Air India and Vistara to merge. Transaction expected to be completed by March 2024
Air India and Vistara to merge
Tag AIR
Airbus and Air Canada invest in Canadian carbon capture plant
Airbus and Air Canada have both announced investments in a Canadian firm that is developing direct air carbon capture and storage (DACCS) technology. Carbon capture is seen by both the airframer and the airline as a means to decarbonize aviation. Airbus…
Archer unveils Midnight and lays out its plans
Archer Aviation has unveiled the production version of its eVTOL vehicle, which it hopes to get certified in the second half of 2024 and enter service in 2025. The Midnight is the successor of the Maker demonstrator that has been…
Air France-KLM launches €300 million bonds offering
Air France-KLM has launched an offering of deeply subordinated undated bonds worth €300 million that may be converted into new shares or are exchangeable for existing shares. The offering, which should help to improve the negative equity position of the airline…
Engine woes ground most of Air Tanzania’s Airbus A220s
East African carrier Air Tanzania has no timeline for the resolution of technical problems that affect the Pratt & Whitney engines on its four Airbus A220-300s. The carrier announced a “temporary suspension” of some of its services due to the issues. Engine…
United and Archer target New York-Newark for eVTOL services
UPDATE – United Airlines intends to launch operations with Archer Aviation eVTOL vehicles between New York City and Newark Airport in 2025, the airline and start-up airframer announced in a joint media statement today. This makes United the second US airline…