Japan wants to have a role in a Supersonic Transport. A consortium of leading aerospace companies and institutions wants to develop technology for an SST and have it available by 2030, it said on June 16. The initiative to get…
On the back of a Ps 73 billion ($1.5 billion) net loss for 2020, Philippine Airlines (PAL) is working on a “comprehensive restructuring” that should bring it back to profitability in the near future. The restructuring could include placing the…
Now that the US and EU have frozen their war on state aid for large civil aircraft, the question is: how will aircraft funding change after the trade dispute? In the ‘Understanding on a cooperative framework for Large Civil Aircraft’,…
Airbus will definitely launch a freighter-version of the A350 but only once the business case is done. During an online Commercial and Program Update media event on June 15, Chief Commercial Officer Christian Scherer acknowledged that the market is pushing…
Emirates reports its first ever loss in 33 years. It announced an AED 22.1 billion ($6 billion) Group loss for its financial year 2020-2021 on June 15. The airline branch contributed to this loss with AED 20.3 billion. Emirates is…
They haven’t found a dedicated aircraft program yet, but General Electric and Safran are determined to have a new commercial aero-engine ready for entry into service by the mid-2030s. The engine should be over twenty percent more efficient than the most…