Portugal’s government has completed its acquisition of an additional 22.5% stake in TAP, clearing the way for the airline to access the rest of its state loan. Portugal’s government has completed its acquisition of an additional 22.5% stake in TAP, clearing the...
British Airways’ final pair of London Heathrow-based Boeing 747-400s have departed the UK hub, following the airline’s decision to retire the type from service. Aircraft G-CIVB, painted in the ‘Negus’ heritage livery for the airline’s 100th anniversary, lifted off at...
EasyJet is set to make a group headline loss for the year ended 30 September of between £815-£845 million ($1-$1.1 billion) and expects to fly only a quarter of its planned capacity over the remainder of the calendar year as...
Icelandair Group is to sell three of its Boeing 757-200s, which will be converted into freighters following the transaction. Disposal of the Icelandair aircraft will generate about $21 million in net proceeds, the company says. It has not identified the...
Airbus Defence & Space has delivered an A400M Atlas for Luxembourg; its penultimate contracted customer to receive the tactical transport. Airbus Defence & Space has delivered an A400M Atlas for Luxembourg; its penultimate contracted customer to receive the tactical transport....
Cebu Pacific announced plans to raise up to $500 million in additional capital — by selling preferred shares and bonds — as it undertakes a restructuring exercise that sees it cut its fleet and network to cope with reduced travel...
US Transportation Command has partnered with Space Exploration Technologies Corporation to study delivering tens of thousands of kilograms worth of cargo to anywhere on Earth within about an hour using the aerospace company’s vertical landing rockets. US Transportation Command (USTRANSCOM)...
Boom Supersonic has publicly unveiled its XB-1 supersonic aircraft, a demonstrator Boom will use to develop a future supersonic passenger aircraft called Overture. Boom Supersonic has publicly unveiled its XB-1 supersonic aircraft, a demonstrator Boom will use to develop a...
The Department of Defense (DoD) has granted a contract to Sea Machines Robotics to develop a prototype autonomous ocean barge that would serve as a floating Forward Arming and Refueling Point (FARP) for rotorcraft. The Department of Defense (DoD) has...
London Stansted and Manchester airports’ owner MAG Group has become the latest UK airport operator to open talks with unions over cuts amid the continued slump in air traffic as a result of the coronavirus crisis. London Stansted and Manchester...