Seven of the world’s leading aerospace manufacturers have committed to making aviation more sustainable and meeting the net-zero carbon emission targets set for 2050. The Chief Technical Officers (CTOs) of Airbus, Boeing, Dassault, Rolls-Royce, General Electric, Safran, and Pratt &…
ZeroAvia and Mitsubishi Heavy Industries RJ Aviation Group (MHIRJ) will cooperate in developing hydrogen-electric propulsion systems for use in regional jet aircraft, potentially for a new aircraft design but also as a retrofit to existing RJ-models. US-based ZeroAvia, which is…
Pratt & Whitney has been selected by NASA to participate in the Sustainable Flight National Partnership (FSNP) program. The OEM will develop advanced high-pressure turbine technologies for use in the next generation of single-aisle commercial aircraft. P&W joins NASA’s efficient engine…
Southwest Airlines continues its buying-mood by adding more Boeing MAX 7s to its fleet. During the third quarter, the carrier exercised options on eight aircraft for delivery in 2022 while on the first day of Q4 on October 1, it…
American Airlines improved its quarter-by-quarter results by posting a $169 million net profit for Q3, up from $19 million in the second quarter . However, excluding special items, the net loss was $641 million, it reported on October 21. American’s…
Icelandair has turned a $54.9 million Q2 loss into a $19.6 million Q3 profit despite setbacks from the Delta variant and continued travel restrictions. The strong start of the quarter was tapered off by new Covid-cases in Iceland in August…