese...

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Cebu Pacific steadily restores capacity in complex Covid-19 era

Cebu Pacific Air has highlighted the bewildering array of coronavirus-related protocols as it works get passengers flying again. Cebu Pacific Air has highlighted the bewildering array of coronavirus-related protocols as it works get passengers flying again. In a virtual media...

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Seoul makes third attempt to buy 41 new training helicopters

South Korea will make a third attempt to obtain a basic flight training helicopter under its long-running TH-X requirement. South Korea will make a third attempt to obtain a basic flight training helicopter under its long-running TH-X requirement. The country’s...

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UK risks friction as it drops tariffs on Boeing jets in bid to end WTO spat

Boeing and Airbus’s long-running transatlantic dispute over government subsidies to their civil aircraft development industries has taken a new turn following the UK government’s unilateral decision to suspend tariffs on the US airframer’s aircraft imports. The UK’s Department for International...

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Lawmakers propose second round of airline funding

A bipartisan group of lawmakers have proposed a second coronavirus relief package that would provide airlines and airports with another round of pandemic-relief funding. A bipartisan group of lawmakers have proposed a second coronavirus relief package that would provide airlines...

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For hurting aerospace industry, defence budgets to supply steady revenue in 2021: report

Steady spending from governments around the world on military aircraft and spacecraft will likely be a rare bright spot for the global aerospace industry in 2021. Steady spending from governments around the world on military aircraft and spacecraft will likely...

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