Aegean shows loss for Q2 and H1 2020
Aegean Air has posted an 88% fall in revenue for the second quarter of 2020 to €40.4 million. Pre-tax losses for the quarter were €58.7 million against pretax profit of €31.5 million in the respective...
Aegean Air has posted an 88% fall in revenue for the second quarter of 2020 to €40.4 million. Pre-tax losses for the quarter were €58.7 million against pretax profit of €31.5 million in the respective...
In a virtual meeting, Europe’s air traffic management (ATM) leaders – the Europe CANSO CEO Committee (EC3) members and the Director General of EUROCONTROL, Eamonn Brennan –jointly assessed options for...
The International Air Transport Association (IATA) and the United Nations Office of Counter-Terrorism (UNOCT) have signed a memorandum of understanding to strengthen cooperation with the United Nation...
In a report to the media, the European Union’s Aviation Safety Agency (EASA) Executive-Director Patrick Ky has stated that the agency could lift its technical ban on the Boeing 737 MAX aircraft shortl...
Heart Aerospace, the Swedish start-up company that designs and builds all-electric aircraft, has unveiled its electric drivetrain and battery technology. This is the latest milestone in the company’s ...
Supported by Cranfield University, ZeroAvia achieved the world’s first hydrogen fuel cell powered flight of a commercial-grade aircraft on September 24 at Cranfield Airport. The Piper M-class six-seat...
Rolls-Royce has completed testing of the technology that will power the world’s fastest all-electric plane. All the technology has been tested on a full-scale replica of the plane’s core, called an ‘i...
IAG Cargo, the cargo division of the International Airline Group (IAG) uplifted 50,026 kgs of cargo on a single flight on its long haul route from Mumbai to London operated by a B777-300ER aircraft in...
An Azur Air Boeing 767-300 suffered significant belly damage during a tail strike incident in Vnukovo airport (VKO), Russia. On approach to the airport on September 22, 200, the aircraft, arriving fro...
Avolon has launched a private offering of $650 million 5.50% senior unsecured notes due 2026. The notes will be fully and unconditionally guaranteed by Avolon. The offering is expected to close on or ...
Norwegian is seeking further financial aid from the Norway government after experiencing – like many European airlines – what CEO Jacob Schram has called a “gruesome” summer season. Schram and finance...
The Serbian government has stated that discussion regarding financial aid for Air Serbia remain ongoing and will continue only after the airline finalises talks with its partners. “Even though we have...
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