Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the…
Vertical Aerospace has agreed on a joint development program with Italy’s Leonardo to design, test, and manufacture the composite fuselage of the XV4 eVTOL. The agreement includes the production of potentially 2.000 fuselage sections per year, both companies announced on…
Here is our rolling report with short aviation news for the month of February 2022: 8 – SAS will add Toronto to its network again from June from Copenhagen and Stockholm. It will offer three weekly services from Copenhagen and…
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The draft order from the FAA to ensure that inspectors can review certification work without interference and pressure from an aircraft manufacturer is good news for the US aerospace industry. It finally addresses a serious flaw in the oversight of the…
A sharp reduction in deliveries of 787 structures to Boeing is the major reason behind the lower revenues and order intake of Mitsubishi Heavy Industries (MHI) Aero Structures business in the third quarter of FY21, it reported on February 7.…