UK announces Future of Flight Action Plan
The UK Department for Transport (DfT) has unveiled its Future of Flight Action Plan, highlighting how ‘flying taxis and routine emergency service drones should be a reality by 2028’. The joint plan be...
The UK Department for Transport (DfT) has unveiled its Future of Flight Action Plan, highlighting how ‘flying taxis and routine emergency service drones should be a reality by 2028’. The joint plan be...
AerCap has issued an exchange offer of up to $1.5bn of its unregistered outstanding 6.45% senior notes due 2027, which were issued in November 2023, for a like principal amount of new 6.45% senior not...
Rolls-Royce is investing £55 million ($70.1 million) in its assembly, test and shop visit capacity in Derby, UK and Dahlewitz, Germany. The investment stems from a growing long-term demand for new civ...
KfW IPEX-Bank has announced the appointment of Sebastian Blum, who is taking over as head of the mobility sector with responsibility for the maritime industries, aviation and land-based transport sect...
Embraer has secured 120-minute extended twin-engine operations (ETOPS) approval for its E190-E2 and E195-E2, allowing operators to fly direct routes over water and other remote areas. Certification...
easyJet has announced the pricing of €850 million ($929 million) of bonds under its Euro Medium Term Note (EMTN) programme, due to be issued on March 20 2024. They will mature in March 2031 and were s...
Vertical Aerospace, designer of the VX4 eVTOL (electric vertical takeoff and landing craft), has confirmed its ambition to display its second prototype aircraft during this year’s upcoming Farnborough...
Global travel management and event specialist ATPI Group has partnered with sustainable aviation fuel (SAF) producer Neste to allow its clients to invest in SAF. Via the group’s carbon measurement,...
Lufthansa Group airline Discover Airlines has commenced operations with the AERQ ARENA inseat system installed aboard one of its A320 aircraft, which it will use to test ‘various use cases’ for medium...
Virgin Atlantic is enhancing the benefits offered with its Flying Club Red Tier loyalty programme, aiming to ‘serve all Flying Club members, no matter their tier status’. Flying Club Red members wi...
The UK Civil Aviation Authority (CAA) has published a progress report into the independent review of the NATS air traffic control system failure that occurred on August 28 2023. An estimated 700,00...
Aegean Airlines has recorded a profit before income of €246.8 million ($270 million) for the full year 2023, 68% higher than 2022, with a net profit of €168.7 million ($184.6 million) 58% higher than ...
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