International Airlines Group (IAG) has exercised its option to convert a €100 million loan to Spanish carrier Air Europa into a twenty percent share, it announced on August 16 in a regulatory filing. This means that IAG has finally got a…
California-based Joby Aviation says it is progressing well on the roadmap toward certification of its eVTOL. It has more or less completed three definition phases of the project and has now started the implementation phase which includes testing and analysis. The…
Just as it is heading for the busy (southern hemisphere) summer period, Air New Zealand is forced to reduce capacity by 1.5 percent in the coming six months. The airline says it is confronted with the highest levels of sickness leave…
Start-up Archer has made good progress on the development of its Maker eVTOL aircraft, ticking important boxes in its flight test program. The company has also completed the preliminary design review of the production version and received its first pre-delivery payment,…
Air Arabia and its subsidiaries produced a strong first six months of 2022, reporting a net profit and revenues that were tenfold those of the same period last year. Geopolitical issues and higher fuel costs had their effect, but the…
Notwithstanding “unprecedented challenges” faced by the air transportation system that forced it to reduce capacity in July and August, Air Canada plans for a further ramp-up of capacity in the third quarter. The carrier wants to grow capacity in available seat…