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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 ...
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.
"The second is also having the same quality of the sustainable aviation fuel across the world." Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre .
Civil aviation is one of two major categories of flying, representing all non-military and non-state aviation, both private and commercial. Most countries in the world are members of the International Civil Aviation Organization and work together to establish common Standards and Recommended Practices for civil aviation through that agency.
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.
Toyota Motor (NYSE: TM) is upping its investment in Joby Aviation (NYSE: JOBY), providing additional capital to support the air taxi start-up's push for certification and commercial production.