Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC) signed a joint development and cost sharing agreement on December 3, 2024, to assess the potential development of a sustainable avi...
FTAI Aviation has sold the remaining of its offshore energy vessels, it said on December 3, 2024. The Pioneer and the Pride were both sold for a total of approximately $143 million. The company said i...
A University of Nottingham aviation researcher has joined the UK's “new and improved” Jet Zero taskforce on December 4, 2024. Professor of mechanical engineering at the university Carol Eastwick was a...
Electric vertical takeoff and landing (eVTOL) aircraft developer Joby has received a Part 141 certificate from the Federal Aviation Administration (FAA) for its flight academy as it continues to move ...
Avelo Airlines is adding two new bases of operation at Charlotte's Concord-Padgett Regional Airport and Wilmington International Airport. The airline will start five new routes from the two airports, ...
Eve Air Mobility has signed a letter of intent with Helicopters Inc. for up to 50 electric vertical takeoff and landing (eVTOL) aircraft. The Embraer eVTOL company said the letter of intent included s...
After strong holiday demand, JetBlue updated its fourth quarter and full year guidance on December 4, 2024.“Booking performance for travel in November and December was higher than expectations immedia...
Passenger demand saw continued momentum in October 2024, according to the International Air Transport Association (IATA). Total passenger demand, measured in revenue passenger kilometres (RPK), was up...
Korean won to the US dollar dropped sharply on December 3, 2024. It came as Korean President Yoon Suk Yeol in an unprecedented move declared an emergency martial law, citing threats from anti-state fo...
C&L Aerospace has entered into a long-term strategic agreement that facilitates the disassembly of end-of-life business jet aircraft. C&L will begin by initially disassembling 13 aircraft through the...
Atlas Air has appointed Klaus Goersch to the role of executive vice president and chief operating officer. Joining the company in late December, Goersch will oversee Atlas’ global flight, ground and ...
Air India's $400 million retrofit programme, which began earlier in the year for both its widebody and narrowbody aircraft with work already underway on the 27 A320neo aircraft, is expected to be comp...
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