The World of Aviation
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Airbus dampens recovery outlook after US$600m loss
/European planemaker Airbus has lost hope for any meaningful recovery in the short-term, as new COVID variants spread across Europe, closing borders and sending nations into lockdown. Airbus posted an operating loss of US$600 million in 2020, down significantly from its 2019 results, where it reported US$1.6 million in profit. The commercial aircraft division of
Read moreComment: How COVID could make the travel industry more sustainable
/In this cross-posting with The Conversation, the University of Otago’s James Higham discusses the opportunity offered to governments to overhaul the travel and tourism industries amid the COVID-induced slow-down, to tackle the world’s second-biggest current crisis: climate change. The New Zealand Parliamentary Commissioner for the Environment’s second tourism report urges the government to take advantage
Read moreFinnair completes sale-and-leaseback agreement on A350, dismantles A319
/Finnair has announced it has finalised a sale-and-leaseback financing agreement for its latest Airbus A350 aircraft delivery with JLPS Holding Ireland. Under the new agreement with JLPS, Finnair will assign the purchase of the Airbus A350 aircraft to the third party, and then lease the aircraft back for its own operation. The aircraft is expected
Read morePlanemaker backs Trump’s contentious emissions reforms
US planemaker Boeing has officially thrown its support behind contentious reforms over fuel efficiency standards in new airplanes finalised by the Trump administration in its final days. The standards outlined in the reforms have been largely criticised by a dozen US states as well as the new Biden administration as being too lenient, and largely
Read moreBoeing update: Over 200 Dreamliners grounded over defects, UAE lifts MAX ban
The US Federal Aviation Administration has issued an airworthiness directive demanding inspection of over 200 Boeing 787 Dreamliners, after new defects were located. Wednesday’s directive was issued following reports of torn decompression panels in the bilge area, according to the regulator. The issue essentially pertains to the panels that separate the bottom of the passenger
Read moreJetBlue pilots reject tentative agreement over American partnership
JetBlue pilots have rejected a tentative agreement that would have given the airline the ability to successfully complete its long-planned partnership with American Airlines without meeting previous contractual obligations to pilots. A statement released by the JetBlue pilot’s union, Air Line Pilots Association, stated that 53.7 per cent of pilots participating in the vote were
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