Boeing CEO David Calhoun has reportedly informed analysts that the company is pushing ahead with development of its ‘New Midsize Aircraft’ (NMA), or Boeing 797, despite posting a record $12 billion loss. Progress within the NMA project, which has been in development, in part, for decades, was paused early last year amid the COVID-19 crisis.
American cans over 200 flights by grounding regional subsidiary
American Airlines was forced to cancel 230 American Eagles flights as it grounded nearly the entire fleet of its regional offshoot PSA Airlines over maintenance concerns. PSA temporarily removed most of its aircraft from service and cancelled over 200 flights as it worked with the Federal Aviation Administration to address a maintenance issue on its
Landmark pop-up flying car airport to be built in UK
The world’s first pop-up mobile airport for eVTOL vehicles and drones is set to open its doors in Coventry, UK, by November this year. Korean car manufacturer Hyundai and British company Urban-Air Port have teamed up for the project, which hopes to see similar small, demountable airports specifically catering to electric cars, air taxis and
US airlines have pushed back against the potential Biden administration policy that would see pre-flight COVID-19 testing before all domestic flights. The Biden administration said earlier this week it was “actively looking” into mimicking current overseas travel risk management measures with domestic pre-flight COVID-19 testing, in order to get the country’s spread of the virus
Over 50% of global pilots not currently flying: survey
More than half of the world’s pilots are not currently active and flying amid the ongoing COVID-19 crisis, while those who remain working feel less valued by their employers, a survey has found. A survey of nearly 2,600 pilots around the world, conducted by GOOSE Recruitment and FlightGlobal, found that only 43 per cent of
Boeing sees US$12bn loss, delays 777X program
Boeing has reported a record annual loss of US$12 billion, as well as a hefty US$6.5 billion hit on its 777X program, now delayed an additional three years. The company’s net loss rose to US$8.44 billion in the fourth quarter ending 31 December, from US$1.01 billion a year earlier, taking its full-year loss to
