The parent company of Philippine Airlines, PAL Holdings, booked a record 73 billion pesos (US$1.51 billion) loss in 2020 as the COVID-19 pandemic severely impacted the global aviation sector. The company said its management and stakeholders are working on the…
Airbus hosted a Virtual Commercial and & Program Update for the media yesterday. In the absence of what could have been Day 2 at PAS 2021, the event was an overview of Airbus’ current aircraft types and comments on 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…
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…
Airbus prepares for its liquid hydrogen infrastructure that should produce the next generation of airliners. It has formed two Zero-Emission Development Centers in Bremen and Nantes that will produce key components for the LH2-based airliners, starting with demonstrators and prototypes…