The International Air Transport Association has released a new report that appears to see it revise its current forecast for travel demand recovery to 2023, down from its previous forecast of 2024, as global border restrictions begin to ease. In a report released in conjunction with Tourism Economics, IATA is now projecting that international passenger
Russian flag carrier Aeroflot has welcomed the delivery of its first Airbus А320neo into its fleet, becoming the first operator of the aircraft type in Russia. The aircraft, registration VP-BPQ, is leased by Aeroflot from Ireland-based CDB Aviation. The Airbus A320neo has a range of 6,300 kilometres and is able to carry from 150 to
Opening statements are set to soon be heard in the murder trial of four suspects over the 2014 downing of Malaysia Airlines flight MH17 over the Ukraine. The judges overseeing the trial have now officially viewed the wreckage of the downed airliner in the Netherlands, two weeks before prosecutors are due to present their case
Aerion Supersonic, a Boeing-backed start-up company that joined the race to be the first supersonic passenger jet on the market since the legendary Concorde, has officially ceased operations, after struggling to secure necessary financial investment. Aerion’s AS2 business jet was vying to be the first supersonic aircraft to enter commercial service in 51 years, as
Irish-based aircraft lessor SMBC Aviation Capital has struck a deal with Boeing to secure another 14 new 737 MAX 8 jets, bringing its MAX portfolio to over 120, as the company gears up for a recovery in the air travel market. Speaking with the media following the announcement, SMBC Aviation Capital CEO Peter Barrett said
European planemaker Airbus has hit another significant milestone in the construction of the very first A321XLR, and has confirmed that the structural assembly of the jet’s centre and real fuselage parts has now begun in Germany. The Airbus A321XLR is set to the longest-range single-aisle jet, thanks to its increased maximum take-off weight (MTOW) capacity,