American Airlines boss to step down after 20 years in the business December 7, 2021 American Airlines’ boss Doug Parker announced today he will step down as the carrier’s chief executive at the end of March, retaining his role as chairman. Parker’s announcement caused the airline’s shares to go up 2.4 per cent to $18.36 at market opening. “After a legendary 35-year career in aviation, our CEO, Doug Parker, will [...]
Babcock recovers from heavy pandemic losses with £400m disposals plan and UK contracts December 7, 2021 Babcock has recovered from heavy losses to report an operating profit of £75.4m, following a £400m disposal plan and a growing contract backlog.
Aerospace Institute unveils liquid-hydrogen aircraft concept December 6, 2021 The UK Aerospace Technology Institute (ATI) unveiled today the concept for a liquid-hydrogen aircraft able to fly non-stop from London to San Francisco. Funded by the government and led by ATI, the FlyZero project received a £15m investment, Bloomberg reported. “These designs could define the future of aerospace and aviation. By working with industry, we [...]
Minsk to retaliate against EU and UK, imposing sanctions on aviation December 6, 2021 Belarus is ready to retaliate against the EU and the UK, imposing sanctions on carriers flying into its air space and banning people from entering the country. “In response to the illegitimate restrictions on the Belarusian aviation industry, which are based on unfair competition, our country will take similar steps in relation to air carriers [...]
Travel industry in shock: Pre-departure tests for all UK arrivals from Tuesday December 4, 2021 Everyone arriving in England from abroad will be required to take a Covid-19 pre-departure test from 4am on Tuesday, Health Secretary Sajid Javid said this evening. The pre-departure tests will have to be taken a maximum of 48 hours before departure and will apply to all travellers arriving in the UK, regardless of their departure [...]
Coronavirus U-turn: Japan partly reverses Covid travel ban as Omicron variant increasingly appears to be ‘mild‘ mutation December 2, 2021 A ban on new incoming flight bookings in Japan has been dropped, the country’s government said this morning. The policy, aimed at halting the new Omicron variant of the coronavirus, only came into force yesterday. The transport ministry on Wednesday issued a request to international airlines to stop taking new reservations for flights coming into [...]
Omicron variant will have “limited overall impact”, Qatar Airways boss says November 30, 2021 Qatar Airways’ boss Akbar Al Baker has said he hopes that the new Omicron variant detected last week “will have a limited overall impact” on aviation’s recovery, with the “process of unlocking” continuing. Delivering the keynote speech at the UK Aviation Club this afternoon, Al Baker – who has been at the helm of the [...]
Embraer displays world’s most efficient and sustainable single-aisle jet November 25, 2021 Brazil-based aerospace company Embraer has displayed its E195-E2 aircraft, considered the world’s most efficient and sustainable single-aisle plane. After initially showcasing the model at the Dubai Airshow earlier this month, Embraer has showed the aircraft at the Selangor Aviation Show in Malaysia. “The E195-E2 on display shows how a regional jet equipped with the latest [...]
Watch: Travelers and airline crew ecstatic as first UK to US take off from Heathrow November 25, 2021 The US reopened its borders to international flights on Monday, offering joy for travelers and hope for hard-pressed airlines. Watch the full report.
Airline shares splutter as new EU lockdowns spook investors November 24, 2021 The share price of major airlines is on an ongoing downward trajectory as a result of the new wave of Covid-19 infections around Europe which is causing countries such as Austria and the Netherlands to impose lockdown measures. Compared with the last few days, the share price of major carriers such as IAG and Ryanair [...]