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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
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 ...
Accordingly, unemployment increased slightly by 2% in the 2 years following the end of World War II. However, with the technological improvements in passenger travel safety and comfort, accompanied by an increasing demand in commercial aviation, the airline industry was soon driving revenues that were 500% of its revenues by 1945.
The world’s airline companies (over 5,000 in number) face a lengthy list of their own. One of the most prominent issues has been regaining the pre-pandemic air traffic the industry experienced ...
"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 .
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.
With another fatal plane crash in the headlines, many travelers may be worried about stepping onboard their next flight. Experts say that aviation is safe – though not without its problems.
Alternatively, London has the world's busiest city airport system by passenger count. As of 2023, the United States has the most airports in the top 50 list, with 16, including five of the top 10. Four other countries have at least two airports in the top 50: China has 10, while India, Spain, and the United Kingdom each have two. [4]