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The Airbus group creates Airbus Atlantic, the world number two in aerostructures, combining the resources of Stelia Aerospace and two Airbus sites. [2] The Prime Minister of Denmark announces a goal to eliminate the use of fossil fuels for the country's domestic flights by 2030. [3] 5 January
A global blueprint for modern air travel struck 80 years ago this week faces fresh tests managing change and rising air traffic in the developing world, a senior official at the UN's aviation ...
Only several months into the pandemic, the crisis was already the worst in the aviation industry's history, according to statements made in early 2020 by Airbus' Guillaume Faury, [1] EasyJet's Johan Lundgren, [2] United Airlines' Oscar Munoz, [3] Qantas' Alan Joyce, [4] and media outlets: the Financial Times, [5] The New York Times, [6] and The ...
The International Air Transport Association (IATA / aɪ ˈ ɑː t ə /) is a trade association of the world's airlines founded in 1945. [4] IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing.
The UN's International Civil Aviation Organization wants the overall SAF pool to increase from today's levels of less than 1% to 5% by 2030. "We think that's very achievable,” Gavin Towler ...
Two helicopters collide near the Sea World theme park in the city of Gold Coast, Queensland, Australia. The collision killed four people and injured eight. [2] 11 January Thousands of flights are delayed or cancelled in the United States after a Federal Aviation Administration (FAA) NOTAM system outage. [3] 15 January
7 January Boeing settles with the US Department of Justice to pay over $2.5 billion after being charged with fraud over the Boeing 737 MAX certification: a criminal monetary penalty of $243.6 million, $1.77 billion of damages to airline customers, and a $500 million crash-victim beneficiaries fund.
Investors are taking the news as a vote of confidence, sending Joby shares up 21% at the open Wednesday and up 10% as of 10:15 a.m. ET. Cash from an important partner