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’,…
The Brazilian carrier GOL has raised nearly US$200 million in new equity in the last quarter. Following the take-in of the Smiles minority interest (Smiles is GOL’s loyalty program, inherited from the extinct Varig airline), the Brazilian carrier announced today…
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…
Since Boeing won’t detail which model MAX is ordered observers have to wait and see what actually gets delivered. This isn’t that bad, because even what is ordered often isn’t what gets delivered. After all, it’s what the operator actually…