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Last month it was reported that the deal between Boeing and Embraer had fallen apart.  It wasn’t a tiny agreement, but rather a huge joint venture worth over $4 billion. The venture was a strategic play by Boeing and Embraer to compete against Airbus in the small aircraft market after the European manufacturer had taken […]

Facing tremendous challenges posed by the new coronavirus, Delta is suspending flights to ten airports across the country. Delta announced on May 8 that it is cutting service to 10 U.S. secondary airports as part of a previously announced 85% overall reduction in its service schedule. Notably, Delta is halting service to Oakland International Airport in […]

After several weeks of discussions between companies, agents of the federal government and private banks, an agreement surrounding a bailout for airlines in Brazil is set to be closed by the end of next week, according to Brazil Journal, a local economic news website. The COVID-19 crisis fell severely over the country’s airline industry, just […]

Earlier this week Airbus announced that it, along with California-based biotechnology and artificial intelligence company Koniku Inc., has made a “significant step” forward in the development of a “disruptive biotechnology solution” for aircraft and airport security operations by extending research to include biological hazard detection capabilities. The two companies originally entered into a cooperation agreement […]

The airline industry has ailed in pain for the last several months because of a virtually unprecedented downturn in travel demand due to the COVID-19 pandemic. Airlines across the globe have been reporting multi-billion dollar losses and load factors in the single digits. This week, though, a new trend emerged. While marginal, multiple data sources […]

Mitsubishi Heavy Industries and Bombardier announced on Thursday that they will close their deal for the CRJ aircraft series on June 1. Bombardier is selling the line to Mitsubishi for $500 million whilst Mitsubishi will assume liabilities worth $200 million. Bombardier will maintain CRJ production until the aircraft’s backlog runs out later this year. A […]

Lufthansa, Eurowings and Swiss Air Lines will restart a number of services to domestic and European destinations from June after seeing a growing interest in air travel by its passengers. The Lufthansa Group, the parent company of those three airlines in addition to numerous others, will bring 80 aircraft back into service. This means that […]

International Airlines Group (IAG), the parent company of British Airways, has announced a first-quarter (Q1) loss for 2020 of €535 million ($579 million). This compares with an operating profit of €135 million ($146 million) for the same period last year. Unsurprisingly the novel coronavirus (COVID-19) impacted the consortium’s operations for the period resulting in a […]

Airbus has announced that it has made a step forward in co-developing a solution for air travel security operations. In partnership with Koniku Inc., the European Aerospace consortium has begun researching into the capability to detect biological hazards, as well as chemical and explosive threats, on an aircraft or in an airport. The ‘solution’, the […]

SkyWest Airlines — the St. George, Utah-based regional airline that operates flights on behalf of numerous large American carriers — announced its first-quarter earnings on Thursday, reporting a $30 million profit even as the country’s largest airlines saw losses in the billions of dollars. The company, which did still see its stock price fall in […]